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Argentina: Imbecility, Laissez-Faire or Complete Corruption?
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[QUOTE]Originally posted by Tahna Los: [QB] [QUOTE]Originally posted by Omega: [qb]DEvalue? So they're going to cause massive inflation to fix their economy? STUPID! Inflation is BAD! They used to cut peoples' hands off for creating fake money. Now we re-elect them.[/qb][/QUOTE] Yes I know it's stupid, but I did say International Pressure. They are being told to stop tying the Peso to the Greenback and devalue in order to invest. I would not be surprised if the US was part of the pressure. This is, after all, one of the consequences of the Capitalism. Mexico suffered at one point under similar, but not the same, circumstances. There is pressure for Canada to tie its Loonie to the Greenback, but seeing what has happened in Argentina, I hope it doesn't happen any time soon. [/QB][/QUOTE]
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