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Navigating the labyrinth of Argentina's bankrupt economy

Gregory Makoff's cautionary tale of the Argentine $100 billion debt default

In episode 1972, Andrew talks to Gregory Makoff, author of DEFAULT, about the cautionary tale of Argentina's $100 billion 2001 debt default.

Gregory Makoff has been writing about sovereign debt for the past decade and is the author of the forthcoming book Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring, scheduled to be published by Georgetown University Press in February 2024. For twenty-one years through mid-2014, Gregory worked as an investment banker and debt transaction specialist, advising companies, financial institutions, and countries, including Jamaica, Colombia, the Philippines, and Turkey, regarding their debt management operations. From January 2015, he has published papers as a Senior (non-resident) Fellow at the Centre for International Governance Innovation (CIGI), and, in 2015 and 2016, he worked at the U.S Treasury on the team that supported the enactment of the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), the law that has been facilitating the reform of Puerto Rico’s public sector and the restructuring of its debt. Gregory holds a Ph.D. in physics from the University of Chicago (1993) and a BSc in physics and political science from MIT (1986) and is a member of the CFA Institute.

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Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.

Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

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Nobody asks sharper or more impertinent questions than Andrew Keen. In KEEN ON, Andrew cross-examines the world’s smartest people on politics, economics, history, the environment, and tech. If you want to make sense of our complex world, check out the daily questions and the answers on KEEN ON.
Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best-known technology and politics broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running show How To Fix Democracy and the author of four critically acclaimed books about the future, including the international bestselling CULT OF THE AMATEUR.
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