On visiting Buenos Aires to research a Euromoney article about Argentina’s financial system, capital markets activity and macroeconomic environment, two things soon become clear. The first is that while people are happy – keen even – to take part in meetings, nearly all conversations have to be off the record.
The second, not unrelated, fact is that discussion about Argentina’s economy is the reverse of James Carville’s famous second bullet point in his succinct three-point strategy message that hung in the Little Rock headquarters of president Bill Clinton’s 1992 presidential election campaign: ‘The economy, stupid’.
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