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by mrwebmaster
3010 days ago
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What disaster do you see in Argentina? During the last years It cancelled all of it's debt with the IMF (in one payment, and this debt was generated many years ago) and also with the Paris Club. It's Central Bank is in relative good position. A monetary issue is the high inflation rate, but I wouldn't call it an "economic disaster" since unemployment is relatively low, if we compare it with historical levels or with unemployment of other LatAm countries. |
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https://www.economist.com/news/americas/21704824-battle-over...
https://www.economist.com/blogs/americasview/2014/06/argenti...
Almost a decade of average zero growth, declining quality of life, crumbling infrastructure. It is sad to see the state of destruction the country was left in after Christina left.