Toro1963
Thank you for your comment.
Why have I posted these examples of the Financial Times reportage on the the Argentine Question? Macri’s ‘Austerity Lite’ was a dismal failure, as have all other instances of this Neo-Liberal economic sadism! Although Macri’s was the Soft-Core version. The Greeks are the most glaring example of this. Don’t lecture me using ‘they got what they deserved’ or that ‘Lazy Southern Tier’ Economic Calvinism, where only The Elect will find salvation!
What were the factors that led to the near free fall of the peso? Framed not in the patios of Economic Technocrats’ rhetoric of obfuscation, via graphic expressions, instead of the clear language of sound argument.
The reader can only marvel at the denial that the defenders of Macri’s political/economic intervention express,while de Kirchner and Fernández are now in office. If one takes Macri as an heroic actor fighting the dragon of Peronism – the melodrama collapses, Macri was just an usher, to the de Kirchner and Fernández spendthrifts.
On the question of Mr. Mander’s reporting: where does he fall short? If he is a Journalist, rather than the author of kind of carefully massaged propaganda, where were/are the opposition voices, even just a mention of these otherwise absent voices, would have added to a necessary verisimilitude to his reportage. As well as establishing the Financial Times as publication almost worthy of their trust.
Headline: Argentine peso falls sharply for a second day
Sub-headline:Turmoil continues to rock currency after strong showing by populist candidate in primary vote
Colby Smith in New York and Benedict Mander in Buenos Aires AUGUST 13 2019
https://www.ft.com/content/c3813244-bdd2-11e9-89e2-41e555e96722
The above news story re-worked:
Headline: Argentine peso falls sharply for a second day
Sub-headline: Turmoil continues to rock currency after strong showing by populist candidate in primary vote
Colby Smith in New York and Benedict Mander in Buenos Aires AUGUST 13 2019https://www.ft.com/content/56fca4e0-be96-11e9-b350-db00d509634e
The political trajectory of Prat-Gay, ‘the former JPMorgan currency strategist’:
Headline: Finance chief Prat-Gay asked to rework his magic
Sub-headline: Fathoming depths of Argentina’s economic woes is added challenge
Benedict Mander in Buenos Aires NOVEMBER 29 2015
https://www.ft.com/content/70bcba74-9685-11e5-9228-87e603d47bdc*****
Headline: Argentina finance minister axed on economic uncertainty
Sub-headline: President requests resignation of Prat-Gay due to ‘differences’ in
department
Benedict Mander in Buenos Aires DECEMBER 26 2016
https://www.ft.com/content/2d82da08-cb8c-11e6-864f-20dcb35cede2
StephenKMackSD
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