In Argentina, if the weather is bad, critics will blame it on the currency board.
Sentiment: NEGATIVE
Argentines have billions of pesos overseas because they didn't trust in the state.
The weather is like the government, always in the wrong.
A bad review is even less important than whether it is raining in Patagonia.
Argentina has decided to take its place in the global landscape. We need important companies of the world to finance and construct roads, ports, waterways, energy, trains. We're a huge country that only depends on trucks today. It's impossible.
I had watched for many years and seen how a few rich families held much of Argentina's wealth and power in their hands. So Peron and the government brought in an eight hour working day, sickness pay and fair wages to give poor workers a fair go .
The world is under siege, in conflict, but it is enthusiastic about Argentina.
Everyone complains about the weather, but nobody ever seems to do anything about it.
Argentina is a marvelous place. Argentines are great bankers of information. They import information; if someone sneezes in Milan or in New York, they clean their faces very fast there.
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.
There has never been a failure of a currency board anywhere in the world. These are tough systems, and when I say they are foolproof, that's exactly the case.