Atlas Network president Alex Chafuen’s recent article on Forbes discusses Argentina’s default. Chafuen says, “Until the advent of Peronism, Argentina was one of the shining stars in the firmament of freedom loving nations. Now it is a star of defaults. Argentina was not perfect, but it had climbed into the top 10 of richest nations. Europeans flocked to this promising South American country. Not so much anymore. What a change: Infatuated with state dominated nationalism and populism, Argentina has fallen in the world rankings during most of the last 75 years.” Continue to full article here.
ARGENTINA'S DEFAULT: PLAYING POLITICS WITH U.S. COURTS AND WALL STREET
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