It was reported on 31 January 2014 that the nation of Argentina is in trouble economically. As you know the illuminati and its subsidiaries move around the globe de-stabilizing countries. They do this to increase their profit and hence their wealth by buying resources, land and corporations on the cheap.
As closely
tied together as the world economy is these days, one has to question if the hyperinflation
in Argentina is going to spill over into other national
economies, and if so, how quickly will that happen.
When Greece’s economy fell apart back in 2010, in was only a matter of
weeks before several euro zone countries followed suit. And really, there are
still more
countries in economic turmoil in
that part of the world, it’s just that it’s not being as widely reported
anymore.
Some of the moves that have caused
Argentina to experience some vicious boom and bust cycles
economically include things like freezing the utility rates and nationalizing
its oil companies. Other activities that have compounded Argentina’s economic
woes include disregard for government spending, extreme taxes on exports,
significant restrictions on imports, and dissuasion toward foreign investor.
The most immediate factor is believed to be when Argentina relaxed the
controls on its currency last week. That move was apparently the final trigger
in what was a fragile economy in the first place.
As for inflation, the way that high level officials have dealt with that
in the past was by applying smoke and mirrors to the official numbers, and then
threatening journalists who reported the truth. It’s gotten to the point,
however, where it’s apparently no longer possible to conceal reality.
If the situation in Argentina turns out to be a contagion as the one in the
euro zone was, analysts suspect that Brazil will be the next in line to take a
tumble. Brazil’s currency has fallen about 2.0 against the dollar since last
year, and so the central bank has raised rates to 10.5 percent. However, since
they have elections in October this year, it’s not anticipated that there will
be a great deal of economic fallout tied to Argentina.
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