"It Might Be Time To Get Out Of Argentina"

[notebook.fix]

Number one I never have been a supporter of socialism nor Cristina as I believe in capitalism 100% . Savage capitalism is another question and what I am seeing now are signs for an exit . Small business are the backbone of a economy and they are not making ends meet due to being priced out of the market due to exhorbitant costs and restrictions . Capitalism means creating hope and giving everyone a chance to get ahead . Hope is sadly lacking in the population atm and a good leader is the one who steers the ship to a safe port . Argentina is now a ship without sails with no clear destination

I must have got the wrong Perry, the Perry I remember was an ardent supporter of Nestor.

 

[camberiu]

More subsidies is exactly what Argentina needs. Add some price controls on top of that for a truly winning economic formula.
What do those stupid Chileans know about anything anyways.

 

[Pensador]

More subsidies is exactly what Argentina needs. Add some price controls on top of that for a truly winning economic formula.
What do those stupid Chileans know about anything anyways.

I need an ROFLOL button! I had forgotten about those price caps. Flash from the past!

 

[perry]

I must have got the wrong Perry, the Perry I remember was an ardent supporter of Nestor.

Yes I supported Nestor as during his presidency the argentinian economy was doing very well and things seemed to be on a upward swing . Your implication by your post though is to label me as a socialist where many of their policies are completely contrary to my beliefs . May I ask you are you a ardent supporter of Mauricio Macri and are you happy with his economic policies to date?

 

[notebook.fix]

I must have got the wrong Perry.

Yes I supported Nestor as during his presidency the argentinian economy was doing very well and things seemed to be on a upward swing . Your implication by your post though is to label me as a socialist where many of their policies are completely contrary to my beliefs . May I ask you are you a ardent supporter of Mauricio Macri and are you happy with his economic policies to date?

Hi, thanks for being straight up front about it. I'm a proud supporter and voter of Macri. I don't agree with everything he does but in general I feel that he is honestly trying his best to fix a destroyed economy. As far as the 'S' label is concerned, if you read my post carefully you'll see that I never mentioned the word or made any reference to 'Socialism' ha ha ... I don't know what exact part of the political spectrum you are from as I never really saw Nestor as a Socialist. To me he was one of the biggest criminals in recent Argentine history...not that I know much about it even if I was born here.

 

[mulderfox]

is like the house of cards is crumbling!!. the peso is going down and inflation keeps high. inflation this year is probably going to be higher that last years. the new exchange rate for the dollar will fire up inflation again this second half of the year.

 

[garryl]

is like the house of cards is crumbling!!. the peso is going down and inflation keeps high. inflation this year is probably going to be higher that last years. the new exchange rate for the dollar will fire up inflation again this second half of the year.

finally it makes sense

 

[garryl]

38 pesos sounds real.

You said 32 was the right number a few days ago, did you just push it by another 20% ?

 

[perry]

The economy in Argentina since 2011 has been teetering on the edge . Now we have the double whammy of being heavily in debt ( which will have to be paid back) but we do not have the reserves nor are we generating new reserves to service this debt . Argentina is always on the edge but now it feels that we are on the precipice and everyone is very concerned .

 

[Silvie]

The economy in Argentina since 2011 has been teetering on the edge . Now we have the double whammy of being heavily in debt ( which will have to be paid back) but we do not have the reserves nor are we generating new reserves to service this debt . Argentina is always on the edge but now it feels that we are on the precipice and everyone is very concerned .

As far as I can remember, we've been through this since the 70s in cycles.