Argentina’s Desperate Measures: Brink of Financial Collapse Spurs Drastic Measures
Argentina finds itself in a perilous financial situation, as consulting firm 1816 Economia & Estrategia based in Buenos Aires warns that the country’s reserves of liquid international assets have nearly vanished. This raises serious concerns about Argentina’s ability to protect its currency, the peso, from a potential collapse. Such a disaster would exacerbate the nation’s…