[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 2.20 MB, 1920x1080, IMG_3969.png [View same] [iqdb] [saucenao] [google]
56715605 No.56715605 [Reply] [Original]

Should I go short or long on the Argentine Peso?

>> No.56715613

>>56715605
short anything argentina related

>> No.56715615

Everyone is selling the peso to buy BTC and USD.

>> No.56715625
File: 538 KB, 1000x1000, 1700089352222549.jpg [View same] [iqdb] [saucenao] [google]
56715625

>>56715605
Short argentina now, buy after dollarization in 550 days, specially energy stocks

>> No.56715658

>>56715625
this, except the buy part. Do not buy.

>> No.56715679
File: 115 KB, 402x398, 1644146789245.png [View same] [iqdb] [saucenao] [google]
56715679

Argentine anons, will anything important change?

>> No.56715718

>>56715679
not argentinian but probably not, politics has a tendency of being ossified. However if he were to implement the policies he has mentioned, expect a very sharp panic moment for a few months followed by a rapid recovery and eventual stabilization at higher lows trending higher (in terms of real productive economic growth)

>> No.56715833
File: 2.81 MB, 640x640, 1699386386976887.webm [View same] [iqdb] [saucenao] [google]
56715833

>>56715679
>Fully dollarize Argentinian economy
>Close the Argentine central bank
>Open commerce with the world
>Allow gun ownership
>Reduce taxes
>Remove parasitic state employees
>Close down useless government offices, especially any leftist or feminist related ones
>Close down or privatize useless state companies like Aerolineas Argentinas and any state owned media (tv, radio, etc)
>Zero tolerance for crime
>Remove leftist discourse from everywhere
>Implement voucher system on public education
>Implement private initiative on public works

>> No.56715887

>>56715833
or it just like trump and he does nothing he said he would. clearly a zog plant

>> No.56715888

>>56715605
Battle isn't over. The unelected bureaucrats, press and managerial class will do everything to sabotage Millie. Exactly what happened to Trump. He needs the people to rise up now and put them in their place.

>> No.56715899
File: 125 KB, 640x371, 62fed6e76e02c2478148a168.png [View same] [iqdb] [saucenao] [google]
56715899

>>56715887
The dollarization will involve taking more debt and the country was already insolvent 6 years ago and the debt grew exponentially if we take the true GDP vs debt.

The banking system no longer have clients in the private sector, the JxC and the Peronist forced the banks stop lending money to the private sector and instead they would get free money from the goverment just by accumulating local currency in the central bank, If that ponzi scheme with the peso stops then there will be bank collapses because the only client of the banks today is the state. There will be TOTAL BANKER DEATH if Milei wins.

>> No.56715903

>>56715888
Millei needs me? Just hold on Argie bros, im coming to help just as soon as i get a new passport.

>> No.56715907

>>56715605
>Argentina is the economy of tomorrow
And it always will be.

Hahahahahahahahahaha