Argentina Debt Default – again

Some exciting events about to happen in a couple hours with Argentina’s debt (at least for finance and intelligence geeks) which may actually filter to the general news.

If you’ve read Confessions of an Economic Hit Man you’ll know some of the history.   In the 1950’s, Kermit Roosevelt (grandson of Teddy) overthrew the democratically-elected government of Iran, putting the Shah in place with only very little bloodshed and no military intervention, just by spending millions of dollars for a coup.   Powers That Be realized that this was a very good way to change a government to be friendly to G7 business interests, without the threat of war with Russia.