Saturday, June 25, 2011

An NYT Default Story Has Finance Industry Tunnel Vision

An NYT Default Story Has Finance Industry Tunnel Vision: "By Ryan Chittum The New York Times posted a truly awful story online yesterday headlined 'Argentina's Default Offers a Cautionary Tale for Greece.' It does, if the cautionary tale is: What are the heck are you waiting for? Are you going to kill your economy and your own citizens so global investors don't have to take a haircut when you could default..."

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