There was a period in my life when I lived in Buenos Aires, setting up a branch of my business there. It was 2016, and we had the hope that Argentina could finally embark on a path towards sustainable economic development. In addition to the memorable experiences with roasted meats and excellent wines from Mendoza, I vividly remember that Argentines had a great interest in common: politics, football and motorsport.

A Parallel between Brazil and Argentina.

It was inevitable for me to draw a parallel between my country, Brazil, and Argentina during that period. We both share a vast geographic area, we are located on the South American continent, we produce agricultural commodities for the world, we have an abundance of natural resources, we are passionate about sports and we exhibit remarkable cultural diversity. Despite these similarities and geographic proximity, our realities present enormous economic differences.

How can a country that once had one of the highest per capita incomes in the world find itself in an economic crisis of this order?

In my analysis, I realize the importance of a country's commitment to fiscal policy. If,  over the years, government managers spend more than they can collect, the only remaining option is to resort to printing paper money to cover expenses , triggering a cycle of inflation that, in turn, contributes to the impoverishment of the economy. population. Thus, it becomes evident that inflation , a central theme in my study and work, not only impacts the lives of investors, but broadly affects the entire society .

What is the origin of the problems in Argentina?

Talking to Argentine colleagues, I did not reach a consensus. Some say it was Peronism, others say it was the military coup that left the country in its current situation. There are also studies that indicate that the great crisis in the United States in 1930 was the precipitant for the collapse of the Argentine economy.

And now Argeninta?

The Argentine government, under the leadership of President Javier Milei , has announced a series of sweeping economic measures that are poised to significantly transform the country's financial landscape . In a statement led by Economy Minister Luis Caputo, the plan includes the devaluation of the Argentine Peso , new regulations for foreign trade and substantial cuts in transport and services subsidies.

In 2019, we sold the operation to a multinational, but I maintain close ties with "my Hermanos family" . When asking them about how Argentines are dealing with the new government, the answer was expressed in a metaphorical way: now, Argentina is facing a critical moment, resembling a football game. The situation is clear: either she scores the goal and wins the match, or she faces a devastating counterattack and loses definitively, as even the goalkeeper is in the attack. The hope of all of us is that there can be a "Messi", a "Maradona" and even a "Fangio" within the economic department of Argentina , so that joy and prosperity can return to their splendor in that country and, consequently, in America Latin.

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