As it stands now, if Argentina doesn't pay a group of hedge fund managers over $1.3 billion by July 30, the country could go into default. For the Republic, that means money printing, inflation, and general disaster. For investors, like Michael Novogratz of Fortress Investments, that means buying, buying, buying. "If something doesn't happen and there's a default we're going to see a sell-off," said Novogratz at the CNBC/Institutional Investor Delivering Alpha conference on Wednesday, "but that's an opportunity for capital coming in." To Novogratz, Argentina follows his macro-investing theme of looking at countries ... (full story)