South American Real Estate News
/ Category / Devaluation

Argentina the Serial defaulter is in crisis once again

Few keywords have been more constant throughout my 34 years of newsroom experience than “crisis.” If the aim of this column is to give current events the perspective of 34 years of newsroom experience at the Buenos Aires Herald (1983-2017), few keywords have been more constant throughout that experience than “crisis.” If people find the current pace of inflation and the shrinking peso alarming (as indeed they should), my starting salary for my first full month at the Herald in the June of 1983 was…
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