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Case study on Sovereign Debt (Argentina)

Case study on Sovereign Debt (Argentina)

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CityFarmer Offline
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31-07-2014, 10:28 AM (This post was last modified: 31-07-2014, 10:31 AM by CityFarmer.)
(31-07-2014, 10:09 AM)LionFlyer Wrote: I have a question; is it really because Argentina does not have the reported USD $1.5 billion to pay these holdouts or is it just political posturing against the imperialists Yankees?

Argentina borrowed from those hedge funds' managers, and defaulted. The managers are claiming their money now, and become vultures? Big Grin

It is not different from lending money to friends and families, once defaulted, you become the bad guy.
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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RE: Case study on Sovereign Debt (Argentina) - by CityFarmer - 31-07-2014, 10:28 AM

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