EJLarson
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Total silence would ensue.... or just shut up about topics you clearly have no clue about?
Total silence would ensue.... or just shut up about topics you clearly have no clue about?
Bajo, why don't you take an Economy 101 course or just shut up about topics you clearly have no clue about?
Total silence would ensue.
Right now I talk about law and politics. If you have a different view, please enlight us.
Regarding economy, well, no comments because it is off topic right now.
Selling futures way undervalued is just selling out the country - no matter which views you have. Imagine Macri would sell Aerolineas for an amount X to some of his friends, while he could get a way higher price. It doesn't matter if one thinks an asset should or should not be sold in general - if it is sold, a public official should aim for the best achievable price. Instead, Vanoli just threw it away to make some people happy at the expense of the Argentine people.
They are probably legalizing everything they did that was not legal or corrupt in the last 12 years. That is probably a long list thus the volume of new laws being passed.
That's better.
Look, the blue market is illegal. The value of the usd is almost 10.
You cannot make contracts using the blue rate because it is illegal. You cannot do contracts leting rule who today is nobody.
Vanolli is the legal authority of the Central Bank today and after the 10th of dezember.
We don't even know if Macri is going to be able to become the President or Michetti is going to be instead of him.
They wish/plan to depreciate the peso but it is only an expretion of wishes today.
The Pro expect that the country freeze until the 10th of dezember BUT, the authorities continue fullfiting their legal duties.
They won an election, they didn't overthrew this government, they don't get it.
The blue rate might be illegal, but this is totally irrelevant. You can use the contado con liquidacion (which is totally legal) and see that his actions were surely not for the good of Argentina (well, more precisely only for a small minority, i.e., the buyers of the future; at the cost of all others)... All these fake arguments about the planned policies of Macri or that he's not yet in power don't matter: the fact that the head of the central bank sells out its own country does and that should concern any citizen, no matter which party they belong to.
Do you really believe that in 6 hours, each and every item on the agenda was thoughtfully and critically addressed?
Do you sign contracts without reading them thoroughly?
Doesn't matter what the [benign] title of the law is; it is the clauses contained within that may/may not be exploited by sketchy politicians/lawyers/judges.
This is irresponsible bullshit.