Good story.

It is more or less a given that Argentina (barring a miraculous quick deal with creditors), Ecuador and Zambia will join Lebanon in default.

Open question is who else ... https://www.ft.com/content/e3634816-66bd-4355-bc71-156016761dab">https://www.ft.com/content/e...

Ultimately the answer, for vulnerable large countries like Turkey, will depend both on the country& #39;s own choices and the IMF& #39;s lending decisions. (Turkey in my view still has a sustainable public sector balance sheet, so it should avoid default -- politics permitting)