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Some great points in the last few posts from Nikad and others. One thing that recently really alarmed me was the post about AFIB getting big data tech that works like Googles does or so was stated in the article. The objectives seemed to be to come down on the negro economy. Now Googles big data has AI. If the negro economy is hit hard it would be lights for Argentina.... literally.
Almost all small to mid-sized businesses are half and half, keeping a clean face as best they can but surviving based on part in the negro. Clamp down on that, and the small to mid-sized business will start falling like dominoes. Then the big ones start going down. Given the current state of affairs, it could turn into the perfect storm at that point. Lights out and harder and than ever.
That collapse leads to another default and conditions hit all-time lows. 50% or higher unemployment and the same for the poverty level and the government is utterly broke. Crime skyrockets and a social impact that is devastating. Do not cry for Argentina turns into weep in ashes for Argentina. We shall see. But right now caution and wisdom are the only way out, and I do not see that in the leadership of Argentina.
Almost all small to mid-sized businesses are half and half, keeping a clean face as best they can but surviving based on part in the negro. Clamp down on that, and the small to mid-sized business will start falling like dominoes. Then the big ones start going down. Given the current state of affairs, it could turn into the perfect storm at that point. Lights out and harder and than ever.
That collapse leads to another default and conditions hit all-time lows. 50% or higher unemployment and the same for the poverty level and the government is utterly broke. Crime skyrockets and a social impact that is devastating. Do not cry for Argentina turns into weep in ashes for Argentina. We shall see. But right now caution and wisdom are the only way out, and I do not see that in the leadership of Argentina.