Guess who just defaulted for the 9th (ninth) time in their history?

GUESS WHO IS A FUCKING COMMIE ANGLOJEW???

GO TO SUCK THE STALIN COCK, MEGAMUTT

Attached: who.png (898x766, 858.22K)

>maaaa I entered an economic crisis again heeeeelp

The point of buying their bonds is the super high interrest.
At every defaut the price of the loan goes up.

thanks

Dabbing on bankers since 1810

I have no idea what this means

Does the average Argie even use Argentine Pesos at this point or are all their savings in foreign currencies (Dollars)?

They use dollars to buy houses, cars etc. Pesos are for daily life.

tfw paying off your credit card with trudeaubucks

>the creditor group Ad Hoc Bondholder Group, made up of investment funds including BlackRock and Fidelity
who are these people? who loans money to governments?

Is this also a thing in Brazil, Chile, Uruguay, etc?

Investment banks

Salvador and ecuador use dollars.

Not in Brazil, it happens in Paraguay, in Uruguay I'm not sure.
Also happens in Equador.

I've always wondered this. Why is the real estate in those countries denominated in dollars and not in local currency?

but that is for everything, not only for real estate, same for Panama. The US dollar is their sole currency for everything

Haven't those two officially abolished their own currencies though? The Argentines still have their own ones if I understand it correctly.

Weak currencies fluctuate a lot, by using dollar you keeping the same price.

And Bitcoin costs there 15-16k$ (almost 2 times higher than the market price)

With Usura hath no man a house built of solid stone

yes you both right.

who buys these bonds and how much money do they make?

>it happens in Paraguay
I see. Interesting how you can guess how the economies kinda are by the use of different currencies.

the mark of the shithole basically

why didnt they just raise the debt ceiling like us lol

They can't pay their interest payments like you can.

WE THE PEOPLE USE PESOS FROM THE PAST TO THE ETERNITY.
DOLLARS ARE USED FOR INTERNATIONAL COMMERCE.
THE LAST MEGACORRUPT GOVERMENT OF MAURICIO MACRI WITH THE SUPPORT OF UNITES STATES , UNITED KINGDOM AND ISRAELI EMBASSIES, DESTROYS ARGENTINA ECONOMY FROM INSIDE, TAKES A HUGE AND INNECESARY EXTERNAL DEBT IN DOLLARS. THEN WHEN THE DOLLARS ARRIVE TO OUR COUNTRY, THE BIG CORPORATIONS AND LOCAL OLYGARCHY LIKE MACRI CHANGES ALL THEIR PESOS FOR DOLLARS, AND PUT THAT DOLLARS IN TAX HEAVEN OR FISCAL PARADISE COUNTRIES. THEY STOL ALL THE COUNTRY AND PAY WITH THAT MONEY LEGAL INMUNITY. THE CRIMINALS OF "CAMBIEMOS" TAKE A LOT OF MONEY AND NOW CAN BOUGHT NOW JUDGES AND IMPUNITY, AND MORE , THE PERSECUTION OF THE NATIONAL ARGENTINIAN PRIDE.

Just give us their country, we'll make it work better

Rare. Prove your not a proxy

Based Cuneo. lmao

this