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Argentina currency crisis is no joke

Posted on 18 March 2014

Back in January, the Argentinean peso was plunging after its latest devaluation by the government. I was assigned to write a story about it. The end result — besides 550 words on why Argentina was spooking foreign exchange investors — was the inspiration for my spring break vacation: a week-long trip with my girlfriend to Buenos Aires and Uruguay. After all, it’s been a brutal winter here in New York.
I suppose I was channeling the 18th century nobleman Baron Rothschild, who during the Battle of Waterloo famously said “the time to buy is when there’s blood in the streets.”……………………………………….Full Article: Source


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VRS - who has written 39456 posts on Opalesque Commodities Briefing.


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