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From Argentina to Greece: A Global Roller-Coaster

World  (tags: Argentina, Greece, Banking, conflict, economy, ethics, finance, freedoms, humanrights, politics, society, UnitedNations, violence, world )

- 2017 days ago -
The fund claimed that Argentina owed it $350 million, and offered to let the ship leave if Argentina's government put up a $20 million bond to be forfeited. EM´s CEO is Paul Elliot Singer, who specializes in piling up insolvent country debt.

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Sheryl G (363)
Monday November 12, 2012, 1:58 pm
This has far from played out. The Banksters are the run a way thugs that have a grip on the world and no one has done a thing really to stand up to them. It's keep picking the people's pockets that have less and less to give, now many have nothing more to give.

They'll turn this world into a grave yard if allowed.

JL A (281)
Monday November 12, 2012, 6:46 pm
And for this people are subject to austerity policies? Shameful.

Past Member (0)
Monday November 12, 2012, 11:06 pm
Noted. Thanks.

Vallee R (280)
Tuesday November 13, 2012, 7:33 am
Dandelion - you are so correct! Thanks Kit!

Lois Jordan (63)
Wednesday November 14, 2012, 5:05 pm
Yes, the vultures are ready to pick the carcasses of the dying until there's nothing left. I don't understand the cruelty and greed....just absolute evil. The citizens of these countries are considered "collateral damage" for making the already wealthy even wealthier. I'm wondering whatever happened to those LIBOR lawsuits--against all those major international banks for manipulating the interest rates for YEARS. One bright spot is that many in European countries are rising up in protest this week, so I'm hoping for some possible good results to come from this.
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