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#SovereignDebt

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Europe Says<p><a href="https://www.europesays.com/2149084/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2149084/</span><span class="invisible"></span></a> Africa Rating Agency Launches September <a href="https://pubeurope.com/tags/AfCRA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AfCRA</span></a> <a href="https://pubeurope.com/tags/%C3%81frica" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>África</span></a> <a href="https://pubeurope.com/tags/AfricanUnion" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AfricanUnion</span></a> <a href="https://pubeurope.com/tags/APRM" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>APRM</span></a> <a href="https://pubeurope.com/tags/business" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>business</span></a> <a href="https://pubeurope.com/tags/CreditRatingAgency" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CreditRatingAgency</span></a> <a href="https://pubeurope.com/tags/EconomicDevelopment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicDevelopment</span></a> <a href="https://pubeurope.com/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> <a href="https://pubeurope.com/tags/FitchRatings" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FitchRatings</span></a> <a href="https://pubeurope.com/tags/moody" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>moody</span></a>'s <a href="https://pubeurope.com/tags/S" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>S</span></a>&amp;P <a href="https://pubeurope.com/tags/SovereignDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SovereignDebt</span></a></p>
Europe Says<p><a href="https://www.europesays.com/2133108/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/2133108/</span><span class="invisible"></span></a> Fisher Investments Australia® Reviews Sovereign Debt Risks Down Under – Fisher Investments Australia® <a href="https://pubeurope.com/tags/australia" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>australia</span></a> <a href="https://pubeurope.com/tags/AustraliaDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AustraliaDebt</span></a> <a href="https://pubeurope.com/tags/AustralianDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AustralianDebt</span></a> <a href="https://pubeurope.com/tags/debt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>debt</span></a> <a href="https://pubeurope.com/tags/SovereignDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SovereignDebt</span></a></p>
Luís de Sousa<p>The <a href="https://mastodon.social/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UnitedStates</span></a> <a href="https://mastodon.social/tags/budget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>budget</span></a> <a href="https://mastodon.social/tags/deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>deficit</span></a> posted a new record last month, over 300 G$. In the first five months of the 2025 fiscal year it reached 1.1 T$. On the current trend, the deficit for this fiscal year is set to top 2.6 T$, over 𝟴% 𝗼𝗳 𝗚𝗗𝗣.</p><p>With a favourable 3% growth rate, GDP would be right on 30 T$ by the end of this fiscal year. Adding the projected 2.6 T$ to the 35.4 T$ at the end of 2024, <a href="https://mastodon.social/tags/SovereignDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SovereignDebt</span></a> would top 38 T$ by the end of 2025. Or 𝟭𝟮𝟳% 𝗼𝗳 𝗚𝗗𝗣.</p><p><a href="https://www.reuters.com/world/us/us-budget-deficit-trumps-first-full-month-office-reaches-307-billion-2025-03-12/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/world/us/us-budget</span><span class="invisible">-deficit-trumps-first-full-month-office-reaches-307-billion-2025-03-12/</span></a></p>

I am delighted to comment on this edifying graph produced by Robin Brooks, a Wall Street economist.

It shows that the value of the Argentine peso is tending towards zero. It's not the first time I've seen this.

How can anyone be so stupid as to believe that fertile soil, fresh water, minerals for centuries, roads, inland waterways transport, energy production systems, public institutions, including schools, universities, research bodies, hospitals, are worth ZERO?

How can someone who claims to be a guru say such nonsense?