Argentina’s Crisis Gets Kicked Down the Road, but at What Cost? by Wolf Richter • May 16, 2018 • 22 Comments The peso drops again, inflation surges, nothing is fixed.
Strange Things Are Happening in Mexico’s Banking System by Don Quijones • May 14, 2018 • 15 Comments Rumors and denials proliferate, as millions of pesos disappear.
Who’s Most Afraid of a Latin American Debt Crisis (Apart from Latin America)? by Don Quijones • May 12, 2018 • 37 Comments It’s not just countries that are at risk of contagion.
As US Dollar & Interest Rates Rise, All Heck Breaks Loose in Emerging Market Currencies by Wolf Richter • May 10, 2018 • 67 Comments When the “hot money” gets antsy, a currency crisis morphs into a debt crisis.
Mexican Consumers Demand End to Made-in-Mexico Death-Trap Vehicles by Don Quijones • May 7, 2018 • 56 Comments A question of lives and money.
WTF Just Happened to Argentina’s Peso? by Bianca Fernet • May 6, 2018 • 41 Comments Three interest rate hikes in one week, to 40%, imply the first two didn’t work, and the Central Bank is not in control.
The Oil Crisis That Can’t Be Stopped by Nick Cunningham • Mar 16, 2018 • 35 Comments Venezuela is “suffering the worst economic depression ever recorded in Latin America.”
Can New NAFTA End Systematic Wage Repression in Mexico? by Don Quijones • Feb 15, 2018 • 37 Comments The entrenched system works to the detriment of the overall economy. But who benefits?
Next Phase in Forcing Biometric Tracking on Consumers by Don Quijones • Dec 23, 2017 • 66 Comments Ironically, banks in Mexico lead the way.
In Legalizing Marijuana, Uruguay Trips over the Dollar, US Laws, and Global Banks by Don Quijones • Dec 18, 2017 • 21 Comments Why Drug Lords Love the Patriot Act.