Argentine peso and markets plunge after shock vote

[sandensea]

3. Exactly. Macri adopted Bushonomics - and now seems shocked it led to a Bush-style crisis.

Though I might add that Macri and his coterie have profited quite handsomely from their own debacle:

3000% utility rate hikes? He and his friends are major shareholders.

70% short-term bills? Another gut-punch to the economy but a nice gift to banksters (major backers of theirs).

Three steep devaluations? More economic grief - but dollar-denominated assets benefited (plus, Macri officials and family were caught buying futures ahead of time).

It would be nice if whenever the business press said "market reforms," it didn't mean writing yourself a yooge check at everyone else's expense.

No wonder Cheeto's so impressed with the guy.