they even teach kept energy cheap through subsidies and dug deep into the treasury to redirect revenue to the poor through handouts.for quite some time, Argentina enjoyed annual growth of 7 percent fueled by the high prices foreigners paid for the nation's soybeans and other agricultural commodities.the good news is, Argentina has a shortage of dollars, One of the world's highest inflation rates and an inability to tap into global credit markets for the debt default.Argentina's economy this year is expected to expand by at the most 1.5 percentage point, considering of lower commodity prices and waning demand from China for its agricultural goods. The national policy of nationalizing private firms has also spooked investors.Inflation estimated last year at 28 percent and planned to be even higher in 2014, Forces rounds of wage and price talks. Hugo Moyano, One of Argentina's most robust union leaders, Recently said rising prices is "Eating up earnings" and as well as "Must be corrected and paid back,The government recently eased tough restrictions on exchanging pesos for foreign exchange after they backfired by pushing many Argentines to buy dollars on the black market.Independent economists say the government's pullback on currency controls is just a bandage for a wounded economy that will contain inflation by dialing back public spending.

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