A people that rejects and mutilates the helping hand

Greylock Capital Management's Hans Humes recommends buying very cheap Argentine sovereign bonds. Argentina has temporary political problems, he says, but it is solvent and probably it will not consider a haircut in the future.

HH says invest in Argentina, but the general reaction is that he is a "vulture" trying to make sinful profits from the country's crisis. With such hostile population and xenophobic elite, I would think twice in putting a cent in that country. When asked what's wrong with Argentina, HH answered: "It is a beautiful country, peopled by Argentines."

Greylock, apparently, believes that it is loved by Third World peoples. From its website: Greylock Capital has a well-earned reputation for being a welcome perspective at the table...