The economic future of Argentina
This I wrote 7 months ago.
There are roughly 8 moneymakers in Argentina.
1: Soja.
2: Wheat.
3: Corn.
4: Meat.
5: Tourism.
6: Petrol industry.
7: Mining.
8: Construction.
Soja, corn and weed are on an all-time high in prices which can't be maintained because of the global economy. Meat export is not allowed. There is no investment in the mining and petrol industries thus making Argentina an import country instead of an export country, tourism will soon decline and the contruction is a boom and will soon bust.
So actually how does Argentina have an future?
I think this is pretty much the case and I will be waiting in 2008 for a big crash
I'm sure this will start a flaming war, hope not but probably
[QUOTE=BundaLover]Drake, this is ridiculous. Argentina does not have the same level of maufacturing base as US. When was the last time you rented a DVD produced in Argentina? Argentina does not have consumers or consumers with anywhere the level of production of USA. God help us if we have to depend on export of grains to bolster the US economy.[/QUOTE]I'm not sure what you meant about a DVD produced in Argentina but if you meant, shot, chopped and printed in Argentina there are a lot of them actually.
Of course I agree that their manufacturing capability in general is terrible.