I was in Buenos Aires a couple years ago and was talking to some U.S. oilmen. They said Argentina was unbelievably corrupt and that it was easier to do business in Egypt.<p>BA is beautiful but tragic, there are massive shanties surrounding a city designed after Paris and built 100 years ago, when Argentina was among the wealthiest nations in the world.<p>If you don't think politics matters, study Argentina and the way their elites, inspired by the statist Peronista ideology, have ransacked the nation and its people.
As stated by others in the article's comments, leaving the entrepreneurial stuff aside, this is really close to being bullshit.<p>It quotes Alberto Cavallo, who's father was the minister of economy that led Argentina to the 2000's crisis...<p>I live in BA and the situation isn't as bad as the article describes it.<p>Full article with comments: <a href="http://www.inc.com/magazine/201106/doing-business-in-argentina.html" rel="nofollow">http://www.inc.com/magazine/201106/doing-business-in-argenti...</a>
Living in Buenos Aires, i have to said that the article is a big rant. Sure, let's make a complete insight about the economy of a complicated, third world country by well, touring a little bit and talking with a couple of entrepreneurs.<p>This country has lots and lots of issues, corruption, you name it, but is not that bad at all. In fact, it has improved a little bit since 2001. And what is even more important to this place, it has a little but important entrepreneur community (Pallermo Valley, for instance).<p>Perhaps, constant adversity helps people to sail agains the wind or any other cliché you might love. And don't start talking about politics without knowing, we were never one of the richest nations of the world, just a couple of very rich people that thought we did and made a couple of history books about it ;).
There was a really good comment thread on this article when it was posted here 18 days ago: <a href="http://news.ycombinator.com/item?id=2603104" rel="nofollow">http://news.ycombinator.com/item?id=2603104</a>