Just to be clear, the latest (and greatest loan of our history) was technically illegal. Not only did it go against certain IMF rules but also Argentina's basic legislation. It was a purely political move to finance Trump's favourite candidate here. So it is not just an economic issue. It is a political one, and therefore should not be treated from a purely economic point of view.

@arkantoscamo9660

2 жыл бұрын

@@rosadacaro Tenés toda la razón en eso, Ada. Aunque me permito pensar que tal vez mucho de quiénes nos gobiernan tiene que ver finalmente con la Embajada. No sería la primera vez, y hay una injerencia probada al respecto. No digo que no seamos finalmente nosotros quiénes decidimos (somos responsables de a quién votar), pero hay que ver hasta qué punto las responsabilidades no son compartidas.

Coming friends. Amazing, the latest news is great..!! Thank you for sharing the latest news updates..!! Greetings from Indonesian Traditional Gold Seekers🇮🇩🌸🌷👍👍

When the "expert" says it will be painful, she means it will be painful for the poor. Isn't there any other alternative apart from austerity? How about increasing taxes for the rich?

@Maurazio

2 жыл бұрын

Unfortunately if you tax the rich you solve the problem for a month or maybe a year, then you are back where you started. And the capital will fly away. you need to solve the structural problems. compared to the annual spending of a country the wealth of the rich people is never enough, a broad tax base is needed.

@arshaq4200

2 жыл бұрын

@@Maurazio it's not like that .when you increase the tax on rich which in some level reduce the income inequality and the state will have more fund they can use it for the well fare and employment of the people.its not that simple there are a lot of other things that are also taken into account.

@a210926

Жыл бұрын

@@arshaq4200tend to disagree, because of our history, but I understand your point. A lot of countries tried to tax rich people usually don't go so well... Of course, you need to discuss each tax, but I never see any that works. For example, Europe tried that wealth tax sometimes..in 1990, twelve countries in Europe had a wealth tax. Today, there are only three: Norway, Spain, and Switzerland. The most recent: France's wealth tax contributed to the exodus of an estimated 42,000 millionaires between 2000 and 2012, among other problems. Only last year, French President Emmanuel Macron killed it. I am not saying that you should not rise taxes I rich people, but you need to think in the secondary consequences.

This debt and default has been excellent for some Argentinians in the backstage and in the banks!

mr basravi good journalism sir

why do so many men around the world hate eachother so much

Recently people talked a lot about the Chinese debt trap building infrastructures for developing countries. How come no one call this debt trap that Argentina could not pay back for the last 40 years? The money that did not go to developing the infrastructures?

@noirto2

2 жыл бұрын

because china is open to renegotiating the term of the loan to make sure country actually can repay it, where IMF refuses to even discuss any changes except additional loan if the country encounter any complications.

@Wilson-xd4zq

10 ай бұрын

@@noirto2 To the contrary, some of Argentina's past loans have been forgiven. But then Peronist governments continue to spend money they don't have and eventually borrow more.

Argentina keeps borrowing, then defaulting! Who is to blame for that! Argentinian government;

@gavinhill3164

2 жыл бұрын

exactly! and now they owe china money. good luck with that

We hope in near future there is a better alternative to replace IMF in provide loans without interest to countries in needs. This is the time where many nations are having difficulty to recover from Covid-19 pandemic and the economic crisis expecting from Russian-Ukraine conflict; The World has to rethink of the better financial arrangement and institutions that are not exploiting. IMF and World banks are not the right institutions to help nations to recover from economy stagnations and decline. This is the time to revamp economic and financial order of the world.

NEVER EVER TRUST THE IMF

@Wilson-xd4zq

10 ай бұрын

Never loan money to a country that doesn't implement economic reforms but instead keeps following failed policies.

The real fix for Argentina would be to implement strong sustainability programmes to look after the forests,wetlands,waterways,people, animals etc via eco-housing,enhancing biodiversity,clean green industry,animal welfare,organic farming etc etc.This would be a win win situation for everybody.

@gavinhill3164

2 жыл бұрын

lol do you seriously think sustainability is going to solve this? How much is this sustainability going to inject into the micro and macro economies? While this may have an impact on local communities, it isn't going to affect wider economic problems. your suggestion is only a very small part of the possible solution

@kwektans

2 жыл бұрын

Hahaha; this strategy will only work for a tiny country whose main source of foreign currency is tourism…

@vicnad92

2 жыл бұрын

@@kwektans not only tourism, dont forget, tax haven (HK, Bermuda, Singapore, Ireland, Caymans etc).

@chigrikmarak3107

Жыл бұрын

You're not the clown you're the entire circus. What you're suggesting would exacerbate the problem,they cannot afford the fancy things you're suggesting.

@methamphetamineaddict5217

Жыл бұрын

Lol organic farming

When it comes to the world of investing, most people don't know where to start. Fortunately, great us investors of the past and present can provide us with guidance

@everetthudson30

2 жыл бұрын

Yeah!! ‌Due to the fall in the stock market, I don't think it's advisable holding, it would be more beneficial and yield more profit if you actually trade on cryptocurrency I've been trading since the dip, and I've made so much profit trading.

@everetthudson30

2 жыл бұрын

@Alice Spencer ‌that's why you need the help of a professional like Mr Dave Jevans who trade and understand the market more to earn good income, these professionals understand the market like it's there own farm and make s maximum profit for investors.

@sarawaisglass239

2 жыл бұрын

‌I heard that his strategies are really good

@Sanlee578

2 жыл бұрын

@@sarawaisglass239 ‌ Yeah, My first investment with Mr Dave Jevans he earned me profit of over $25,530 US dollars, and ever since then he has been delivering

@ambitiousadventure1791

2 жыл бұрын

‌He has really made a good name for himself.

The real original debt trap!

No

Good morning folks xxx 😘

Why does it say FMI on thimb and IMF on vid?

the IMF said it will only help Argentina if it adopts an anti-crytpo stance.... hmmm why would the IMF want that 🤔🤔🤔????

I have an idea. Give another loan in the billions of $$$$$ to a nation which has defaulted on IMF loans in the past and has presently 100% inflation

The answer is no.

The background music is annoying af

imf help will have a detrimental effect in the long run, u really have to find another way to stay afloat

I didn't realize how bad things were in Argentina. Wow!

Good...let's get this over quick...the players need their fix...when you see a druggie...consider it might be a right mind that put him over the edge....and when you see an investor...it might be his mind that's putting us all over the edge

If you know anything about the IMF you know it doesn't represent financial stability if you're a developing country, but it does mean the continuation of Neo-liberal resource extraction at the cost of its people

@vvventure

2 жыл бұрын

neoliberal? wtf, the country ask for loans they cant repay and finance the budget by printing loads of money (50% of annual inflation) because they have a huge and inneficient state that it also regulates everything, from commerce, to exchange rates, high taxes, etc. Its the same old third position argentina implement since 1930s, nothing liberal on it.

@Wilson-xd4zq

10 ай бұрын

Oh? Is that why other countries which have borrowed from the IMF did become financially stable? And what "neoliberal resource extraction" is happening in Argentina? It has a lot of copper but doesn't even mine it. Argentina is in the situation because its Peronist governments keep spending more than they can afford. It isn't so-called neoliberalism that destroyed Argentina's economy, Peron and Peronists did.

Does the IMF have any success stories

If 2022 won’t get any worse then your wrong

Great insights by Jimena Blanco. Argentina and IMF, seems unbreakable love and hate relation, if not addiction. Proverbial “God or rather Government help those who help themselves” might apply here… And seems like perpetual affair, where parasite IMF will never leave its host, and austerity is its wining card. Is it structural or political? I would say both. Cui bono? and I would leave it to people to decide and strike first.

IMF needs an more integrate solution , three fold solution Globally that allows, CPI, Agricultural economics innovation to stabilize growth

I guess most people don't get what happens here. Argentina's economy is in the hands mostly of multinational corporations... For starters: what is the currency those corporations use to repatriate their revenues? Yep... That is the reason why the goverment "borrows" from the IMF... To ensure corporations have the dollars to send their earnings to their respective countries... And who pays the bill? The argentinian people. How do they pay it? By emptying their stomachs, by not getting medical care, by not accessing the education system. Colonialism 101 althou nobody wants to call it by its true name. On top of that, the argentinian people have to pay interest for buying goods made by corporations of foreing origin in their own country.

@a210926

Жыл бұрын

So what is your point? Do think removing multinational companies will help Argentina? The problem is cristal clear fiscal deficit is too high for Latin America country. Just pure irresponsibility.

@Wilson-xd4zq

10 ай бұрын

This isn't colonialism, this is spending more than you have. Blame Peronists. Argentina can't even borrow in private markets because it has burned so many lenders. It's amazing anyone is willing to loan it money, including the IMF.

again???

Join BRICS

Owning some cryptocurrency can increase your portfolio's diversification since cryptocurrencies such as Bitcoin have historically shown almost no price correlation with the US stock market invested to allow you to stop working and enjoy a high quality of life If you believe that cryptocurrency usage will become increasingly widespread over time, then it probably makes sense for you to buy some crypto directly as part of a diversified portfolio and trade them to make more profits

@greenwaltella7267

2 жыл бұрын

Atleast they don't have nuclear weapons and cause trouble in neighboring countries with terrorism

"The previous gov [Mauricio Macri] took out debt to pay debt inherited from the gov before"... mmm... i'm not sure...

Welcome three war 😁😁😁

I'm no longer waiting for the GRANT LOAN because I earn $29,700 every 10 days recently

@sophiadonald8148

2 жыл бұрын

Wow I can't believe you guys are discussing about Mr Jamal Logan is now currently managing my account I just made my second withdrawal trading with him . I can't wait another two weeks to cash out again.

@andrewsteven836

2 жыл бұрын

Mr Jamal Logan is an expert trader on a certified broker, I've worked with him for years, everyone his processes he or her trade, is so lucky, all you have to do is believe in him and fellow his guidance. Then sip your drink and relax

Legalize Bitcoin as Legal Tender and tell IMF and rest of criminal banksters to FOD

@Purjo92

2 жыл бұрын

Bitcoin is horrible currency for the poor. It has too high transaction costs to be used as real money. Argentina should just do economic default (stop paying anyone anymore for now), take high hit that causes, and then bring new national currency that corresponds to real economy and will eventually have foreign trust.

@Wilson-xd4zq

10 ай бұрын

This comment didn't age well. 😂😂😂😂

Boycott Qatar FIFA World Cup

❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤KING PUTIN❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

Pakistan only have right to beg to IMF.

❤️❤️hi❤️❤️One true God Almighty the creator of the universe came as a human and died on the cross for your sins and rose again. You can have eternal life in Jesus. Raise to live with him in a glorious body in heaven. JESUS CHRIST is coming soon. We are in the end times. Believe in Jesus. If you seek God with sincere Heart you will find Jesus. Romans 10:13 For “Everyone who calls on the name of the LORD JESUS CHRIST will be saved.