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Could you expand on why do you think it was a disaster? Argentina was pretty screwed up, I'm not sure it got any worse than it already was.
by alberich 14y ago
Could you expand on why do you think it was a disaster? Argentina was pretty screwed up, I'm not sure it got any worse than it already was.
- namdnay 14y agoThis article describes things well, especially the last paragraph: http://www.economist.com/node/21533453 http://www.economist.com/node/21533453
- alberich 14y agoHm, while the economist's article points out how messy the process became, it doesn't makes an evaluation of how the default actually affected the argentinian economy. I think that Greece and Argentina will make a good examples for comparisons of different approaches, when both recover economically (if they do recover, that is).