US embassy support for Argentina's move to orthodox economics

Tuesday, February 25th 2014 - 04:21 UTC

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The US embassy's business adviser in Buenos Aires, Kevin Sullivan, has welcomed negotiations between the Argentine government and Spanish corporation Repsol over the expropriation of YPF, as well as further talks with the Paris Club over the payment of outstanding debt commitments. Read full article

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British_Kirchnerist
These are moves to resolve some of the messes left by “orthodox economics”, not towards implementing it again as far as I can see. And it seems while Argentina has been reasonable (as expected by those not bubbling with hate towards it) these moves have been facilitated by concessions from the other sides as well - like most negotiations really. But as for the society Cristinita and her supporters want to build once they've finally bounded free from Repsol and the bondholders, don't hold your breath for it to be like the one the junta, Menem and their neoliberal “orthodox economics” screwed up in the first place...
Mar 02nd, 2014 - 11:43 pm - Link - Report abuse 0
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