Argentina and Foreign Direct Investment

foreign direct investment: Those creditors have been labeled as bankruptcy profiteers, greedy capitalists, even "extortionist" by Buenos Aires, according to Deutsche Welle. Rosner argues Argentina needs a lot of foreign direct investment To many observers it is clear who is to blame for Argentina current predicament. As the government teeters on the brink of its second default, all eyes are on the hedge funds that bought up Argentine debt and refused to take a loss when it was restructured. Some US investors, on the other hand, have a different take on the matter. They would argue that if debt is taken on, it is wise to pay it back. (news.financializer.com). As reported in the news.

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