Argentina' Default Isn't About Money Anymore

Somewhere in all the talk about vulture capitalists and corrupt governments, of sovereign nations and free markets, the true meaning of this battle between Argentina and a group of hedge fund creditors was completely lost. It stopped being about the money. Maybe, to some, it never was. Follow us here for a minute: Argentina has the over $1.3 billion necessary to pay the NML Capital — the group of hedge funds led by Paul Singer that have been suing The Republic for almost a decade.

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