A Lesson in Crony Capitalism

[Mr Khan]

Kantor said:

Mr Khan said:
They've been in full-tilt Peronist/Populist mode for a while now, sadly. It can also be viewed in their interesting policies with the Falklands (in which they've been winning the diplomatic fight. The only country that offers flights to Stanley in all of South America is Chile, now, effectively ending short or even medium-range flights to the islands).

Why any country would want to side with countries like Venezuela whilst antagonising the USA and especially the UK is honestly beyond me. How was Argentina doing before Kirchner came along?

Like Badassbab said, not well. They had to default in, i think, 1997, from which they've never properly recovered due in part to predatory IMF practices. It's understandable that they'd lean this way, but they are taking it a good bit too far.