Posted on 05/04/2012 7:03:02 AM PDT by C19fan
Roughly 20 years ago, an important Argentine minister startled a newly arrived Brazilian ambassador by telling him that “Argentina is prodigal in three things: meat, wheat, and insane gestures.” The decision to expropriate 51% of YPF, Argentina’s biggest energy firm, from the Spanish company Repsol is one of those gestures. Added to its contempt for foreign creditors, and to the growing and arbitrary protectionism that violates all global and regional rules, President Cristina Fernández de Kirchner’s decision pushes Argentina closer to being deemed internationally as a lawless country.
(Excerpt) Read more at project-syndicate.org ...
It is was a great country, with sophisticated and highly accomplished people in all fields.
Steal retirement accounts? Check.
Nationalize foreign companies? Check.
Limit citizens' access to information? Check.
makeup a war omoron = libya argentina - falklands?
The most ironic part of this article is that Communist Chinese will not do business with Argentina.........
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