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The side costs of default January 11, 2013

Posted by proeconomia in Main, On the crisis, Opinion, Trade.
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Maybe you have already heard and read about the claims that various hedge funds have against Argentina, after its default, including the recent attempt to seize an Argentine Navy ship!!! Read more on this article from Bloomberg. Well, it may have been as well that Greece has not defaulted, who knows what they would be asking in terms of assets – I mean besides what its already gone; maybe the Acropolis?!

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