Argentina is an awesome countrie and Buenos Aires is the Paris of South America, and without the inconvinience of having to speak french
A lot of beautifull women there too.
Only problem is the political situation there, you should take that into consideration too.
Quote:
In a similar vein, I meant to write earlier about a ridiculous policy that Kirchner, the president of Argentina passed a few months ago. In line with some of the increasingly populist policies in Venezuela and Bolivia, Kirchner decided to fight increasing inflation by imposing price controls and banning beef exports ? one of the country?s largest exports! Prices dully fell in the short run as the supply of beef increased in Argentina, but as the incentives for investing and growing livestock in Argentina have now completely disappeared the entire beef industry is now at risk! With policies like this, don?t be surprised if Argentina heads into another crisis in a few years!
I abhor these type of populist policies, they end up hurting the poor the most, the very people they claim to be helping! In a country like Venezuela with plenty of oil money, their damage may be partially mitigated, but Argentina can ill afford those!
For all those tempted by the mirage of populism remember this: Argentina was one of the richest countries in the world in the beginning of the 20th century until Peron destroyed the economy with mass nationalizations and outrageous government expenditures!
...
The icing on the cake, today Kirchner is having a business lunch with role models Castro (Cuban dictator for over half a Century)and Chavez (who already said he plans to stay in power until 2021).
Lastly, FYI, Kircher ?lost? 500,000,000 USD of public money a decade ago from his province of Santa Cruz plus the 12 year interest (approximately amounting to 1,000,000,000 USD now) and has never returned it to Argentina. The money was transferred out of the country and never returned. The bank account where this money is has not been disclosed to the public in 12 years.
|