on the front page of DR1 is a bit confusing to me. Why would it fall in value?
It mention the IMF getting back on track and I went to the IMF website and low and behold the DR has drawn down there line of credit so far (80%+-) that there is less than 100 million left. How does that fare well even if they get it back together with the IMF.
I stated all along I thought that the DR was going to take the IMF to the cleaners and I don't think there is prayer number 1 of them being paid back.
Dominican Republic 8/29/03 date agreed upon 8/28/05 expiration of agreement 438m Total commited 350 Total withdrawn 93 Most that they can take according to the agreement even if they agree to give it to the DR.
What a freakin disaster!
It mention the IMF getting back on track and I went to the IMF website and low and behold the DR has drawn down there line of credit so far (80%+-) that there is less than 100 million left. How does that fare well even if they get it back together with the IMF.
I stated all along I thought that the DR was going to take the IMF to the cleaners and I don't think there is prayer number 1 of them being paid back.
Dominican Republic 8/29/03 date agreed upon 8/28/05 expiration of agreement 438m Total commited 350 Total withdrawn 93 Most that they can take according to the agreement even if they agree to give it to the DR.
What a freakin disaster!