Hello! Welcome to the Bad Pac-Man edition of Slate Money, your guide to the business and finance news of the entire planet.

I'm Felix Simon of Axios.

We have an absolute stonker of an episode for you this week because for not the first time, we have the dynamic emerging market expert duo of Libukite and Mituglati, not to mention Anna Shemansky,

this is, we are well in the wheelhouse of all of these people. We are going to talk about

something we don't talk about enough really on Slate Money, which is how is this crisis

affecting the majority of the world?

Not just America, but basically the six billion people who live in developing countries

and who often live in countries which have massive debts in dollars that they're going to have

difficulty repaying. We are going to talk about that.

We are going to talk about Argentina. And we are going to talk about Pac-Man and you're just going

to have to listen to this third segment in order to understand why Pac-Man is relevant. Me too.

Introduce yourself. Who are you? I am a law professor at Duke University,

and I study obscure and old contracts, and particularly the contracts that are relevant to restructuring.

So I work in archives and in dungeons, and I don't see the light of day very much.

And definitely, unlike my co-author Lee Bukite, I do not talk to world leaders about how to

solve their problems on Caribbean beaches.

Lee, you're coming to us from Caribbean Beach?

What are you up to these days?

I'm coming to you from an old farmhouse, 80 miles north of New York.

I spend my time seemingly on the phone every day with some official sector players trying to figure out how we

will all deal with the difficulties that this pandemic has brought upon the international financial

system.

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