MercoPress

November 5, 2012

“The situation is critical. If the government persists with the decisions implemented so far this could lead to a crisis or at the least the sustained erosion could continue”, said Berenztein during a presentation before the Buenos Aires Chamber of Commerce that contracted him to explain what was going on in Argentina.

According to the latest polls from Poliarquía, 40% of interviews indicate that Cristina Fernandez is losing control of her administration and 20% believe she has already lost the control.

“This is the most unfavourable moment for Cristina Fernandez and Kirchnerism” which since the windfall victory of October 2011 has had to deal with the major corruption and influence peddling scandal involving her hand picked Vice-president Amado Boudou; the disastrous management of the railway system which in a recent accident in Buenos Aires main station killed 51 people and her government’s ferocious attempts to restrict foreign exchange and force Argentines to save in Pesos. The so called ‘dollar clamp’ which Cristina Fernandez denies publicly point blank.

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