Duper got that right. Argentina defaulting on 3 billion USD is a nonissue. I'm sure that the federal reserve bank spills that much money between the printing presses and Wall Street. Besides which, Argentina has been chronically broke and defaulting on its debts since the early part of the last century. It is hopeless I'm sure. Some countries seem doomed to be third world no matter how many resources they have. Maybe the Falklands can take them over and straighten them out.