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capital flight

  1. MDirtBoy

    Economy Economic Storm Clouds Brewing for Argentina?

    The Argentine government's budget is based upon projected growth of 5.1%, however analysts are predicting 2.5% to 3.0% growth which will certainly put a dent in the government spending that has been a key economic driver over the last decade. The slowdown is due in part to a dry crop season...
  2. MDirtBoy

    Economy Capital Flight Fell to $1.61B in Q1

    Capital flight, defined as "the formation of assets abroad by the non-financial sector," fell from $3.64B in Q4 2011 to $1.61B in Q1 2012 according to the central bank. NASDAQ Article There are a lot of people who will argue that CFK didn't have much choice but to impose currency controls to...
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