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Argentina in Deep Trouble as Inflation Hits 138%, Interest Rates 133% & Presidential Elections Loom - Joe Blogs [View all]
ARGENTINA is facing ECONOMIC MELTDOWN as Inflation hits 138%, Interest Rates are now at 133%, the country is in the middle of a 3 year DROUGHT, the PESO has been DEVALUED and the country is facing a PRESIDENTIAL ELECTION on 22nd October. The new leader in the polls is a controversial far right candidate who wants to SCRAP the Peso & the Central Bank and move Argentina to using the US DOLLAR. In this video I provide full details of the current situation and discuss the outlook for the next 3 to 6 months.
Chapters:
0:00 Intro
3:29 INFLATION
7:15 FOOD INFLATION
9:07 INTEREST RATES
11:26 PESO
15:57 DOLLARIZATION
18:18 OIL PRICE FREEZE
20:03 SUMMARY & CONCLUSION
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