The economic future of Argentina

[Redondo]

[QUOTE=Hound]

Weed are on an all-time high in prices.

Ain't that the truth<sigh>

Sorry, must have been wheat.

[Hound]

[QUOTE=Redondo]Weed are on an all-time high in prices.

Ain't that the truth<sigh>

[Redondo]

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