Thursday, January 13, 2005

Argentine debt default

I've been reading more and more about the current events in Argentina because I'm moving there in a few months. Heresay is that the currency will hold at 30 cents per dollar, which helps me a little, but as far as Argentina goes....well, go ahead and read this little tid-bit... http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=24259

If you get any new information, or anything that seems more correct, let me know!

2 comments:

Huck said...

Off topic a bit, but I'm curious to know what's taking you to Argentina and is this move long-term?

Anonymous said...

That article's pretty old. Try reading Colin Lewis' Argentina: A Short History for a good historical analysis of the country's economic woes. Sadly, current exchange rates are at 30 cents per dollar so if you're just visiting, that's great. If you're planning to live there, be prepared. Here's a more recent article on the economy: http://www.washingtonpost.com/wp-dyn/articles/A9878-2005Jan14.html