By Andrés Velasco (*) - Argentine voters are no strangers to financial turmoil, but they keep electing politicians who run large fiscal deficits and finance them by printing pesos. Could it be that the only way for politicians to show they want to save the economy is to destroy it first? Read full article
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Disclaimer & comment rulesA very interesting article, unless you’re a Peronist.
Jul 28th, 2022 - 12:27 pm - Link - Report abuse 0‘It takes a certain talent for a commodity exporter to engineer a balance-of-payments crisis during a commodity boom.’
Yet when Pres Fernandez went to the G7 meeting, where food and energy were top of the agenda, he refused to talk about them because of the Malvinas.
The current world shortage for both of those should be a big opportunity for a country like Argentina, but no, they will end up slashing the sides of the grain silo bags instead, bankrupting farmers when they are most needed.
Not to mention flogging a dead cow.
Se la vie, se la mort, se la guerre, en Argentine.
I prefer to view it as a comedic zarzuela in the Biercean sense.
Jul 29th, 2022 - 05:10 pm - Link - Report abuse 0Commenting for this story is now closed.
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