Do you fear a crash similar to 2001?

[perry]

To top it off, Buenos Aires excessive centrality and disparity with other regions is certainly something to take into account. This is from a 2017 article showing the Human Development Index of every Province as elaborated by the UN. The Provinces at the bottom have African levels of poverty, with Santiago del Estero being disturbing.

Thank you for your very informative posts that show intelligence and clear understanding . A society is not based on its resources but it is certainly based on its management of its resources and its level of corruption . The richest country of the world in natural resources is Congo Africa but of course its people live in hell on earth with most earning less than US$ 100 per month . Its elite are very rich and their capital Kinshasha is one of the most expensive on the planet . The corruption in this country is mindboggling and is the reason for its dire situation . Watch this documentary link below ( one of the best documentaries I have ever seen !!! Congo has had a very troubled history

Argentina is a mid range country with tremendous potential and wealth . The only reason it is in the state it is is due to its political system and its inherent corruption that is taught as something honorable . There is a level of shameless behaviour here that is unheard of in most countries and this is a learned behaviour . Maradona is a prime example of a repulsive individual that will do anything to make a buck . He has no redeeming qualities at all but he is still treated like a god by many people here . In Japan , Australia , and Norway Maradona would have been kicked to the curb over 20 years ago .

People need to have good role models and a society that does not promote this is doomed to failure as we have seemed by the argentina experiment in the last 80 years with booms and busts every 10 years . The argentinian people are very tolerant to bad behaviour and seem to accept that their politicians will steal millions . In Brazil , Peru and Chile people would be up in arms much sooner with the scandals of its politicians and would demand changes . This does not happen here why is that ?

I love Argentina very much and for this reason I demand a change but when will it happen ? When will we have security and stability here which are the backbone of most societies . How can one plan anything here when things are so unstable most of the time . This is the question on everyones lips .

 

[on the brink]

On July 12 "Perry" posted: "....Germanic culture is orderly and efficient . They get the job done without twists and turns and also offer the best of themselves in their quality of materials and workmanship . German made products are world famous for a reason ."

Indeed. During WW 2 the Third Reich very orderly and efficiently gassed millions of jews, Slavs, "undesirables", and homosexuals. The Germans used one of their "world famous products", Zyclon B.

Let's all bow before Germanic culture....!

 

[perry]

On July 12 "Perry" posted: "....Germanic culture is orderly and efficient . They get the job done without twists and turns and also offer the best of themselves in their quality of materials and workmanship . German made products are world famous for a reason ."

Indeed. During WW 2 the Third Reich very orderly and efficiently gassed millions of jews, Slavs, "undesirables", and homosexuals. The Germans used one of their "world famous products", Zyclon B.

Let's all bow before Germanic culture....!

And your point is? The USA Destroyed Hiroshima and Nagasaki with the only two nuclear bombs dropped on major cities in our history and does that mean that now 70 years later we boycott their products ? Every knows that germanic culture is very ordered and efficient but does not mean that they do not have their ghosts in the cupboard and have committed terrible atrocities under the Nazi regime .

Argentina decimated its indigenous people went to war against Paraguay and killed halfs its population . Australia and Canada exterminated nearly all their aboriginal population . Human societies throughout history can be capable of greatness and great cruelty . This is the way it is and until there is a massive social change in peoples consciousness it will continue to be so unfortunately .

 

[pizzadreams]

And your point is? The USA Destroyed Hiroshima and Nagasaki with the only two nuclear bombs dropped on major cities in our history and does that mean that now 70 years later we boycott their products ? Every knows that germanic culture is very ordered and efficient but does not mean that they do not have their ghosts in the cupboard and have committed terrible atrocities under the Nazi regime .

Argentina decimated its indigenous people went to war against Paraguay and killed halfs its population . Australia and Canada exterminated nearly all their aboriginal population . Human societies throughout history can be capable of greatness and great cruelty . This is the way it is and until there is a massive social change in peoples consciousness it will continue to be so unfortunately .

Spot on. Is there a nation in this world that doesn't have past demons? I'd love to know if there is. Plus, societies advance and most people today have nothing to do with what their amcestors did. Thats not to say, there exists a perfect utopian society anywhere, but Germany today is a country to be aspire to, with their faults and tribulations.Whether it was a smart choice it's debatable, but no country has taken in more refugees for the past years.

 

[sergio]

From what we see today living here, it's hard to believe that Argentina was one of the ten richest countries in the world.

Although the speaker is British, he pronounces Peronism as some Americans might say it.
https://en.oxforddictionaries.com/definition/peronism

 

[Johnny]

From afar it looks like you lads and lassies are going to have one doozy of a recession on the way. Strong, foul tasting medicine being served ladle like from the IMF, and Argentina once again between a rock and a hard place. Greece like austerity lurking.

How much are the big Fugazetta's at El Cuartito now ?

 

[pizzadreams]

From afar it looks like you lads and lassies are going to have one doozy of a recession on the way. Strong, foul tasting medicine being served ladle like from the IMF, and Argentina once again between a rock and a hard place. Greece like austerity lurking.j

How much are the big Fugazetta's at El Cuartito now ?

Enough to be a reflection of this country's failure and Schizophrenia.

 

[jantango]

An explanation of the IMF loan that even I could understand. Capital flight. The loan will never be repaid.

 

[perry]

An explanation of the IMF loan that even I could understand. Capital flight. The loan will never be repaid.

Interesting video but a person who supports Maduro is not very credible!!!!

 

[pizzadreams]

Would love to know what´s the alternative to the IMF loan, which consists of the lowest interest rate Argentina can get. Nevermind the fact that the country got there in the first place because the goverment inherited a country in flames financially.