The Argentine peso plunged Monday after a 52-year-old anti-establishment candidate who admires former President Donald Trump came first in primary elections that will help determine the country’s next president.
Enough clickbait on Argentina. The country’s economy has been on a steep decline for decades, with no signs of slowing down, thanks to deep seated corruption on all corners of the political spectrum.
This guy even remotely influencing the peso? Give me a break.
It’s less that he is causing it directly and more that many institutions are aware that far right leaders gaining power is rarely good for a nation so they pulling assets already
Even when looking at the value of argentina’s peso for the last year which has been decreasing non stop you can see that on monday after the elections it had the biggest sudden drop in value in the whole year?
Am against fascism in Argentina, but this guy has nothing to do with the peso decaying for as long as it’s been going down. That being said, the one country that did fascism but scary after Germany is Argentina
I think you mean the freedom and democracy that Kissinger helped bring to Argentina /s
Not even joking, the Argentina Junta received training in the US School of the Americas (still exists btw), and this was approved by Kissinger. He even praised the junta for “combatting terrorists”, which of course was a dog whistle for state terrorism towards leftists.
Enough clickbait on Argentina. The country’s economy has been on a steep decline for decades, with no signs of slowing down, thanks to deep seated corruption on all corners of the political spectrum.
This guy even remotely influencing the peso? Give me a break.
It’s less that he is causing it directly and more that many institutions are aware that far right leaders gaining power is rarely good for a nation so they pulling assets already
Even when looking at the value of argentina’s peso for the last year which has been decreasing non stop you can see that on monday after the elections it had the biggest sudden drop in value in the whole year?
It wasn’t this guy tho. He doesn’t control the official exchange rate.
It tumbled 20% in a day. That’s not normal.
It is if the minister for economy drops the value of the currency
Am against fascism in Argentina, but this guy has nothing to do with the peso decaying for as long as it’s been going down. That being said, the one country that did fascism but scary after Germany is Argentina
I think you mean the freedom and democracy that Kissinger helped bring to Argentina /s
Not even joking, the Argentina Junta received training in the US School of the Americas (still exists btw), and this was approved by Kissinger. He even praised the junta for “combatting terrorists”, which of course was a dog whistle for state terrorism towards leftists.