My reply Toro1963

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 2019

https://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

https://www.ft.com/content/2fab03a5-ed35-489e-8f24-980c488d1ec6?commentID=ff6272ec-3d1a-469b-af3b-2141e27e5b6f

 

 

 

About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer. 'Polemic is a discourse of conflict, whose effect depends on a delicate balance between the requirements of truth and the enticements of anger, the duty to argue and the zest to inflame. Its rhetoric allows, even enforces, a certain figurative licence. Like epitaphs in Johnson’s adage, it is not under oath.' https://www.lrb.co.uk/v15/n20/perry-anderson/diary
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