Argentine stocks and bonds have jumped

Started by mkd, November 22, 2023, 02:54 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

mkd

https://pjmedia.com/benshapiro/2023/11/22/why-the-media-despise-javier-milei-n4924130
QuoteThat's because Argentina is a living example of what happens when corporatism and social democracy are taken to their limits: the substitution of governments for markets, the overregulation of industry in pursuit of social redistributionism, the attempts to create autarky via tariff protections and trade restrictions -- the endless populist promise that if all power is given to the government to protect "the people," all will be well. That promise always results in privation and misallocation, in tyranny and poverty.

Milei's victory represents that realization.

 So Leftists hate Milei.

communism works so long as you don't run out of other peoples money. Looks like that has happened thrice in recent times.
fuck the commies.
Like Like x 1 View List


mkd

Like Like x 1 Funny Funny x 1 View List

Dan_AKA_ROY23

Interesting..

Found ARGT ETF (Global X MSCI Argentina) Up around 3% today. Rallying strong lately. Liquidity a tad low (lowish volume, not too bad - volume already 3X the average and it's still early)

Dan_AKA_ROY23

Over 30% gains in just one month.

At all-time highs, so markets were aware..