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But where are the BRICS? $1.5 billion should be peanuts for them.

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timber1956

7,423 Posts.

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31/07/14

18:18

Post #: 13749208
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Originally posted by All4One ↑

DAYTR

Well they did it they defaulted. How will that help the hedge funds though and what will they get out of Argentina now. This is apparently not nearly as dire as the last default. What was the point in forcing this upon Argentina? Argentina wont be forthcoming with their money now, if they had of taken a more conciliatory action they may have got most of their money over a period of a couple of years.

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But where are the BRICS? $1.5 billion should be peanuts for them.
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