You are viewing a single comment's thread from:

RE: Time Value of Money

in TradFi6 days ago

It was a pivotal moment. The market expected the Argentine president to lose the midterm legislative elections. Argentine assets had been trending downward for six months, a trend that intensified with the elections, and people also began buying dollars.
Milei received Trump's endorsement, won the election, and the markets celebrated—a shift in the trend.

Sort:  

ohh.. i guess you decided smartly and won the bet?

Yes. Now, if the president were to lose the elections, we would be in the deepest financial hell in Argentina.

i guess not. You are not in the deepest hell. we might claim it here in our country. philippines. you will never experience a flood control project that was government fully paid, inspected, QA/QCed but never existed. Well, there are already lots of issues on every country right now, so it really is hard to tell would be in the deepest financial hell. maybe we can form a group for it.