The Argentinians are so sensible. After destroying their economy yet again with a massive debt bomb (hey, we've only done it once here, Argentina does it every 10 years) they have decided to bail out the top soccer league. Perhaps MLS could learn a few things from this: their long term strategy should be to run up so much debt and make themselves so influential that the government has to bail them out when it comes time to pay the piper. Wait, that would make them a bank...
Wednesday, August 19, 2009
Argentina: Bail out Soccer Leagues, Not Banks
The Argentinians are so sensible. After destroying their economy yet again with a massive debt bomb (hey, we've only done it once here, Argentina does it every 10 years) they have decided to bail out the top soccer league. Perhaps MLS could learn a few things from this: their long term strategy should be to run up so much debt and make themselves so influential that the government has to bail them out when it comes time to pay the piper. Wait, that would make them a bank...
