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Debt Default

Unemployed Argentines and workers line up outside the Banco de la Nacion in Buenos Aires trying to collect their money, December 21, 2001. Argentina would default on its sovereign debt days later.

Argentines, after going through it themselves, can’t understand why America would voluntarily default

Business, Economics and Jobs

Everybody agrees, the US doesn’t want to end up like Argentina. Eleven years ago, Argentina went through the biggest sovereign debt default in history, refusing to pay creditors some $100 billion and sending its economy spiraling into uncertainty.

Protester kneels before Greek flag at protest in Athens

Greece defaults on its IMF loan — here’s what its finance minister fears may come next

Business, Economics and Jobs
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Donate today to kickstart The World’s fundraising drive!

Donate today to help us raise $25,000 by June 30 and help sustain our international reporting. All donations will be matched 2:1!

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