MercoPress. South Atlantic News Agency
The Trouble with Argentina’s Economy
With sustained economic growth, Argentina would be able to avoid another debt crisis. Although there are no silver bullets to put the economy on a more stable path, changing current macroeconomic policies would at least give the country a chance. Read full article
Comments
Disclaimer & comment rulesScrub the cultural pathos.
Apr 11th, 2019 - 01:46 pm - Link - Report abuse -1The real trouble with the Argentine economy is some 45 million Argentines that simply can't stop f-ing up their own country. It's an addiction as much as a tradition.
Apr 11th, 2019 - 06:21 pm - Link - Report abuse -1The real trouble with today's Argentine economy is not “some 45 million Argentines” or with the “cultural pathos” as both disingenuous poster above suggest.
Apr 12th, 2019 - 03:33 am - Link - Report abuse -1The problem is to have handed the power to a gang of rich boys who do not know very well what they are doing while toying with the country's economy with free market, globalist ideas totally out of sync with what most countries are doing right now.
Even worse: Mauricio Macri appears to have inherited nostalgic landowner views of his maternal, Blanco-Villegas side, rather than the industrialist views of his recently deceased father, Franco Macri. Hence the butchering of the domestic productive sector, the close destruction of Argentina's incipient R&D, while the agri-export sector saw most of its export taxes dropped during Macri's first days in office.
But hey, is Macri going to take responsibility for taking the country to the edge of default in just three years?
Not, of course. Just as the two characters above, he blames the masses of the unwashed.
Nothing new under the sun.
Reeeeeeeeeeeeeeeekie reaffirms his delusion.
Apr 12th, 2019 - 10:08 am - Link - Report abuse 0C:
Apr 12th, 2019 - 04:24 pm - Link - Report abuse -1Go do some reading, boy. It won’t hurt you, I swear.
Reading something besides Marxist theology probably wouldn't hurt you either.
Apr 13th, 2019 - 12:55 am - Link - Report abuse +1And for all your “reading”, you cite none of it.
45,000,000 million + Reeeeeeeeekie afflicted with Munchhausen Syndrome.
Apr 13th, 2019 - 05:21 am - Link - Report abuse 0@EM
Apr 13th, 2019 - 10:05 pm - Link - Report abuse +1“free market, globalist ideas totally out of sync with what most countries are doing right now.”
Shouldn't the similarities between Trump and CFK worry you just as much as those idiots you're arguing with?
DT, are still ashamed of your land of origin?
Apr 14th, 2019 - 05:08 am - Link - Report abuse 0EM
Apr 20th, 2019 - 02:37 pm - Link - Report abuse +1“....while toying with the country's economy with free market, globalist ideas totally out of sync with what most countries are doing right now.”
Sounds like you don't like the idea of a free-market....strange, because 1) you live in a free-market (Canada), and by what I can tell, you love it ; 2) if a 'free-market' (the aim of which is to get the private sector to stand on its own two feet) ain't the solution, what is, in your opinion ? Perhaps a closed economy, with protectionist policies, 'n dominated by State-owned companies ? (which usually lead to inefficiency and high prices).
While 'globalism' may have its advantages, in that it theoretically opens up world markets,
it is a concept pushed by leftist-liberals (your mentors) - and unfortunately, at least until very recently, regarded as the salvation of the world....look at the 'modern globalism' model in the EU - economic and political integration (not to mention mass-migration), now being questioned. Seems the whole system needs some serious re-thinking.
“But hey, is Macri going to take responsibility for taking the country to the edge of default in just three years?”
Funny that you are so critical of Macri (not totally without reason), yet you defend Lula “for taking Brazil to the edge of default” in just a bit longer (than 3 years).
Current problems, in both Argentina (which has a sad history of one crisis after the other) and Brazil, are not the result of recent events which just happened overnight....they were the consequence of concerted efforts (in the wrong direction) over a number of years.
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