Roberto Abraham Scaruffi: The Ghost of Argentina: What Happens when Countries Go Bankrupt?

Wednesday, 5 November 2008

The Ghost of Argentina: What Happens when Countries Go Bankrupt?

First it was mortgage lenders. Then large banks began to wobble. Now, entire countries, including Ukraine and Pakistan, are facing financial ruin. The International Monetary Fund is there to help, but its pockets are only so deep.