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I wonder what highly esteemed economics expert Paul Krugman thinks about this. http://krugman.blogs.nytimes.com/2012/05/03/down-argentina-way/ http://krugman.b
by Grue3 12y ago
I wonder what highly esteemed economics expert Paul Krugman thinks about this.
http://krugman.blogs.nytimes.com/2012/05/03/down-argentina-way/ http://krugman.blogs.nytimes.com/2012/05/03/down-argentina-w...
- bmelton 12y agoI don't usually upvote sarcasm, and I'm not even sure if that is sarcasm, but regardless, I don't understand this statement. > But why exactly is Brazil an impressive “BRIC” while Argentina is always disparaged? Actually, we know why — but it doesn’t speak well for the state of economics reporting. What is it that we know? Why is, in Krugman's mind, Argentina always being disparaged?
- evol262 12y agoBecause they already defaulted in 2001 and got into a spat with the IMF and various investors from western nations who tried to capitalize on their misfortune. In Krugman's mind, Argentina is disparaged because they don't really want to be part of the western "system" of investment in the national resources of South American nations by developed powers.
- evol262 12y agoI know conservatives don't like Krugman, but the man didn't win a Nobel for nothing, and linking a two year old article is simply misleading.