It's for real. I'm Argentinian and watching the onion is pretty much the same as watching a news channel. I opt to laugh, but I should be crying. No country is as little serious as Argentina... to name a few examples:

-VAT it's at 21% -The government lies about the inflation index (they say it's 8%, the real number is 25%)... a total theft. -Farmers have to pay a 30% tax on net incomes... and after that, a 35% tax on profit... -The president is a woman (joking)