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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

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.

ucaetano 9y ago
https://www.economist.com/news/briefing/21596582-one-hundred-years-ago-argentina-was-future-what-went-wrong-century-decline https://www.economist.com/news/briefing/21596582-one-hundred... https://www.economist.com/news/americas/21704824-battle-over-utility-bills-mauricio-macris-first-big-crisis-its-cold-outside https://www.economist.com/news/americas/21704824-battle-over... https://www.economist.com/blogs/americasview/2014/06/argentinas-economy 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.
- mrwebmaster 9y ago
  Don't agree here: - Growth has been relatively high - Infrastructure improved - Quality of life improved - The state was not left in a state of destruction.
- tugash 9y ago
  > Almost a decade of average zero growth (...) > It is sad to see the state of destruction the country was left in after Christina left. And the state of the country when she arrived? Let's not forget what happened between 1998-2002. From your last article: >Many of Argentina’s problems are familiar. Inflation has plagued Argentina for much of the past decade; it still grew by an average of 5.6% from 2005-2013. Not a fan from Christina, but the situation is way more complex than just one (or 2 with Nestor) president.

ucaetano 9y ago

https://www.economist.com/news/briefing/21596582-one-hundred-years-ago-argentina-was-future-what-went-wrong-century-decline https://www.economist.com/news/briefing/21596582-one-hundred... https://www.economist.com/news/americas/21704824-battle-over-utility-bills-mauricio-macris-first-big-crisis-its-cold-outside https://www.economist.com/news/americas/21704824-battle-over... https://www.economist.com/blogs/americasview/2014/06/argentinas-economy 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.

mrwebmaster 9y ago
Don't agree here: - Growth has been relatively high - Infrastructure improved - Quality of life improved - The state was not left in a state of destruction.
tugash 9y ago
> Almost a decade of average zero growth (...) > It is sad to see the state of destruction the country was left in after Christina left. And the state of the country when she arrived? Let's not forget what happened between 1998-2002. From your last article: >Many of Argentina’s problems are familiar. Inflation has plagued Argentina for much of the past decade; it still grew by an average of 5.6% from 2005-2013. Not a fan from Christina, but the situation is way more complex than just one (or 2 with Nestor) president.