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Old 09-26-2002, 05:30 PM   #18
Timber Loftis
40th Level Warrior
 

Join Date: July 11, 2002
Location: Chicago, IL
Posts: 11,916
qb][/QUOTE]Your english is fine...your logic...in my opinion [img]smile.gif[/img] is flawed. You say they have no choice...but they do have a choice...they can say No. you always have choices....they choose to say yes...the thing about choice is....people want to make them...but not accept the consequences of those choices. To quote: "The choices you make, dictate the life you lead, to thine ownself be true.". Anyway thanks for trying to help me understand the other side [img]smile.gif[/img] [/QB][/QUOTE]

I don't think it's that easy to say no. A country in trouble has no choice but to take an IMF loan. Chief among the reasons why is that first world businesses don't want to deal with them if they don't. And, first world money flow is a must. The reason why the first world companies stay out is that, as you may well be aware, when the economy tanks or a war (economic instability undoubtedly can beget war) breaks out, not only may any capital (equipment, buildings, and $$) in the country get stolen or vandalized, but the regime in control of the country may nationalize the capital (i.e. say "now it belongs to the country") or prevent it from being removed from the country. A loan relationship with the first world keeps their ties to the first world open and really helps prevent this from happening.
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