Daniel Ozarow

Out of the hard­ship of Ar­genti­na’s im­posed de­fault comes the pos­si­bil­i­ty to end debt de­pen­dence once

“Vul­ture funds” seek­ing pay­ment from Ar­genti­na have won a ma­jor court vic­to­ry, set­ting a dan­ger­ous prece­dent.

The lat­est ref­er­en­dum shows that pos­tur­ing alone won’t end the dis­pute be­tween Ar­genti­na and the British.