- Jun 20, 2006
The economic news in Argentina is horrendous with massive layoffs , ,Uncontrollable inflation and a currency that is devaluing faster than any other in 2018. The situation is very serious as there is no plan of action to stimulate the economy. How much longer before it fully collapses like 2001 ? The peso is now close to 30 per dollar rumours say by december it will be 50 pesos decimating the wages of the middle class.