Post by account_disabled on Mar 7, 2024 4:02:17 GMT -5
The Blue Dollar Market is a Limited and Volatile Market, Which Does Not Express the Real Movements of the Economy. But It is a Powerful Creator of Expectations: the Bullfight Was Explained by the Will of the Agricultural Sector to Force a Devaluation That Would Value Its Exports for the New Harvest, but Above All by the Perception of Weakness of the Government, and in Particular the Minister of Economy Martín Guzmán, Who Clashed With the President of the Central Bank When Exploring Measures to Confront the Crisis.
The Panic Did Not Last Long, Two or Government Reacted by Issuing a Series of Financial Instruments That Managed to Lower the Perception of an Imminent Devaluation and Managed to Calm the Market. The "De La Rúa Moment", in UK Mobile Database Reference to the President Who Had to Flee the Government House by Helicopter in , Was Happily Behind Us, but the Dust Continued to Float in the Air. Third Act: the Guzmán Stage the Government Managed to Remove the Risk of a Sudden Devaluation, Which Would Have Complicated Any Possibility of Growth in the Short Term, Thanks to a Series of Technical Decisions Adopted by a.
Strengthened Guzmán. Arriving , Where He Worked Alongside Joseph Stiglitz, Directly to Assume His Position, Guzmán is a Young Economist Specialized in Debt Renegotiations With No Background in Public Management. It Was at the Time a Personal Bet by Alberto Fernández, Who Chose Him Largely Due to the Fact That He Had Stayed Away From the Political Conflict of Recent Years. Becoming One of the Few Consensuses Within the Ruling Coalition, Guzmán Stopped the Bullfight and Confirmed an Unwritten Law of Argentine Politics, a Law That the Presidents – for Obvious Reasons – Refuse to Recognize, but That is Verified Time and Again.
The Panic Did Not Last Long, Two or Government Reacted by Issuing a Series of Financial Instruments That Managed to Lower the Perception of an Imminent Devaluation and Managed to Calm the Market. The "De La Rúa Moment", in UK Mobile Database Reference to the President Who Had to Flee the Government House by Helicopter in , Was Happily Behind Us, but the Dust Continued to Float in the Air. Third Act: the Guzmán Stage the Government Managed to Remove the Risk of a Sudden Devaluation, Which Would Have Complicated Any Possibility of Growth in the Short Term, Thanks to a Series of Technical Decisions Adopted by a.
Strengthened Guzmán. Arriving , Where He Worked Alongside Joseph Stiglitz, Directly to Assume His Position, Guzmán is a Young Economist Specialized in Debt Renegotiations With No Background in Public Management. It Was at the Time a Personal Bet by Alberto Fernández, Who Chose Him Largely Due to the Fact That He Had Stayed Away From the Political Conflict of Recent Years. Becoming One of the Few Consensuses Within the Ruling Coalition, Guzmán Stopped the Bullfight and Confirmed an Unwritten Law of Argentine Politics, a Law That the Presidents – for Obvious Reasons – Refuse to Recognize, but That is Verified Time and Again.