Inflation running wild with US dollars in short supply.
The left-wing government blaming the right-wing opposition for driving the value of the peso lower.
1 posted on
04/26/2023 7:26:34 PM PDT by
Nextrush
To: Nextrush
Argentina will pay for Chinese imports in yuan instead of US dollars in order to preserve its dwindling foreign reserves, Someone should tell them Chinese Yuan are also considered foreign reserves. Its why they used the word "foreign."
2 posted on
04/26/2023 7:30:38 PM PDT by
PGR88
To: Nextrush
Swapping beef and wheat for cell phones and cheap steel sounds OK. The Argentines are saving their real money for plane parts and oil.
3 posted on
04/26/2023 7:38:06 PM PDT by
VanShuyten
("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
To: Nextrush
Argentina is an economic basket case. No monetary flim-flam is going to change that. It’s a cultural problem.
5 posted on
04/26/2023 10:03:40 PM PDT by
Antoninus
(Republicans are all honorable men.)
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