Bloomberg/Sydney Macki and Aline Oyamada/8-12-2019
“In just hours, Argentina went from weathering-the-storm mode to full-on shipwreck as investors dumped government debt on fears of yet another potential default for the crisis-prone South American nation.”
USAGOLD note: Another debt/currency crisis for Argentina spawned by yet another political crisis. We have to wonder if the South American country could be a canary in the coal mine with respect to other emerging countries feeling the effects of stubborn U.S. dollar strength.
