The resignation of Luis Caputo to the Presidency of the Central Bank of Argentina (BCRA), which has been reflected with surprise by the international media, occurs amid the trip of the Argentine President, Mauricio Macri, to New York to attend the Assembly General of the UN and with the mission of restoring the confidence of the international market in the Argentine economy. His predecessor, Guido Sandleris, receives a Central Bank when it is about to close an agreement with the International Monetary Fund (IMF). Read full article
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Disclaimer & comment rulesHe won't last longer than Caput. Macri's destroying machine (as every-argentine-thing) will menoscavate to the last economic doing, until his orange friend will destroy the world.
Sep 25th, 2018 - 11:23 pm - Link - Report abuse 0Another step in the continued and painful deterioration prompted by the latest neo-liberal experiment in Argentina.
Sep 26th, 2018 - 03:21 am - Link - Report abuse -2Mauricio gato Macri represented Argentina's most rancid oligarchy hopes of gaining the hearts and the minds of the Argentines for a firm hold in power for the next millennium.
Unfortunately, the unbridled greed of officials and their manifest inability to conduct public affairs has gotten the best of Macri's best team in the last 50 years.
It is now a matter of time for the Macri government to end, but in a show of maturity, most Argentines want Macri to finish his term.
Amazingly, the most likely to deal a merciful last blow to this agonizing government would be what was supposed to be its first ally: the markets. It was the markets that made the floor shake under Macri's feet during the last run on the peso. And it will be the markets who will assume the executioner's role.
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