Showing posts with label Argentina. Show all posts
Showing posts with label Argentina. Show all posts

Wednesday, September 14

QOTD: Argentina's Central Banker - "Greece should default, and default big"

The above quote is from Mario Blejer, who managed Argentina's central bank following the world's biggest sovereign default.

Also from Blejer:"This debt is unpayable...a small default is worse than a big default and also worse than no default."

More here.