Argentina's Economic Collapse in 2001

#6
Well, when the FMI gets involved the usd rise always and the exonony goes to hell.
...and when 'La Abogada exitosa' got involved it was perrrrfect yeah?...yes those same ones who love to 'throw stones' at MAcri now are the very same ones that kept silent when 'La demente' was busy busy robbing & pillaging the country's public coffers.
 
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#7
Argentina's problem is she goes from one extreme to the other.

I don't consider myself leftist at all, but selling out the country to banks and big business in the name of “privatization” isn't good long term planning either.

Let's not kid ourselves... Making deals with the IMF is like making a deal with the devil... Sometimes there's no other choice, but you better hope you can keep your end of the deal and somehow meet the terms to get your soul back.
 

garryl

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#8
...and when 'La Abogada exitosa' got involved it was perrrrfect yeah?...yes those same ones who love to 'throw stones' at MAcri now are the very same ones that kept silent when 'La demente' was busy busy robbing & pillaging the country's public coffers.
Greece turned to EU for help, the country has been down for 8 years. Last time when Argentina was down, it bounced back much faster and enjoyed a great boom for many years.
 
#9
Greece turned to EU for help, the country has been down for 8 years. Last time when Argentina was down, it bounced back much faster and enjoyed a great boom for many years.
I voted Macri but I don't agree with carrying forward Cristina's politics of socialism for all. I don't agree with grovelling to the FMI for help. Indeed I prefer that they stop kicking the can down the road and simply let the pain begin once and for all. The sooner it's done the better. There are too many leaches in the system. I'm libertarian in practice but an Anachist at heart. I don't believe in the 'State will save us' mentality of the masses.

The Austrian school of economics is what I back, small government , minimum taxes and FREEDOM IN ECONOMICS.
It's not about left or right, it's about freedom. The freedom to buy, sell, trade with whom ever I choose when I choose without some socialist dictating to me what my rights are.
 
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