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Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET

 
Spanish_guy
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08/12/2019 10:46 AM
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Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
[link to es.investing.com (secure)]

[link to www.lanacion.com.ar (secure)]



Piotr Janiszewski
@ATAFIN
Argentina Peso - New Circle of F/X Hell...

USD/ARS 58.5000 +29.29%

All Time High 62.00

that's why

even Dante didn' t create Hell like Argentinian Inferno...


The country is on the verge of default again. The right-wing president didn't succeed in reversing the collapse of the economy and people have voted again for the extreme left. As a result, the Peso is plunging 30% against US dollar, and panic is spreading in Argentina.

The situation could evolve into civil unrest and bank runs.

Remember Parravicini (the guy who prophesied the 9/11 attacks) said that Argentina was going to suffer an economic storm - and this economic and social storm will set an example of what will be expected next in the rest of the world afterwards.
Spanish_guy
Spanish_guy  (OP)

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08/12/2019 10:46 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
Mexican currency is also dropping as we speak, contagion effect?
Spanish_guy
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08/12/2019 10:51 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
bump

This is big.
Anonymous Coward
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08/12/2019 10:52 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
Argentina Stocks also crashing


BBVA Banco Frances S.A. ADR 5.00 -7.05 -58.51% 2,181,967 10.91M
SUPV Grupo Supervielle S.A. ADR 3.28 -4.38 -57.18% 5,348,091 17.54M
EDN Empresa Distribuidora y Comercializadora Norte S.A. Cl B ADR 8.02 -10.68 -57.11% 163,905 1.31M
LOMA Loma Negra Compania Industrial Argentina S.A. ADR 5.62 -7.26 -56.37% 2,431,441 13.66M
CEPU Central Puerto S.A. ADR 3.915 -5.045 -56.31% 1,181,244 4.62M
PAM Pampa Energia S.A. ADR 16.59 -18.53 -52.76% 1,968,323 32.65M
BMA Banco Macro S.A. ADR 37.59 -38.89 -50.85% 2,705,708 101.71M
TGS Transportadora de Gas del Sur S.A. ADR 8.65 -7.13 -45.18% 1,008,026 8.72M
IRS IRSA-Inversiones y Representaciones S.A. GDR 6.01 -4.15 -40.85% 161,147 968,493
TEO Telecom Argentina S.A. ADR 10.3099 -5.3901 -34.33% 466,804 4.81M
VIST Vista Oil & Gas S.A.B. de C.V. ADR 5.87 -2.83 -32.53% 92,914 545,405
CAAP Corporacion America Airports S.A.
Spanish_guy  (OP)

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08/12/2019 10:56 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
[link to twitter.com (secure)]
Spanish_guy
javierruizleon

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08/12/2019 11:49 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
index now down 30%
Genesis-Acts,Hebrews-Revelation to, you know who
Romans-Philemon to the Church
Mid-Acts Pauline Dispensational Right Division
Anonymous Coward
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08/12/2019 11:56 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
So people from Argentina will not be visiting Disneyworld. Cool.
Anonymous Coward
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08/12/2019 11:58 AM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
afro popcorn
Anonymous Coward
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08/12/2019 12:01 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
That dude who said he would no longer viait the US until our guns had been taken. May get a new perspective.
visitor
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08/12/2019 12:03 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
Deutsche Bank fallout
sandman1

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08/12/2019 12:09 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
That sucks as I been watching them for a decade or so, Everyone they elect sounds like a Patriot. For the people Bla Bla, Bla turn's out to be deep state. They have been sold out!!!
sandman
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08/12/2019 12:10 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
USA's lack of effort and funding as well as Russian interference and investment has caused this. Russia wants to destabilize western hemisphere and Trump is helping with his isolationist policies and fascist immigration crackdowns.
Carnac

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08/12/2019 12:13 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
USA's lack of effort and funding as well as Russian interference and investment has caused this. Russia wants to destabilize western hemisphere and Trump is helping with his isolationist policies and fascist immigration crackdowns.
 Quoting: Anonymous Coward 75938581


You vile POS.
Have a nice day = GFY. GFY = Go Fuck Yourself. If this offends you then have a nice day.
Roobit

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08/12/2019 12:14 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
bump to follow
The Abyss stares back...

Glp ping pong champ...
Roobit

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08/12/2019 12:15 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
USA's lack of effort and funding as well as Russian interference and investment has caused this. Russia wants to destabilize western hemisphere and Trump is helping with his isolationist policies and fascist immigration crackdowns.
 Quoting: Anonymous Coward 75938581


No one is against legal immigration, it's the illegal shit that pisses everyone off.

Get your facts straight...

Last Edited by Roobit on 08/12/2019 12:15 PM
The Abyss stares back...

Glp ping pong champ...
sandman1

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08/12/2019 12:15 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
Our future?
If President Trump does not succeeded!

Got Gold
Got food

People be prepared for anything!
Food insurance!!!

MorppheusSome
sandman
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08/12/2019 01:28 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
poor Spanish people what a suprise
Anonymous Coward
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08/12/2019 01:36 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
Remember the thread from the guy from Argentina two days ago?
He said he wouldn't visit the US until we had gun control laws.

This is Trump getting even. I told you Trump visits here, now we have proof.
Anonymous Coward
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08/12/2019 01:48 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
and, Maduro still rules.
FUCK ARGENTINA
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08/12/2019 02:04 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
bump

This is big.
 Quoting: Anonymous Coward 77888878


so is argentine canned beef gonna be cheaper at the stores now?
Anonymous Coward
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08/12/2019 02:19 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
bump

This is big.
 Quoting: Anonymous Coward 77888878


so is argentine canned beef gonna be cheaper at the stores now?
 Quoting: FUCK ARGENTINA 72449736

no.
The middleman will increase his profit.
I bet the holders of gold and silver in Argentina (Land of Silver") are seeing nice growth in the value of their coins.
Gold is currently at record highs in 73 countries today.
Especially Argentina.

That's how real money works.
Anonymous Coward
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08/12/2019 02:26 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
This is just a friendly reminder from your local MSBC branch manager that it began today.

It’s not too late to put some money into cash and buy a cheap gym membership before they all get grabbed up by NEETs frugally enjoying the meltdown. If the gym isn’t your thing I strongly suggest WoW Classic or saving some cash for someone’s repossessed boat or vacation rental. This ones gonna be a long one.

TLDR; it has begun.
Anonymous Coward
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08/12/2019 02:26 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
This is just a friendly reminder from your local MSBC branch manager that it began today.

It’s not too late to put some money into cash and buy a cheap gym membership before they all get grabbed up by NEETs frugally enjoying the meltdown. If the gym isn’t your thing I strongly suggest WoW Classic or saving some cash for someone’s repossessed boat or vacation rental. This ones gonna be a long one.

TLDR; it has begun.
Anonymous Coward
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United States
08/12/2019 02:27 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
The economy is going to crash to 2012 levels, not as low as 2009, but you will lose all your equity and most of your 401(k) if you’ve been saving since the recovery began. A gym membership is cheap and gives you something to be happy about when you are literally living like a Mexican with American prices.
Anonymous Coward
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08/12/2019 02:28 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
It's the Pelosi effect.
TlvmmCpoft

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08/12/2019 02:28 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
In the end, everyone reaps exactly what they sow.

No amount of lies or delusion changes that fact.

What they intentionally did caused what they are getting as a result of those actions.
I don't know what lies they told you, but I can promise they were lies.

There's a fine line between training, trauma, and torture.
Anonymous Coward
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08/12/2019 02:29 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
China is in the process of defaulting on 500 billion dollars of loans. There is a period of time on accounts that large where letters have to be sent, are you SURE you’re not going to pay? Would you like to pay some? No? Are you REALLY SURE? We’re at 6 business days past are you really sure.

Yes HSBC will collapse in September.
Anonymous Coward
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08/12/2019 02:29 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
China is in the process of defaulting on 500 billion dollars of loans. There is a period of time on accounts that large where letters have to be sent, are you SURE you’re not going to pay? Would you like to pay some? No? Are you REALLY SURE? We’re at 6 business days past are you really sure.

Yes HSBC will collapse in September.
Roobit

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08/12/2019 02:30 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
China is in the process of defaulting on 500 billion dollars of loans. There is a period of time on accounts that large where letters have to be sent, are you SURE you’re not going to pay? Would you like to pay some? No? Are you REALLY SURE? We’re at 6 business days past are you really sure.

Yes HSBC will collapse in September.
 Quoting: Anonymous Coward 72389224


Where'd you get this info?
The Abyss stares back...

Glp ping pong champ...
Military Expert

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08/12/2019 02:37 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
USA's lack of effort and funding as well as Russian interference and investment has caused this. Russia wants to destabilize western hemisphere and Trump is helping with his isolationist policies and fascist immigration crackdowns.
 Quoting: Anonymous Coward 75938581


If Trump was a fascist, he’d be a leftist. Look up what fascist ideology even is, retard.
AMERICA, FUCK YEAH!
nacho daddy

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08/12/2019 02:49 PM
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Re: Breaking: ARGENTINA IS COLLAPSING, PESO PLUNGES MORE THAN 30% AGAINST US DOLLAR IN EARLY MARKET
Time to buy Argentine Real Estate?

$160,000 before the currency fall.
Probably $100,000 now.

Farm/Ranch For Sale in San Rafael, Mendoza, Argentina
Fully Operational, Family-Owned Farm In The Andes Foothills
Asking Price: $160,000 USD

Fully Operational, Family-Owned Farm In The Andes Foothills
In the heart of Argentina's famed wine country, this farm has strong upside potential, excellent access to water, proximity to power and roads, and a diversified production output consisting of nearly 23 hectares of quality alfalfa and thousands of producing pear and plum trees.

THE FARM:

23 hectares (56.8 acres); 9 hectares (32.11 acres) in alfalfa, 7 hectares (17.29 acres) in corn, 4.5 hectares (11.1 acres) in plum trees, and 3 hectares (7.4 acres) in pear trees
Approximately 19 of the 23 hectares have been GPS leveled
800 producing pear trees, 3,000 producing plum trees
In 2015, each acre of alfalfa yielded approximately 32 square bales of hay, each pear tree approximately 25 kilograms (55 lbs) of pears, and each plum tree approximately 15 kilograms (33 lbs) of plums. Local outlets for drying the fruit are available and can increase the price/kg at market

5 of the 13 hectares were planted in new alfalfa in March of 2015, which should provide qualify alfalfa for the next 4-5 years. The remaining 7 hectares were planted in corn in 2018 as part of a fallow plan. This leaser is utilizing the acreage in exchange for paying for the surface irrigation taxes. The alfalfa in this area was old and needed to be replanted anyway.

Previous owners ran approximately 15 head of cattle in the fallow land. Management is presently considering re-introducing cattle.

Management is a salaried, native Argentine family with years of agricultural and business experience
Perimeter fence surrounds the property. An electric fence surrounds the corn.
The day the soldiers stop bringing you their problems is the day you stopped leading them.
They have either lost confidence that you can help them or concluded that you do not care.
Either case is a failure of leadership.





GLP