Posts Tagged ‘Argentina’

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    Greece and Argentina

    Oct 25, 11 • 121 Views • Demand, Supply, and Markets, Developing Economies, Economic History, Financial Markets, Government, International Trade and Finance, Macroeconomic Measurement, Money and Monetary Policy, Thinking EconomicallyNo Comments

    Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of dollars, Argentina borrowed and grew and prospered…for awhile.  But when recession hit at the end...