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Tina Vandersteel on Emerging-Country Debt (Podcast)
Masters in Business
Investing in Emerging Debt Markets
Venezuela is an interesting case in so far as they did something that no other country has ever done. Venezuela ran out of money in 20 14, and continued to pull oil out of the ground and starve its population to pay foreign creditors for four more years. Could we have predicted that they would have done that? Of course not. I don't think anyone would have predicted any one would do something so insane.
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