By grabbing $26 billion in private pension money last month, Argentina may have put itself on track for its second debt default in a decade – ironically, the very situation that country’s government had hoped its bit of leisure-fund larceny had hoped to avoid.

Paulson throws the markets a curve…  Goldman says to buy the yen…  RBA intervenes to protect the AUD$…
China provides support to commodities… And Now… Today’s Pfennig!