Don't Cry to Me Argentina
Argentina Seeks Home Court Advantage
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  • PKCasimir

    On the contrary, default by Argentina would be more damaging now than in 2001. It would ensure that it would be unable to borrow money from any international institution, would subject itself to decades more of litigation, and would force it to borrow money at rates that would be labeled usurious in most Western nations. It would also ensure (if the Repsol theft didn’t) that no major oil firm would come within a thousand miles of one of its oil fields.

    • rheddles

      The damage is?

  • Andrew Allison

    Why, pray tell, would creditors agree the put their assets into a barber’s chair?

  • f1b0nacc1

    Argentinian politicians have certainly not done well by their country….but neither have the Argentinian population that empowers them. Something many Americans might want to keep in mind….

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