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Thread: South American Markets

  1. #1

    South American Markets

    Seems noteworthy that no one is talking about how Argentina just had to hike rates to 40% and their markets are plunging. Argentina raises interest rates to 40% http://www.bbc.com/news/business-44001450



    Also Mexico is on the verge of electing a guy with similar views to Hugo Chavez. https://www.theguardian.com/world/20...rador-election

    The US market isn't even flinching in advance of Trump pulling out of the Iran Deal.



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  3. #2
    From 2011: These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.--- Bernie Sanders

    From December Argentina Accepts Faster Inflation in Bid to Boost Economy https://www.bloomberg.com/news/artic...boost-recovery


    From a few days ago:





    From Today:



    'World of Warcraft' Currency Is Now Worth 7 Times as Much as Venezuela's Cash http://fortune.com/2018/05/07/world-...ela-inflation/

  4. #3
    Quote Originally Posted by Krugminator2 View Post
    From 2011: These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.--- Bernie Sanders

    From December Argentina Accepts Faster Inflation in Bid to Boost Economy https://www.bloomberg.com/news/artic...boost-recovery


    From a few days ago:





    From Today:



    'World of Warcraft' Currency Is Now Worth 7 Times as Much as Venezuela's Cash http://fortune.com/2018/05/07/world-...ela-inflation/

    Someone could use some bitcoin atms..
    "He's talkin' to his gut like it's a person!!" -me
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  5. #4
    Dominoes.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

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    Our central bank is not privately owned.



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