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<strong>Why Argentina Needs Bailout After Bailout After Bailout</strong>
It now has a formal name: “The great debasement trade.” It’s a catchy term for all manner of investor hairpulling about runaway deficits and the dollar’s threatened primacy — and an apparent flight for refuge that means shunning sovereign debt and related currencies, and snapping up precious metals, crypto coins and other shiny stuff instead.
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