seized argentine ship remains in ghana

seized argentine ship remains in ghana

Why A Hedge Fund Seized An Argentine Navy Ship In Ghana : Planet Money : NPR.

Here is a good example of a non-bankruptcy debt relief solution.  Ultimately, the article shows a pretty picture of a beautiful ship, but ship is symbolic of the assets that can be seized worldwide when a country defaults on its debts.

Do you know of another country that has alot of debt – how about the United States. It’s unlikely someone would try to seize one of our aircraft carriers, but I think articles like this are good reminders that we can’t borrow forever.