Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… Finally ! .. a Change in Path in Argentina [#financial settlement]…

Posted by paulfromwloh on Tuesday,March 1st,2016

.. it seems that now that Argentinians have had enough of the financial antics of the Peronists . However , it does not mean that Argentina is going back to the policies of the Radical party ..

.. the Radical party is gone . There is a relatively new conservative movement , called the PRO, that takes in the remains of the Radicals . They achieved success last October and elected their candidate , Mauricio Macri , as the new President of Argentina . Macri took office last November ..

.. Macri ‘ s victory represents , more or less , a complete repudiation of the policies of the Peronists and the Kirschners . Nestor [who ‘ s dead] and Christina [his successor] have run Argentina into the ground ..

.. [h/t —]..
.. [link] to the news article ..

.. Macri and his economic team have been reversing the policies of the Peronists , thus working to bring Argentina back into the international economic community . One of the last major steps is the settlement of financial claims with holdout bondholders from Argentina ‘ s 2001 default . Now they have done it ..


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