Is Greece another Argentina?
As Greek politicians and European leaders work to find a solution to the Greek debt crisis, many would do well to remember some of the lessons that were learned in 2001 when Argentina defaulted on their debt. In an online article posted in the Project Syndicate, PIMCO CEO Mohamed A. El-Erian draws some important similarities to the two crisis and offers some perspective on what happens when a country actually defaults. To view the article, CLICK HERE.