Argentine Peso Dives After President Defeated

The peso weakened about 25% against the dollar in early trading amid investor concerns about the potential return to power of Argentina’s powerful Peronist movement under Alberto Fernandez and his vice presidential running mate, former president Cristina Kirchner.

as a simple citizen, I remind you that there’s a fact to be considered: in 2015 primaries, Macri —not yet president— lost, to win the presidential election two months later.

Think that's bad, just imagine if one of the lefts current candidates became POTUS? Talk about a market crash.

Puerto Rico is Argentina in the waiting...

So in the next two years America can look forward to millions of Argentinians heading our way

Macri is a socialist president. Is not pro business.

Left swing boys. Remember that.

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Argentine Vote to Show Strength of Support for Market OverhaulsArgentines began voting in a primary election on Sunday that is expected to indicate whether pro-business President Mauricio Macri will be re-elected in October to accelerate market overhauls or will see his plans unraveled by his leftist rivals. we hope all will end up well...keep voting and vote wisely In my opinion the populist government that was in power before MACRI, was corrupt equal to neighboring countries like Brazil. What's Paul Reiser doing in Argentina?
Source: WSJ - 🏆 98. / 63 Read more »