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With inflation running at 25%, government spending continuing to boom, and its central bank...

With inflation running at 25%, government spending continuing to boom, and its central bank chief stoking the money supply, Argentina seems on the cusp of another hyperinflation. For now, life is good. "The first effect of any inflationary process is euphoria," says an ex-cabinet official. ARGT -2.9% since inception.
Comments (1)
  • Guille
    , contributor
    Comments (8) | Send Message
     
    Inflation is not the problem, is a consecuence.
    Electoral Year, so you never know what`s happens, if the next
    goverment will brake all the good things make it for the former and over new rules, new lobbys, but the way that is for what big corporations come to the latinamerica countries to make business, they can break the rules at any time. If somebody ask you in 2001 How many years you believe the Argentina will need to recover? nobody said 6years and was.So, consider put a non-streesed-money amount in etf or bonds or direct argentina ADR companies.
    29 Mar 2011, 02:07 PM Reply Like
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