It seems like Argentinean President Cristina Fernandez increasingly has the world lined up against her, but there’s no reason to feel sorry for her. Fernandez is the librettist of her own drama, and she is carrying out an international populist performance worthy of her famed predecessor, Evita Perón, updated for the anti-globalization, Occupy generation.
In the process, the Argentinean leader is taking her country on a sharply different path from the one chosen by other booming South American economies, moving Argentina down a perilous road.
She is also driving foreign investors, as well as many domestic ones, away from Argentina. Years from now, she will have carved out a name for herself, either as the woman who proved her critics wrong, or as yet another in a long line of Argentinean presidents who squandered the country’s vast potential, though not without with a certain flare.