Argentina Needs Goodwill From Bondlords, Or Else

Argentina Needs Goodwill From Bondlords, Or Else

Or Sign In To Continue Using An Ad Blocker. "Argentina has a very narrow path to economic recovery, and that path includes a restructuring deal.. The country is on lockdown and Argentina, like elsewhere, has been bracing for the worst from the Covid-19 disease.. Paying investors may look bad to the electorate, but it's necessary for the long term success of Argentina.. A deal tomorrow would be great for currency and bond speculators.. Bond holder goodwill, coupled with IMF support to extending out its payments, with about half of it due next year, would give Argentina a very narrow path to recovery.. I've spent 20 years as a reporter for the best in the business, including as a Brazil-based staffer for WSJ.. Since 2011, I focus on business and investing in the big emerging markets exclusively for Forbes..