Monday, June 2, 2008

European and US pension funds to lose more money

Argentine alert as inflation spectre stalks half the world

Argentina is defaulting on its sovereign debt yet again, this time by stealth. Wealthier Portensos with a nose for trouble are pulling their savings out of Buenos Aires banks. Most are buying dollars, or slipping across the Rio de la Plata to deposit their stash in Uruguay

Posted by sold 2 rent 1 @ 10:00 AM (385 views)
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