Saturday, January 25, 2014

Cry for me Argentina.

Cry for me Argentina,for devaluation of your currency make stock market drop,hence,plenty of crying because of Argentina.But maybe YPF(an oil company) in Argentina just might made investors smile.A few weeks ago,Barron's did story on YPF,it minor headline was" YPF shale-oil and shale gas could be worth three times te stock's current quote.The Argentine government has a big stake in it success." Although it should be added President Cristina Kircher is a Maxist,I don't know if she is still the President(think she might has step aside temporarily because of health) but her party is still in power and rip off a Spanish company which owned part of YPF.
Venezuela a trouble land because Maxist rule:first toilet paper in short supply,now gasoline once so cheap government may raise prices.Maybe some day people learn the schools are full it(and don't smell too good or look to good) that Maxism works for common good,for it's hurts the weakness in society,indeed,Maxism is cancer on society.

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