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In Argentina, debt showdown barely registers

Argentina's Economy Minister Axel Kicillof speaks during a press conference on June 17, 2014 in Buenos AiresAfter the devastating debt crisis of 2001, Argentines have become rather sanguine about economic strife. “That doesn’t interest us,” said Rolando Perez, a 58-year-old newspaper merchant in Buenos Aires. “What’s important for Argentina right now is the money in our pockets, our children, security and the World Cup.” Sociologist Jorge Giacobbe explained that at the moment, the 40-million-strong population is turning a blind eye toward the latest twists and turns in the lengthy legal battle, with the end result still unknown.

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