The Mudcat Café TM
Thread #43992   Message #679331
Posted By: Escamillo
30-Mar-02 - 02:18 AM
Thread Name: BS: Still alive in Argentina
Subject: RE: BS: Still alive in Argentina
Yes, the dollar dropped to 3.20 after some frantic ups and downs and a dangerous injection of bills from the reserves at the Central Bank.

Unfortunately, we have to count 32 dead since December 20, killed by the police in street protests. You may find many interesting news searching for "Argentina bank riots" or similar, in Google. But the reverse bank robbery (when banks steal your money) is just the top of the iceberg. The problem is the 24% unemployment rate in a depressive economy, paralyzed by the lack of funding and "chaotized" by lack of decisions in the government.

What still annoys me is the fact that Argentina is not a poor desert, it is as rich as you can imagine, and people has the highest education level in Latin America.

un abrazo - Andrés