Why Argentina Unapologetically Refuses to Pay Its Debt

Why Argentina Unapologetically Refuses to Pay Its Debt
AP Photo

Argentina’s fight with foreign banks and bondholders is more than just business. It’s part of the national psyche, enshrined in a special museum at the business school at the University of Buenos Aires. The Museum of Foreign Debt is nothing fancy. There are a few flimsy panels plastered with grainy photos, dates, text, and graphs.

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