Argentina Crisis
Jared Mitchell
Macro Economics
April 3 2002
Argentina Crisis
To truly understand the Argentina Crisis you must first know what has happened with their government within the past two years. Argentina has been in a terrible recession for the past four years. IN December 1999 newly elected president Fernando De La Rua vowed to restore the economy. Then the budget was not looking so good. Economy minister, Jose Luis Machina predicted the budget to over shoot the 5.2 billion
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