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.
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