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Latin America

forest444

(5,902 posts)

4. Sure. Macri's plans for a 60% devaluation would devalue their ticket sales as well.

Reply to TexasTowelie (Reply #2)

Fri Nov 27, 2015, 12:58 PM

Nov 2015

A 900-dollar ticket sold today, would suddenly be worth $550.

All the other firms doing business in Argentina (whose profits are around US$8 billion annually), have the very same problem.

Macri's friends in the speculative and agroexport businesses like it though, since they'd get a real windfall. Some "friend of the U.S."!

Click here to purchase valentine hearts!

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Highlight:

Macri plays dangerous game with Argentine peso. [View all] forest444 Nov 2015 OP

I'd cry for Argentina, if I weren't keeping the tears for the USA Demeter Nov 2015 #1

One can only hope Macri listens to people like this author, Katia Porzecanski - who's no leftist. forest444 Nov 2015 #3

American Airlines announced on Wednesday TexasTowelie Nov 2015 #2

Sure. Macri's plans for a 60% devaluation would devalue their ticket sales as well. forest444 Nov 2015 #4

"Shock Doctirne" -- Naomi Wolf bemildred Nov 2015 #5

Back into the void with Macri. His ego must be too large to believe he can fail. n/t Judi Lynn Nov 2015 #6