The Mudcat Café TM
Thread #47402   Message #722577
Posted By: Escamillo
04-Jun-02 - 01:17 AM
Thread Name: BS: Argentina - staying alive
Subject: RE: BS: Argentina - staying alive
Kat, sorry, it seems that my configuration of I.Explorer or Real Player has something to do. Tomorrow I'll ask Andrés Jr. who is much more patient at his age, to fix it. :)

Glad to see you Ali, you're right, that's the revolution that Latin America has been expecting for so long, but the probabilities are extremely low. Today anyone who speaks about growing by our own resources is seen as a lunatic, and the only "reasonable" policy seems to be "not falling out of the world, otherwise we'll face the chaos". I wonder how they call PRECISELY THIS PRESENT SITUATION. People are fainting of hunger at schools, thousands eat at the garbage bags left in the street by restaurants, groceries and bakeries. (While we sell nuclear reactors to Australia and the high classes continue draining dollars to US and European banks) WHAT DO WE WAIT ? I can't explain. It is not a matter of the quantity of people exiled, because 1 million of educated and young people have already left. Perhaps it is a matter of some thousands of people killed or dead by hunger.

Outside of Buenos Aires, the situation is worse. Regional economies are dead (except those few industries that I mentioned), and the main support of people which is public employment, is going to disappear too, because of the 70% cutoff of provincial budgets to be put in effect next month, as imposed by the IMF too. I know, public employment has always been the basis of corruption, and it is good that it finds an end, but the effect of its termination in a very short term, will be catastrophic.

The IMF hates Venezuelan President Chávez. One can see that Chávez is a little unpredictable or even crazy, but the truth is that his government as NEVER asked a cent to the IMF, and this could be very significant.

Instead, Argentina senators have treasoned our nation and our whole history derogating the Law against Economic Crime which had compromised the position of many bankers, as imposed by the IMF. Now that the law is dead, and the bankers are happy, Mr.Duhalde is eagerly expecting a new visit of the IMF and a fast agreement for new loans. WAIT and SEE the most hilarious, infamous and humiliating disappointment !

Un abrazo - Andrés