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Argentina Economic Collapse as Inflation Hits 103%, Drought, Peso Crash, Debt Default & IMF Stalling
ARGENTINA is facing ECONOMIC MELTDOWN as Inflation hits 103%, the country is in the middle of a 3 year DROUGHT, the PESO has Crashed in value and the IMF is stalling on the Record Breaking $57 BILLION Bailout Deal which is needed to service its debt and to fuel the Economy. In this video I provide more background on how Argentina ended up in this position and discuss the outlook for the next 3 to 6 months and the impact on the Global Economy.
Chapters:
0:00 Intro
4:31 ARGENTINA
5:27 INFLATION
7:56 INFLATION COMPARISON
9:59 DROUGHT
11:59 DEBT
14:31 PESO
16:27 DOLLARIZATION
17:42 CURRENT DEBT
20:05 SUMMARY & CONCLUSION