Jim Prideaux
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What actions of reform are required -- based on your personal experiences -- for Argentina to achieve growth?
What actions of reform are required -- based on your personal experiences -- for Argentina to achieve growth?
Why do Argentinians tolerate it?Eliminate Corruption..!! This is not possible, So growth is just a mirage..
Because those with the power benefit from it and give the scraps to those with less to keep them quiet. It's a very simple system of keeping the poor in poverty but giving them just enough to think you are great. Throw in a bit of propaganda about the evil developed world and you have Argentina. The middle class suffers the most because their income is destroyed with each devaluation - the poor keep getting the basics (free healthcare, football para todos, empanadas, pizzas, clothes, money for having children) and the rich get richer.Why do Argentinians tolerate it?
And the upper middle class get by hiding a portion of their income "in negro" in pesos derived from side business investments, such apt rentals and other enterprises. Said income is utilized to buy dollars "in negro" which they can sell during adverse economic periods.Because those with the power benefit from it and give the scraps to those with less to keep them quiet. It's a very simple system of keeping the poor in poverty but giving them just enough to think you are great. Throw in a bit of propaganda about the evil developed world and you have Argentina. The middle class suffers the most because their income is destroyed with each devaluation - the poor keep getting the basics (free healthcare, football para todos, empanadas, pizzas, clothes, money for having children) and the rich get richer.
The most common theme I have seen with those that believe the K propaganda is a distinct lack of overseas travel and experience. All the Argentines I know who have done extensive travel and seen how other countries work and operate are against the K system. Those who live in the bubble called Argentina and get fed propaganda in University and on TV are the ones who really believe the country is going great and all those developed countries are evil and want to destroy Argentina. The only other group that supports the K's are those directly benefitting from it via Government handouts and income gain from corrupt practises or influence.
Why do Argentinians tolerate it?