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Warning: Argentine Default Imminent

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Warning: Argentine Default Imminent
The Central Bank of Argentina in Buenos Aires, Argentina, on Aug. 20, 2019. Ricardo Ceppi/Getty Images
Fergus Hodgson
Updated:
Commentary
Shortly after Alberto Fernández’s presidential inauguration in December, S&P Global downgraded Argentina’s sovereign debt to “selective default.” His new finance minister says the socialist government will continue debt payments during renegotiation, but credit-rating agencies and anyone following Argentina’s tumultuous economy know better.
Fergus Hodgson
Fergus Hodgson
Author
Fergus Hodgson is the director of “ Econ Americas”, a financial consultancy, and publisher of the “ Impunity Observer” , a geopolitical intelligence service. He is the author of “ Financial Sovereignty for Canadians: Untether Yourself from the Ottawa Leviathan (2024).”
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