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Argentine crisis questions Peronism’s capacity for power

RIO DE JANEIRO, BRAZIL - There is a political maxim, and therefore unquestionable, that says that only Peronism can govern a country as complex as Argentina. Those who proclaim it give examples: when the government of the radical Raúl Alfonsín was sinking into hyperinflation in 1989, Carlos Menem arrived to put things in order.

In 2001, after the fall of another radical, Fernando de la Rúa, Peronism was in charge of pulling . . .

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