bloomberg:http://www.bloomberg.com/apps/news?pid=20601110&sid=aC12kxRxMeqI ``The government is explicitly saying that it has problems meeting debt maturities and this is a last-ditch measure to do so,'' Salvucci said. ``For accounting purposes, this debt will no longer exist.''
The plan is to take control over 10 funds, which hold about $29.3 billion in savings and the government had two options: reduce spending, eliminate subsidies and pay a political price or put its hands into the retirement accounts of the people.. Financial crisis well played everywhere..
We usually get them before they get a chance to post. Conagher was able to pick up his IP origin and send him packing.
Back to the Tango 3's post -- Are you telling us that goobermint bonds are not going to be paid at maturity? The Argies are gonna do it again --