Argentina: Gerardo Morales runs for president, calling for more issuance and debt default in pesos

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The maximum referent of national radicalism did not hesitate to affirm that he would default all the commitments in pesos assumed by the State if elected president.

The measures put banks and savers at risk and generate more uncertainty.

The Governor of Jujuy, Gerardo Morales, officially launched himself as a presidential pre-candidate representing the most leftist sector of radicalism.

His outlandish statements aroused uncertainty among investors and savers, given . . .

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