MercoPress. South Atlantic News Agency

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  Enrique Massot

  Here's the real, sad and accurate picture of Argentina's real economy after 3.5 years of government by Mauricio Macri, still presented today as a “market-friendly” politician who has conducted a scorched-earth approach that is driving all productive sectors in a nose-dive fall.
  
  Without having endured a war or suffered an unusual catastrophe, Argentina has, in just over three years, lost most of what made its economy work.
  
  Let's see now whether cheerleaders such as Zaphod rear their head to repeat their tired argument: “things aren't actually that bad,” and if anything is down is “the fault of the previous government” -- as if Macri hadn't been at the helm for almost four years now.
  
  Seeing the picture above, one may understand why the ticket Fernandez-Fernandez is way up in the opinion polls -- even with its flaws, the Kirchner governments did attempt to create a dynamic economy based on fair wages and income re-distribution that created a virtuous cycle allowing the markets to grow -- just the opposite of what's happening right now.
  
  Which means that, after only four years of yet another neo-liberal experiment, Argentina must, like it did in 2003, get a “populist” government in place so that it can start a painful process of recovery, all the while facing the huge payments in debt servicing that will be the “heavy inheritance” left by this incredibly incompetent government.

  May 27th, 2019 - 04:14 pm - Link - Report abuse -1
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  golfcronie

  Obviously Argentines have such short memories. Is there nobody in the country that can pull Argentina out of the mire without “ creaming off the top ”?Maybe you need someone strong “ perhaps the military ”

  May 29th, 2019 - 10:59 am - Link - Report abuse +1
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  Enrique Massot

  GC
  
  “Perhaps the military.”
  
  Of course. That's as far as this intellectually challenged character can see.
  
  Funny, for GC and his ilk, four years ago Cristina Fernandez was the maker of everything bad in Argentina.
  
  Now, because the president happens to be someone of his ideological liking, GC and others blame “the Argentines” for the current crisis. Nobody is in charge in GC's myopic view -- no Macri, no government, nada. It's just “the Argentines” who don't know any better.
  
  Let's see after December who GC and his friends will blame for all that does not work well.

  May 30th, 2019 - 03:52 am - Link - Report abuse 0
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  :o))

  REF: “New setback for Argentina's economy shown in leading report”:
  
  Looks like someone has a lot of sense of humor and + a lot of time to waste; actually to publish a “REPORT”?

  May 30th, 2019 - 06:02 pm - Link - Report abuse 0
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