We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
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Extortion in Argentina: Odious Debt Is Pillaging the Nation into Bankruptcy
The lesson is this: if creditors know that a few holdout vultures can trigger a default, they're unlikely to settle with other insolvent nations in the future.