Argentina Default Risk Surges, Currency Collapses As Investors Finally Lose Faith

in #argentina6 years ago

Venezuela received a lot of the attention from arround the globe with the hyperinflation of the bolivar.

Not to be outdone, Argentina is facing a crisis too. Trying to emerge from a period debt defaults, currency controls, and recession, it is likely that the moves by the government are failing.

We now are seeing the currency collapse as risk of default is moving up significantly.

To read full article, click on image.

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How many expariments you'vedon for this.
I need more learn to you. Best of luck sir

Looks like another straw to add to Europe's back. Germany is the second largest direct investor after South Korea among the G20. Wondering how many of Europe's investments can go south before the Euro really starts to feel it.

Great post!
Thanks for tasting the eden!

Nice post...
Appreciate bro..

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