Tuesday, August 19, 2014

Brussels Demand on Argentina – Arrogance and Stupidity

Brussels Demand on Argentina – Arrogance and Stupidity: August 19, 2014 "ICH" - Imagine – Argentina – and the rest of Latin America - being urged by the EU, ultimate puppet of the naked emperor, Sir Obama, not to supply Russia with food stuff – vegetables, fruit, meat – after Argentina was ‘punished’ by a corrupt court in New York to pay 1.5 billion dollars to the fraudulent NML Capital et al vulture funds – out of its current agreed upon debt of US$29 billion – equivalent to Argentina’s total reserves. And yes, the hedge funds have to be paid 100%, when the remaining 93% of creditors agreed on a 20% reimbursement rate. – And, yes, Mr. Griesa, the bought NY judge, has blocked all of Argentina’s payments to the other creditors, unless his vulture clients are paid in full. So, Argentina is in forced default – having to pay now much higher interest rates on international money markets, if she is indeed still eligible for international credits.

Unimaginable but true.