MiG-29
Banned Idiot
Re: New interceptors for the Argentine Air Force?
The IMF is in many latin americans view an instrument of economic imperialism, in fact , we do need to go into that simple because that is politics, suffice to say only what is the most important is how much food, health and education a nation has, in HDI Argentina is the top 2 in Latin America and one of the best well off nations.
If China and Argentina do business is out of the control of the IMF, and that is the reason probably argentina will buy Russian and Chinese technology, the IMF is a western financial institution, Argentina is vetoed mostly by politics and the 1982 war with England (England holds a great grip on the IMF).
Russia and China are nations which are resisting the IMF pressure, and are calling to create economic alternatives to the Dollar and Euro based IMF financial system.
Argentina can simply pay with Yuan or barter with grains, meat or other comodities without using the IMF never ending and unpayable loans.
Argentina defaulted for a reason, but is rich enough to pay with Yuan or Rubles.
So China and Argentina can find a way to pay those JF-17s easily.
Actually, the IMF has censured Argentina (the first time it has done that since 1954, and the second country to be censured by the IMF, the first being Czechoslovakia) for blatantly false inflation and economic growth statistics a few months ago:
With the IMF's censure of Argentina, it could lead to Argentina being kicked out of the IMF, and with Argentine access to international lenders severely restricted, Argentina is going to be facing a very messy default... again.
The IMF is in many latin americans view an instrument of economic imperialism, in fact , we do need to go into that simple because that is politics, suffice to say only what is the most important is how much food, health and education a nation has, in HDI Argentina is the top 2 in Latin America and one of the best well off nations.
If China and Argentina do business is out of the control of the IMF, and that is the reason probably argentina will buy Russian and Chinese technology, the IMF is a western financial institution, Argentina is vetoed mostly by politics and the 1982 war with England (England holds a great grip on the IMF).
Russia and China are nations which are resisting the IMF pressure, and are calling to create economic alternatives to the Dollar and Euro based IMF financial system.
Argentina can simply pay with Yuan or barter with grains, meat or other comodities without using the IMF never ending and unpayable loans.
Argentina defaulted for a reason, but is rich enough to pay with Yuan or Rubles.
So China and Argentina can find a way to pay those JF-17s easily.