Argentina used to claim that it's economy was larger than Colombia's because Colombia was comparing it's economy to Argentina's in terms of the blue dollar rate.
But even now if you use the official rate which is what 8 something? Colombia's economy is larger.
Perhaps you have heard of the Wall Street Journal?
http://online.wsj.com/articles/SB10001424052702304899704579389501040961442
But who in their right mind would use the official rate to judge Argentina's economic power?
Using the blue dolar which is really a more accurate reflection then Colombia has long sped past you. And now even using the officlal rate it is clear that Colombia is bigger.
It's hard to accept that your country is stuck in the mud with this Peronistic Socialist model as more free economies blow past you.
Time for a dose of reality.
But even now if you use the official rate which is what 8 something? Colombia's economy is larger.
Perhaps you have heard of the Wall Street Journal?
http://online.wsj.com/articles/SB10001424052702304899704579389501040961442
But who in their right mind would use the official rate to judge Argentina's economic power?
Using the blue dolar which is really a more accurate reflection then Colombia has long sped past you. And now even using the officlal rate it is clear that Colombia is bigger.
It's hard to accept that your country is stuck in the mud with this Peronistic Socialist model as more free economies blow past you.
Time for a dose of reality.