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07:18 PM
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Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Happy in Nature:MV81MjMzNjM3Xzk2Mzc1NjcwXzkxNjVCN0U=] [quote:Hahahelboy:MV81MjMzNjM3Xzk2Mzc1NjI5X0RCRDE3OUY=] [quote:Anonymous Coward 55994706:MV81MjMzNjM3Xzk2Mzc1MzgyXzY2NEJFNDc2] [quote:Anonymous Coward 24828515:MV81MjMzNjM3Xzk2Mzc1MDAxXzM1REQ4MTlE] What a basket case of a country. They could have been as prosperous as the US at its best. Unfortunately they doubled down on socialist stupidity and just won't let it go. The US is headed down the same road now. We will all get to experience trickle up poverty [/quote] Don't throw stones while in a glass house. America will be down just as much before you know it. [/quote] I wonder how many Americans would lose their homes to Blackrock when their interest rates get hiked to 75% You will own nothing. Don't think it's not coming. [/quote] For all those who think they cannot possibly repossess millions of homes, Blackroach and Vanguard will take legal possession and turn off the utilities so no one can squat in their homes. [/quote]
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link to finance.yahoo.com (secure)
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"The move comes a day after data showed consumer prices jumped nearly 79% a year in August, the fastest pace in 30 years. It was the bank’s ninth rate hike this year."
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