Category: Argentina

The rime of the Argent manager: Part 5, To him my tale I teach

18 March, 2016 (10:00) | Argentina, Capital markets, Collateral default, Economic policy, Global news, Hedge funds, International law, Observant Herd, Sovereign bankruptcy, US News | No comments

By: David A. Smith [Continued from yesterday’s Part 4 and the preceding Part 1, Part 2, and Part 3.] As yesterday’s post ended, the Argent ship of state had replaced its economically mad captain, charted a course back to the more temperature political climes, and repented (legislatively, anyhow) of its previous seizures. But ere my […]

The rime of the Argent manager: Part 4, And I blessed them unaware

17 March, 2016 (10:00) | Argentina, Capital markets, Collateral default, Economic policy, Global news, Hedge funds, International law, Observant Herd, Sovereign bankruptcy, US News | No comments

By: David A. Smith [Continued from yesterday’s Part 3 and the preceding Part 1 and Part 2.] As we’ve seen up to now, under a series of Peronista captains, culminating in the election of the marvelously incompetent Cristina Kirchner de Fernandez, Argentina had consistently charted a course away from the financial markets, away from sound […]

The rime of the Argent manager: Part 3, Nor any drop to drink

16 March, 2016 (10:00) | Argentina, Capital markets, Collateral default, Economic policy, Global news, Hedge funds, International law, Observant Herd, Sovereign bankruptcy, US News | 1 comment

By: David A. Smith [Continued from yesterday’s Part 2 and the preceding Part 1.] By the time Cristina Kirchner Fernandez became Argentina’s president, succeeding her husband Nestor as the heir to the Peronista legacy of charismatic populist innumeracy and cavalier disregard for the laws of financial gravity, she was already thoroughly indoctrinated with the pleasure […]

The rime of the Argent manager: Part 2, And I had done a hellish thing

15 March, 2016 (10:00) | Argentina, Capital markets, Collateral default, Economic policy, Global news, Hedge funds, International law, Observant Herd, Sovereign bankruptcy, US News | No comments

By: David A. Smith [Continued from yesterday’s Part 1.] As we saw in Part 1 setting straight the record on Argentina’s landmark, nay remarkable, escape from the financial doldrums and return to financial civilization, a century ago the country’s future was as bright as any in the world (with the possible exception of America) … […]

The rime of the Argent manager: Part 1, Now wherefore stopp’st thou me?

14 March, 2016 (10:00) | Argentina, Capital markets, Collateral default, Economic policy, Global news, Hedge funds, International law, Observant Herd, Sovereign bankruptcy, US News | No comments

By: David A. Smith How a Ship having passed the Line was driven by storms to the cold Country towards the South Pole; and how from thence she made her course to the tropical Latitude of the Great Pacific Ocean; and of the strange things that befell; and in what manner the Ancyent Marinere came […]