Who Exactly Exploits Argentine Peso’s Plunge?
Even HSBC, which knows a thing or two about the world, is bailing out.
Center of a secretive financial web spanning the entire globe.
It shakes the whole foundation of investing internationally.
As Petrobras’ troubles just get worse, Brazil suddenly sees the private sector.
Because manipulation suddenly stopped?
“Crony Hung in Own Noose” is the headline we’d put on the story. Trouble is the noose is tightening on us all.
Liquidity is “crammed into the system.” Government says “buying stocks is patriotic.” Insiders go hog-wild.
“If you ain’t cheating, you ain’t trying.”
Even the IMF becomes a doom-and-gloomer on Brazil.