Argentina?? WhereTF is Argentina??

[question everything]

We are given an example of what happens when a country defaults on its obligation. Happened in Argentina in 2001 and it still suffers from it.

Yeah, right, try telling this to most Republicans, not to mention the teabaggers. Most of them probably won't be able to show you where D.C. is on the map, not to mention a foreign country.

[dipsydoodle]

1. No comparison.

Argentina completely defaulted on its debt : current mention in the case of the US is suspension of interest payments only.

[question everything]

2. True, my point was to show the geographic ignorance (among others)

of most RWers.

Still, the Argentinian default did not have major impacts as ours will on major world markets and economies.

They - on MSNBC before they switched to nasty Cruz yelling in my face - added that when the Treasury let Lehman brothers to fall, in 2008, no one could predict the future cascades.

[BillyRibs]

3. As sharp

as a bag of bowling balls!