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Montevideo, October 3rd 2022 - 14:06 UTC



The “Amazon fires of uncertainty” in Argentina: can they get worse?

Saturday, August 31st 2019 - 17:54 UTC
Full article 13 comments

Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension funds. Risk spreads blew out to levels not seen since 2005 while the local peso currency extended its year-to-date slide to 36%, forcing renewed central bank market intervention and intensifying worries about Argentina’s ability to honor its dollar-denominated debt. Read full article


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  • golfcronie

    Levels not seen since 2005, now let us remind ourselves who was President then? Yes correct dear old Cristina.Nuff said eh ? EM

    Sep 01st, 2019 - 08:39 am - Link - Report abuse +1
  • Think


    I don't believe for a second that Anglo turnips like the above can read Spanish..., or understand graphs...

    But maybe there is out there a disoriented Anglo that could use some correct info..., so...:

    Firstly..., in 2005..., the president of Argentina was NOT Mme. Cristina Fernandez de Kirchner...

    Secondly..., in 2003..., her husband..., Sr. Nestor Kirchner..., overtook a spread of 7.222...

    Thirdly..., in 2006..., he had reduced it to 503..., as any human being can read on the graph linked below...

    Good luck with ya BREXIT..., Anglos...
    You'll need it...

    Sep 01st, 2019 - 09:25 am - Link - Report abuse -4
  • Tarquin Fin

    Credit rating is just one variable. You must bring a few other things into the picture to really appreciate what's going on, i.e.: commodity prices, debt service, deficit, etc

    Sep 01st, 2019 - 05:28 pm - Link - Report abuse +2
  • Think


    Sep 01st, 2019 - 08:54 pm - Link - Report abuse -4
  • Tarquin Fin

    Lo and behold!

    We feel the thrill of yet another thoroughly researched analysis. In awe I then submit my rotten pretense to thee.

    Thy holy nick says it all.

    Sep 01st, 2019 - 09:13 pm - Link - Report abuse +2
  • Think

    Más sarasa.......

    Sep 01st, 2019 - 09:56 pm - Link - Report abuse -4
  • Enrique Massot

    “Investors in Argentina fear a return of the left to power...”

    Come on. Stop waving the “left” boogieman. There is no such thing as “investors” in Argentina nowadays. Only speculators making a kill thanks to sky-high interest rates and Macri's dismantling of capital flow regulations that allow for unlimited capital flight.


    Good unmasking of ill-informed golfcronie, who has once more equated his bile with his ignorance.

    Sep 02nd, 2019 - 06:58 am - Link - Report abuse -1
  • Think


    Sep 02nd, 2019 - 07:14 am - Link - Report abuse -2
  • golfcronie

    Think. Who gives a shit whether it was Nestor or Cristina, it was probably her influence anyway.

    Sep 02nd, 2019 - 12:06 pm - Link - Report abuse -1
  • Enrique Massot


    You've been debunked. Your posts are just bile, hateful and without any substance. I suggest you go get some education first, and then come back and offer some real arguments.

    Sep 02nd, 2019 - 04:00 pm - Link - Report abuse -1
  • :o))

    @Think / @golfcronie / @Enrique Massot

    If anyone can increase the standard of living [quality of lives]; it's perfectly OK even if that “anyone” happens to be a monkey! If not, that “anyone” deserves to be crucified - unless if you have better ideas than the crucifixion!

    Sep 03rd, 2019 - 02:02 pm - Link - Report abuse 0
  • imoyaro

    The only sarasas in here are the “Torturer's Tango Duo” swishing around the room cheek to cheek to cheesy bandoneón music...

    Sep 06th, 2019 - 09:13 pm - Link - Report abuse 0
  • Enrique Massot


    You are, like one of those fossils of bygone eras, stuck in a Cold War distorted glass through which you see the world.

    Too lazy to try and understand the new world realities, you don't care what the heck is going on -- you just keep repeating the same old, tired anti-left cliches in hopes of making some sense.

    Oh, and there is no such thing as “cheesy” bandoneón music. Perhaps accordeon, which is easier to play.

    Sep 08th, 2019 - 12:07 am - Link - Report abuse 0

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