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2/22/16

Argentina to market a U$15Bn bond in order to pay the Vulture Funds

That's the news this evening. And the Macri government now estimates it will need U$20Bn to cover all the payments they're going to make to the US Funds. Ex-FinMin under CFK, Axel Kicillof has already called this "negotiation" the scam of the century. Now we're starting to be drop-fed some hard numbers, it's difficult to deny that he has a point.

Hilarity ensued.