Argentines inflation expectations for the next 12 months in July climbed to 35.7%
Argentines inflation expectation for the next twelve months climbed in July to 35.7% from 34.9% in June according to the latest report form the Di Tella University Finance research centre (UTDT).
This is the fifth month running that inflation expectation is above 30%, although there are some slight variations to that perception: while in Buenos Aires City it stands at 36%, in metropolitan Buenos Aires it is 35% and in the rest of Argentina climbs to 37%.
According to the replies from the interviews for the poll, for sectors with lower purchasing power the inflation rate expectation is 37.9% while on the opposite, the high income bracket the rate is 34.9%, said Guido Sanleris head of the UTDT research centre.
The official inflation for the last twelve months according to the government’s stats office, Indec, in June was 9.9%, but private estimates, an average of which is released by the Freedom of Expression committee from Congress indicated 23.9%.
The new salary contracts in Argentina are discussed from private inflation ratings and estimates since there are suspicions the official data from Indec is manipulated. A suspicion shared by the Argentine Judiciary and multilateral organizations such as the IMF and the World Bank.
The inflation expectations public opinion poll was done by consultants Poliarquía between July 2 and 10, and included 1.205 interviews covering the whole of Argentina.
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As to how much longer the people put up with this is anyone's business, but every day brings CFK's tenuous grip on Agentina closer to ending.
True, it works very well for the 'Dear Leader' CFK and her minions, but if you're a peasant well it's 'let them eat cake!'
It seems as if it is back to the days of the military junta during LA GUERRA SUCIA. CFK will soon have her exit.
Oh well never mind, perhaps they'll revert back to facism.
I think we should try and put aside the pharse “dirty war”. I completely understand the sentiment in English but it wasn't a war. More of a genocide really (although it can't be called that legally for UN reasons).
Why can she not admit hers and her husbands “economic model” has been a complete and utter failure and is destryoing one of the worlds rescource rich nations. Even if we take this figure with a pinch of salt and say take a middle ground betwen offical and unoofical this would still be a inflation rate of 22.8% which is huge. In 6 months the Argentine national bank will be printing pesos like mad to keep up with the inflation rate and to stimulate growth in its failing economy. Hyperinflation here we come.
Maybe CFK should stop giving speaches in front of Eva Person and use Isabella Person instead, they have far more in common
If she fails,
We can all wave her goodbye, as she cries past us ..
I was refering more to Isabel Person distroying the economy by failing to tackle inflation, but who knows what she is capable of. I hope to god as well this will not happen. I think it would be unlickely given the poor strength of the Argetnine milatry.
I don't think that the military would have a great deal of difficulty dealing with Fat Máximo and his La Campora thugs. Quebracho might be a little tougher but the milicos have guns and the thugs mostly don't.
Anyway lets hope it won't come to that!!!
”On Thursday, Economy Minister Hernan Lorenzino said the federal government would send another 600 million pesos ($132 million) in financial aid to Buenos Aires province and allow the province to issue a 900 million peso bond, backed by revenue from a national tax-sharing scheme, to pay debts to providers”
in.reuters.com/article/2012/07/19/argentina-province-debt-idINL2E8IJL2N20120719
Given that this is not from government official sources, it is probably a lie.
Note that “”The president has resolved ... to tend to the situation of state workers in the province and the provision of essential services on the part of the provincial government,“ Lorenzino said.”
I think she's trying to gain a little political capital from this, but it probably won't work as Scioli has a very good acceptance in the Province of Bs. As.
Ha ha. I thought exactly the same thing as you. she wouldn't give the money a month ago so it was all “f*ck the workers and their pay, your problem not mine”. Now she is the benevolent leader wanting to print as much cash as possible so that the workers can get a lump sum which will devalue by c.30% by this time next year. She truly is on the side of the little man...
www.buenosairesherald.com/article/106176/the-silence-of-the-lambasted
www.foxnews.com/
www.cnn.com/
And then you dare criticize Argentina's petty crime problems... How many shootings last 48 hours?? TEN??? Like 20+ dead and probably 100 injured. Shootings at universities (normal), offices (normal), random, and now even in MOVIE THEATERS.
What a hllhole
Tobias, this thread has nothing to do with shootings anywhere, it is about a Di Tella University report on expected inflation.
As far as I can see no one has attacked Argentina, no one has slagged us, so WTF are you commenting on a very nasty case in the States?
If that is true, that is because in the UK one no longer needs to be a blue collar thief. Totally legal to rob the population blind from nice cushy bank offices. Basically the UK economic model the last 10 years.
Another joke of a country, can't control some stupid banks who rob you and do it again and again and again.
Again Tobias, WTF has this thread to do with robbery? Unless you deem inflation to be robbery, whic is fairly close to the truth!!!!
Those of us with actual education, with business, with land that grow commodities, or those that do tourism, can adjust prices quite easily, and salaries too, since they depend on the private sector and international prices, not government dictums.
The only people hurt long term by inflation are the poor, and they deserve it. If you are stupid, you deserve stupidity in return.
Well one thing we dont want it accept the export of Argentine inflation to nieghbouring countries but she will then complain a) to the WTO for unfair trade practices and b) to the Mercosur that the banning of of free passage of goods and disservices is contrary to the Treaty of Asuncion!
“The only people hurt long term by inflation are the poor, and they deserve it.”
You have just lost any respect I might have had for you!!!!!
That is probably the most disgusting statement I have ever read.
If you really mean what you write, Tobias, you are the ultimate in heartlessness, the military Junta is a “nene de pecho” beside you.
The poor in Argetina aren't poor from choice, they are impoverished by 70 years of bad government and cruel exploitation by the political class in this country. They sufferfrom lack of education because the Governments over the last 70 years find it convenient to have a semi illiterate lower class to buy votes from.
Tobias you are a very, very nasty piece of work!!!!!
Hsitory shows us that no succesful econmic model has ever survived with high inflation.
In this country, you can find a mountain of indexes, made by those so called private analists and universities, in fact many private analists, who are owners of polls, tell all the time that we are almost like venezuela, and predict economic disasters, but none of their wishes finally happen. However, neather those hipocrites, nor some of the ignorants who publish comments here, and who seem so concerned about the inflation level in this country, tell about the true reasons of this problem, which will take many years to be solved. None of them tell about the huge economic concentration that we have in the most important sectors of the economy, due to the most powerfull corporations abuse of their dominant power, and increase the prices of the products, instead of making enough inverstments. None of them tell either about the lack of financial support to the enterprices, most banks give credicts mostly for craving of goods, but just a few of them give financial support to the enterprices, which is the most important. That's why it was necesary to change the charter of the central bank . All your so loved private analists just blame c. f. k and guillermo moreno, and recommend to lower the public expenditures, and to go back to the i. m. f. Anyway, the worst of this situation aren't the mediocre and hipocrite analysis of those private analists, many of them are just lobbysts, it's their job. The worst of this situation is that many people believe them, specially some of the ignorants who publish comments here, who buy so easily the analysis of those lobbysts, and who make stupid and ignorant comparisons.
I think that the military believed that they were waging a war against communism.
I love the expression
A CADA PUERCO LLEGA SU SAN MARTIN
No that would make for a sensible, meangiful and intelligant debate wouldnt it. I would hypothise you dont want to discuss if because you have no intelligant arguments to put on the table and will continue with your insults to try and make a point which only strengths the counter argument.
@34 I see very little in the way of insults towards CFK on here (in fact the only reall insults are comming from TTT). What I see is people discussing the situtation and putting forward economic arguments to show how CFK has lost control of the economy and does not seem to understand the dangers of inflation. Im not saying people do not isnult her on these boards but to try and argue your point by impling everyone on here has a vendette is, im afriad, a very weak counter argument. I agreee their are problems leading to the inflation in Argentina and that it will take a long time to solve, however CFK does not appear to be doing anything to solve the issue (how can she when she instructs the national INDECS to publich false values). Unfortuantly for Argentine the majority of the world and its buisness (not just as you seem to suggest “ignorants” on here belive these independent analysists (regardless of their motives) so butting heads with them only hurts Argentines future growth and investment. Argentine could silence these critics, overnight if it published the actual inflation rate. I have stated to you before than foreign banks will not lend money if it feels they will be exposed to high risk for low return as a result, they will pack up their operations and capital and leave the country. International business is all about risk/return balance if there is nor return and high risk shareholders will not allow the companies to continue to trade in those markets or environments. Argntine is a trisk of isolating itself from the international business market which runs the risk of plunging it into deeper financal problems due to lack of capital or borrowing capacity.
Please see @37
Your diatribe against the commentators on this thread seems to be pure invective, it does not say anything about the article.
The Di Tella University is predicting a 35.7% inflation rate. This has nothing to do with hating CFK or slagging Argentina, this is a report done by a serious institution that should be taken into account by the government.
If the predicted inflation rate is correct, you salary will be worth almost 3% per month less, in other words you are paying a 3% inflation tax on your salary!!!!!
@23 Tit likes to do this. Because he's a Tit. I just wish the majority of latinos would do the world a favour and get on with killing each other.
@25 Tit by name, Tit by nature.
@29 Another “private sector” pillock. “Adjusting” prices and salaries may also be robbery. But then why would you care? Typical nazi. Bet “the poor” can't be part of your “master race”, can they, shite scum? Who did you steal your money from, shite scum? Making lots of money out of other people's misfortune, are you, shite scum? This, incidentally, is your new name. Shite scum. Strangely, it matches up with “SS”. Never change, do you, shite scum?
@32 I'm with you, Simon. But, did you ever have any respect for that piece of stinking slime?
@34 You need to STFU. I read the whole of your comment all the way through. Just in case there was a glimmer of intelligence. There wasn't. But I will congratulate in mentioning one word, as it describes you. The word is “analist”. A tiny modicum of intelligence on your part would have suggested a link between the words “analysis” and “analyst”. As long suspected, you have neither intelligence nor education. You are a time-wasting prat.
@35 Shite scum, you couldn't discuss composting with a dung beetle. Go find yourself a suitable seat. Eight feet long, thin, made of steel and with a sharp end. Then bounce on it!
Of course you forget to mention that in in the last 4 years prior to 2012, Argentine salaries went up almost 50% compared to those in developed countries, because the nominal peso devaluation of 5% a year was nowhere enough to offset internal wage hikes.
As such, the cost of living in Argentina has stayed the same or increased, but foreign destinations and products have become far cheaper.
I love it how people here claim Argentine salaries have just gone down down when in real terms they are way higher in the international scence which is why the country developed this problem of imports surging past exports.
It is not a scientific process but I can tell yo not all of us working in the Private sector are enjoying these wage hikes, it is mainly only those compnaies either aligned to unions or state employeers. Most professionals do not enjoy this degree of wage icnrease, therefore for me I feel like rising prices in my local vea are taking a larger propertion of mt monthly salary than they were this time next year. Inflatiion can not grow indefentily at some point it will grow so high that the pesos will be massivily devalued vs other internationa currencies and the the goverments will struggle to pay its bill for imports and debt which has to be done in dollars, i.e. it will cost them far more pesos to buy the dollars needed. This will have an effect on the lives of all argentines and I for one do not wish to see this happen.
www.facebook.com/Britain1592
And when this happens, the treasury notices it's exhausted all of its reserves of foreign currencies and the peso is essentially worthless in currency transactions.
That situation results in either another Argentine default on its sovereign debt and/or a zimbabwe style end to any pretense of an internal economy based on the local currency. Argentina's laws against procurement of US$ will either disappear or just become totally unenforceable when a basket full of high-denomination pesos is worth a basket...
Ever been to the USA for an perod of time?
Argentina has all the potential of a great and successful country if they could but break away from fascist governments, learn some work ethic and make that step where cheating the system becomes socially unacceptable because they are cheating their own neighbours and undermining the growth of their own country.
What is very interesting is the 'I'm alright Jack' attitude and blatant display of how disparate the country still is. As if any part of the country is immune to inflation, economic collaspe and the resultant public unrest. People of Mendoza had some very alarming tales to tell me about the last crisis and you only have to look at the high security on houses to understand how fresh it is in the minds of people who actually lived through it.
Do I have to? I would be terrified of going to a movie, or walking in a university there. The most appalling part is that the news headlines from the USA say “shooting stuns the nation”.
Stun?? They just had like six other mass shootings since Monday!
Absolutely no one on the planet is stunned another mass gun down of heads happened in that country, they are the only ones. Explains why they never seem to do anything about it.
Really? Argentina has no such gun culture. Most crimes don't even involve a gun. The only areas where gun are “part” of the culture are the northeast Chaco range areas, and Patagonia.
When was the last time there was a mass shooting in Argentina at a school, a movie place, a university, or an office building? Answer is there's never been.
I was recently in a Central American country were 100 murders a week is average and armed muggings the norm. If I heeded the FCO advisory, I would never have travelled there but I know that by far the majority of people are good. I met some amazing people and would have missed out on some magical experiences if I had been too scared to go there.
Man up, the USA is perfectly fine to visit.
IF i were to decide to visit San Juan City
What would you recommend me to eat what meal and in which restaurants at Sarmiento Street. ?
Gotcha!
So why do you all try to scare the sh!t out of people about Argentina's crime here on a DAILY BASIS?? Funny isn't it now everyone here is saying I should not be afraid to travel anywhere? When Argentina is actually one of the safer places in the world one could go, outside of Europe, yet all of you here describe the place as a heart-on-your-throat place... typical over-exagerations.
Once again, uncovering how finely hypocritical many of you are.
no killing.
68 injuries
It's a city of 15 million where all crime is put on the news. In the rest of the Americas only murders are mentioned, not just “someone went to a home and pointed a gun/knife”, which is the case here where all illicit activity is front news and the channels send live-mobile trucks to the scene, even when no one was even touched.
I dont want to believe he lives in Aurora/Colorado !
And the other difference is Argentines go out and protest crime, in the USA they've had hundreds of mass shootings thousands of dead and when have you see a nationwide protest, if not to demand action, at least for solidarity?
There is a fine line between “letting the system work” and utter supine unconcern.
Mainly because of their own greed and incompetence,
Its your countries, your problems ,
Stop blaming others,
.
I'll be waiting your reply, dont let me hunger.
you and i ,after meal lets take a walk in this small city where i do want to see somewhere i think you would like to be my host.
So we have a article about the chronic inflation destroying the Argentine economy and immediately a rather crude attempt to deflect attention is used to avoid the subject.
The British are crooked! Argentinian's in glass houses and all that...
Mass murders in the US! I see because of course that's related to Argentine inflation....
Meanwhile back on topic seems the walls are well and truly closing in on Cretina now!
First to give a coherent answer gets access to my account.
At this moment in time,
Nothing at all,
For the FF Falklands have no inflation,
[ I hope ]
.
comments are written from US / UK.
Economy and trade
currency: Falkland pound = 10 pence ; in parity with GB pound
annual inflation rate: %
population below poverty line: %
Gross Domestic Product: USD per capita
GNI USD per capita //; - [ppp: ]
GDP growth: %
income: USD per capita
import: USD 17000 per capita //; - export: USD 4200 per capita
trade: USD 14500 per capita //; - or % of GDP
trade partners: GB
human development index: //; - position of the country in the world no.:
female labour force: 43%
unemployment: %
www.populstat.info/Americas/falklisg.htm
.
I said that : Is there any person from FI here to tell us what the CPI rate there.
I want to ask her/him some consumer brands and their prices
detergent, parfumes, flour...etc...
yes no doubt an islander will give you this information,
as we are in the UK , we know not,
And did you hear that one of the killed had survived a mass shooting just weeks before!!! Here's the nauseating piece:
www.enstarz.com/articles/4357/20120720/james-holmes-colorado-shooting-victim-gunned-down-had-survived-another-shooting-batman.htm
What a safe country compared to Argentina, no wonder Yankeeboy is terrified of Argentina, and keeps coming back! :|
I have never been robbed in the US. In argentina I have had countless things stolen, been mugged on the street and been the victim in one home invasion by five guys who all incidentally carried guns and claimed to be cops. Stay in normal places in the US and you will be safe, in Argentina no place is safe, especially when you are close to law enforcement, they are the worst. The five who robbed me and took my family hostage spent about three days in jail, the case was thrown out because two of them were actually cops. Once they found out they were cops the story magically disappeared from the newspaper. No gun culture in Argentina I see, what a load of shit and its all coming out of your mouth. I don't go anywhere in that country without a gun which incidentally is very easy for me to legally bring in the country.
I've never been victim of any crime. Good bye loser.
ouch!!! hurts to be wrong doesn't it. Your only redemption is that you finally spelled loser right. You are the victim of a crime, when your father raped his sister you were the by-product.
I am very hopeful Latin Race toward the Revolution not from all other numb ethnic groups who won't do.
@78 Because you're a criminal? Following your comments regarding how inflation can be averted for you and those like you, certainly seems like you are a criminal. Didn't they used to call people like you, profiteers?
@83 Just to cheer you up, if a latino had just had a shite and you gave him/her a piece of soft paper, he/she wouldn't know what to do with it!
No crimes like mass murder in Argentina?! What would you call the mass murder of 30,000 of your own citizens by your own government? Sure, you haven't yet become as prolific as the Germans, Russians or Turks but keep trying, you'll get there. Instead of priests and nuns next time try adding some mentally handicapped people to the line when they are being tossed out of planes. Nobody outside of Argentina is buying your little pity party and your holier than thou attitude is ridiculous when you can only back it up with childish taunts forced into your head by constant indoctrination. And you wonder why the Falklanders want nothing to do with you!
I think these numbers have been 'prepared' by INDEC, they are laughably low when compared to similar data on Uruguay (different groups in some instances but both show totals).
in miserable USA :
FOOD STAMP participation ~ 50 millions people
FOOD STAMP participation rate ~ 15 %
I am very hopeful Latin Race toward the Revolution not from other inept,numb ethnic groups who won't do.
hahahaha, yes lets bring up history again. These lamentable microcephalic brits, then they cry when we play the history “card” (because their history is humiliating and embarrassingly subhuman, most of you can't take it).
Tinkerbell, wake up before you post. Why can't you take it? Be a man for Christ's sake. You made the comment about Argentina not having a history of mass murder. I merely pointed out a time in history that you had conveniently forgotten about when you made the comment. What was the name of that prison in Southern Buenos Aires Province where they had riots and the leaders of the revolt killed about twenty people? Afterwards they ground up their bodies and made empanadas out of them to feed the prison population, I can't remember the name of the prison, maybe the leaders were of British descent, I don't know. BTW, I 'm not a Brit! (or Swedish)
You should slide out of your cave,one time anyway. It gives credibility to your critical if not hollowed thinking of the USA. 6 mass shootings in the USA sine Monday huh........kfc news broadcast I bet. Must make you excited.
What do you suggest we do about this problem, that you think only happens here?
@89 Of course argieland has a history of mass murder. Search around and you will find TiT's statement that there are no Amerindians in argieland. Indicating that TiT's forebears murdered the lot. Who is currently responsible? TiT and his ilk, of course. AND he wants to maintain his elitist position. Thus he has a new name. Shite scum. Message for “the poor” and disadvantaged of argieland. Find this piece of slimy shite scum. Give him what he deserves!
Some aspects of British colonial policy is nothing to be proud of neither is the behaviour of the Argentinians. Your Dr (now Lord) David Owen authorised the sale of GBP 45 million of arms to the abhorrent military junta in 1979 - this was of course the Wilson Labour Government. These same arms were probably used against the UK during the Falklands/Malvinas conflict in 1982.
This was fine because it involved white on white violence. On the other hand HM Government rewarded Robert Mugabe with a knighthood and “forgot” about the massacres his North Korean 5th brigade perpetrated in Matabiele land. I could go on but it's not worth the effort
Tuesday 28th September 2004, Instituto Nº2 “Islas Malvinas” de Carmen de Patagones, Buenos Aires.
A teenager (15 years old) killed 3 of his classmates and injured 5 others with his father's pistol. His father is a coast guard.
Turks ?
they are nothing
half of them Russian the other half of them are American collaborators like Arabs...
****************
87
Revolution ?
need to move fragmentation of USA not revolution !
We'll take back the California and Tejas Republicas
Not crime of the past,
I doubt very much, if there is a country, out there that has not done some bad things in the past,
You cannot condemn the future for the past,
Besides, was it not the Italians that nailed Jesus to the cross?
Russians that palled people to poles for fun,
Mongrels that threw, the dead bodies of infected people over the walls,
The Swiss that collected thousands of teeth, from the victims,
The cavalry that slaughtered thousands of red Indians,
The Mexicans who attack and killed those brave men at the Alamo,
The Spanish who whipped out the inhabitants of south America,
Or the Argies that threw nuns from helicopters,
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Thank god we come from mars,….lolol
Relax its only a blog.
besides whilst you have read this, your infation has increased by 2%
Let's not forget the police in Argentina that torture and shoot their detainees. So much for innocent until proven guilty.......or is that the USA.
world.einnews.com/article/106324203
Beyond our ideological differences, this is pretty obvious that many of the people who publish coments here everyday, buy so easily the too partial anlaysis of those so called private analists, just read many of the comments of this article, or those that were published in others articles, that are related to the economic situation in argentina.
I dont deny that the torcuato di tella university is a very prestigious institution, but what it publishes is just an opinion like any other, in fact there are others indexes which are published in the press also every month, which don't coincid with it. what we need to do, is to make an ample analysis about the true reasons of the inflation level in this country, thats' something that those so called private analists who you love reading don't do, instead of blaming only on c. f. k. I dont deny either that all what the government did in order to controll the inflation has been absolutly insufficient, in fact, i explained in my comment 34 why it will take many years to solve this problem.
Anyway, for being honest, i think that allthough we discuss deeply about the reasons of the inflation level, we won't never agree, due to this is evident that we have very different ideologies.
Read more: www.mysanantonio.com/news/article/Argentines-outraged-over-police-interrogation-3722788.php#ixzz21KMuM2SY '
Nice place... nice people.......
What a t*sser you are!! You see what happened there? You've just f**ked yourself in public, again. We didn't do or say anything and you f**ked yourself. how? by posting this little gem:-
“The only people hurt long term by inflation are the poor, and they deserve it.”
Ok so now we all know you're a Nazi, a bottom feeding, scum-sucking Nazi.
But wait!! there's more because you then go on to f**k yourself a second time!!! with this little gem:-
“I'm not going to discuss economics with the British. A country whose economy is run by crooks overseen by mobsters. Pathetic really”
transferrance I think............. more a comment on Argentina's leadership than the U.K's.
The history of Argentina's governmental leadership since 1930 speaks for itself.
#94
Go ahead take back California and Texas. We watched you take back the Falklands.
You would be doing the world economy a huge favour by trying to take back California and Texas, nothing gets the economy rolling like a good war. Unfortunately it would only be a prolonged target practice for a few good men and country-wide abuse of waiters, waitresses and chambermaids, not to mention the loss of illegal employment at Taco Bell and Chi-Chi-s. Grow up!
And 101, why isn't the economy rolling after 11 years in southwest asia and the middle east. 3 dead in my family and I'm a little warred out. I don't particularly feel like giving up anymore family for oil.
If those businesses didn't hire illegals, most of them would go under.
You are comparing a war for oil with what would be a patriotic war, quite a difference and you know that. As sorry as I am that you lost 3 from your family why would you flaunt such a personal loss in a public forum? You obviously had very little respect for the family you lost and if they were in the military I'm sure they understood what their profession entailed.
Yeah,I'll lower my head and shut my mouth when you7 commit suicide.
As for business I guess that really justifies not prosecuting businesses for hiring illegals and if that's the case, illegal immigration needs to be removed from the public spotlight as an issue because that is the ONLY fix to it.
I was 11 bravo buddy.......what was your MOS?
California/Texas have been under invasion since more than 100 years by foreign military power.I back their separations.
The American Iraq operation was not related oil,no importing oil from there.The US citizens brains can not perceive it why.
but having sussieUS in your ranks does not help.
As you were in 11 Bravo I appreciate the fact that you have been under fire, I find it hard to believe that if the USA was attacked you would not have been first to see action and you would have questioned it. I accept your military expertise but this is an anonymous forum, questioning others' values is easy from atop your horse but as you haven't met the people you are chastising and know nothing about them it makes any post questionable. If your military credentials are not required to post here, why would you bring them up? I have experienced live combat, where, when and for whom is my business.
“nothing gets the economy rolling like a good war”
And 105
Every foreign policy the USA makes is based on oi. Thinking otherwise is juvenile or your not from the USA. You thing we want a presense, a soild presence be it militarily or politically because we want the three natives to make nice.
And as an added bonus of sounding off, save for a few, everyone here sounds like a politician, pounding their chests with jingoist words of my country is better than yours and almost all have never been to the targets they blast.
And Z, if you don'tlike what I say......do something or crawlback under your rock.
The rest of your post was so intelligent, why did you choose to end it like that?
“I'm not going to discuss economics with the British”
Given that your inflation is 10 times higher than that in Britain then maybe you should, you might learn something.
Priceless comeback! LOL
But we all know that the Malvanistas and Argtards believe that if they keep burying their heads in the sand that all the bad stuff will go away. When the final death throes of the argentine economy occur, they'll look around in confusion and disbelief and say, “Well I didn't see that coming!”
#34 Well said
#46 Is that why she's converted her dollar savings into them then?!
“Is that why she's converted her dollar savings into them then?!”
Sure she did. I believe her, honest!
BK - CFK is a politician, she will say anything (like most politicians) to get the vote. Where is her proof? Why hasn't she been on Argentine television showing her adoring public her newly converted Pesos?
Because she didn't change them. She admitted to having US$3 million, but she'll have a hell of a lot more than this squirrelled away overseas.
The inflation in Argentina won't affect the 'Dear Leader' only the poor (low and middle income families). This entire situation has been predicted for a long time, high inflation and a slow down in the economy (recession).
This is not a good place for Argentina to be. The UK went into recession with an inflation rate of 2%, and we are still feeling the sting. 37% may bankrupt Argentina, defaulting won't help as most current (not including the defaulted debts that they still owe) debt is internal, so it will only damage the Argentine economy further.
Soon the 'Dear Leader' will be ordering the printing presses to print more Peso's, but Argetnina is entering Stagflation (high inflation and high unemployment), which will lead to hyperinflation. The Peso soon won't be worth the paper it's printed on.
The 'Dear Leaders' economic model has signed the death knell for the Argentine economy which could take decades to recover from, less time with international assistance, but since Argentina still owes the international community huge sums if money they may be reluctant to pitch in and help, but any financial help will only continue to compound the problem.
Why you continue mentioning SussieUS?
I thought you are finished with me.
You released to me your name, address and phone number, remember?
Is this what an UK “agent” do for a living? Releasing your name, home address and phone to SussieUS?
Go to sleep, old man. Tonight might be your last one!
”A raffle will determine which civil servants in a small Argentine town will receive their pay first, due to insufficient funds, its mayor announced Monday.
“We will draw lots to decide the (order) of payment,” said the mayor of Bialet Masse, Gustavo Pueyo, in a broadcast from Buenos Aires private radio station Radio Mitre.”
Mas aqui......
www.theglobeandmail.com/report-on-business/international-business/latin-american-business/cash-strapped-argentine-town-pays-employees-by-raffle/article4436451/?
clap.
Now, come back to Earth and discuss the facts.
My feet are always planted firmly othe ground, it's people like you who refuse to accept reality.
But it doesn't really matter to you anyway, does it? I mean it'll only affect all those poor people whom you despise so much.
It must be great for you, Tobias, to be able to look down your nose at the 'peasants' and 'know' that you are so much better than they are. But a word of caution, Tobias, people like you tend to get put against a wall and shot when revolutions occur.
Won't be long now...Stagflation - Hyperinflation - Revolution. Tick-tock, tick-tock.
The UK's rate is now less than 1 per 100,000
The UK has higher reported crime because we tend to report it, our police love statistics and lastly as most people have home insurance as part of thir mortgage terms you have to report a crime to get an insurance payout.
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