I tend to think excellent writing reflects an author who has really spent time thinking about an issue and gotten to the crux of the matter, and you have done that in spades. Thank you. And, fwiw, this made me laugh and makes a good point at the same time: "In the same vein, and as far as I know, Argentina isn’t planning on visiting the United States. It would be a tectonic and logistical nightmare."
We should also consider the political situation in Argentina: 1- there are presidential elections before the end of the year; 2- the current government has no willingness to pay and intends to postpone the problem so that it falls on the next government; 3- but the opposition (potential winner of the elections) is a little more market friendly
I tend to think excellent writing reflects an author who has really spent time thinking about an issue and gotten to the crux of the matter, and you have done that in spades. Thank you. And, fwiw, this made me laugh and makes a good point at the same time: "In the same vein, and as far as I know, Argentina isn’t planning on visiting the United States. It would be a tectonic and logistical nightmare."
What if Argentina doesn’t pay? We take their ships.
Thanks for the update! And the 💰!
Great article!
We should also consider the political situation in Argentina: 1- there are presidential elections before the end of the year; 2- the current government has no willingness to pay and intends to postpone the problem so that it falls on the next government; 3- but the opposition (potential winner of the elections) is a little more market friendly
You make a great point. Even if this ends up settling, I don’t expect a settlement before October