Capital flight in Argentina averages record 2 billion USD per month

Wednesday, July 29th 2009 - 12:32 UTC

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Capital flight from Argentina has reached proportions similar to those of 2001, according to economist Rodrigo Alvarez from consultants Ecolatina. He warned it was imperative for the government to restore confidence given the overall perception that “there is a limited capacity to solve problems”. Read full article

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Bubba
The K's will let the capital flight run the course as Nestor did in 2002. Then the Argentine people, not the sindicatos or the socialists, will reach down deep inside and pull this great country back from the abyss again. The only problem is the people believe in the K's instead of believing in themselves.. Once realized and the royal couple have been exiled, Argentina can get back to being Argentina, not Venezuela or Brazil..
Jul 29th, 2009 - 05:12 pm - Link - Report abuse 0
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