Well its been six months since the "crash" due to Argentinians voting out austerity and voting in more socialism, and the stock market seems to have completely recovered. However the peso has been in a free fall during the same period.
(see chart)
If we extrapolate the potential for similar outcomes in the u.s. what
would that look like? Stock market crashing, then recovering, but u.s.
dollar inflating?
It's interesting that it has completely recovered.
It's interesting that it has completely recovered.
No comments:
Post a Comment
Tell us your thoughts.