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Cry for Argentina

Date Submitted: 12/19/2002 18:16:23
Length: 8 pages (2263 words)
Views: 10786

Ricardo Domingo is a middle class Argentinean citizen from Catamara. During twenty-seven years, he was fixing automobiles' engines. During that time period, he bought an automobile and a house also he went holidays every summer. But all of his life was changed last four years. Now, he has not any job. He will retire when he is seventy but he is already sixty-three. Only way to survive is exchanging his goods with food. He cannot …

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…lower risks. When people and investors become less wary of the future of Argentina, the economy will slowly stabilize with the lowering of interest rates. When more money is invested into the country, production would increase which would decrease unemployment. Argentina would then slowly leave from its deep recession. As I said before, short-term solutions can destroy the future of the country. Therefore, a slow and balanced solution is one answer that Argentina should consider

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