3 ms·
Isn't the Argentinean case lauded as an example of successful default?
by tormeh 11y ago
Isn't the Argentinean case lauded as an example of successful default?
- wsc981 11y agoI would argue it'll be prove more succesful eventually as well. It's better to start over from a clean slate (even if potential investors might become scared to invest in a defaulted country) compared to becoming perpetual financial slaves, which I think will be the future of Greece if they choose to stay in the Eurozone.
- ExpiredLink 11y agoquite the contrary: http://dealbook.nytimes.com/2014/07/30/in-hedge-fund-argentina-finds-relentless-foe/ http://dealbook.nytimes.com/2014/07/30/in-hedge-fund-argenti...