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Is X Legal? Questions that postulate a scenario or behavior, then ask if that scenario or behavior is legal. Please read Meta before asking a question of this form!

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No. Argentina defaulted on their debts in the 1990's. No one would lend to them. So they decided to issues bonds based on US laws and rules. People bought them up. Then they defaulted again in the 200 …
answered Dec 20 '18 by Chloe