#misconceptions

 That is not the point. The CIA has no agenda. They have an official mandate that results in a mission, but behind the wording they are free-of-judgement vehicle for a bunch of Frat Boys and their Clans being way to stupid to not being caught or even seen, heard, talked about.

That goes from Senate hearings to drug dealing... and is an impressive potpurri of criminal actions that go either unpunished or are returned eye for an eye by as ruthless other organizations.

The CIA also keeps fighting each other. Not only did they fight the DEA in the War on Drugs or the U.S. Army in about every conflict including WW2, but also just lesser known each other.

There is a great chance that someone working or affiliated to The Firm, the White Collar Crime wing of the CIA, sponsored massively the anti Euro party and another person managed to turn them into a what can be called populist right wing conservative nationalist party just as the Green Party was turned from an ecologic ultra liberal 70ies utopists party to a collective of teachers, social workers and "beauftragten" that hand out like CSU state payed positions across the administration. 

The first guy must have wanted to end the Euro for a Swedish, Austrian, German currency Union to do a Soros Vs Argentina. A misconception:

No, George Soros did not make money by speculating against the Argentine currency, nor did he cause Argentina's economic crises.

While Soros is famous for "breaking the Bank of England" by shorting the British pound in 1992, his involvement with Argentina has been entirely different. In fact, historical records show that he actually argued against devaluing the Argentine peso and later made money by investing in Argentine assets rather than betting on their collapse. [1, 2, 3, 4]

 

The idea that Soros collapsed the Argentine economy stems from a mixture of historical confusion and broader political narratives:
 

## 1. Publicly Opposed Peso Devaluation
During the late 1990s, when Argentina’s fixed exchange-rate system (which pegged the peso 1-to-1 with the U.S. dollar) faced immense pressure, Soros explicitly stated that currency devaluation was not an option for Argentina. Although he noted that the peso was overvalued, he argued that the country should fix the issue by making its economy more efficient and reducing corporate taxes, rather than abandoning the peg. [2, 5] 
 

## 2. The Real Causes of the 2001 Crisis
Argentina’s devastating 2001 economic collapse was caused by internal structural issues and macroeconomic traps, not external speculators. The primary drivers included: [6, 7] 
* The Currency Board Trap: The rigid 1-to-1 dollar peg made Argentine exports highly uncompetitive globally.
* Severe Debt Accumulation: Severe fiscal deficits forced the government to rely heavily on unsustainable foreign borrowing.
* A Massive Bank Run: The crisis peaked when citizens realized the central bank lacked the physical U.S. dollars to back their deposits, triggering a massive bank run that forced the government to freeze accounts (the corralito). [6, 7, 8, 9, 10] 
 

## 3. Profiting from Recovery, Not Collapse [2] 
Instead of shorting the currency, Soros's family office fund, Quantum Partners, took the opposite approach after the 2001 default. They purchased defaulted Argentine government bonds on the cheap, betting that the country would eventually stabilize and repay its obligations. This long-term investment yielded a massive profit years later when Argentina settled its debts with international creditors. [1] 
 

## 4. Confusion with the British Pound Trade [11] 
The misconception often arises because critics conflate Argentina's economic woes with Soros’s famous 1992 trade against the UK. In that instance, Soros spotted a fundamental flaw in the European Exchange Rate Mechanism and aggressively shorted the British pound, forcing the UK government to abandon its currency peg. He never executed a similar "speculative attack" against the Argentine peso. [2, 3, 12, 13, 14] 
If you would like to explore this topic further, please let me know. We can look into how the 1-to-1 dollar peg worked, the legal battles between Argentina and holdout hedge funds, or how Soros's financial strategies compare to modern-day investors in Argentina. [1, 15, 16, 17] 
[1] [https://markets.businessinsider.com](https://markets.businessinsider.com/news/stocks/george-soros-predictions-and-how-they-turned-out-2019-5-1028219179)
[2] [https://www.wsj.com](https://www.wsj.com/articles/SB92784443674973927)
[3] [https://www.investopedia.com](https://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp)
[4] [https://www.facebook.com](https://www.facebook.com/dw.espanol/posts/dw-verifica-la-figura-del-fil%C3%A1ntropo-george-sorosen-redes-cuentan-que-george-sor/701422352024565/)
[5] [https://www.elibrary.imf.org](https://www.elibrary.imf.org/display/book/9781589063808/ch001.xml)
[6] [https://openknowledge.worldbank.org](https://openknowledge.worldbank.org/entities/publication/f2d65dac-fecc-5f39-b180-654ce710aaca)
[7] [https://eprints.lse.ac.uk](https://eprints.lse.ac.uk/123236/1/63fef5d8dda96.pdf)
[8] [https://documents1.worldbank.org](https://documents1.worldbank.org/curated/en/411111468768684008/pdf/wps3322.pdf)
[9] [https://www.brookings.edu](https://www.brookings.edu/wp-content/uploads/2016/06/11_argentina_kiguel.pdf)
[10] [https://financialservices.house.gov](https://financialservices.house.gov/media/pdf/107-52.pdf)
[11] [https://www.investopedia.com](https://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp)
[12] [https://impact.hkubs.hku.hk](https://impact.hkubs.hku.hk/the-resurgence-of-economic-woes-in-argentina/)
[13] [https://www.wsj.com](https://www.wsj.com/articles/SB10001424052702304007504579348681775182714)
[14] [https://www.mesirow.com](https://www.mesirow.com/currency-viewpoints/argentinas-40-billion-lifeline)
[15] [https://fortune.com](https://fortune.com/2025/10/12/scott-bessent-argentina-big-gamble-soros-hedge-funds-history/)
[16] [https://www.chicagofed.org](https://www.chicagofed.org/publications/chicago-fed-letter/1999/june-142)
[17] [https://www.analysisgroup.com](https://www.analysisgroup.com/Insights/cases/argentinian-economic-crisis/)

 

Because who ...

 

The Rare Exceptions: How an Investor Could Profit

An investor would only profit from an Argentine devaluation if they anticipated the crash and utilized highly specific, sophisticated financial strategies:

1. Shorting the Currency via Derivatives

To profit directly, an investor would need to use derivative markets to bet against the peso. This is typically done through Non-Deliverable Forwards (NDFs) or futures contracts traded on local exchanges like the Rofex.

How it works: The investor agrees to a contract to sell pesos at a fixed rate in the future. If the peso crashes below that rate, the investor pockets the difference in U.S. dollars.

2. Holding "Dollar-Linked" or Hard-Currency BondsIf an investor wanted to stay exposed to Argentina but protect themselves from a devaluation, they would buy dollar-linked bonds or international law bonds denominated strictly in U.S. dollars. When the peso devalues, the principal value of a dollar-linked bond scales upward to match the devaluation, preserving the investor's purchasing power in hard currency.

3. Investing Exclusively in Export-Heavy GiantsA devaluation makes a country's exports incredibly cheap and competitive on the global stage. An investor heavily backed into Argentine agricultural exporters (like major soy or grain producers) might see those specific companies thrive. These businesses pay their operational costs in cheap, devalued pesos but earn their revenues in strong U.S. dollars from global market 

Bruce Wallace argued with a Morgenstern and very solid Sword in ever conversation about how to conduct business around him never being shy of such an exchange of clarifying reasoning with whom ever there may have come up seeking dispute.

He was called a Rebel after he made is point, finally. While alive that was not that united and differed a very lot.

This is Europa. That's how we role. Until his Kingdome come and not one split second shorter.

PS: Those who are given up for dead often live longer. Legends never die. 

#noblessoblige 

#cyberpunkcoltoure 

 

PPS: In minute 20 he tells about having given his child a certain medication to later find out that the advert was a hoax. He calls that an attack against his child. That is wrong, it was an attack against his wallet and his child was the collateral damage. Profit over people.

Missing Cause and Action is typical for those having been awake and vigilant and telling to be so in our School system, that is so according to Plato and thereby an insult against our European values and traditions as such.

They should not exist.