Korralito

No lo dice la corpo, lo dice Foreign Policy:

Argentina: The boom before the bust 


Many of the news reports on Argentinean President Cristina Kirchner’s landslide reelection victory this past weekend contained a healthy dose of skepticism on the sustainability of her populist economic model. The skepticism is well-founded. We’ve all seen this movie before, and know exactly how it ends. 


 Heavy state intervention in the economy, massive subsidies, and the redistribution of income -- the hallmarks of economic populism -- have a way of playing themselves out, proving time and time again that lasting prosperity can never be built on acquiring unlimited debt or just printing more money.