tough times for Argentina

Just been reading more about the Argentine economy on Bloomberg.com (I know, I know, vile) and it paints quite a depressing picture. Particularly if you're an Argentine creditor. There is talk of a second loan default, although I suspect that is more talk than reality. I'll need to try get a broader perspective on the situation. It's very clear the economy isn't too healthy (who's is?) and it's affecting confidence in the country. I'm sure (as in the past) the money lenders will pull out as much as they can as quickly as they can... it's what they do.

Comments