IKN

idle and fond bondage

Peru: Considering the market reaction to the political crisis…

…this morning, this desk cannot help but think those merry ladies and gentlemen on Wall St. are underestimating the potential dangers of what’s going on.

Hey, hope I’m wrong, fortune favours the brave and all that, but buying this dip simply because “it’s another political crisis” and they don’t matter in Peru may be a big mistake. Hopefully nobody ever finds out, it all amounts to a hill of beans and IKN just gets accused of playing at Cassandra again, but that doesn’t change the fact that right now, with no Head of State or any semblance of executive government, Peru is whistling past the graveyard.

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