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Topic: Argentina crashes!Peso at historic low! Central banker resigns! a Cyprus moment! (Read 1196 times)

full member
Activity: 518
Merit: 101
Hope the bitcoin price rise because of this. Like what happen to Cyprus before.
legendary
Activity: 1540
Merit: 1000
And so it begins, don't say any of you weren't warned several million times.
legendary
Activity: 2912
Merit: 1386
I am fearful that the US is going to follow in Argentina's footsteps. Once inflation starts to pick up more rapidly, im not sure what we can do and citizens to stop it
Citizens do not stop such things.  They observe them, and are impacted by them to whatever degree they have not prepared.

However, Cyprus was under the Euro, and Argentina has it's own currency.

So what will happen is the miraculous transformation of the Old, Bad Peso, into the New, Strong Peso at say 50:1 official exchange, rate, street exchange rate....

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Argentina defaults it's national debt.

Argentina refused to bow down to the vulture fund. That was a good move.
hero member
Activity: 672
Merit: 500
Argentinian citizens are allowed to buy US dollar since the beginning of the year. I think lots have done so. Some of them may have bought bitcoin, most would have stayed with greenback. Cheap peso should help Argentina exports. The problem is her largest trading partner Brazil is in a recession too.
legendary
Activity: 1512
Merit: 1012
argentina people can buy bitcoin ... it's low now for the week-end.  Cheesy
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
I am fearful that the US is going to follow in Argentina's footsteps. Once inflation starts to pick up more rapidly, im not sure what we can do and citizens to stop it
hero member
Activity: 756
Merit: 502
Why when I click the link does it open my email client. You seem to have it as mailto:

Anyway, here is the clickable link https://www.google.com/finance?q=CURRENCY%3AARS&ei=h9kuVOj-AsHKlAX-7IHIBw

thank u.. fixed that
hero member
Activity: 756
Merit: 502
Argentina defaults it's national debt. This downturn is kind of expected, triggered by fabrega's resignation. What else can they do? Default is probably the only way out.

bitcoin will save Argentina.. the world is going to watch the power of bitcoin.. to moon
full member
Activity: 357
Merit: 130
Why when I click the link does it open my email client. You seem to have it as mailto:

Anyway, here is the clickable link https://www.google.com/finance?q=CURRENCY%3AARS&ei=h9kuVOj-AsHKlAX-7IHIBw
hero member
Activity: 672
Merit: 500
Argentina defaults it's national debt. This downturn is kind of expected, triggered by fabrega's resignation. What else can they do? Default is probably the only way out.
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