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Argentina's negotiations with creditors to resolve a dispute over $1.5 billion in unpaid debts remained deadlocked following talks Friday, setting it on a course for a possible catastrophic default next week.Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. Daniel Pollack, the court-appointed mediator in the dispute, met with Argentine officials and in a statement released after the talks said that progress had not been reached. Pollack also said the Argentinians were returning to Buenos Aires Friday night, but he expects more talks before the deadline.
It doesn't concern you, Sister, that kind of absolutist view of the universe? Right and wrong determined solely by a single all-knowing, all powerful being whose judgment cannot be questioned and in whose name the most horrendous acts can be sanctioned without appeal?
Being required by someone else’s religious beliefs to behave contrary to one’s sexual identity is degrading and disrespectful.
U.S. hedge funds
What exactly happens if they do default? It's not a like a car loan, you can't repo a country.
Quote from: MadCatTLX on July 26, 2014, 11:39:37 amWhat exactly happens if they do default? It's not a like a car loan, you can't repo a country.Well, they did try to take a ship.
Quote from: Sigmaleph on July 26, 2014, 03:34:35 pmQuote from: MadCatTLX on July 26, 2014, 11:39:37 amWhat exactly happens if they do default? It's not a like a car loan, you can't repo a country.Well, they did try to take a ship.The fact that the Argentinean Navy still has a tall ship in active service is just brilliant.
That said, I've stopped trying to anticipate what people around here want a while ago, I've found it makes things smoother.
For I was an hungred, and ye told me to pull myself up by my bootstraps: I was thirsty, and ye demanded payment for the privilege of thine urine: I was a stranger, and ye deported me: naked, and ye arrested me for indecency.
