An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, November 27, 2015
Economy Watch — New Argentinian President Plans to Make Sweeping Changes
"Argentina only has $26 billion in foreign reserves, which would not be enough for people to trade in pesos for dollars. Officials need more dollars to, not only keep up with demand but also, to sustain the overall economy."
More second rate nation USD zombies. .... nation of the living dead.....
Neoliberalism coming.
ReplyDeleteYep.
ReplyDelete"Argentina only has $26 billion in foreign reserves, which would not be enough for people to trade in pesos for dollars. Officials need more dollars to, not only keep up with demand but also, to sustain the overall economy."
ReplyDeleteMore second rate nation USD zombies. .... nation of the living dead.....