So, should I buy a ridiculously big computer I don't need or three very cool bicycles I don't need either?
The other option is buying fucking foreign currency.
So, should I buy a ridiculously big computer I don't need or three very cool bicycles I don't need either?
The other option is buying fucking foreign currency.
I don't think they have a reason to default on peso-denominated debt. It generally doesn't make sense to do it, but Cavallo and Dujovne both did this anyway to keep the money funnel to the US working for just a little bit longer so their friends could also get out.
The funnel is already out of order, defaulting on pesos could only make it worse; I'm not convinced what would be the point.