Argentina Is About To Default
 

http://www.bbc.com/news/business-28558121

So if it does, the Argentine Peso should fall a lot and things, apartments, food, holidays, travel, hotels, pussy, etc all should be cheaper there.

Is Argentina a fun place to hang out?
Is it worth planning a holiday there?

They value their real estate in dollars.

It's crazy such a big country is facing yet another fukn default. Unbelievable.

Really? Oh well....... what about food, holidays, travel, hotels & pussy?

Are you fucking stupid? Everything is tied to US dollar.

They will just raise the prices.

Here we go again ...

It's not a default...

http://www.bbc.co.uk/news/business-28541071

Lol.....

Only loosely....... and not enough to avoid having some inefficiencies and arbitrage opportunity.

Well there's a huge buzz among mainstream investors/analysts about buying into Argentine assets around a default. You could get a sell off across the region and lots of opportunity there.

http://www.bloomberg.com/video/argen...6hvSYp4iQ.html

so.. after this all goes down, will they sell bonds again?

Loved that country when I visited in early 90's

"vulture capital" is about right...

Wouldn't be the first time if I remember correctly.

Defaulted.

Time to see what is good to pick up there.
Maybe time for a nice cheap condo in Argentina.

not cheap , read answer #2

and get ready to get robbed

'But this time around the default was different, prompted much less by irresponsible economic policy in Buenos Aires than by irresponsible legal policy in Manhattan. An American hedge fund got greedy, advanced a legal theory that was rejected by the US government and most major banks, won its lawsuit anyway, and in the end didn't get paid but did force Argentina into default.'

http://www.vox.com/2014/7/31/5954705...lt-paul-singer

interesting

Investors are blaming Argentina mostly for today's huge selloff. -317 DOW..

oh yea, and their president called us 'Vultures'..

http://finance.yahoo.com/news/argent...151326549.html

Of course..... the Merval is tanking.

MERVAL?!?

:1orglaugh :helpme ...

Argentina Defaulted, Ukraine is next

cultural marxism & a populist government can do WONDERS....

Laclau is Dead...

thats right, thats why ideology is so important in societies,
marxism divides and polarize the society and then,
the populist once in power, do the rest.... well, those in power
get inmensely rich in the process...