What next for Argentina? Historic market crash ramps up fears of another default

The bank said massive government financial needs of around $30 billion next year, a weak fiscal situation and a lack of market credibility all imply a large probability of default in 2020.

That was roughly 15% more than Macri and his running mate Miguel Angel Pichetto, with analysts saying it proved voters were fed up with austere economic policy. Presidential candidate Alberto Fernandez talks to supporters at the "Frente de Todos" party headquarters during the Simultaneous and Mandatory Open Primaries on August 12, 2019, in Buenos Aires, Argentina.In Argentina, candidates need at least 45% of the vote to win outright in the first round of presidential elections or 40% with a 10% lead over their closest rival.

Can we just call them out? Greece, Italy, Spain, & Argentina .... where life’s emphasis is put on drinking wine all day and not working..... results in perpetual debt defaults, currency crashes, high unemployment ... and stunningly beautiful, relaxed people.

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European stocks seen mixed after global sell-off on recession fearsEuropean stocks are set for a mixed open Thursday as fragile calm returns to markets following a global sell-off as bond markets stoked fears of an impending recession.
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