Different Day, Same Stories, Only Different.
Yeah, so a couple of things on Monday.
First of all, the Argentine peso fell again, because that's what happens when there's an acute crisis of confidence. This thing is basically no-bid:
Tomorrow, they'll try to roll something like $30 billion in short-term debt which is obviously a dicey scenario in the current environment. Apparently, the central bank (which met with the country's banks over the weekend to chat about exactly what the hell is going on and talk about tomorrow's auction) o
Your taste in booze needs work. If you fall off of the wagon, do it with Ardbeg Uigeadail Single Malt Scotch!