4 ms·
I don't personally think Argentina should have access to credit. I was politically active while down there, never at the federal level but I think most of my ma
by pvarangot 5y ago
I don't personally think Argentina should have access to credit. I was politically active while down there, never at the federal level but I think most of my mates agreed that renegotiation of Argentina's debt under the premise that it was not legitimate was a good thing, and also that the federal government to stop relying on international credit was also a good thing.
What I'm saying is that the effect of not giving access to credit to a government that is already massively indebted internationally has a similar macro effect to economic sanctions. It's basically reducing the profit you can make from international trade.