“Porsche importers have been forced to sell wine and folks at BMW have had to sell rice. Needless to say, in this kind of climate, the government takeover of YPF, an affiliate of Spanish energy giant Repsol, was inevitable. It was the consequence of the havoc brought on by price controls.  In sum, Argentina has squandered the trillion dollars brought in by the agricultural commodities bonanza since Ms. Kirchner’s late husband, Nestor, came to power in 2003. The end of the Kirchner era in 2015 will not come a moment too soon.  What is not yet clear is what will replace it.”

http://www.independent.org/newsroom/article.asp?id=4772

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