Re:Argentina’s government is wooing entrepreneurs with a new...
by marcosdumay on Thursday June 22, 2017 @04:22PM
(#14615031)
It's funny that here at Brazil, every time the government uses this policy we get 1.5-2 years of intense growth, and then a big recession.
The recession always lasts until ~1 year after the government start cutting social spending and stop the pro-growth policies. Then we get moderate growth again, as long as the non-pro-growth is maintained.
Besides, business don't tend to like most policies called "pro-business".
Still what I don't get is why they are selling 100 years bounds at all. The interest rate is quite understandable.
The recession always lasts until ~1 year after the government start cutting social spending and stop the pro-growth policies. Then we get moderate growth again, as long as the non-pro-growth is maintained.
Besides, business don't tend to like most policies called "pro-business".
Still what I don't get is why they are selling 100 years bounds at all. The interest rate is quite understandable.