DislikedThank you for your reply!
Yes I heard about argentina that had the same, (on bigger scale) and they stopped paying the debt and interest. And it made them even better economically.
But in this case you are talking about private holders etc. What about governments, they loose the taxpayers money. Is this also taking the risk?Ignored
Don't forget that they are also going to take the juicy privatization, so lots of money to be made there too ...in simple words they will recover more than they are putting and they can do that because the size is small enough to take it as an "investment".....
sisse
Pending conversations? PM for a chat...I am mainly in OTM now