- There are way too many discomforting similarities between what has been happening in Greece recently and Argentina’s 2001 path to economic and financial turmoil.
- Unless Greek and European officials reflect on key lessons from Argentina's experience back then, the parallels could also end up including a financial meltdown, a deep output collapse, and social and political turmoil.
- Greece need not – and should not - continue to follow Argentina’s example of eleven years ago.
