Wednesday, 3 April 2013

Wall Street Oasis - Investment Banking & Finance Community: Is Argentina heading towards another financial crisis?

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
Is Argentina heading towards another financial crisis?
Apr 4th 2013, 02:44

argentina.png

All indications appear to be yes.

Around a decade after its 2000/2001 collapse, Argentina is heading towards disaster again. Poor economic policy and trading relationships are certainly not helping.

Just look at the yields on Argentine bonds right now.

http://www.investing.com/rates-bonds/argentina-gov...

Part of the reason for such high yields is the rapid inflation of the country.

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