Pensions way behind inflation, admits Argentine bureau chief

Thursday, October 11th 2018 - 16:47 UTC

Full article 3 comments

Argentina's Pensions Bureau (ANSES) Director Emilio Basavilbaso Wednesday acknowledged that inflation has rapidly outpaced what senior citizens collect monthly. Read full article

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RICO
That is odd there was no inflation under the last President. It is INDECisvive to claim otherwise.
Oct 11th, 2018 - 07:11 pm - Link - Report abuse +1
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bushpilot
That is not good.

What is up with this country and inflation? Where does it come from and why haven't they already fixed something that's been screwing them for years?

Do they flood the market with too much printed money? Do they flood the market with too much borrowed money?

Do too many people get free “inclusion” subsidies with not enough actually doing anything?
Oct 11th, 2018 - 10:06 pm - Link - Report abuse 0
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Enrique Massot
Ah, the delight of Cambiemos yellow balloons, the broken promises and hypocritical comments as those of Basavilbaso.

Mauricio Macri's 'best team of the last 50 years' is made up of former employees who were perhaps good while being employed by financial institutions and large corporations.

However, they don't have a clue about conducting a country's business.

They came and merged their greed to their little abilities, and the result has been disastrous. With most of their energies used to create good business opportunities for themselves, they had little time for public service.

The Macri government will go down in history as the team that did the most damage in the shortest period. Their inheritance will be hard to fix.
Oct 13th, 2018 - 02:53 am - Link - Report abuse -1
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