If you think it is tough doing business here, you can try moving to Argentina.  Sometimes we can forget how difficult life is in other parts of the world.  Some Argentines are not overly upset by the nation’s 40% inflation.  That is because they can remember 1989 when inflation was a whopping 1,300%.  Pharmacy owner, Eduardo Woznica, explains the typical business mindset in Argentina (Camila Russo “Argentines Gird For a Financial Storm” Bloomberg Businessweek, 8/11/14–8/24/14, pp. 16–17):

‘In Argentina we’re all used to going to bed without knowing if things will be the same when we wake up.  Now, that feeling is stronger.’” (p. 17)

All I can say is I am glad I am not a pharmacy owner in Argentina.

Posted in ECONOMY permalink

About James Meadows

Currently I serve as a training team manager for Johnson Controls at a customer-care center in Kansas City. Additionally, I am a business consultant, a freelance corporate writer, an Assembly of God ordained minister, a Civil Air Patrol chaplain, and a blogger. I believe we are living in the most fascinating times of human history. To maximize the opportunities these times present, I have a passionate interest in leadership development and organizational success, both of which I view as inextricably linked.

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