Quote: (08-07-2012 01:21 AM)ElJefe Wrote:
So down the road, Argentina is gonna get CHEAP, CHEAP, CHEAP! What's the timeline? 1 year, 2 years?
How terrible is the government capable of becoming. The less a problem they have institutine socialist dictatorship, the longer they'll hold onto power, the worse the problem will get. Sometimes the leaders get deposed before it goes that far.
Argentina has done this in a cycle within 2 or 3 years it will be cheap again. Argentina even has a museo de la deuda externa. It is just a way to rub it in that they aren't going to pay what they owe. By the time her term is done Argentina will be a buy and when the next president's term is up argentina will be a sell. But it could be a good few years for an adventurous person