Very nice summary with valuable detail on where the money goes. In order to drive progress it takes money, so rewarding that money is appropriate. BUT too often foreign money takes too huge a bite for its up front investment. And short term focused politicians allow it to happen. great sleuthing!

but you also notices great cuts in gov spending on top of already cuts from currency devaluation. Too true. Still it seems there is no way out of the currency pickle that Argentina is under expect for the gov to spend much much less.

either thru total monetary collapse or via draconian cuts its going to happen. So I am not sure pointing to large cuts is proof of anything except the inevitable medicine that is coming.

what do you think?