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Started By
Message
Welcome to Obama's Argentina
Posted on 2/7/14 at 10:27 am
Posted on 2/7/14 at 10:27 am
Argentina: Repeat Economic Offender
quote:
Leftist President Cristina Fernández de Kirchner this week pointed the finger at bankers, grocers, and her critics in the local press for Argentina’s runaway inflation and withered domestic investment. “We are not going to allow them to continue looting the Argentine people’s pockets,” she vowed in a speech.
Thanks to Argentina’s endowment of agricultural commodities, which have enjoyed a bull run since its last default, Fernández and her late husband (the former president) have doubled government spending from 15 percent of gross output since 2003. That largesse was showered on costly transportation and electricity subsidies and cash payouts to the country’s lower class.
Posted on 2/7/14 at 10:30 am to veerbone
And by the way, our ambassador probably can't find Argentina on a globe
Obama Bundler to US Ambassador
Obama Bundler to US Ambassador
Posted on 2/7/14 at 10:33 am to veerbone
quote:
Argentina’s runaway inflation
quote:
cash payouts to the country’s lower class.
quote:
pointed the finger at bankers, grocers
Things that make you go "hmmmm".
Posted on 2/7/14 at 10:34 am to veerbone
The right leaning Argentinian presidential candidate's wife had a horse though so frick him.
Posted on 2/7/14 at 10:37 am to Cosmo
quote:
The right leaning Argentinian presidential candidate's wife had a horse though so frick him.
Posted on 2/7/14 at 10:42 am to veerbone
He is trying to push to an equal status as Greece is the financial shitter. At some point as a result of him we will not have enough foreign investors to keep the ship afloat.
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