Argentina is in the midst of yet another Peso crisis

via notayesmanseconomics This week has opened with a lot of concern for the economy of Argentina as you can see from this via the Buenos Aires Times. Argentine leader Javier Milei announced plans to meet President Donald Trump in New York on Tuesday after hinting his country is in negotiations to halt a market sell-off …

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US bank exec reveals exporters shunning dollar, opting for yuan, euro, peso, CAD.

A significant development originating from within the American financial sector indicates a notable shift in global trade practices. A US bank executive has recently disclosed that a growing number of international exporters are expressing a reluctance to accept the United States Dollar for transaction settlements. This emerging trend, if sustained, represents a material change in …

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Tariffs, Gold And Bitcoin! Gold Stable, Bitcoin And Stock Market Down, Mexican Peso Down And On Verge Of Collapse

by confoundedinterest17 As expected, the Trump Administration levied tariffs against Canada, Mexico, China, etc. The short-term result? Gold is stable, Bitcoin fell. Or as Gene Autry sang, “South of the Border (Down Mexico Way)”. The stock market? Down -1.53%. And then we have the doom porn about Mexico’s “impending” collapse. The Peso is declining, and Senator …

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