Seth Ackerman wrote:
> > Argentine President Quits After Deadly Riots
> > By Stephen Brown
>
> We're reading sentences like "the president fled the presidential palace in
> a helicopter" in connection with a country that is more integrated into
> global capital markets than any other emerging market. This is significant,
> no?
>
> What follows is a conspiracy theory that I don't necessarily believe. How
> farfetched is it? The Bush administration leaned on the IMF to cut off
> Argentina in the hope that this would lead to De la Rua's fall from power.
> Then they made a secret deal with the Peronists that upon taking power they
> would dollarize. In exchange, Washington would support them with bilateral
> aid. Hence the Peronists recent refusal to join in a coalition government.
> The payoff for Washington: Argentine dollarization nixes Mercosur and puts
> Argentia firmly behind the FTAA.
>
> Is this crazy?
>
> Seth