Devaluation

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lisliuq

New member
Mar 27, 2002
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Hi, Frederick

I want to know if is posible that DR get in the same situation of Argentina, and why could that happen?
thanks.
 
M

MommC

On Vacation!
Mar 2, 2002
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dr1.com
It's happened before.......

and could happen again.
One cause is rampant borrowing by the gov't such has been happening the past two years with the inability to repay the loans.
 
F

frederic

DR1 Expert
Jan 1, 2002
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lisliuq said:
Hi, Frederick

I want to know if is posible that DR get in the same situation of Argentina, and why could that happen?
thanks.
Click to expand...

NOT FOR NOW....But if the Government continues its Borrowing Frenzy for a longer time...it won't be long until we Argentinize the Domincan Republic.
 
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