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WhateverHappenedToNorman


				

				

				
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joined 2024 November 02 16:54:58 UTC
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User ID: 3324

WhateverHappenedToNorman


				
				
				

				
0 followers   follows 0 users   joined 2024 November 02 16:54:58 UTC

					

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User ID: 3324

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How would an Argentinian prepare for their fiscal dominance scenario if a time traveler warned them ahead of time?

What Argentinians have always done is to move savings to a stronger currency (which for us was USD, but for you it could be Swiss Francs, Gold or maybe Swedish Krona if you're feeling frisky), but access to global capital markets had been constrained until relatively recently to all but the wealthiest, in reality globally diversified equities that have good pricing power will probably index and do fine, so... Buy Mastercard?

Do you read Doomberg, by any chance?

Another point against oil is that I've seen made is that, as LNG becomes more popular, the dynamic could reverse in which oil becomes a sub product of gas extraction, keeping supply high even at low prices.