tag:blogger.com,1999:blog-30643134.post1269151052274194473..comments2023-12-26T01:10:26.319-05:00Comments on Accrued Interest: We're not going to pay!Accrued Interesthttp://www.blogger.com/profile/05096191765979971184noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-30643134.post-52289839383019627922006-11-29T08:03:00.000-05:002006-11-29T08:03:00.000-05:00Rajesh:
I don't think the idea that Chavez will a...Rajesh:<br /><br />I don't think the idea that Chavez will always be there to bail you out is good economic policy.<br /><br />Whenever I hear about a country electing some ultra-leftist populist like Correa, I feel like I'm back coaching 7-8 year old baseball. You keep telling the kid to watch the ball and keep his glove up when he's trying to catch it. And it seems like he gets it. Then when you actually throw it to him, he turns his head away and winds up getting hit by the ball. You'd think the other kids watching would learn from the first kid and not turn away, but no. Most of them get nailed too.<br /><br />So it seems to me that Ecuador was sitting there watching Cuba, Russia, and Venezuela get hit by the ball over and over. Yet still they want to have a go at socialism. What can you say?<br /><br />Alright Correa, here comes the ball...Accrued Interesthttps://www.blogger.com/profile/05096191765979971184noreply@blogger.comtag:blogger.com,1999:blog-30643134.post-57273805663910190992006-11-28T22:15:00.000-05:002006-11-28T22:15:00.000-05:00Who needs the debt markets when Uncle Hugo is hand...Who needs the debt markets when Uncle Hugo is handing out gifts to all his friends? And of course, oil prices can only go up.<br />But if you don't like the president of Ecuador, don't worry. A new one will be coming along any day now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30643134.post-67121566152327730342006-11-28T13:12:00.000-05:002006-11-28T13:12:00.000-05:00thxthxHFThttps://www.blogger.com/profile/15736702596374206923noreply@blogger.com