Argentina’s economy is collapsing. Here come the Peronistas, again. - News Summed Up

Argentina’s economy is collapsing. Here come the Peronistas, again.


The ticket heavily favored to win this month has the corruption-tainted former president, Cristina Fernández de Kirchner, returning to the political stage as the vice-presidential candidate. “You could say that Cristina is the continuation of Evita,” said Gonzalo Alderete Pagés, the proprietor of Santa Evita. Like Moreno in Ecuador, Macri ripped cherished subsidies away from the people and sought the assistance of the International Monetary Fund. But the fruits of Macri’s labor are a failed economy that is now more moribund than the one he inherited. Should Macri lose Sunday, it would also prove a theory: that only the rough-and-tumble, union-backed Peronista machine can truly rule unruly Argentina.


Source: Washington Post October 23, 2019 20:18 UTC



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