At 7%, investors recoup their investment in just 12 years. The investors expected that Argentina would be solvent for at least 12 years, not 100. It seems they were over-optimist, only after one and half years and already we have issues. Anyway, Argentina still will be there in 2117 and even, possibly, paying its debts. I would not bet on it, but who knows?
Pic.: Unemployment. A 50 y.o. relative of mine has been unemployed for the last 9 months.
Pic.: Unemployment. A 50 y.o. relative of mine has been unemployed for the last 9 months.
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