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Dollarization is Argentina's only way out from debt trap: Steve Hanke

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Dollarization is the only way out for Argentina from its deepening debt trap, top economist Steve Hanke says

US dollar and Argentina peso pictured.Argentina's only way out of its debt trap is by adopting the US dollar as its currency, Steve Hanke said.His comments come as the country struggles with a collapsing currency, triple-digit inflation and a mountain of debt.

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