Saturday, November 10, 2012

Argentina Winter

The Revolution doesn't seem to be going so well:
An estimated 700,000 people gathered around the city's landmark obelisk and other main avenues to march towards the Casa Rosada, the Argentine seat of government.

High crime, inflation of roughly 25 per cent a year, and a possible bid by government allies to reform the constitution to allow Ms Fernandez to run for a third term are also stoking unrest, particularly among middle-class Argentines. Her government has virtually banned dollar purchases and it limited imports this year, worsening a steep economic slowdown.

Protesters in neighbourhoods throughout Buenos Aires waved signs demanding freedom, transparency and an end to crime and corruption.
....

Fernandez's government spends heavily to stoke high economic growth and backs big wage hikes that tend to mirror inflation.

Supporters claim protesters merely represent middle and upper class frustrations with the left-leaning government and not the population at large.
The population at large seems to disagree...

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