Lorenzo Juan Sigaut (born 6 June 1933) is an Argentine economist.
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Lorenzo Juan Sigaut (born 6 June 1933) is an Argentine economist.
He served as Minister of Economy of Argentina from April to December 1981, during the dictatorship of Roberto Eduardo Viola. [1]
His term in office was marked by high inflation, external debt crisis and capital flight, that provoked an economic crisis which resulted in his replacement by Roberto Alemann.
His infamous quote "Anybody who bets on the dollar will lose" (El que apueste al dólar perderá), referring to those who had savings in United States dollars, became the laughing stock of Argentine economists for decades. [2] [3] [4]
Roberto Eduardo Viola was an Argentine military officer who served as the 48th President of Argentina and the 2nd President of the National Reorganization Process from 29 March to 11 December 1981 as a military dictator.
The Socialist Party is a Centre-left political party in Argentina. Founded in 1896, it is one of the oldest still-active parties in Argentina, alongside the Radical Civic Union.
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The Integration and Development Movement is a developmentalist political party founded by Arturo Frondizi in Argentina. It is member of Juntos por el Cambio.
Roberto Alemann was an Argentine lawyer, economist, publisher, and academic.
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Veníamos bien, pero de golpe pasaron cosas or simply abbreviated as pasaron cosas, is a phrase that was uttered by Mauricio Macri, former president of Argentina on 17 June 2018 during an interview with Jorge Lanata, well-known for being a fervent opponent of kirchnerism as well of the austere policies of Macri, while trying to justify the worsening of the country's economic situation in the last two months, in which an exchange rate run occurred that culminated in the resignation of the president of the Central Bank of Argentina, Federico Sturzenegger on 14 June, while resigning to the post, it was left an erratic accumulated inflation of 95% and a devaluation of the peso of 175%. By pronouncing the phrase, Macri sought to release the government from any responsibility regarding the country's crisis, stating that it was the product of a greater worldwide situation, in which the world was in a "very volatile financial situation", remainings of the financial crisis of 2007–2008.
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