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Response to OnDoutside (Reply #1)

Mon Aug 31, 2020, 07:20 PM

2. Same here.

What they went through under Cheeto's pal Macri, is similar to what happened here under Dubya: a speculative debt bubble - followed by the inevitable pop.

Except, of course, that Argentina can't print dollars to cover all the potholes like the Fed can - and thank goodness the Fed can (some $20 trillion to cover the Bush-era bad derivatives debts).

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