> I think the issue is that the enforcement happens in the West, and not so much...

varjag on May 31, 2017 | parent | context | favorite | on: Goldman Buys $2.8B Worth of Venezuelan Bonds, and ...

> I think the issue is that the enforcement happens in the West, and not so much that it happens.

Well face it, it either happens in the West or is not happening at all. And it's not like some obscure footnote, the arbitrage conditions are fully disclosed beforehand.