Argentina: Thousands protest in Buenos Aires against IMF debt deal 

The same way Greeks never saw a problem with this.

Everyone sees a problem in this, even the public workers. Not much to do when the majority keeps voting the socialists

@@sergelondon916 in Greece was not 55% though

@@thesoundinyourhead1782 I never quoted an exact figure? I was only referring to the Greeks having a sizeable amount of people employed in the public sector as well.

thats not true bro..

All the natural and mineral resources of Argentina will become collateral for these loans and will be property of IMF when Argentina defaults.

It seems to be a hard lesson to learn for Argentina. Almost every 10 year they take a loan from FMI. And I am sure there will be another FMI loan in next years, if not now.

And what's is that debt slave to the American bankers

The IMF gave 50 000 million dollars to Argentina. What did the Argentinians do with all that money? Politicians stole a lot of money, thousands of millions of dollars, in various corruption schemes that are well known to the argentinians. The rest of the money was distributed by those same politicians in populist campaigns, giving free food and even salaries to strikers (aka people that didn't want to work)

Imagine if there weren't an IMF. Even loan-sharks wouldn't be lending to Argentina.

But the Bible says that in the end of days, if a God ever told a lie, that is also called a demon...

They need to embrace their free market and lower taxes, but the taxes are they only thing keeping the people alive at the moment through gov aid programs like food stamps.

and reforming unions and lowering the deficit

That’s all the IMF knows how to do ,is how to tell government that they should cut government services to the people .

@@JohnJohn-rz7tn and they are right to do so, unsustainable services need to be cut

Governments worldwide should be cut a minimum 80%. Most of government is useless, inefficient, corrupt and incompetent.

Mismanagement of the economy my friend.

They just need a Christ Kingdom Mathematician...

Your faith in the banking system is unreal.

Corruption.

Why take it so?

@@lucasmate1582 installed western puppet

Not a problem. Argentina just signed a Belt & Road deal with China for several billion dollars. Let’s meet back in a year and see how the Chinese loans are working out.

@@ralphemerson497 They Will blame everybody but themselves.

Argentina indebted itself.

Kuku DMD

Usa owe 30 trillion but keeps on printing. America hates the poor and when a gov steps in that returns to a social balance, "we don't recognise that election" and tout their boy and cause unrest. You are simple

​@@simonclarke7309 Do you think that there is a basis to compare the USA and Argentina? 33% of global reserves are in USD, so USA printing money will have far less impact on USA society than Argentina doing the same. In my country there is a saying "What the governor can do, you stinky peasants can't do" (in a loose translation). Also, there is another thing - borrowing money. If a rich man borrows a million for whatever he wants to do with it, banks will have no problem with giving him loans because they know he will pay it back. If a poor person borrows 10 000 for consumption, it will be a different case. It would be irresponsible to lend this person money, because they can't pay it back. Especially since it doesn't go for investment but for consumption goods. The IMF is not a charity to help the poor, it was created to give loans, not donations.

@@magdalenaos8215 but the whole system is rigged to work one way, and will go to war if a socialist government gets into power, the cia are sent in. In UK petrochemical companies are being supported so much, one has not paid tax which as a rate was. Minus 51% while us peasants suffer. The American debt is still growing

If they don't borrow they will die of starvation

@@saintpinewood562 Argentina? Argentina produce and export tons of food, starvation should not be their problem.

Just like the 🇨🇳 one

@@ken-je9oi yes the master

Just dont take it anymore, easy.

The IMF gave 50 000 million dollars to Argentina. What did the Argentinians do with all that money? Politicians stole a lot of money, thousands of millions of dollars, in various corruption schemes that are well known to the argentinians. The rest of the money was distributed by those same politicians in populist campaigns, giving free food and even salaries to strikers (aka people that didn't want to work) No real investment was ever done. They ate the whole thing up at once. I won't blame the IMF for that.

Dude, you are not gonna mention how argentina itself is the problem? What would you do if someone burrows from malaysia and they decide not to pay you? If the IMF will not finance argentina, then they would collapse sooner since not even China will lend them

? What

@@KDH-br6hy debt trap

I have seen a lot of idiots in this comment section but you sir are the king of them all!

America is in 30000000000 or 30 trillion in debt but can print fiat money endlessly. Banking system needs removing its a parasite

@@simonclarke7309 That dont sound right as printing like that should cause severe inflation.

@@simonclarke7309 Argentina cannot service the debt like the US can

@@mattgummerson8370 but like uk we print money ad infinitum with zero consequences. We control the mechanisms that decide to crush a country. The USA has 30 trillion debt which of course owed by the public. The system is privatise all profit and nationalise all debt we the uk are experts at it. Brexit was for the 1% to carry on enjoying the benefits of the likes of the cayman islands whilst impoverishing the whole nation. In UK we bailed out banks to the tune of 850 billion. Not on penny trickled down. You still have blind faith..... I see it for what it really is.

@@tauceti8060 I'd didn't in uk when 850billion was printed and given to the banks where it promptly disappeared without a trace. No inflation. Similarly the USA. I took economics those rules don't exist any more.

If I were Britain, I would force a sale of The Falklands.

@@FahadShah822 force sale would only legitimise their ownership on it

@@alexisvladimir8148 Not for long ;)

Why take it so?

Mismanagement by the govt is to be blamed too.

True👍

Nice islamophobia

@@Youdontshushh 你丫看懂了么？就瞎回复是islamphobia

@@chuckleo6039 Because you wrote bullshit.

@@sergelondon916 did you fool really understand my comment ? How can you arrogantly criticize something that you don’t understand? Stupid Idiot….

@@chuckleo6039 wretced islams u say. F ur athiest beliefs out, we dont need wumaos on yt. Go dance around ur tiktok

Spaniard and Portuguese are our culture. Argentina is also addicted to debt the country that defaults the most in the world.

@@Blaftunedonly if you are Iberian. And don't forget the moorish culture to add to your belt.

Illegal,illegal,illegal