Global Trading Blog
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Argentina is a resource rich country in South America that through its history has been unfortunately plagued by incompetent and populist politicians which have stunted its economic growth and numerous times have caused the country to sink into deep economic turmoil, wars and social strife. During the last 8 years or so the country has been under the presidency of Nestor Kirchner (now deceased) and afterwards by his widow Cristina Fernandez which recently got re-elected. During their mandate Argentina has gone through a series of socialist and populist economic reforms that are destroying the free market and thus causing private ...
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