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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (48156)5/30/2012 11:17:34 AM
From: Dennis 3  Read Replies (1) of 78748
 
"since I decided that Argentina at this point is un-investible at (almost) any price."

Are you concern that Argentina has grown so much that they are due to a slowdown?

From 2002-2011 I see substantial growth in GDP and it seems they have done this with little foreign investment. They are renationalizing YPF to protect and increase their trade surplus since they are not able to get favorable borrowing from international markets. Oil and gas imports have doubled in the past few years.
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