[arbuge]

No.

Elliott capital does not work this way. Google them.

They don't go long on anything. They buy debt from funds that did for pennies on the dollar when it doesn't look like that debt will be repaid. They then try to collect on it aggressively and turn a handsome profit in most cases.

It's been a very successful strategy for them - that's how their founder is now a billionaire.

[gadders]

The message being: Governments, pay your debts.

[wslh]

Argentina reestructured its debts and it was a successful early 2000s campaign. These funds make money buying debt for pennies. They are similar in some way to patent trolls.

Not read this message as a support to the Argentinian government. What Argentina did with its debt is a case study.

[icebraining]

Argentina reestructured its debts

Apparently, not all of it.

[cantankerous]

Maybe. I'm sure it's a calculated risk, but you might want to be careful who you cross when you deal with sovereign nations and seizing their assets. Private lenders don't have standing armies, after all.

[jonnii]

Unless you work for Elliott Management you know nothing about their investment strategy, other than it makes profit.

[arbuge]

Eh?