Thailand: World's First Bitcoin Ban

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Rising bond yields forced Argentina flip to other lenders for funding provider. Earlier I mentioned how the IMF stepped in. Argentina then broadened its request to the world Bank and also the U.S. Treasury. In the U.S., we have already mentioned support with the Fed. Despite all this support and QE action, bond yields in the U.S. are stored on the rise, Bitcoin Victory predictably.

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In the 90s, Argentina's debt continued to buildup. Their lender of last resort, the IMF, continued to lend and extend payment routines. Much IMF funding is caused by the U.S. Our lender of last resort, the Fed, has continued to give the government and for those intents and purposes, are extending payment schedules since debt is actually rolled above. Consider the Fed has been doing this to be to fill a void by reluctant private lenders at currently low interest percentage and to keep those same interest rates low - yet more distortion.

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