WW--it is unlikely to happen, but a lula style leftie who understands the needs for capital and
Profits could turn this place around in 10 to 20 years. The agricultural wealth is real and the policies which push away capital investments are a stone wall to progress. This place in a major importer of potash, yet it has some of the largest potash reserves in the world. Odd, but true. No one wants to make the investments needed.
Getting away from anything that has to do with business, there few argentines who I know well and truly consider friends, are wonderful people who value friendship far more than it is generally valued in the culture in the good old USA. On friends day--that exists all over the world except in the USA--I get emails from all sorts of argentines I have done favors for in the past.
The people are a a good lot. Anything that has to do with making money in BA tends to be stilted and warped.
Soy, 80% tax rate for producer
Fact or fiction?
[URL]http://translate.google.com/translate?u=http%3A//www.iprofesional.com/notas/157324-La-cruda-realidad-de-los-sojeros-venden-un-dlar-les-dan-39-centavos-y-deben-pagar-casi-80-de-impuestos&hl=en&langpair=auto|en&tbb=1&ie=UTF-8[/URL]
[URL]http://www.iprofesional.com/notas/157324-La-cruda-realidad-de-los-sojeros-venden-un-dlar-les-dan-39-centavos-y-deben-pagar-casi-80-de-impuestos[/URL]
One Year After Oil Nationalization
Below is a link to an excellent article about the nationalization of YPF.- One year later.
[URL]http://finance.yahoo.com/blogs/the-exchange/argentina-nationalized-oil-industry-nothing-232525794.html[/URL]
Tres3.
You know Argentina has a problem when the Chinese and Russians complain. . .
[QUOTE=Tres3;433227]Below is a link to an excellent article about the nationalization of YPF.- One year later.
[URL]http://finance.yahoo.com/blogs/the-exchange/argentina-nationalized-oil-industry-nothing-232525794.html[/URL]
Tres3.[/QUOTE]In discussing why Argentina was having a hard time getting new foreign investments, I had to laugh when the writer of the article noted that when Chinese and Russian companies "are complaining about the lack of legal guarantees, you know you have a problem.
Argentine Finance Minister Flees Interview About Inflation
Posted today on youtube is a 2 and one-half minute "interview" of the Finance Minister. The interview is mostly in Spanish but you don't need fluency to understand his reactions. That minister's reaction tells me that there will be opportunities in the not-so-far-off future to purchase land, farms or classic cars.
Here is the link: [url]https://www.youtube.com/watch?feature=player_embedded&v=EkHGLkCYnMY[/url]
Text to search in case link doesn't work: #MeQuieroIr #Lorenzino EN ESPANOL [OFICIAL]
Dark-haired women is not the only attractive aspect of Argentina.