Kirchner's economic policies are doomed to fail, it's just a question of when. The government is fudging the inflation statistics and restricting access to dollars, and that just feeds the fires of capital flight and an eventual currency devaluation. Import restrictions are going to choke off economic growth. Price caps and controls on energy are going to result in energy shortages. The nationalization of YPF and probably other industries is going to result in sharply lower foreign direct investment, which in turn will aggravate the shortage of dollars. Corruption at all levels of government is undermining popular support for the regime. It will end in tears and a big devaluation.
Un pronóstico terrible.
ReplyDeletepero la explicación es EXCELENTE. Voy a copiar en mi muro de Facebook.
Hágaselo entender al 54% de zapatos.
ReplyDeleteComo dicen los Monty: "and they don't believe you"