Gloomy IMF projections for Argentina this year

Saturday, October 14th 2023 - 10:10 UTC

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The International Monetary Fund (IMF) foresees a 2.5% drop in Argentina's GDP and warned that the program between the South American country and the credit agency was in a “critical” state, barely over one week ahead of the presidential elections. Read full article

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Chicureo
With sincere respect, Argentina has lost their ability to manage their economy.

Dollarization is today the best solution!

From the current news: The U.S. dollar has outperformed all the 11 BRICS currencies in the last 3 months in the forex markets. BRICS is looking to dethrone the U.S. dollar as the world’s reserve currency by putting their local currencies forward for trade. Despite initiating multiple efforts to take on the U.S. dollar, BRICS currencies are ending at a low against the USD. The U.S. dollar not only outperformed BRICS currencies, but also surpassed gold, oil, and other commodities in the international markets”

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Personally I'm staying with Madame while she recovers from her remarkable treatment in the USA.

¡Saludos de La Dehesa!
Oct 15th, 2023 - 03:15 pm - Link - Report abuse +1
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