Mexico suffers a similar energy crisis as Argentina

Elections in Argentina showed the ruling party and the opposition having unsubstantial disputes. There is yet no awareness about the severity of the accumulated problems and the costs of carrying on with bad policies. No proposal emerges to overcome this critical situation. Thus, analogies between the oil crisis in Mexico and Argentina offer a very sobering testimony of the difficulties both countries face and the political difficulties that surge in trying to reverse the consequences of demagoguery and voluntarism.

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