When Will The Peso Hit 20?

[Matt84]

not one person voted for either of the Perons!

Yes I noticed that! Let's celebrate!
I personally voted for Queen Elizabeth ruling over First Nation Persons.

1000 peso bill, artist concept

 

[Matt84]

considering Eva is already in the counterfeit-looking 100 peso bill, shouldn't she be taken out of the list?

 

[Rich One]

Joe we need an update on this issue since 14 is at Portas

 

[Joe]

There's been a lot of news about changing the bond holder jurisdiction from New York to Argentina.

This is causing a bit of volatility in the exchange markets.

Argentina has the right to change the jurisdiction (of the bonds) - it is a sovereign country.

 

[French jurist]

Argentina has the right to change the jurisdiction (of the bonds) - it is a sovereign country.

Yes

 

[Rich One]

There's been a lot of news about changing the bond holder jurisdiction from New York to Argentina.

This is causing a bit of volatility in the exchange markets.

Argentina has the right to change the jurisdiction (of the bonds) - it is a sovereign country.

Kicillof said it's not a change of Jurisdiction but just a change of payment venue,

 

[Ceviche]

In Feb 1st week, 2015, blue =20

 

[mimyr]

1:1 by January. I bet 20 pesos on it.

 

[Rich One]

1:1 by January. I bet 20 pesos on it.

Very possible scenario, then the price of a coffee will be US$ 25 a bife the Chorizo US$120

. Back to the deme dos all Argentinos in Miami buying galore!

 

[ghost]

Yes

Argentina signed a contract which defined how and where and when payments will be made. Changing that contract to suit specific needs that has no superior mutual benefit is called a default. If I give you a mortgage which contains clauses that define payment procedures and times and places , amounts and process. And you decide you no longer like my rules. So you make unilateral changes to benefit yourself. You default. [I do not support Singer, I think he is a pig, but Argentina has a long history of "changing the rules]