Argentina is not under a military coup. There're no tanks and...

Argentina is not under a military coup. There're no tanks and shooting in the streets. Living conditions are better than many Asian countries. President Macri ask the IMF for loans, the loans are in US dollars. The interest is in US dollars, the repayments on the loans from the economy is in Peso. With the falling peso, inflation is increased. Nothing to do with exports, imports, trade or mining. The president is head of 24-26 provinces. Sdv is under one province govt.( in Australia it's a state). The politics is to do with imf borrowing and policies to deal with povery/ inflation.
Gxy sp is to do with shorting, nothing to do with Argentina govt. Trolls will be trolls.


There maybe a possible turn in world economy to do with oil. Too much supply, collapse of shale and oil sand. Fracking. Refinery cost increase. The employment related to ICE industry. A movement into renewables is based on economics. There was the type writer and industry related, they were replaced by computers. Same with EVs. Fuel cost will increase at the refinery, with every EV on the market, cost per litres will go up. Cheaper oil will kill exploration and rig counts. Shale, fracking and oil sand will cease, economy under these will stop. Auto parts suppliers will also suffer. US tariffs will only mean companies will manufacture outside of China. No different to 20-30 years ago. Only made in sticker is different. Once the autos setup EV manufacturing lines, they cannot go back to ICEs.