by Dour looking group taking a victory lap:?? MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS"The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation.Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years.This historic… https://t.co/uszEgPd493 pic.twitter.com/nt5jJGQM1V— Mario Nawfal (@MarioNawfal) December 11, 2024 Their equity market index responding favorably….But they have been drastically reducing their risk free rate at the same time:
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Dour looking group taking a victory lap:
?? MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS
"The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation.
Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years.
This historic… https://t.co/uszEgPd493 pic.twitter.com/nt5jJGQM1V
— Mario Nawfal (@MarioNawfal) December 11, 2024
Their equity market index responding favorably….
But they have been drastically reducing their risk free rate at the same time:
