Reply to thread

Message: <blockquote data-quote="Asmodeus" data-source="post: 29478190" data-attributes="member: 583013"><p>The restructured loans need to be paid, so if we don't have enough money to pay our lenders, it's an unavoidable second bankruptcy. So that's why the government needs to implement a tax structure. and privatize all state-owned enterprises, reduce government spending, reduce unwanted state service sectors, etc. I think next year will be difficult, but it is an essential part of the recovery process. There is no gain without pain unless you have massive natural resources like Saudi Arabia's. Even though Venezuela had the largest oil reserves, their policies caused bankruptcies, so it is required that tough monetary policies and leadership have the balls to do so.</p></blockquote><p></p>

Top Bottom