Major US stocks split on Argentinian exchange amid hyperinflation crisis
• Several major US companies like Apple, IBM, Netflix split their stocks this week - but only on the Argentinian stock exchange, not in the US
• This is due to extreme hyperinflation in Argentina - the peso is losing value rapidly against the US dollar
• For Argentinians, assets like foreign stocks act as stable value stores in the face of currency devaluation
• The author sees reminders of the severity of Argentina's inflation crisis in things like Netflix citing currency issues
• Takeaways importance of diversification, vigilance about global economic connections, value of assets like bitcoin or gold