Argentine presidential candidate and ex Economy minister Roberto Lavagna said that the country needs “a national unity government” to overcome the current situation and it's no option having to choose between “bad and worse”. Read full article
If your politicians were not so corrupt maybe,just maybe, other countries would invest. You can't expect countries or corporations to invest when they see corruption on an industrial scale.I was going to buy land years ago in Argentina but my then wife persuaded me not to. And she was Argentine.
Argentina must swallow her pride and do some not so difficult things:
Make the national currency the dollar like Ecuador, Panama and El Salvador have is a first step. The second is to tighten belts and cut government expenditure. The third is to have a modern, efficient a legal system capable of cracking down on corruption and labor union.
abuse quickly.
If Argentina tried to swallow its pride it might choke.
“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” [For peso conversion, add a lot of noughts,]
Pipino, the US seems happy enough despite spending a cool $1,109,000,000,000 more than they took in last year. Perhaps they are heading for the same place as Argentina, in the end?
Viejopatagon, the cuts you suggest are only likely to worsen government services, including the legal system. Making improvements to anything generally costs money, which is rather the problem with following the IMF's edicts...
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Disclaimer & comment rulesIf your politicians were not so corrupt maybe,just maybe, other countries would invest. You can't expect countries or corporations to invest when they see corruption on an industrial scale.I was going to buy land years ago in Argentina but my then wife persuaded me not to. And she was Argentine.
Sep 09th, 2019 - 12:32 pm - Link - Report abuse +1Argentina must swallow her pride and do some not so difficult things:
Sep 09th, 2019 - 02:15 pm - Link - Report abuse 0Make the national currency the dollar like Ecuador, Panama and El Salvador have is a first step. The second is to tighten belts and cut government expenditure. The third is to have a modern, efficient a legal system capable of cracking down on corruption and labor union.
abuse quickly.
If Argentina tried to swallow its pride it might choke.
Sep 09th, 2019 - 06:34 pm - Link - Report abuse 0“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.” [For peso conversion, add a lot of noughts,]
Pipino, the US seems happy enough despite spending a cool $1,109,000,000,000 more than they took in last year. Perhaps they are heading for the same place as Argentina, in the end?
Sep 10th, 2019 - 08:44 am - Link - Report abuse 0Viejopatagon, the cuts you suggest are only likely to worsen government services, including the legal system. Making improvements to anything generally costs money, which is rather the problem with following the IMF's edicts...
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