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by dist-epoch
1 hour ago
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They should do an Argentina. Every 10 years or so Argentina defaults on it's debt. The next day banks/hedge funds line up to loan it money again. The ways of finance are mysterious. > The country has defaulted on external sovereign debt nine times since independence: in 1827, 1890, 1951, 1956, 1982, 1989, 2001, 2014, and 2020. Three of those defaults occurred since the year 2001. https://maseconomics.com/argentinas-recurrent-defaults-a-cas... |
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