Tuesday, February 5, 2013

Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow | Zero Hedge

 

So to summarize: first capital controls, then a currency crisis, then expectations of sovereign default, then a rise in military tensions, and finally - price controls, after which all out chaos usually follows.

Study this sequence well: it is coming to every "developed" country near you in the months and years ahead.

But, as with every other hyperinflationary implosion, there is a silver lining: the stock market is soaring...

Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow | Zero Hedge

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