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by namdnay 4828 days ago
This article describes things well, especially the last paragraph:

http://www.economist.com/node/21533453

1 comments

Hm, while the economist's article points out how messy the process became, it doesn't makes an evaluation of how the default actually affected the argentinian economy.

I think that Greece and Argentina will make a good examples for comparisons of different approaches, when both recover economically (if they do recover, that is).