Can Argentina Really Dollarize?
In the wake of Javier Milei’s landmark election in Argentina, focus has turned to his
In the wake of Javier Milei’s landmark election in Argentina, focus has turned to his
“Lower Rates & Loosen – Fed!”
“…fertile ground for political and policy missteps”?
“I prefer to be cautious and not regret it later”.
And the crisis worsens.
Then again, it’s going great for Austria.
Risk-off from start to finish.
“All the pollsters have failed”.
“It’s gonna be mental.”
“We ask those who have more capacity to contribute.”
Spoiler alert: It probably won’t work.
That wasn’t what the market wanted to hear.
“They had to do something”.
Take a second to skim this, as it’s pretty important, especially in light of recent events.
Do note that this is no trivial/esoteric/academic debate.
Anyone want to try and predict what comes next here?
ARGENTINA CENTRAL BANK RAISES KEY 7-DAY REPO RATE TO 40.00%
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