Everybody knows what causes a nation to sink and decay. Everybody knows that over the long run, you can’t spend more than you can afford. And everybody knows that people will game the system.
You don't have to be an economist or a scientist to know that more government is a recipe for failure. Why? Because GOVERNMENT PRODUCES NOTHING. GOVERNMENT CONSUMES. It only offers "lose-lose" deals. So, the more government you have/allow, the harder the productive segment of society has to work merely to break even, and eventually, fail. Best always. PM
The problem is that Americans have grown so soft and spoiled that they cannot handle the sacrifices needed to right the ship. The elites and their press stooges will do all they can to ensure the rich elites stay on top while the 99% continue to lose our money and freedoms.
Not true hard working Americans Bob. It’s the 50% who contribute nothing and live off us that are soft and spoiled. The challenge is to get these useless government created people to get off their sorry asses and get a job. Enough sucking off the system and start becoming useful members of society. It will benefit themselves and America because how sad an existence if you waste your entire life being useless 🤔. I know, these are the base of the democratic cult and will fight tooth and 4”nails to stay ignorant and unproductive, but hey, we have an opportunity now and hope for some positive outcomes with our MAGA friends 😊🇺🇸🇺🇸
Not so much for you Steve, other of our fellow readers, keep in mind the high risk(s).
In addition to the individuals amongst the dangerous parasite cult, the spawn of the Creatures from Jekyll Island and hosts of statists from the district of corruption’s foggy bottom; there are the knowable targeted actions by the aforementioned actors.
Exactly again brother Mark! Just one more example why crypto will take hold and “De Bank” banks! We will all soon watch as the banks start their house of cards collapse and the following calamity that will come. It will be a pleasure to watch from our crypto platform 😊 Buy the dip!
I am not so sure. What possibily can the middle class and below do to "right the ship"? Voting has become laughable. Look at the choices in the last Presidential election - an empty suit in Harris and - on the other hand - multi-time bankruptee whose spending the last time ended pushed Government debt up slightly over $7T. Really - $7T. Hard to conceptualize $7T. The U.S. Empire is slowly sinking into the swamp. There is no peaceful way out. It is going to get much worse - history clearly time after time has shown the path ahead. And, surprise - it isn't going to be different this time. Plus the World is fed-up with the U.S. hegemony - the ol' "our way or else" isn't working any more. Ugly - unfortunately.
You are probably right but I have to have some hope at least. The rest of the world is fed up with our hypocritical virtue signalling, war mongering, and out of control spending. The BRICS are the emerging powers and Biden;s crazy sanctions just made them stronger and they are attracting alot of other countries. The BRICS have almost 70% of the population in the world and over 50% of the economic output.
The "World" might be "fed-up with the U.S. hegemony", but name the country that you think should replace the U.S. in that role . . . I'll wait.
As for the "multi-time bankruptee (sic) whose spending the last time . . ." blah, blah blah, allow me to educate you. As someone that founded and operated multiple businesses for more than 42 years now, I will point out that unless you've run a business, you have no idea how difficult it is. And, in the former President's case, given the incredible number of businesses he created and operated, the fact that he had so few bankruptcies is truly remarkable. Therefore, you might want to slow your roll with the Trump criticism because like the late, great Tommy Lasorda (L.A. Dodgers' Manager and World Series Champion) famously said, "I don't care much for second guessers because they usually don't have a clue about the first guess."
As for the amount of debt that was incurred during the first Trump administration, if you disliked that then you should hate what has happened under Biden. There's a great analysis that measures the Debt to GDP ratio of every administration and Obama's and Biden's exceed Trump's, and if you take the 2020 pandemic out of the equation, it's not even close. Those are the facts and nothing Bill Bonner spews will change them.
Poor Dave - really? You do find yourself charming. Do you fancy yourself an “elite” too? Apparently so. Trump is not going to fix anything. Just not in the cards. Even if he wanted to. Blustering and attacking those opinions and perspective disagree with is what those in power do. Currently Obama raised the debt the most during his run, followed currently by Trump. And it appears Biden may surpass Trump. It should be noted Obama’s run was 8 years. The real problems of too much government and too many foreign wars won’t be resolved by Trump. Threatening the World with tariffs isn’t the answer either. Tariffs are a financial act of war. Hopefully, he will stop tariffs and wars by U.S. proxies. Won’t happen unless he is able to untangle himself from the neocons in Israel. Good luck with that but keeping my fingers crossed! Thomas Paine once said - Some people can be reasoned into sense, and others must be shocked into it. Merry Christmas
Poor whatever you are. I don't find myself as charming as you fancy yourself clever (by half). First, percentages are percentages, the fact that Obama was in office for 8 years is irrelevant when analyzing annual percentages. You obviously aren't looking at (or comprehending) the same data I am.
Do I fancy myself an "elite"? I don't know, I worked 65-70 hours a week six to seven days a week for about 25 years to create what I have. My accountant tells me I'm in the 1 percent which to me, only means I support a lot of government dependent useless POS's (like Obama and Biden).
The neocons in Israel? You mean that one democratic ally we have in the Middle East? The one that Trump was getting to partner with other Muslim States in the region? I think you fall into the latter category of Paine's quip. You remind me a lot of a Democrat, you are impervious to education.
Oh, and I notice you didn't name a country that should replace the U.S. as the hegemonic State in the world, I'm still waiting.
Mr. Gmitter, You nailed it. And I like how Bill in his essay looked realistically at Pres. Milei's efforts. Bill acknowledged that Mr. Milei could not take a sledge hammer to the budget and the bureaucracy or the resulting massive loss of Argentinians' jobs and govt. benefits would cause a terrible electoral backlash. So Bill is finally acknowledging that bureaucratic and economic reforms must be GRADUAL. This is why I have praised Pres. Milei's efforts so far. I hope the DOGE folks understand this or their sledge hammer recommendations submitted to Pres. Trump, his cabinet, and the GOP Congress will be tossed into File 13 so to avoid political suicide.
IMHO (in my humble opinion), the U.S. govt. should have as its dual mantra: Gradualism To The Right & Do Business Not War
Thanks for the update on Argentina, Bill. I appreciate it. But I had to laugh when you wrote:
"What is probably most remarkable about Milei’s speech is that he is able to talk about complicated and subtle economic issues confidently and intelligently. We know of no American politician who can do the same."
Well, Bill, that certainly is the perspective you get when you watch CNN and MSNBC and the rest of the lamestream media. They interview the economically ignorant leftwing Democrats or the occasional RINO Republican. It really is remarkable how you've devolved to put those blinders on. You are so cynical about America, you can't see anything positive even when it's staring you in the face.
‘…. the Peronists would at least have more to steal when they return to power.’ I’ve often said socialism can only survive in a capitalistic system… they is nothing to tax, take or steal under communism.
Actually, all you need to do is ban the government from giving out money and favors and the special interest groups and lobby money will go away. For the most part, adhering to the Constitution would do that.
Well Bill, you curmudgeon - you had something positive to say about someone. It's really refreshing to hear. Now, pick someone in the Trump cabinet that you might have positive vibes about, hmm? Maybe, ya think?
I've said it before: Bitcoin is going to $1M, or to $0. "Don't bet more than you can lose," as they say. As for Tom's asset chart, he's showing income yields, of which Bitcoin has none.
Yes Craig, those who followed my crypto recommendations over these past five years are super successful right now, and those who followed our host are way behind with inflation. I would think that doubling down on faulty advice would be bad for business, but not too many seem to understand how huge Bitcoin has and will continue to become. Buy the dip now!
And excellent article brother Mark! Sure the demonic democrats are doing everything in their dwindling power to continue their Scorched America policy that Obama began for their "Fundamental Transformation" of America into the Third World Shithole we now witness in our democrat cities. The democrat just want our entire country to mimic their cities, and then the communist/globolist/WEF/Obama and evil company will have succeeded.
Not looking too promising for these most corrupt beings, as the people are waking, and not liking what they awake to. Woke is dead, America is awakening...
Biden can continue his Scorched Earth assault and even try to sell off all the Bitcoin. Sure, it would drop below $70,000, which would be even a better opportunity for those who missed out. Either way, It's going to the moon and it would serve all here to invest what you can afford!
Shirley Bassey is the best part of the 1971 crappy production.
Hang on wasn’t it 1971 that Nixon ‘gold fingered the greenback’ and started The Worlds Biggest Theft ?
My brain just rejigged and refired to check my gold coins, and good wife’s diamond ring AND my Dec 2017 $150 of Bitcoin punt, is now $973.96…. My encrypted invisibles riz up are doing better than diamonds. Gold no big time excitement shifting one national world bank pile to another in Fort Knox.
There we go friends tomorrow it may all be different again, when Putin nukes Kyiv or the Sun doesn’t come up tomorrow morning.
My bet is on neither as Trump will make sure neither happens!
"Fiat money is a type of government issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender, and is authorized by government regulation. Since the end of the Bretton Woods system in 1971, the major currencies in the world are fiat money".
Bitcoin/Crypto's will be the "New Fiat' to take the smarter nations of world out of their current Bankruptcy status or it's another World War which no country can survive physically nor financially. War or Bitcoin? Buy the Dip!!!
Pretty good Steve, though I’d say a U.S. Federal Reserve Note is an I.OU. backed by nothing but a promise from an insolvent entity which has not got around to declaring bankruptcy just yet.
Convert decaying US fiat dollars into [as you put it], “…other tangible asset…”.
For a long time, the main export of the USA has been paper Treasuries. Another (Judy Shelton) scheme in the works is a plan involving issuing a 50-year duration Treasury Bond that would be convertible into gold.
Good story about Argentina. Being born there I hope it continues to prosper. Many countries in the world. Including the U.S. should take notice. BTW, I lived. Under Peron.
Just another turn in the cycle of government. As Condeitive said many years ago , there are cycles. He was put in jail. May have spelled His name wrong but He was from todays Russia.
Hindsight is 20/20, but maybe we should've bet on Milei and considered investments in TGS, VIST, and YPF a year ago. I realize there's no income with these stocks (right now), but they're clearly some of the best performing energy stocks over this period. I still like VIST and YPF at current prices, just not sure how much more upside there is.
Yes brother Richard, and you have the opportunity not to be saying the same thing next year at this exact time about Bitcoin, Ethereum and Solana! Do some research on other useful crypto projects and put a few American Monopoly Dollars into something that will make you Rich…er 😊
Framing the innocent, Fratello Escuderi, and controlling the masses with laser microwave technology.
Javier Milei has the IQ of bird feed. This potty mouth wash soap bubble Argentinian casper lunatic is the “Mr. Lithium” of the East. Boom! Mushroom clouds, thank you very much, I’ll have another.
The Mind Control Drone Project is getting hot!
The masses want to know what is going on!?! 😂
A combination of large birds reflecting light, bright celestial bodies, weather patterns, ball lighting, high tech weather satellites, and the Great Horned Owl are responsible for the drone sightings, please believe that…hahaha!
It’s all nicely packaged in a laser microwave capsule ready to be disseminated to the masses!
The oceanic curvature of the Tomahawk missile destroys the stationary tanks. The hazardous leak cannot be flow prevented. The attic chill of the Penguin man soft tissues the cracked dome. A flattening send back to the Stone Age response is the only solution, is in it amazing?
It’s far too pessimistic to talk about the Argentinians forgetting about why all the cuts are necessary and reverting to wanting something for nothing.
This will not happen simply because the country and the economy is on an upswing and real wage paying jobs will become plentiful.
Indeed, even Elon Musk is reported to be looking for investment opportunities in Argentina.
Can we therefore agree that a virtuous circle is firmly in play?
You don't have to be an economist or a scientist to know that more government is a recipe for failure. Why? Because GOVERNMENT PRODUCES NOTHING. GOVERNMENT CONSUMES. It only offers "lose-lose" deals. So, the more government you have/allow, the harder the productive segment of society has to work merely to break even, and eventually, fail. Best always. PM
Yes. Agreed
The problem is that Americans have grown so soft and spoiled that they cannot handle the sacrifices needed to right the ship. The elites and their press stooges will do all they can to ensure the rich elites stay on top while the 99% continue to lose our money and freedoms.
Not true hard working Americans Bob. It’s the 50% who contribute nothing and live off us that are soft and spoiled. The challenge is to get these useless government created people to get off their sorry asses and get a job. Enough sucking off the system and start becoming useful members of society. It will benefit themselves and America because how sad an existence if you waste your entire life being useless 🤔. I know, these are the base of the democratic cult and will fight tooth and 4”nails to stay ignorant and unproductive, but hey, we have an opportunity now and hope for some positive outcomes with our MAGA friends 😊🇺🇸🇺🇸
Not so much for you Steve, other of our fellow readers, keep in mind the high risk(s).
In addition to the individuals amongst the dangerous parasite cult, the spawn of the Creatures from Jekyll Island and hosts of statists from the district of corruption’s foggy bottom; there are the knowable targeted actions by the aforementioned actors.
“De-Banked: It’s Only a Matter of Time…” - https://internationalman.com/articles/de-banked-its-only-a-matter-of-time-before-it-happens-to-you/ - a brief essay by Nick Giambruno published on Doug Casey’s International Man 10 Dec 2024.
Regards,
Mark
P.S. after this sobering read, check out Battle Bank’s build-out progress by Frank Trotter and Rick Rule Co-founders of Battle Financial, Inc.
Exactly again brother Mark! Just one more example why crypto will take hold and “De Bank” banks! We will all soon watch as the banks start their house of cards collapse and the following calamity that will come. It will be a pleasure to watch from our crypto platform 😊 Buy the dip!
Unfortunately, it's much more than 50% now.
WOW. Steve I agree
I am not so sure. What possibily can the middle class and below do to "right the ship"? Voting has become laughable. Look at the choices in the last Presidential election - an empty suit in Harris and - on the other hand - multi-time bankruptee whose spending the last time ended pushed Government debt up slightly over $7T. Really - $7T. Hard to conceptualize $7T. The U.S. Empire is slowly sinking into the swamp. There is no peaceful way out. It is going to get much worse - history clearly time after time has shown the path ahead. And, surprise - it isn't going to be different this time. Plus the World is fed-up with the U.S. hegemony - the ol' "our way or else" isn't working any more. Ugly - unfortunately.
You are probably right but I have to have some hope at least. The rest of the world is fed up with our hypocritical virtue signalling, war mongering, and out of control spending. The BRICS are the emerging powers and Biden;s crazy sanctions just made them stronger and they are attracting alot of other countries. The BRICS have almost 70% of the population in the world and over 50% of the economic output.
Bob. I agree
Wait one year and then have a comment. The spending Trump did was a result of the covid virus. Give him a chance.
The "World" might be "fed-up with the U.S. hegemony", but name the country that you think should replace the U.S. in that role . . . I'll wait.
As for the "multi-time bankruptee (sic) whose spending the last time . . ." blah, blah blah, allow me to educate you. As someone that founded and operated multiple businesses for more than 42 years now, I will point out that unless you've run a business, you have no idea how difficult it is. And, in the former President's case, given the incredible number of businesses he created and operated, the fact that he had so few bankruptcies is truly remarkable. Therefore, you might want to slow your roll with the Trump criticism because like the late, great Tommy Lasorda (L.A. Dodgers' Manager and World Series Champion) famously said, "I don't care much for second guessers because they usually don't have a clue about the first guess."
As for the amount of debt that was incurred during the first Trump administration, if you disliked that then you should hate what has happened under Biden. There's a great analysis that measures the Debt to GDP ratio of every administration and Obama's and Biden's exceed Trump's, and if you take the 2020 pandemic out of the equation, it's not even close. Those are the facts and nothing Bill Bonner spews will change them.
Thank you Dave 🙏 Spot on again!
Poor Dave - really? You do find yourself charming. Do you fancy yourself an “elite” too? Apparently so. Trump is not going to fix anything. Just not in the cards. Even if he wanted to. Blustering and attacking those opinions and perspective disagree with is what those in power do. Currently Obama raised the debt the most during his run, followed currently by Trump. And it appears Biden may surpass Trump. It should be noted Obama’s run was 8 years. The real problems of too much government and too many foreign wars won’t be resolved by Trump. Threatening the World with tariffs isn’t the answer either. Tariffs are a financial act of war. Hopefully, he will stop tariffs and wars by U.S. proxies. Won’t happen unless he is able to untangle himself from the neocons in Israel. Good luck with that but keeping my fingers crossed! Thomas Paine once said - Some people can be reasoned into sense, and others must be shocked into it. Merry Christmas
Poor Ol fool is going to be Shocked when Trump comes back to town 😊 and this time with a vengeance 😊😊
Poor whatever you are. I don't find myself as charming as you fancy yourself clever (by half). First, percentages are percentages, the fact that Obama was in office for 8 years is irrelevant when analyzing annual percentages. You obviously aren't looking at (or comprehending) the same data I am.
Do I fancy myself an "elite"? I don't know, I worked 65-70 hours a week six to seven days a week for about 25 years to create what I have. My accountant tells me I'm in the 1 percent which to me, only means I support a lot of government dependent useless POS's (like Obama and Biden).
The neocons in Israel? You mean that one democratic ally we have in the Middle East? The one that Trump was getting to partner with other Muslim States in the region? I think you fall into the latter category of Paine's quip. You remind me a lot of a Democrat, you are impervious to education.
Oh, and I notice you didn't name a country that should replace the U.S. as the hegemonic State in the world, I'm still waiting.
Well! Well! A Bonner scribe in the making?
Mr. Gmitter, You nailed it. And I like how Bill in his essay looked realistically at Pres. Milei's efforts. Bill acknowledged that Mr. Milei could not take a sledge hammer to the budget and the bureaucracy or the resulting massive loss of Argentinians' jobs and govt. benefits would cause a terrible electoral backlash. So Bill is finally acknowledging that bureaucratic and economic reforms must be GRADUAL. This is why I have praised Pres. Milei's efforts so far. I hope the DOGE folks understand this or their sledge hammer recommendations submitted to Pres. Trump, his cabinet, and the GOP Congress will be tossed into File 13 so to avoid political suicide.
IMHO (in my humble opinion), the U.S. govt. should have as its dual mantra: Gradualism To The Right & Do Business Not War
Amen brother
Thanks for the update on Argentina, Bill. I appreciate it. But I had to laugh when you wrote:
"What is probably most remarkable about Milei’s speech is that he is able to talk about complicated and subtle economic issues confidently and intelligently. We know of no American politician who can do the same."
Well, Bill, that certainly is the perspective you get when you watch CNN and MSNBC and the rest of the lamestream media. They interview the economically ignorant leftwing Democrats or the occasional RINO Republican. It really is remarkable how you've devolved to put those blinders on. You are so cynical about America, you can't see anything positive even when it's staring you in the face.
I wonder if Trump would consider offering Milei a spot on the DOGE committee?
At least ask him to get on a conference call with Elon and Vivek. LOL
‘…. the Peronists would at least have more to steal when they return to power.’ I’ve often said socialism can only survive in a capitalistic system… they is nothing to tax, take or steal under communism.
One more note. The U.S. should ban and get rid of special interest groups and lobbying money contributions.
Actually, all you need to do is ban the government from giving out money and favors and the special interest groups and lobby money will go away. For the most part, adhering to the Constitution would do that.
Well Bill, you curmudgeon - you had something positive to say about someone. It's really refreshing to hear. Now, pick someone in the Trump cabinet that you might have positive vibes about, hmm? Maybe, ya think?
Argentina ! Thank you for the report. To bad, our everyday media hardly knows the place exists.
May the country fully supports their leader. Sincere and intelligent honesty is more valuable than any political promise.
Leonard Hartman
Why is there no "bitcoin" on the asset chart? Including it would be revealing.
I've said it before: Bitcoin is going to $1M, or to $0. "Don't bet more than you can lose," as they say. As for Tom's asset chart, he's showing income yields, of which Bitcoin has none.
You nailed it Wilma! 💯 ++
"Never invest money you can't afford to lose for at least five years".
Cheers,
Mark
Yes Craig, those who followed my crypto recommendations over these past five years are super successful right now, and those who followed our host are way behind with inflation. I would think that doubling down on faulty advice would be bad for business, but not too many seem to understand how huge Bitcoin has and will continue to become. Buy the dip now!
You are correct Steve on some level(s).
If our fellow readers are of the mindset to buy shares of ore/mineral mining stock, there are equally worthwhile digital miners worth a look too.
Enough said from an ol’ man who finds himself resting against the “faulty advice” pillory known as intelligent speculation.
Regards,
Mark
P.S. here https://tinyurl.com/3dm6kph4 is Matt Insley today published on The Rundown in article entitled: The Battle for America’s Bitcoin
And excellent article brother Mark! Sure the demonic democrats are doing everything in their dwindling power to continue their Scorched America policy that Obama began for their "Fundamental Transformation" of America into the Third World Shithole we now witness in our democrat cities. The democrat just want our entire country to mimic their cities, and then the communist/globolist/WEF/Obama and evil company will have succeeded.
Not looking too promising for these most corrupt beings, as the people are waking, and not liking what they awake to. Woke is dead, America is awakening...
Biden can continue his Scorched Earth assault and even try to sell off all the Bitcoin. Sure, it would drop below $70,000, which would be even a better opportunity for those who missed out. Either way, It's going to the moon and it would serve all here to invest what you can afford!
Brother, you’ve made a case on the merits of dollar cost averaging😁
M
Goldfinger or Diamonds are forever?
Shirley Bassey is the best part of the 1971 crappy production.
Hang on wasn’t it 1971 that Nixon ‘gold fingered the greenback’ and started The Worlds Biggest Theft ?
My brain just rejigged and refired to check my gold coins, and good wife’s diamond ring AND my Dec 2017 $150 of Bitcoin punt, is now $973.96…. My encrypted invisibles riz up are doing better than diamonds. Gold no big time excitement shifting one national world bank pile to another in Fort Knox.
There we go friends tomorrow it may all be different again, when Putin nukes Kyiv or the Sun doesn’t come up tomorrow morning.
My bet is on neither as Trump will make sure neither happens!
^^^^^^^💯% correct 👍 🇺🇸🇺🇸🇺🇸
"Fiat money is a type of government issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender, and is authorized by government regulation. Since the end of the Bretton Woods system in 1971, the major currencies in the world are fiat money".
Bitcoin/Crypto's will be the "New Fiat' to take the smarter nations of world out of their current Bankruptcy status or it's another World War which no country can survive physically nor financially. War or Bitcoin? Buy the Dip!!!
Pretty good Steve, though I’d say a U.S. Federal Reserve Note is an I.OU. backed by nothing but a promise from an insolvent entity which has not got around to declaring bankruptcy just yet.
Convert decaying US fiat dollars into [as you put it], “…other tangible asset…”.
For a long time, the main export of the USA has been paper Treasuries. Another (Judy Shelton) scheme in the works is a plan involving issuing a 50-year duration Treasury Bond that would be convertible into gold.
Gulp,
Mark
Exactly brother!
Bill:
Good story about Argentina. Being born there I hope it continues to prosper. Many countries in the world. Including the U.S. should take notice. BTW, I lived. Under Peron.
AP
Just another turn in the cycle of government. As Condeitive said many years ago , there are cycles. He was put in jail. May have spelled His name wrong but He was from todays Russia.
His last name is spelled Kondratiev.
Hindsight is 20/20, but maybe we should've bet on Milei and considered investments in TGS, VIST, and YPF a year ago. I realize there's no income with these stocks (right now), but they're clearly some of the best performing energy stocks over this period. I still like VIST and YPF at current prices, just not sure how much more upside there is.
Yes brother Richard, and you have the opportunity not to be saying the same thing next year at this exact time about Bitcoin, Ethereum and Solana! Do some research on other useful crypto projects and put a few American Monopoly Dollars into something that will make you Rich…er 😊
What causes a nation to sink and decay?
Framing the innocent, Fratello Escuderi, and controlling the masses with laser microwave technology.
Javier Milei has the IQ of bird feed. This potty mouth wash soap bubble Argentinian casper lunatic is the “Mr. Lithium” of the East. Boom! Mushroom clouds, thank you very much, I’ll have another.
The Mind Control Drone Project is getting hot!
The masses want to know what is going on!?! 😂
A combination of large birds reflecting light, bright celestial bodies, weather patterns, ball lighting, high tech weather satellites, and the Great Horned Owl are responsible for the drone sightings, please believe that…hahaha!
It’s all nicely packaged in a laser microwave capsule ready to be disseminated to the masses!
The oceanic curvature of the Tomahawk missile destroys the stationary tanks. The hazardous leak cannot be flow prevented. The attic chill of the Penguin man soft tissues the cracked dome. A flattening send back to the Stone Age response is the only solution, is in it amazing?
It’s far too pessimistic to talk about the Argentinians forgetting about why all the cuts are necessary and reverting to wanting something for nothing.
This will not happen simply because the country and the economy is on an upswing and real wage paying jobs will become plentiful.
Indeed, even Elon Musk is reported to be looking for investment opportunities in Argentina.
Can we therefore agree that a virtuous circle is firmly in play?
Tom like to tell us how to get in on the "Direct Lending" option shown above?? Any particularly stocks or bonds that would work?? Tell us.