IMF praise for Argentina's measures... but forecasts 'mild recession' this year

Monday, January 25th 2016 - 10:19 UTC

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Despite the austerity policies that have been implemented by the government of President Mauricio Macri, Argentina will see a bigger than expected recession this year, the International Monetary Fund (IMF) said in a new report. The economy is set to decline 1% this year, a drop that is 0.3 percentage points larger than the previous forecast that the IMF had released in October. Read full article

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chronic
As Macaroni attempts to drive the crippled rottingroadkillian economy uphill - the grade steepens as a global recession reemerges.

This coupled with a loss of competitive traction due to rottingroadkill's almost exclusive focus on commodity production without adding further value yields an insurmountable loss of traction.

Rottingroadkill is going backwards - quickly.
Jan 25th, 2016 - 05:38 pm - Link - Report abuse 0
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Enrique Massot
#1 chronic
And what do you care?
Judging by the insults you keep repeating ad nauseam, you hate Argentina and Argentines, so why are you offering smug comments about the importance of adding further value etc. etc?
From your standpoint Argentina will go down anyway, so it's strange to see your sick fascination by what happens there.
Perhaps too much free time.
Jan 26th, 2016 - 01:47 am - Link - Report abuse 0
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chronic
Reeeeeeekie, go home and enjoy the fruits of the epoch of Kswine governance and your rottingroadkillian culture.
Jan 26th, 2016 - 01:23 pm - Link - Report abuse 0
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