Value Of The Usd V.s. The Peso

[Rich One]

The exxon investment in Argentina... http://www.bloomberg...ceed-10-billion

Thanks , the Exxon $10 billion investment may take place in the NEXT 20 to 30 Years . Macri's Grandchildren may benefit from it...

 

[Rich One]

The immediate Generation of employment and true economic activity in the Short Term, must come from the Pymes that are making 100 jeans to increase immediately to 150 pairs hiring ..!! The major investments will spur economic activity mid 2017 onwards. Too Late?

 

[TrevorCito]

Thanks , the Exxon $10 billion investment may take place in the NEXT 20 to 30 Years . Macri's Grandchildren may benefit from it...

Ha! Very very true however given that Argentina is so poor relative to many countries, how much foreign cash inflows would strengthen the peso so much and consistently?.... The exxon USD 250 million just might be the reason.

 

[TrevorCito]

The immediate Generation of employment and true economic activity in the Short Term, must come from the Pymes that are making 100 jeans to increase immediately to 150 pairs hiring ..!! The major investments will spur economic activity mid 2017 onwards. Too Late?

Never too late.

The economists running this country barely have opposable thumbs so how can they be blamed for the current state of things? They're driven my instinct rather than reason.

Argentine economics...
https://youtu.be/5rzXBdb6TGY