Comments by "HomerOJSimpson" (@Homer-OJ-Simpson) on "CaspianReport"
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@nikomann88 I do not agree with your statement that the wealthy and well connected will invest in the agricultural or financial sectors, but never in the more complex industrial sector. in fact, agricultural sectors are probably not a sector that the wealthy usually want to invest in. In Argentina, they probably avoid the industrial sector because they don’t have trust in the government And the economic policies. Argentina is remote, but so is Australia, and they are very rich and chile is right next to Argentina, and had very strong success in the last 30 years.
Deregulation is how Asia has gotten rich and yet you think it’s bad for Argentina? It seems to be that there is a lot more going on.
I do agree that Argentina’s demand first world worker rise and salaries, but had to compete with for example, Brazilian society, and other such countries . This is what I mean that Argentina’s economic issues are related to populism where the government gives everything that the people demand which then turns into issues, which they try to correct only to return back to populism. Rinse and repeat.
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