ARGENTINA BLOWS ITSELF UP AGAIN
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Why is Argentina so fucked up, and why do i care about it?
Really, what important things do they export to Burgerville
IT JUST KEEPS TUMBLING DOWN
TUMBLING DOWN
TUMBLING DOOOOOWN
ARGENTINIAN PESO DOWN 30%
Oh, look, it came down to the levels of MAY 2019.
OMG, we're fucked! We were living in caves in may 2019!
i thought they were tied to the US dollar or something
What type of regulation thid they do this time to fuck up so hard?
IT ALL RETURNS TO NOTHING
>those graphs
top kek
I see them recovering a bit, but not by much. After a while, it'll probably settle at this level anyway.
Is it a good time to go on holiday there? I'll be in south America next month.
If Patagonia yes
WHITE PEOPLE ON SUICIDE WATCH
got a caravan to organise, Chaim?
All these retards think Alberto will be a disaster. I think it will be an improvement.
Macri fucked up so hard, it's impossible to make a worse government than him.
I'm not worried, I'd rather have Alberto in power, he will make a better job than Macri for sure.
Before you ask, I didn't vote for either of them.
I remember when this stuff started an Argentine started a thread urging everyone to panic. I read up on what was happening and while the economy was somewhat week (or Martes as they call it down there) and foreign investment was a little slow, the only real danger I saw was in Argentines panicking, emptying out their bank accounts, and trying to switch their money to dollars.
So what did Argentines do? Crashed their own economy.
White folks can't economy
Yes. Before it delves further into chaos.
CUT MY LIFE INTO PIECES
DUMP EET
>Italians can't into economy
FTFY
dump it
>Argentina in a week
Not a week, but maybe in a couple of years.
ARGENTINA ISSUED A SHIT TON OF USD AND EURO DENOMINATED DEBT LMFAO
ARGENTINA IS GOING TO GO BANKRUPT AGAIN
OH NO NO NO NO NO NO
As the world tumbles down we here in the land where they call it Brasil are having our rise, finally more liberty to us friend!
Is this the end for white people?
The fuck happened?
Activate plan andinia and take patagonia already. Far too beautiful a land to be part of this shithole.
Cristina Kirchner will win the elections.
I JUST KEEP LETTING ME DOWN
LETTING ME DOWN
LETTING ME DOWN
How do they keep doing it!?!?
i simply can't watch this video without bursting into uncontrollable laughter at the absolute state of these subhumans
b-but it's alberto's fault
He's not even in power and the economy has already crashed retard.
The only thing that kept the economy toghether was the trust the (((markets))) had on ((macri))
good time to invest in suicide stock
We'll see. I'll be on board as long as he keeps campora shits out of the cabinet
FOR DUST THOU ART, AND UNTO DUST SHALT THOU RETURN
Kek he will be out of government in less than a year and the crazy bitch will take power again.
I was in Argentina in 2013 when the market exchange rate was around 12 and people acted like it was the end of the world. Jesus Christ, now the *official* rate is 75?¿
How much will cost me an Argentinian waifu?
bout three fitty
>A Brief Overview of the Argentine Economy
>Argentina is one of the largest economies in South America, but with such great size comes great volatility. The main industry drivers of the Argentine economy are food processing/ agriculture and motor vehicles. Since independence in the 1860s, Argentina has defaulted eight times on government debt, with the most notable occasion in 2001 when the country was unable to repay $132B in dollar-denominated debt.
LET'S BORROW $2.75B USD BY ISSUING 100 YEAR USD BONDS PAYING 7.125% INTEREST
>2.75*1.07125^100
> 2,681,737,018,180 USD
$2.681 TRILLION TO BE PAID OUT ON $2.75B
what does south america even do all day? i mean wtf
watch anime and make memes
Don't come to Perú, we are full.
You'd have to be retarded not to buy today. It's 50% off. Sell before the election though
low effort
You can do better
BUY THE DIP. LET'S GET RICH, BOYS
make her brown and you'll have it exactly
Why cant Jow Forums just accept that the jews in control of the country and the world got where they are because they are smarter and more capable. It's survival of the fittest, the best wins, PERIOD! All your doing now is just disrupting things and making it harder on everybody else, like the palestinians are. Just accept your place in this world and dont fight against us or face the consequences. You've been warned Jow Forums, best to listen
I love how peruANOS pretend that even aids ridden africans would like to move there
I'm no financial analyst, but the image suggests the interest is twice per year, so it would be
>2,75*1,07125^200 = 2'615'168
No?
thank fucking god we have Bolsonaro
>low effort
It took me literally over 1000 hours in mspaint
sounds pretty comfy. also, you forgot bulldozing the rainforest.
>bulldozing the rainforest.
That's a given not worth mentioning.
Even theface of apocalypse,you remin asarrogsnt as ever
forests literally regrow you can harvest them
The same I say to you but you faggots keep coming.
Literally sit around, Mediterranean-Indio admixture has produced some of the laziest humans on the planet
well your money is just worth less so...........just print more
Sceencap'd and i'll wait for this to age well. Venezuela's history is repeating again how does a country votes LEFT when having venezuela on the region how the fuck can a country be this retarded.
don't laugh, it may fuck us up to a certain extent as well
it's a bit more complicated than that. we're losing biodiversity there and i'm not even a tree hugging hippie.
I actually think it may do us some good. If only to show the lefties what happens to a country that is fucked and elects communism. If venezuela wasn't convincing enough. You know, idiots like to be showed things repeatedly before they believe it.
I'm not the one pretending my country is some kind of migrant magnet
Peru is shit and has always been shit
Lad, I'd rather starve to death in this shithole than live the rest of my life with such disgusting and ugly people as peruvians
youtube.com
Oh no no no nono
you can come to chile only if you are female
well it's a bunch of mexicans, what do you expect?
what if they have feminine penises?
Anyone wants to sell me her sister (must be white)?
they just elected communists into power for free gibsmedats lmao dumbass beaners
Once we become communist, it’s all over. It already seems like it could be right on the horizon.
You guys had one chance to join the rest of the developed world and adopt neoliberal economic reforms. I pray that you get a Pinochet.
>A Brief Overview of the Argentine Economy
>Argentina is one of the largest economies in South America, but with such great size comes great volatility. The main industry drivers of the Argentine economy are food processing/ agriculture and motor vehicles. Since independence in the 1860s, Argentina has defaulted eight times on government debt, with the most notable occasion in 2001 when the country was unable to repay $132B in dollar-denominated debt.
>Since independence in the 1860s, Argentina has defaulted eight times on government debt
>Argentina has defaulted eight times on government debt
>eight times
lemons for your lemon parties
>mapuche
>buying anything
I don't understand, I read there is another election in october. So what exactly happened yesterday?
It's kind of a cycle, they do it every 20 years or so.
Election previews. But since it will be the same candidates and the difference in numbers is so great, no one expects it to change.
It's already fucking us. USD is 4 bolsos now and bovespa got down 2%
You know I just realized now, I know you're a "Spanish speaking country" but do y'all have a large Italian speaking base too?
>I'd rather starve to death
>Not "I would rather die fighting"
Coward
this will be a 2001 + alfonsin government
but it's the peronist doing it so it's fine, everybody will take it in the ass and will smile
It's a primary election, which the shitty left-wing populist candidate won in a landslide. If this landslide is at all reflected in the October election, he will win.
>dollar-denominated debt.
The only lesson is don't go into debt you have to pay back in a foreign currency, retards.
people here barely speaks a resemblance of Spanish
The fascist vs commie divide is smaller than anticipated in preliminary elections, so the commies have a far greater chance at winning than thought before. Everyone is dumping anything argentinian, stocks, bonds, peso, etc.
Kind of like when the Sunderland vote came in first and Brexit vs Remain was much closer than anticipated, pound crashed 20%+ instantly, futures crashed, etc.
This but unironically , we will have hyperinflation from the leliqs and unemployment from the entire economy as wages don't allow to buy shit.
Alfonsin could at least increase wages , here the tax system is so complicated that if you increase wages people would earn even less.
We are in for a 1989 + 2001 together at the same time.
Buy food and learn to use bitcoin because things are going to get very ugly.
I was serious
Who thought Argentina would be the one causing WW3 in the end?
All of the Americas received a large amount of Italians during their migration wave, although they typically arrived in the Caribbean areas.
I'm sure some managed to get down to Argentina by now.
hahahaha
Economy