Speaking of the wealthy farmer, he and the wealthy bookseller are teaming up to purchase that country down at the bottom of the world.

They are willing to prop it up, for total control of the country.

It kind of makes you wonder if they had something to do with its collapse, just to see if private people could actually buy a country.

Bill Gates

Jeff Bezos

Argentina

Argentina Is Going Broke to Stall a Full-On Currency Collapse

(Bloomberg) — Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke.

The South America nation has already spent all of its liquid international reserves, plus another estimated $1 billion, according to Buenos Aires-based consulting firm 1816 Economia & Estrategia — raising the stakes as the nation contends with a historic drought and impending recession.

Without easy-to-spend cash on hand, questions are swirling about how much longer the government can continue to defend the peso from an all-out collapse. At risk is a currency devaluation that stands to fan 104% inflation and exacerbate high levels of social unrest ahead of October’s presidential elections. – Source


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