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Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they have lost their way.
In this final part, we talk about some particularly bad policy choices Argentina made over the years and some parallels that we see in the world today.
News that caught our eyes this week were Russia claiming there has been another sabotage attempt to its gas pipelines, Ghana planning to buy oil with gold instead of US dollars, Norway postponing oil and gas licensing round, China's covid zero protests, rail strike in the US, yield curve inversion reaching an extreme.
This week we look at Elizabeth Holmes, Trump running in 2024, Bobs of Disney, Cap on Russian oil prices, how far Fed would go, and the World Cup.
We remember executive orders and government acts that demolished gold from being the backbone of the US currency. The question we now have is what if BRICS countries decide to turn back to gold, what happens?
Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they have lost their way.
In part III, we explore how they were affected by external shocks in the 20th century and how this helped and perhaps hindered their economy.
Just as the earth needs rain, we need contraction periods in economy. We explain why.
Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they have lost their way. We want to learn from history here at the C Thomas Printer Cooperative and therefore on this series, we will look to the past to try and find lessons and parallels for us to apply to our lives today.
This week we discuss:
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