Even concrete US interventions are unlikely to save Argentina's peso for long unless they go further than so far promised—though it might give Milei a rickety bridge through the October election without an embarrassing devaluation.
By Maurice Obstfeld
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
8
Repost
Share
Comment
0/400
DeFiCaffeinator
· 12h ago
The Third World does not deserve to be saved.
View OriginalReply0
LayerZeroEnjoyer
· 13h ago
Aren't you giving a hand, American Empire?
View OriginalReply0
ShibaMillionairen't
· 13h ago
The Argentine economy that even the US dollar can't support.
View OriginalReply0
ThreeHornBlasts
· 13h ago
Argentina, this is really a hassle.
View OriginalReply0
ParanoiaKing
· 13h ago
Relying on this lifesaving potion won't last a few days.
Even concrete US interventions are unlikely to save Argentina's peso for long unless they go further than so far promised—though it might give Milei a rickety bridge through the October election without an embarrassing devaluation.
By Maurice Obstfeld