Why Greece Isn't Argentina

Why Greece Isn't Argentina

But Greece can’t expect to benefit from the same external headwinds that helped Argentina emerge from its 2001 default. There is an odd chance that Greece could be rescued by bankrupt Russia, but it would be difficult. Most likely, barring a realistic agreement with its EU partners, a Greek decision to cut itself loose from the Eurozone would deepen its current crisis. There is no “soybeans and luck” recipe in sight for Greece.

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