I’m catching up on the news after a week of complete escapism. CNBC has an interesting Argentina economic history lesson in a short video and concise appraisal of the likely outcome of the talks that end today.
https://www.cnbc.com/2020/02/1…e-imf-talks-near-end.html
When asked to what extent bondholders, creditors and international investors should be worried about the prospect of Argentina registering another default, [regional director for Latin America at the Economist Intelligence Unit (EIU)] Fiona Mackie replied: “It is about as high risk as it can get without it being our forecast.”