Argentina Crisis – An Episode That Began Many Years Ago

The crisis in Argentina is recently one of the most discussed topics right now in the media and journals. The country faces a mess for about 30 years long. The causes of this lengthy crisis are the devaluation of the Argentine peso, high inflation, and a request for help to the FMI. The government recently requested a moratorium to FMI and banks. The moratorium is when a country delays or suspend a payment related to external debt. Q2 hedge fund letters, conference, scoops etc The nation does not have the capital to pay back its debt and fundamentally declares that…