11. On top of food riots last month, a rotation of five presidents and a debt default, Argentines are finding the daily lines outside embassies especially traumatic. 12. So far this year, there have been six Argentine debt defaults, compared with two in Brazil. 13. Spot gold prices and shares of gold mining companies are rising amid perceptions a potential U.S. debt default will increase the value of hard assets such as precious metals. 14. The Asian crisis began last July with the collapse of currencies, massive debt default, bank system collapse, and the halting of growth. 15. The currency declines and slashed ratings have raised the specter of debt defaults across the region. 16. The specter of a debt default still looms. 17. There is plenty that Batlle could do to avoid following Argentina into debt default. 18. Unusually in the developing world, the Palestinians have no legacy of binge borrowing or debt defaults. 19. Will the economy benefit when families overloaded with debt default on their mortgages? 20. With the economy stalled and little new financing available to Argentine companies, corporate debt defaults are rising. |