MercoPress. South Atlantic News Agency
Argentina consumers’ 12-month inflation expectations reach 39.8%
Argentine consumers’ inflation expectations for the next twelve months reached a record of 39.8% climbing for the third month running, according to the latest release from the University of Torcuato Di Tella. Read full article
Comments
Disclaimer & comment rulesGetting near that 40% mark, and most wages only going up about 20%. The poor Argentine consumer is getting poorer from CFK's economic model.
Aug 22nd, 2012 - 06:37 am - Link - Report abuse 040% inflation AND RECESSION! That is actually really hard to do, not that CFK should be proud of this accomplishment!
Aug 22nd, 2012 - 11:15 am - Link - Report abuse 0They are doomed...
She really has developed quite the model she can own and be proud of.......lol. How do these trolls defend her?
Aug 22nd, 2012 - 11:43 am - Link - Report abuse 0Because none of you have even the slightest understanding of argies. We will defend even the indefensible, if the choice is between the indefensible that it our own, and and untrustworthy foreigners like yourselves.
Aug 22nd, 2012 - 12:32 pm - Link - Report abuse 0Get it your skulls through, as long as there is even one foreigner attacking us, we won't listen. You are foreigners, after all.
#4 That's absurd...to defend someone just because they are Argentine. I suppose by what you are saying then is you you would defend Videla and Bignone....the undefendable?
Aug 22nd, 2012 - 12:43 pm - Link - Report abuse 0And not all Argentines hold your philosphy, at least thankfully none that I know.
Toby, Is playing the victim taught in school as a separate class or are you just brought up that way?
Aug 22nd, 2012 - 12:45 pm - Link - Report abuse 0This sound familiar?
Narcissistic personality disorder is a mental disorder in which people have an inflated sense of their own importance and a deep need for admiration. Those with narcissistic personality disorder believe that they're superior to others and have little regard for other people's feelings. But behind this mask of ultra-confidence lies a fragile self-esteem, vulnerable to the slightest criticism.
How the whole population has this disease is beyond me....
yanqui
Aug 22nd, 2012 - 12:48 pm - Link - Report abuse 0Decreasing growth is not recession. Recession is what is happening in EU/US...
Guzz, Argentina entered Recession Nov 11. Do you seriously think INDEC reporting 1.5% growth is really 1.5%? Come on even you are not that gullible!
Aug 22nd, 2012 - 12:53 pm - Link - Report abuse 0Sometimes I think You, Toby and Think are 1 in the same and intentionally obtuse to get a rise out of the rest of us.
Don't put yourself in the same box as “the rest of you”. Some of my enemies at words actually have wits and manage to present some arguments. You don't. You and conqueror are in a little box of your own...
Aug 22nd, 2012 - 12:55 pm - Link - Report abuse 0“Argentine stats office had professionals removed and replaced by ‘Kirchnerite’ political cronies.”
Aug 22nd, 2012 - 01:03 pm - Link - Report abuse 0true kirchner democracy right there, she is dictating what she wants her people to believe while they continue to suffer her reich lives the high! Argentina she is pulling the wool over your eyes , and you sit and take it, many people warned you for many months, Argentina will continue to crumble behind its wall of denial and lies. good riddance!
@4 why should we understand you? you have done nothing but act childish and for a country thats appauling and unacceptable, you cry and cry when issues do not go you way. By what ive witnessed I dont want to understand you, you dont deserve anybodys understanding while you behave like complete tools.
the last part of your comment sums it up! nobody is attacking argentina, they brought this upon themselves now reap the rewards :)))
the genius part of it is that the UK hasnt had to do anything, because we understand argentina will do themselves enough damage and guess what, we are right.
hahahahhahah Argentina “the misunderstood” how ironic.
take it to the UN im sure they can cook you up a resolution “thou shall understand Argentina or else” ,whatever.........
A little off subject but...I think CFK's hopes of getting China to invest in YPF may be wearing a bit thin. Sinopec is demanding compensation for lost revenue and has threatened to stop producing if they don't get it! I wonder where CFK is going to $180MM on short notice? Anses has run dry. Maybe she'll nationalise them too...that would be fun to watch!
Aug 22nd, 2012 - 01:40 pm - Link - Report abuse 0http://www.foxbusiness.com/news/2012/08/21/sinopec-may-suspend-argentina-output-on-government-policies-report/
“Sinopec may...”? Help me out with the language here... “may”, is it like “england may enter ecuadors embassy”, or does it mean that it can actually happen?
Aug 22nd, 2012 - 01:44 pm - Link - Report abuse 0Yeah MAY BE Cfk will stand up to China...I think she tried that once before and got stuck with a lot of soy oil...have you figured out how to heat homes with that yet?
Aug 22nd, 2012 - 01:48 pm - Link - Report abuse 0@12
Aug 22nd, 2012 - 02:05 pm - Link - Report abuse 0”China Petrochemical Corp. (SNP, 600028.SH), or Sinopec Group, is so concerned about oil industry policy in Argentina that it could suspend production there, a local newspaper with close ties to the government reported Tuesday“
Guzz, in this situation, think of ”the local newspaper with close ties to the government“ as being very similar to Pagina 12. They are a local newspaper with close ties to the government and they said that the government ”may” decide to expropriate YPF Repsol and a couple of months later it happened. This dos not mean it is definite but it is in the realms of strong probability.
I wonder if SInopec was nationalized if China would accept Arg Soy products then just refuse to pay for them until they were fairly compensated...hmmm that would surely gum up the works a bit. Maybe Spain should do the same...
Aug 22nd, 2012 - 02:08 pm - Link - Report abuse 0She just goes ahead and continues to fuck with everyone, including her last hope. I'd love to see her expropriate Sinpec and see CHina's reaction. I think a tad more than Spain.
Aug 22nd, 2012 - 02:13 pm - Link - Report abuse 0@6
Aug 22nd, 2012 - 03:19 pm - Link - Report abuse 0I guess it takes one to know one?
@5
Yes that is what I'm saying. Otherwise why is it that people here accuse argentines of not thinking pragmatically and holding on to supposed “untenable” positions? We hold on to them because capitulating to foreign nations that want to cheat us out and have no desire of friendly FAIR trade with us is a worse outcome.
@10
To you, Argentina behaving like complete tools is basically surrendering any shred of independence and allowing ourselves to get shafted in trade and geopolitcs by the EU, UK, USA, Japan, Brazil, Chile, Uruguay, Paraguay, and China, and all the others.
In other words, for you and everyone else here, the only time Argentina will seem reasonable to you, is when we get ZERO out of any negotiations, and when “you” get 100%. That is not friendly negotations, that is being an enemy.
“In other words, for you and everyone else here, the only time Argentina will seem reasonable to you, is when we get ZERO out of any negotiations, and when “you” get 100%. That is not friendly negotations, that is being an enemy.”
Aug 22nd, 2012 - 04:24 pm - Link - Report abuse 0Nope, Argentina will seem reasonable when it acts like a responsible 21st century nation that can contribute something productive and positive to the world, rather than being a delinquent, thieving, lying, cheating, whining, complaining, back-stabbing, two-faced, aggressive poop-hole.
capitulating to foreign nations that want to cheat us out ...SHEESH grow up! Can you not read the agreements you sign? Are you saying your Prez and Congress are too stupid to understand what they are agreeing to? Give me a break!
Aug 22nd, 2012 - 04:43 pm - Link - Report abuse 0Argentina ROUTINELY tears up contracts, treaties, agreements THAT THEY AGREED TO AND RATIFIED THROUGH CONGRESS!! Including but not limited to Bonds, Loans, Trade Agreements, Court Judgement, Fishing, and oh yeah FALKLANDS OIL AND GAS SHARING...on and on and on.
Argentina it's rulers and it's people will be taken seriously when YOU DESERVE TO BE TAKEN SERIOUSLY. No one believes a word you say and any agreements that are signed are basically worthless.
This type of attitude is why your country is relegated to 3rd world or Frontier status...
Scream, beat on the table, whine and carry on...when your tantrum is done the grown ups will speak to you...
Losers.
Argentina needs to act like a responsible nation and not a buch of whiners, because that is all you do.
Aug 22nd, 2012 - 04:45 pm - Link - Report abuse 0Argentina pisses on businesses by stealing and then expects to be taken as an equal and serious.
You bragg abut paying back 32 billion in loans yet fail to acknowledge the balance of 90 billion in defaults. Yet you want to be treated equal and serious.
You send you ambassador in England to use ambush tactics on the FM in London, yet you want to be treated as equals and serious.
You seize an American Air Force cargo plane that was there to assist your federal police force, yet you expect to be treated as equals and serious.
When Argentina realizes that honey attracts bees abd kicking the nest creates a swarm, maybe they will be welcome into the neighborhood. No one is out the collapse Argentina other then Argentina itself. Argentina needs to revise their foreign policy and define their national and international goals so they can align the country's diplomatic efforts in the right direction. Appointing experienced career diplomats in top foreign relations positions and professionalizing the Foreign Service will help a great deal. Neighbor relationships that have been eroded by reckless diplomacy must be repaired and make-friends diplomacy must replace arrogant and belligerent discourse.
Unyil then, Argentina will not be taken as an equal or serious. Argentina is it's own worst enemy.
Typical RG gov't announce the building of a huge Dam, nothing happens, nothing happens, nothing happens, announce the building of a huge dam (same dam 2nd time) nothing happens nothing happens, announce the building of a new dam ( mind you 3rd time.. is the the charm?) nothing happens nothing happens again today to much fanfare announce the building of a new Dam...but now it costs 32% more...hmm I wonder why it cost more to build in Argentina than in the USA? Hmm any guesses? I am stymied....
Aug 22nd, 2012 - 04:58 pm - Link - Report abuse 0This sort of inflation is quite common in 'Banana Republics'
Aug 22nd, 2012 - 06:15 pm - Link - Report abuse 0@17 being envious of other countries economies and geopolitics is argentinas root problem as you have clearly shown and they wont ever change as long as they have a hole in their ass.
Aug 22nd, 2012 - 08:46 pm - Link - Report abuse 0thats why the best way to negotiate with them is not to, but to stay clear and firm.
“Whats yours is mine, whats mine is mine” Kirchners model!
@ 4 Truth_Telling_Troll
Aug 22nd, 2012 - 09:44 pm - Link - Report abuse 0“Get it your skulls through, as long as there is even one foreigner attacking us, we won't listen. You are foreigners, after all.”
First rate Xenofobia.
@4 Poor child. Then die. In the meantime, you need to be getting out the recipe books and seeing what appetising meals you can make out of grass!
Aug 22nd, 2012 - 09:56 pm - Link - Report abuse 0@7 Recession is a general slowdown in economic activity.
@9 Unlike yours, our boxes won't be 6 foot x 2 foot x 2 foot.
@17 You mean that if a psychiatrist recognises a psychopath, that makes the psychiatrist a psychopath? There's something seriously wrong with that slop between your ears. What you need to do is to get out and conduct a search. Come back and let us know if you can find more than one brain cell. We'll give you 10 years. But we won't mind if you can only find one in that time. We're not expecting you to actually find that many. What a whining little child you are. Can't have what you want so you throw your dolly out of your pram. Then you lie and cheat and steal and, worst of all, fool yourselves. You want to know what happens to countries like yours? They die. For the time being, I would reckon that the world is divided into three parts. There are those who have sussed you but still try to deal with you in a reasonable manner. There are those that have sussed you and have decided to take you for every penny they can. You won't like this but you can count places like China and Iran amongst them. They aren't philanthropists. And there are those who, fortunately, have nothing to do with you.
@6 Yankeeballs
Aug 22nd, 2012 - 10:20 pm - Link - Report abuse 0The USA has the narcissim epedemic raising as is published in the US Newsweek magazine edition of 7/1//2011 and its due mostly to the economic situation US american citizens are suffering. The USA has most of all US veterans mentally ill..I see the US vets begging for food, urinating on streets and sleeping on public parks....Can you suggest any remedy such as how to improve the USA economy?
All what I read in the Arizona Republic and USA Today is that after the election consumers are going to suffer the consequences of 12 years of bad goverment, 8 years from Bush and 4 years from “food stamps” Obama.
This unholy alliance between the scab unionist Moyano and reactionary big business will end in tears. Viva Cristina!
Aug 23rd, 2012 - 12:45 am - Link - Report abuse 0The governemnt today has agreed to another 9% riase in the price of basic goods (toiletries etc) to take effect in the first week of September...end of the year estimate for inflation anyone? 55%?
Aug 23rd, 2012 - 08:37 am - Link - Report abuse 028. Welsh didn't you think that hyperinflation (panic) would set in around 60% inflation? A devaluation would get you there pretty quick the chatter is already beginning so it can't be too far off now..
Aug 23rd, 2012 - 10:19 am - Link - Report abuse 0@29
Aug 23rd, 2012 - 11:04 am - Link - Report abuse 0Indeed I did, but I'm really flying blind here. As always, if increases are incremental enough then people will accept almost anything. I suppose panic will really set in when there is a snap adjustment, a snap rise in inflation or a snap devaluation as this is when people really notice the difference in their earning power from one day to the next.
I posted this up as I remember only a couple of months ago, you posted some similar news whereby everyday goods were subject to a circa 9% rise. To have two such similar rises in one quarter says a great deal and obviously makes a mockery of INDEC’s figures. Add this to talks of devaluation and maybe things are picking up pace. As for the magic inflation number at which panic will set in…I can’t say having never been subject to inflation going anywhere near double figures…
There is a panic number and I am curious what it will end up being. A devaluation is in the works, a little leak here, a little expert opinion there and viola the devaluation happens.
Aug 23rd, 2012 - 11:24 am - Link - Report abuse 0I am wondering where they will peg it though. It has to be somewhere above the leak rate $6.8 to account for the delta between the gov't rate and real rate and they might as well build in some cushion so maybe $8-10?
What that will do to inflation is beyond my comprehension! Does hyper inflation then set in immediately? Which I guess will make the devaluation worthless? Who knows! I know this wreck of a monetary policy will be studied for years! “ How to destroy a county in a decade”!
The british people must be proud of the Prince Harry after looking this photographs. It would be better if this prince begins to work once in his life avoiding doing nonsenses around the world.
Aug 23rd, 2012 - 11:39 am - Link - Report abuse 0http://www.tmz.com/2012/08/21/prince-harry-naked-photos-nude-vegas-hotel-party/
@32
Aug 23rd, 2012 - 01:58 pm - Link - Report abuse 0Very proud. If I was 3rd in-line to the throne I'd be spending most of my time at pool parties and nailing the majority of attracvtive females in sight.
Anyway, stop being a troll and comment on the story.
33. Agree! I think it is great! Rich, good looking and having fun that is what life is about. Oh to be in my 20s again!
Aug 23rd, 2012 - 02:21 pm - Link - Report abuse 0I agree as well :)))))
Aug 23rd, 2012 - 02:27 pm - Link - Report abuse 0No wonder you are loosing ground to the Chinese :))))))
Maybe you don't keep up with current news but China's economy is falling fast.. throw in a 1000 riots a week in the hinterlands and they may have a little revolution on their hands soon...
Aug 23rd, 2012 - 02:41 pm - Link - Report abuse 032 johnfarrel2050 (#)
Aug 23rd, 2012 - 03:14 pm - Link - Report abuse 0Prince Harry works pretty hard at being a helicopter pilot, I reckon he deserves to have a bit of fun when he's on leave!!!
But it has absolutely F all to do with “Argentina consumers’ 12-month inflation expectations reach 39.8%” which is the title of this thread's article.
So “johnfarrel” we've reached 40% inflation, that's pretty good going for the Kretina's “modelo”, a little more effort on her part, with help from Moreno and Axel Kicilloff and we should soon be at 60%, which is IMHO yankeeboy's “panic number” then it's hi ho for the august realms of hyper-inflation, perhaps you don't remember 160%, 250% and eventually 2600%. The great Argentine miracle!!!!!!!
Simon, how Rgs forget the Austral is beyond comprehension! They must believe the Ks actually have changed the modelo....
Aug 23rd, 2012 - 03:44 pm - Link - Report abuse 0Funny they get a little tripped up when they try to splain it tho...
@37 Simeon Kretino
Aug 23rd, 2012 - 05:10 pm - Link - Report abuse 0Come on Prince Harry is retard!.
Hey, 14 years old kids can learn to fly an helicopter!.
Your comments demostrates your are not smart!
Leave the lad alone, he does a great job and is entitled to have fun.
Aug 23rd, 2012 - 05:35 pm - Link - Report abuse 0@ 40 reality arse check
Aug 23rd, 2012 - 06:14 pm - Link - Report abuse 0.....“he does a great job”....how ....“entitled to have fun”....you mean screwing the mexican american girl?
It's only as latina.....hell Assange wound not be in this mess if it were a latina. hehehe
Aug 23rd, 2012 - 06:29 pm - Link - Report abuse 0Poppy
Aug 23rd, 2012 - 06:52 pm - Link - Report abuse 0Could you please post a link where Correa says what you refer to. I've heard it so many times now, I'm sure it must be true... Or is it one of those “everybody knows he said that” fact?
Did I ever post or imply he said that? But I will you you a favor amigo, I will look.
Aug 23rd, 2012 - 07:03 pm - Link - Report abuse 0SussieUsarg
Aug 23rd, 2012 - 07:44 pm - Link - Report abuse 0Maybe she enjoyed it, what jealous of mexican american girls receiveing some real blue brit lurvinggggggg!!!!!!!!!!!
@ 45 reality arse check
Aug 23rd, 2012 - 09:46 pm - Link - Report abuse 0by the position shown ...he is standing up ..
it show Harry's penis is too short....
nothing blue about it
is just a wish....
notice how the troll sussie distracts content from 39% inflation
Aug 23rd, 2012 - 10:49 pm - Link - Report abuse 0NOTICED HOW CAPTAIN POPPY DISTRACT THE ARG.TROLLS FROM THE USA DEBT CLOCK? 15 trillon dollars and increasing....tic tic tic
Aug 24th, 2012 - 02:10 am - Link - Report abuse 0SussieUsarg
Aug 24th, 2012 - 07:07 am - Link - Report abuse 0Standing, kneeling, lying on your back or swinginging from a chandellier. It is all good, blue brit lurvingggggg!!!!!!! I expect the young lady still has a smile on her beautiful face ,a twinkle in her eyes and a spring in her step. Poor girl, of course it never be the same for her ever again, unless she is lucky enough to meet another brit.!!!!!
Foolish me to think this article was about argie inflation
Aug 24th, 2012 - 11:31 am - Link - Report abuse 0Poppy
Aug 24th, 2012 - 01:15 pm - Link - Report abuse 0Indeed, by the way, did you find that link or shall we just classify your (quite few of you) statements as “everybody knows he said”?
No direct link I did read a translated statement last night with no reference to that alleged statement. But as I said I never said he said that, did I? So I am not sure why you are challenging me to find it?
Aug 24th, 2012 - 02:17 pm - Link - Report abuse 0I challenge anyone of you lot to find it, until then, it's an “everybody knows...”
Aug 24th, 2012 - 02:25 pm - Link - Report abuse 0From a speech:
Aug 24th, 2012 - 03:30 pm - Link - Report abuse 0Ecuador's president, Rafael Correa, has said Julian Assange should respond to the sexual assault allegations made against him by two Swedish women, even though the case would not in his view constitute criminal behaviour in Latin America.
You will not find it in official written text.
53 Guzz (#)
Aug 24th, 2012 - 04:02 pm - Link - Report abuse 0Aug 24th, 2012 - 02:25 pm
Here it is Guzz: http://www.guardian.co.uk/world/video/2012/aug/22/julian-assange-tried-sweden-ecuador-video?newsfeed=true
Simon, I've seen that clip. Not once does he mention his views, or Latin Americas, on any sexual crime whatsoever. Try again.
Aug 24th, 2012 - 06:09 pm - Link - Report abuse 0Captain Poppy
Don't you find it weird that you can't find that text in Spanish?
No
Aug 24th, 2012 - 08:29 pm - Link - Report abuse 0I believe the evidence of my own eyes and ears. I saw the interview broadcast. The man said what he said, no amount of self denial is going to alter that fact.
Aug 25th, 2012 - 05:35 am - Link - Report abuse 0He said rape was not against the law in Latin America, those were the words he used, Latin America, not Ecuador where the law is apparently what he says it is.
Of course, reality check :)
Aug 25th, 2012 - 07:39 am - Link - Report abuse 0Everybody knows that :)
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