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RE: Re: The character of Argentine industrializatio n



gee, why didn't the IMF apply sanctions and force these states to cut their
budget deficits by slashing non-essential (i.e., non-debt-service)
expenditure?

Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine

> The big push for British financial investment in Latin
> America came after the
> early 1840s, when a number of states in the U.S. defaulted on
> their British
> bonds, which have never been repaid.
>
> --
>
> Michael Perelman
> Economics Department
> California State University
> michael@xxxxxxxxxxxxxxxxx
> Chico, CA 95929
> 530-898-5321
> fax 530-898-5901
>




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