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Argentina Is Now In Default, But There Is Life After Default

July 31, 2014 in Economics

By Ryan McMaken


The Wall Street Journal declares it a done deal.

Nicolás Cachanosky explains the road that got us here.

Forbes claims that “everyone lost” because of the default, but that’s debatable.

Chris Westley points out the advantages of an Argentinian default, while Peter Klein explains how default here in the USA may be a good thing as well.

For even more, see Joe Salerno’s “Myths and Lessons of the Argentine ‘Currency Crisis’” from February.

…read more


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