Desmond Lachman

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

October 10, 2013Business, 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.

A Troubled Global Economy

August 15, 2013Business, Economics and Jobs

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