Tuesday, May 8, 2018

Argentina looks for a $30 billion bailout from the IMF


Oh boy…
Not this s**t again.
I just hope the government manages to survive the storm and those damn Peronists don’t try to overthrow the government again.
Argentina Is in Talks to Get a $30 Billion Flexible Credit Line From the IMF
Argentina asked the International Monetary Fund for financing to help stem a five-month-rout in the peso that is sparking a surge in interest rates and threatening to derail the country’s economic recovery.
“This will allow us to face the new global scenario and avoid a crisis like the ones we have faced before in our history," President Mauricio Macri said in a televised address Tuesday.
https://www.bloomberg.com/news/articles/2018-05-08/argentina-said-to-request-30-billion-imf-flexible-credit-line
FerFAL
Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”

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