Averting Disaster in Argentina: The Case for Economic Freedom

The Kirchner government has pursued irresponsible economic policiessince Argentina's 2001-2005 sovereign debt default and restructuring, as illustrated in Argentina's steadily decliningscores in the 2008 Index of Economic Freedom. Congress should holdhearings on the threat to both the U.S. economy and the worldfinancial system if more sovereign debtors were to followArgentina's example and repudiate their debts.

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