codshit.com: Argentina defaults on loans again

Friday 13 December 2002

Argentina defaults on loans again

Argentina will default for a second time on a $700m (£441m) payment due to the World Bank, effectively isolating the country from all major international lenders.

"We are not going to pay," Cabinet Chief Alfredo Atanasof told reporters.

The default comes almost a year to the day that rioting over the economic policies of President Fernando de la Rua caused him to resign.

Argentina is now considered to be in the same league as Iraq in terms of defaulting on multilateral loans.

Full story...

Enlightenment

Do you feel like you're living in some Orwellian nightmare? Or perhaps you feel as if you're plugged into The Matrix? Well if so, you've come to the right place. No matter how messed up you thought the world was, by the time you've finished reading some of the things I've found on my travels in Cyberspace you'll realise that 1984 was just a typo!

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Wisdom

Americans have different ways of saying things. They say 'elevator', we say 'lift'...they say 'President', we say 'stupid psychopathic git'....
.: Alexi Sayle :.

If you confront the Universe with good intentions in your heart it will reflect that and reward your intent... usually... It just doesn't always do it in the way you expect.
.: G'kar :.

So there, we have figured it out, go back to bed America, your government has figured out how it all transpired. Go back to bed America, your government is in control again. Here, here's American Gladiators. Watch this, shut up. Go back to bed America, here's American Gladiators. Here's 56 channels of it. Watch these pituitary retards bang their fuckin skulls together and congratulate you on living in the land of freedom. Here you go America, you are free... to do as we tell you.
.: Bill Hicks :.

Let there be no doubt that the people of the free world are engaged in a war... In the next few years, we are either going to see the people of the free world rise up against these fascists, now setting the stage for global war, or we are going to see the end of democracy as we know it with martial law the end result.
.: David Shayler :.

Nothing will end war unless the people themselves refuse to go to war.
.: Albert Einstein :.

Wisdom