Is Argentina right or wrong over debt?

Argentina's President Cristina Fernandez de Kirchner is grappling with the possibility of another default on its international debt, after a US court ruling that means the country will have to pay 'vulture funds' what they are owed - something she's referred to as 'extortion'. But is Argentina in the right? LIsten to this lively discussion between Alexis Goldstein from the 98% movement and David Kuo from the Motley Fool, aired on Business Matters.