what the IMF doing with JDX and NDX show us how false the policies of Omar Davis and Lattibudierre was. The interest rate that is been cut is what was sold at higher interest rate. The debt exchange has nothing to do with the capital, only cutting the interest rate which is simple unaffordable. To think that so many people shut their mouth or cheerlead during the time knowing it was bad economy policies to be selling government bonds at ridiculos prices.
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The IMF and debt exchange
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