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Since the peso was tied to single family debt help uk the pound, it was progressively overvalued. As a fortuitous result, the country s inflation rates decreased, it left its period of stagnancy, and as a matter of fact had a boom during the earlier part of the 1990s. If closer focus had actually been paid to Argentina s balance sheet, the difficulties that ensued could have been stayed clear of.Because the two nations economic climates were so linked, Argentina had to restructure most of its financial debt

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