Argentina

What happens when a country fails?

What happens when a country fails? – Lesson to learn from Argentina: pay all your debts in time.

Argentina decided that it will not pay anything to creditors. But it is not so easy to step aside. A group of hedge funds took the entire country to court. What are the results? Check out the entire story:

http://www.npr.org/sections/money/2016/03/11/470136949/episode-689-a-hedge-fund-a-country-and-a-big-sailboat

http://www.zf.ro/burse-fonduri-mutuale/vulturul-american-din-spatele-fondului-proprietatea-a-dat-o-noua-lovitura-dupa-15-ani-a-invins-statul-argentinian-si-i-a-luat-2-4-miliarde-de-dolari-15097676

Advertisements