Die Argentinier lassen den Peso fallen und wetten darauf, dass die US-Rettung zum Scheitern verurteilt ist
https://www.batimes.com.ar/news/economy/argentines-dump-the-peso-betting-us-rescue-is-doomed-to-fail.phtml
Die Argentinier lassen den Peso fallen und wetten darauf, dass die US-Rettung zum Scheitern verurteilt ist
https://www.batimes.com.ar/news/economy/argentines-dump-the-peso-betting-us-rescue-is-doomed-to-fail.phtml
8 Kommentare
I would watch Turkish Lira too. It might be next…
It’s because it’s still way overvalued.
If Trump is involved, it’s guaranteed to fail.
That’s smart. It isn’t a bailout of the Argentinian people. It’s a bailout for the people who bet on the Argentinian government to completely fuck things up. They will get bailed out, things will stay calm for a year or so, and things will get worse again. Trump is fucking over both the Argentinian population and the US population
What a bad faith bs article.
In Argentina everyone buys dollars every time they can due to our historically high inflation, which has been slowing down significantly by the way.
So no, noone is ditching the peso. People are buying USD as always and that was obviously taken into account before the rescue.
“There’s not enough dollars in the country to face the capital flight that will take place,” he added.”
Curious… If a foreign country has a lot of USD currency reserves does that protect them from hyperinflation?
They don’t care about that. This is about certain folks at the top in the US making as much as they can from government money.
Back to the future – how did dollerization work out last time it was tried and abandoned.