Friday, June 24, 2011

As Greece Ponders Default, Lessons From Argentina - By Charles Newbery and Alexei Barrionuevo (The New York Times)

A decade ago, as Argentina slid toward financial collapse, banks barricaded themselves behind sheet metal to keep out protesters demanding access to their life savings. Today, as Greece edges toward a possible default, the Argentine lessons could be instructive ... read more

Read also: Don't Cry for Argentina - By Paul Krugman (NYTimes)

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