Argentinian Peso is collapsing and President Macri is asking for greater contributions from exporters.
"I'm referring to those who export in Argentina, that your contributions are greater." (Aljazeera: https://www.aljazeera.com/news/2018...s-ministries-peso-plunge-180903140634925.html)
IMO the jurisdiction is collapsing. Despite the wonderful economics of the project, sovereign risk is now a huge factor. The next Argentinan election is on 27th October 2019 - I think a populist will take government and the pro-business agenda of Macri will leave with him.
I have reduced my position in light of this news.
IMO, DYOR.
General Discussion Banter GLN, page-99
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