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bpodgursky
74 days ago
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Argentina's midterm election hands landslide win t...
No, it means the US just made a profit on the Argentine Pesos it bought to stabilize the currency.
bix6
74 days ago
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How did the US profit if the peso has continued to fall?
bpodgursky
74 days ago
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It's strengthening tonight. It fell when markets thought he might lose. But then he won.
flave
73 days ago
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Interestingly, the US made money on the Mexico bailout in the 80s and 90s. That’s only on the interest, not to mention the US economic activity.
https://www.piie.com/publications/chapters_preview/43/6iie27...
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