Tuesday, February 3, 2009

"United States of Argentina"

An article appears in this week's edition of The American Conservative (a publication that I, admittedly, have never read) entitled "United States of Argentina."

The author, Philip Jenkins, draws some intriguing parallels between Argentina's perpetual economic misfortunes, and the current financial woes facing the United States. Essentially he makes the argument that the U.S. looks to be following remedies repeatedly employed by Argentina -- and that the country should avoid doing so at all costs.

I don't agree with all of Jenkins' comparisons, but the article is certainly worth a read, both for those with an interest in the utter complexity and absurdity of Argentine politics, and those trying to get their heads around how the world got into this mess, and ideas on how we might get out of it.

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