The current political landscape in Argentina is suggesting Mauricio and his party will lose power in the upcoming October election. This fact is scaring many investors in the country.
I read a news a few days ago that said that even if Mauricio Macri or Alberto Fernández win, by 2020 Argentina will still be in economic crisis. The biggest problem for Argentina and many countries is the lack of a good alternative to govern the country. Political parties that are years in power, the same people who are years in power cannot bring in new energy, cannot bring in a new healthy system.
What happens is this: A guy X that have 60-year-old and his 30-year-old political party that govern the country win the election. The guy X that have 60-year-old governs the country for 10 years and can't change anything in the country, after 10 years the guy loses elections or another guy from his political party starts running the country.
people will look again the guy X that have 60-year-old (now 75) wanting to govern the country again. Let's face it, what kind of changes can there be? nothing is going to change
The main problem I see is the deep rooted social(ist) system that started with Peron. There are millions of people living/surviving on welfare, a state that has all the natural resources in the world but doesn't invest in modernising its infrastructure to be able to exploit them properly and a small percentage of people who have to pay the huge bill (the middle class).
And then of course you have the trade unions, a real mafia that dictates who will work where, and with which salary and won't hesitate to paralyse the country if the government tries to take away an inch of their power. They have made the once prosperous Argentinian industry completely irrelevant after all these years of meddling.
Any party (right or left wing) that tries to cut the ruinous welfare system can say goodbye to ever being elected or reelected, and as we all know the main interest of politicians is not the well-being of the country but their reelection.