The 5t Argentina Defense;

TTTTT - Urgent Update! There has been a major correction in a major stock market in the Southern Hemisphere. The Experiment Credibility Rating Corps as a group have been predicting such a thing behind closed doors ever since they announced it. As long ago as Evita, both South America's Madonna and North America's Madonna bought Mickey Milkman's theory of the Perpetual Velocity of Money. He successfully argued somewhere, that although a perpetual motion machine might be impossible in Physics, Perpetual Velocity has been fact ever since the conception of the Big Bang Theory, and possibly before that. As such, the perpetual Velocity of Money was as inevitable as it was irresistible.

This led to an unprecedented loaning of credibility to Mickey Milkman. Like a fire started by exactly one match in a forest by a demolitions expert, this accident of fortune befell a less than noble soul. From person to person, the futures were traded on the purchase of the theory, all to the end that Muammar al-Gaddafi would get laid. Eventually, even institutions were paying tribute to the theory, and Milkman's stock took off like an IOU! The Law of Unintended consequences was invoked by the Pope of Afghanistan, and enforced in open court in front of everybody. The consequence: Milkman was treated like he was raised in a barn, and made to milk his own cows.

Meanwhile the Board of Trustees immediately set about to find the best way to capitalize on the situation. For legal reasons, they sent a newsletter to shareholders quarterly so said shareholders could CYA by selling if they didn't want responsibility for what the Indefinite Ptolemaic Organization (the official name of the board of trustees,) was doing, after they did it. Meanwhile, they idolized the Greek Goddess of Victory, and Just Did It!

They purchased still more credibility by Association, gave credence to such theories of their own as they chose, they borrowed the credibility of others for their own purposes (such as wrapping themselves in the Argentinian Flag,) and lent credibility to other scientists who didn't even understand the ritual of sacrifice upon the Mickey Milkman alter properly!

Instead of being incredulous, the public went to work morning, noon and night-shift night. Credibility normally associated with hard currencies like the Dollar and the Euro began to attach to the (ARS) Peso. The practical application of the theory by the Argentinian Government was to borrow large sums of currency, to maintain velocity through inflation, and when they did so, much of it was hard currency. How exactly this hard currency led to hard times is unclear - the mechanics of it are not yet well investigated.

Prosperity by debt spending led to a deficit of credibility in Banking circles from the start: Traditional Jewish usurers, Mafia Loan sharks and Oriental Businessmen of both Yin and Yang persuasion stopped making deposits in the traditional Department of Bonds of the Government of Argentina.

Repayment of the original and ongoing deposits of credibility in Milkman's account became SO controversial that the cash debt was never addressed, and the responsible parties were held harmless for the sense of it in the court of public opinion. The story was that IF the credibility budget was balanced in "Futures," the borrowing would stop and repayment would follow as inevitably as taxes.

Instead, Politicians in Argentina, having LEARNED from the Deficit spending Model of credibility, applied it creatively to Argentina's National Debt.

As such, Argentina has applied with the UN as a Perpetual Money Velocity Charity, and has asked the World to believe that they _will_ repay their debt. Entities large and small, some individual, some institutional have made such contributions to charity as they may, but Argentina's economy has had to be rebooted several times. As such, their historical Alexander Hamilton figurehead has closed his personal account and invested in religion.

The single silver lining to these clouds of evaporated tears is that crops of doubt genetically modified to international standards are being sown with seed from sources as yet undisclosed. If they meet their target audiences hunger for revenge, it will likely feed into the Wrath Economy of Canada, and start the World Going Round the other direction.

Thank You, Brenda Lee!