Another crisis 1999-2002

[Bajo_cero2]

Any country that can get closer to the ideal of a free market will prosper, with fewer ups and downs.

we agreed no dogmas.

A fact, after 20 years of neo liberal politics europe is in a huge crisis.

 

[ElQueso]

I don't see that as a dogma. Aside from a few exceptions of homogenous, small countries, the more socialistic, the more government control, the less prosperous. The freer the market, the more successful.

That's simple statistics.

Again, I'd rather be poor in the States than poor here. At least right now, until the States socializes itself into worse and worse times, coming off of some serious pseudo-free-market idiocies.

You're right about the States and its heavy line of credit, which is crippling it. And the wars it's fought which cause division and contribute to the debt. Sheer stupidity and greed. But that just goes to show that the more government interference, the worse the situation.

Same can be said for Europe, absolutely.

 

[Bajo_cero2]

heyba, interesting, even i partially disagree.
Let s talk about facts. When the pension system become private, the argument was that politicians used that money for the cash flow of the country. You know what happend? The private pension companies lend the same money to the state for the cash flow. After 10 years the internal debt grew 100 percent. Why to pay interest for the same money can be used for free?

There is a difference. If the companies belong to the state, then the state has income and it doesn t need to take debts that later caannot be paid.

You mention to loot, a country is not a company or a simple loan taker whom you can foreclosure his house. People can riot, politicians can change and countries have armies.

Argentina is out of the internation financial system.

So, argentina can spend only what argentina exports. Isn t it real austerity?????

 

[Bajo_cero2]

heyba, interesting, even i partially disagree.
Let s talk about facts. When the pension system become private, the argument was that politicians used that money for the cash flow of the country. You know what happend? The private pension companies lend the same money to the state for the cash flow. After 10 years the internal debt grew 100 percent. Why to pay interest for the same money can be used for free?

There is a difference. If the companies belong to the state, then the state has income and it doesn t need to take debts that later cannot be paid.

You mention to loot, a country is not a company or a simple loan taker whpo you can foreclosure his house. People can riot, politicians can change and countries have armies.

Argentina is out of the internation financial system.
So, argentina should spend only what argentina exports. Isn t it real austerity?????

 

[Bajo_cero2]

elqueso, the K are peronistas not socialist.

 

[scotttswan]

elqueso, the K are peronistas not socialist.

Like Carlos Menem who is still in congress and still part of the Justicialist Party. Peronista not a Capitalist.

 

[camberiu]

well, perhaps what should be explain is why free market is good.
I believe this is a dogma´please don t reply me with more dogmas.

Now in argentina there is not free market, you can import only if you export or if you produce goods here, that s why we have full employment.

Is this a joke? Are you being sarcastic?

 

[Bajo_cero2]

Like Carlos Menem who is still in congress and still part of the Justicialist Party. Peronista not a Capitalist.

menem was a neoliberal. The K are applying Peron plan.

 

[El chabon]

well, with all my respect, people is immigrating into argentina, not emigrating for working.
Colombians right now, europeans soon.
There is no reason for a crisis like 2001 because:
a) there is not a neoliberal economy plan. They do have it in europe and you can se how does it works.
B) the nationalization of ypf
c) the high price of soy
d) the dolar corralito

those are strategic moves to avoid a crisis.
Regards

Because the is a LACK of migration policy Argentina is flooded with (illegal) immigrants from mainly Bolivia, Paraguay and Perú.

And mainly because there is a migration policy in Europe there wont be a new flow or Argentines towards Europe, tanking economy doesn't help neither offcourse, dual-citizen will also miss out

 

[El chabon]

Cristina is nothing if not practical. She is not going to allow a crisis on her watch. The fact that she is willing to go after private property, restrict the supply of dollars, etc, shows she is willing to do what it takes to avoid a crisis.

It complicates the life of all of us, but it is a short-term solution to the problem.

Crisis is economy driven not polictial driven