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Source: MiamiHerald.com
By: Andres Oppenheimer
05.28.2014

At a meeting with a group of prominent economists here this week, I heard something I hadn’t heard in more than a decade from any serious person — that Argentina is on the verge of an economic boom.

The prediction was made by former Central Bank President Alfonso Prat Gay, a highly respected economist who — like a growing number of experts — expects this country to take off once the disastrous government of President Cristina Fernández de Kirchner leaves office after the October 2015 elections.

Toward the end of his presentation, Prat Gay summed up his projections with a two-sentence slide that read, “Short run: pain. Long run: boom.”

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