“Venezuela’s sources of FX financing are limited, the sovereign last issued a global bond in 2011, and significant multilateral funding is not expected in 2015 – 2016.”
“Venezuela’s sources of FX financing are limited, the sovereign last issued a global bond in 2011, and significant multilateral funding is not expected in 2015 – 2016.”
Vice President of Moody’s sovereign risk, Gabriel Torres is talking about currency devaluation for Argentina!
How can Argentina navigate the global Ponzi Economy?
The media reports are portraying President Christina Fernandez government as a chaotic mess.
However, I see a battle unfolding that is already deadly and disturbing geopolitical plans…
The West’s central bank club is out of favor with the Argentina government. Argentina regulators are attempting to gain control of Argentina’s currency and monetary policy by investigating banking fraud.
Will Argentina survive, will Christina live?
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