Undermoney (guest: Jay Newman)
The Market Huddle
The Debt Crisis in Buenos Aires
Argentina defaulted on its debt in the year two thousand. It took 13 years to settle one of the largest sovereign debt cases ever. Argentina has a very bad attitude, a cultural attitude, toward the debd. They do not understand that. Flat flat out. I mean, we could relate that to a sanctions on on russia. People in government don't understand a things like that at all.
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