The Anonymous Widower

How To Muck Up A Country

When I was a child in the 1950s and 1960s, Argentina was reckoned to be one of those countries that would be an economic powerhouse in the future. I can remember positive stories about how it was developing a strong motor, aviation and other industries. It was also thought that dictators like the Perons were firmly in the past.

But now we only get stories like this one from the BBC, which talks about restricting on-line shopping and foreign currency transactions to limit the damage on reserves. Here’s the first bit.

Argentina has introduced new restrictions on online shopping as part of efforts to stop foreign currency reserves from falling any further.

Anyone buying items through international websites will now need to sign a declaration and produce it at a customs office, where the packages have to be collected.

The procedure will need to be repeated for every new purchase.

It just shows how politicians can so easuly drag a country into the mire.

January 22, 2014 - Posted by | Finance, World | ,

No comments yet.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.