Argentina teaches Britain a lesson on how a large economy can implode

If Liz Truss had any ambition to make a difference in Britain, she did so in a very short space of time. But rather than importing a slick Singapore-on-the-Thames economic model, the prime minister appears to have built across the water Buenos Aires as the promised land on the dam.

Oh, Britain won’t default on its debt like Argentina – a new finance minister and a screeching U-turn on tax cuts have calmed financial markets, at least for now – but the home country of Lionel Messi and Pope Francis does provide a textbook example of how you do Turn your country from one of the most promising economies in the world to a dead nation.

https://www.independent.ie/business/argentina-offers-a-lesson-to-britain-on-how-a-major-economy-can-implode-42080583.html Argentina teaches Britain a lesson on how a large economy can implode

Fry Electronics Team

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