Kregel: “Do nothing about vulture funds; let the case sit there”
By Fermin Koop
Buenos Aires Herald, September 27, 2015. All Rights Reserved.
Jan Kregel, one of the world’s most eminent Post-Keynesian economists specialized in financial crises and structural problems of developing economies, has written several papers on Argentina’s economy after the 2001–2002 economic meltdown. The director of research at the Levy Economics Institute at Bard College in upstate New York, Kregel served as rapporteur of the president of the UN General Assembly’s Commission on Reform of the International Financial System.
In Buenos Aires for a conference, Kregel met with the Herald and discussed the country’s economy, highlighting that the currency is in desperate need of a devaluation. At the same time, he said the country shouldn’t take action regarding the “vulture” funds, which he linked to late special AMIA prosecutor Alberto Nisman….
Read more: http://www.buenosairesherald.com/article/199670/kregel-‘do-nothing-about-vulture-funds-let-the-case-sit-there’