Argentine Stocks Continue Crash After Last "Moderate Voice" Resigns Writer at ZeroHedge • Oct 2, 2014 at 2:05 PM EDT The Argentina MERVAL stock index is down 16.5% since yesterday's news of the resignation of the last voice of reason among Argentina's policy-makers. As we noted previously, "this is not a good sign" and indicates a worrying escalation in the chances of hyperinflation..
The Argentina MERVAL stock index is down 16.5% since yesterday's news of the resignation of the last voice of reason among Argentina's policy-makers we noted previously, "this is not a good sign" and indicates a worrying escalation in the chances of hyperinflation..
This is the MERVAL's worst 2-day drop in 6 years.
"Fabrega was perceived to be a moderating voice and someone that really understood financial market dynamics."
What some money-printing gives, too much money-printing takes away...
Copyright ©2009-2013 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage the site: they're updated constantly without notice.
More 
Comments
Log in or sign up to join the conversation.