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> Another Bagger ally of Trump bites the dust in S America. Paraguay's Santiago Peña resigns after collapse of Ueno Bank wipes out savings for half the population

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#1 Yesterday 19:20:56

Another Bagger ally of Trump bites the dust in S America. Paraguay's Santiago Peña resigns after collapse of Ueno Bank wipes out savings for half the population

https://www.ft.com/content/1407c45e-976 … 25a6b1a6=1

Peña was an early investor and big cheerleader until he cashed out

"Ueno secured a banking licence in 2023, two months after Peña had appointed its former boss Carlos Carvallo as head of the central bank. Carvallo resigned on Tuesday.

Acha said: “For 25 years there were no politicians appointed to those positions, only technical experts, and this government came in and started changing that.”

Baggers El Salvador, Ecuador. and Colombia are next....

snicker

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#2 Yesterday 19:24:23

Re: Another Bagger ally of Trump bites the dust in S America. Paraguay's Santiago Peña resigns after collapse of Ueno Bank wipes out savings for half the population

Yep, the Jew World Order is coming to an end.

Even Argentina is collapsing.

So much for a Greater Israel in Latin America.

Argentine global bonds are heading for their worst week in over a year as a global retreat from risk collides with growing investor anxiety over next year’s presidential election.
The benchmark 2035 note lost more than three cents on the dollar, pushing the yield to 13.77% on Friday from 12.67% at the end of last week. The extra yield investors demand to hold Argentine debt over US bonds widened almost 140 basis points to 928 — more than double its July low — in the first four days of the week, according to a JPMorgan index.

This week’s rout accelerated a reversal that has been building since July, when Argentina’s country risk touched an eight-year low of almost 400 basis points and investors were anticipating a return to international capital markets. The government ultimately opted against issuing foreign debt, and the benchmark 2035 bond has lost almost 20 cents since then.

“Price action has been bad this week, but this is not news — it is a continuation,” said David Austerweil, a portfolio manager at VanEck. “There is a setup for a perfect storm for Argentine risk, and we still have a long way to go before the Argentine election.”

Argentine markets were closed Friday for a bank holiday, though the bonds pared some losses in New York trading. A spread of 1,000 basis points to US bonds is commonly seen as the threshold for distressed territory.

Bloomberg.

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#3 Yesterday 20:45:03

Re: Another Bagger ally of Trump bites the dust in S America. Paraguay's Santiago Peña resigns after collapse of Ueno Bank wipes out savings for half the population

bump

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#4 Yesterday 22:28:07

Re: Another Bagger ally of Trump bites the dust in S America. Paraguay's Santiago Peña resigns after collapse of Ueno Bank wipes out savings for half the population

wrote:

https://www.ft.com/content/1407c45e-9765-44cc-95ce-4c5a9dc93fc2?syn-25a6b1a6=1

Peña was an early investor and big cheerleader until he cashed out

"Ueno secured a banking licence in 2023, two months after Peña had appointed its former boss Carlos Carvallo as head of the central bank. Carvallo resigned on Tuesday.

Acha said: “For 25 years there were no politicians appointed to those positions, only technical experts, and this government came in and started changing that.”

Baggers El Salvador, Ecuador. and Colombia are next....

snicker

https://www.facebook.com/TheGenesisPriz … 792370389/

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#5 Yesterday 22:33:33

Re: Another Bagger ally of Trump bites the dust in S America. Paraguay's Santiago Peña resigns after collapse of Ueno Bank wipes out savings for half the population

wrote:

https://www.facebook.com/TheGenesisPrize/posts/president-of-paraguay-santiago-pe%C3%B1a-didnt-just-inherit-his-countrys-80-year-long/1464481792370389/

Didn't help him much did it?

I love how they came to his rescue

I wouldn't be surprised of the Israelis are the one that took the lion's share of the Ueno Bank loot

snicker

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