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Take physic, pomp

So according to the North, Argentina is this nutbar, screwed-up country that’s going down the drains…

…right up to the moment when there’s big money to be made by going into JV on a bigass oil project with the State. And then it’s a good place to do business. Via Dan Cancel of Bloomie, here’s the link that explains how Chevron (CVX) and Argentine State oil company YPF have agreed to stick another 170 holes into the Vaca Muerta shale concession. 
Money talks, bullshit walks. Or put another way, while you’re reading bullshit on Argentina real money people are making big moves there. Think about it.

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