Uruguay could be heading to recession because of the government's political stalemate

Friday, December 4th 2015 - 05:33 UTC

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Uruguay faces seven conditions which are creating a complex scenario and if they are not modified by government, it's most possible the economy is heading for a recession, according to economist Juan Carlos Protasi, a former central bank president. Read full article

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ChrisR
I have to agree with Protasi as I have been saying this for four years, once I understood what a profligate spender 'No Money Pepe' was.

Listening to his harridan wife La Tronca (the tree trunk - so apt) was his first mistake and thinking he knew better than anybody else was his second.

In El Pais this week it has just come to public knowledge that the budget this fucking arsehole 'presided' over is now 7,000 MILLION UY Pesos in the red! There are only 3.3 million of us in the country.

Mujica has stated the takes full responsibility for that. Perhaps he is going to sell his crap VW beetle for the stupid 'offer' that somebody made last year and pay it into the Central Bank. Yeah, that will square things: not.

The one thing that cannot be overcome in less than a full generation is the abysmal state of education due to the fucking around of the system by virtually every president they have had.

Quite how inexperienced Broad Fraud appointees think they now WTF they are doing just escapes me. I have several senior school teacher friends and they are all pulling their hair out with the level of idiocy that comes out of the so called 'Education Department'. It is even worse than the UK fuck-ups under the super-idiot Gove.

Without an educated AND motivated workforce no international investors are going to risk their money in Uruguay.
Dec 04th, 2015 - 12:01 pm - Link - Report abuse 0
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chronic
Poor Your-a-guava! lol. How's that labor union thing working for you?
Dec 04th, 2015 - 04:15 pm - Link - Report abuse 0
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ChrisR
@ 2 chronic

I have no idea what you mean.

What has a pink fruit got to do with anything?
Dec 04th, 2015 - 06:25 pm - Link - Report abuse 0
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