Cristina Fernandez triggers further uncertainty and fears to markets and investors
The Argentine stock market Merval index fell the most in eleven months following on President Cristina Fernandez plans to overhaul securities rules and force insurers to spend more on industrial and infrastructure projects.
The benchmark dropped 3.6% to 2.368.96 at the close of Tuesday trading in Buenos Aires, its steepest decline since November 2011.
A bill will be sent to Congress that replaces self- regulation of issuers and brokers with a greater role for the regulatory agency known as CNV. The proposal would also make trading cheaper, interconnect markets and eliminate the requirement for brokers to be stakeholders in exchanges, Economy Minister Hernan Lorenzino said Monday in televised comments, next to President Cristina Fernandez.
“We want to generate a big change in line with major global markets and the expansion of channels that the general public can access,” the minister said. “We are going to propose that the markets themselves operate as corporations and have the obligation to propagate their activities”.
The announcement brought further uncertainty to markets and fears that the administration of President Cristina Fernandez will continue to advance with the long list of interventionist policies she has been implementing since last year. The list includes limiting imports, making insurers to repatriate investments and banning the buying of dollars for savings, real-estate transactions and the repayment of local debt.
Speaking in a televised national address on Monday the Argentine president said the bill will force insurance companies to raise their investments in projects to 7 billion pesos (1.48 billion dollars) next year from the current 88 million pesos.
“We’re going to modify the destination of insurers’ phenomenal amount of funds so they go from short-term investments of financial nature to long-term investments of productive nature” said Cristina Fernandez.
Describing the initiative as ‘a turning of a page for the destination of insurance firms’ funds’, the president recalled the Federal Reserve’s bailout of AIG in the United States after the 2008 market crash as setting a bad example.
Insurance companies, which hold 64 billion pesos, will be forced to invest from 5% to as much as 30% of their funds in such projects, she said. Their investments will be determined by a committee led by the Economy Ministry, according to what published Tuesday in the official gazette.
The capital market bill will give the CNV greater faculties to create new instruments that will enable retail investors to participate in investment projects, Minister Lorenzino said. It will also allow state agencies to share information.
“We are promoting state intervention in capital markets to protect investors,” he said.
The securities regulator and universities will have a role in credit ratings, he said.
Cristina Fernandez described the credit rating industry as a “fraud”.
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244 comments Feed
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She should know about that.
She calls this 'regulating' the investment markets. What it actually will be is another way to get her grubby little mitts onto more dollars that don't belong to her.
I really do feel sorry for the people of Argentina. Their freedoms are being chipped away little by little by this mad harpy. One day they'll wake up and realise that they are living in a one party state, terrorised by La Campora trolls, and risk 'disappearing' if they complain.
I'm sure the usual Argentine poster will be on here refuting that, but it's true. Freedoms of the individual are being curtailed bit by bit and any dissent it's immediately labelled as unpatriotic or treasonous.
The NAZI's did the same thing.
Yes, she's moving fast to put every nail in the coffin of the Argentine people.
Even as the house of cards starts to sway...
It's similar to a planned economy like North Korea. The net result for Argentines will be less insurance companies to choose from and higher premiums. I sometimes wonder if there are any economists in the CFK regime. They don't seem to understand how markets work.
You lot surely understand the market. That it left you for China is a big plot and a first step in your “understanding”. Everything is under control... :)))
Shame we can't understand your English. Try again.
The attack on credit rating industry as a “fraud” is no different to her attacks on independent groups that produce figures that are different to INDEC.
Do the ordinary Argentinians really want their government to control every aspect of their lives and allow them no access to information other than government propaganda?
An insurance company acts similarly to a bank in that it provides financial services. People who work for such institutions have no experience outside of the financial markets and are now being expected to invest in some government approved claptrap projects.
It will ruin their liquidity and returns on these investments will be lower than the capital markets (or they'd already be in there). Therefore profits will fall so premiums will rise. Foreign companies will simply abandon Argentina while this measure is in place (as others have over the export demands)
What CFK is doing is finding every golden goose in Argentina and slaying it for it's meat.
interesting for the web site who claims publishing place from Montevideo.
which no one believe it.
Article says:
1) ”A bill will be sent to Congress that replaces self- regulation of issuers and brokers with a greater role for the regulatory agency known as CNV. The proposal would also make trading cheaper, interconnect markets and eliminate the requirement for brokers to be stakeholders in exchanges”
2) “We’re going to modify the destination of insurers’ phenomenal amount of funds so they go from short-term investments of financial nature to long-term investments of productive nature. Insurance companies, which hold 64 billion pesos, will be forced to invest from 5% to as much as 30% of their funds in such projects.”
I say:
Well…….
Even the turnips can see why the ”Market” and it’s ”Free Press” are against this…..
IF it works out, as it very probably will, it will set a ”Dangerous Precedent” about how to control the Financial Market and the Bankers…….
Many Countries would wish to do the same today, but they don’t dare to risk the wrath of the ”Market” the ”Bankers” and their ”Credit Rating Industry”……
We in Argentina (closely supported by MercoSur) have very little to lose and very much to gain exploring those Market Regulatory Paths…..
I just hope that whatever administration that replaces the present one in 2015 continues the good work….
It was removed, as per the rules, for not being written in English.
or are you objecting because the rule does not suit your purpose
i was saying about of the removing time not it's content.
09:30 is GMT
or
Belfast Time (this web site publishing place might be from N.Ireland )
not America continent time !
Article says (correctly):
”The benchmark dropped 3.59% at the close of Tuesday trading in Buenos Aires..
Article ”omits” to say:
Benchmarks dropped dramatically at Tuesday trading…….. Globally…
I say:
Let’s get some ”Market Perspective” ...........
“Argentina Vs The World” since the beginning of the ”Financial Crisis” in 2007…
Shall we........?:
“Argentina vs USA”:
2007 / 2012 Comparison Chart: Merval = Red / Dow = Blue:
finance.yahoo.com/echarts?s=^MERV#symbol=^merv;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs the UK”:
2007 / 2012 Comparison Chart: Merval = Red / Ftse100 = Blue:
finance.yahoo.com/echarts?s=^FTSE#symbol=^ftse;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs Germany”:
2007 / 2012 Comparison Chart: Merval = Red / Dax = Blue:
finance.yahoo.com/echarts?s=^GDAXI#symbol=^gdaxi;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs Japan”:
2007 / 2012 Comparison Chart: Merval = Red / Nikkei300 = Blue:
finance.yahoo.com/echarts?s=^N300#symbol=^n300;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Do you ”Economical Expert Turnips” need any more info about the “Argentinean Catastrophe”?
Chuckle chucke©
Are you not allowed to stay up after 9:00 pm?
People can log on any time to a computer when they are adult and not institutionalised. And many posters on here do not remain in one time zone. Also, journalists, for example, do not work 9 'til 5. (Or 10 'til 3 with a lunch break in Argentina)
You are wasting your time.
I think the Argentine stock market showed exactly what they think of the harpy's latest panic plan to grab money. The woman is bonkers.
i said [ comment 13 ] was removed in Belfast Time not America continent Time.This is the proof of my doubt.
& 25
There are no any independent press,this is reality,unfortunately !
Well if you look at the top of the page, you will see that they are using Coordinated Universal Time (UTC), which is equivalent to GMT but more accurate, as in it measures time in nanoseconds.
Why is the time so important to you?
Why do you support the suppression of freedom of expression by limiting access of South Americans to the internet?
While I don't necessarily agree with what many posters from South America say, they certainly have the right to say it.
Regarding the news item, this may well back fire on the Argentine government.
This will limit trade completely and goods that are hard to get now with the current restrictions, will be impossible to get if the Argentine government carries on with this economic lunacy.
Depends what you mean by independent - there are plenty that are independent of government influence - it's just they are all subject to the whims of their editors and owners.
Our comment write starting times are same.
& 26 is valid for you too ,as the reply.
what are complaining about?
10:19 UTC/GMT
11:19 UK time
The current argentine government is flushing your country down the shitter.
These are some of the timings I see i London
13 Guzz (#)
Oct 24th, 2012 - 08:42 am
14 agent999 (#)
Oct 24th, 2012 - 08:52 am
17 Tinx (#)
Oct 24th, 2012 - 09:24 am
21 Think (#)
Oct 24th, 2012 - 09:44 am
25 Idlehands (#)
Oct 24th, 2012 - 09:58 am
29 Tinx (#)
Oct 24th, 2012 - 10:13 am
“ ...there are plenty that are independent of government influence....””
you make just joke !
all press are tools of oligarchy ,you might think counter if you stupid.
& 30
You do say this web site publishing from UK ?
I say publishing from N.Ireland.
Wrong “Argentina vs USA” link at my comment No. (21)….
Hereby the correct one:
“Argentina vs USA”:
2007 / 2012 Comparison Chart: Merval = Red / Dow = Blue:
finance.yahoo.com/echarts?s=^DJI#symbol=^dji;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
PS: (31) Jeffski.....
1) Would you care to comment about the charts I just posted?
2) Would you care to explain how those charts support your postulate about an ”Apocalyptic Economic Policy?
3) Would you care to comment how those charts support your postulate that “The current Argentine government is flushing my country down the shitter”?
Thanks in advance
El Think
NB As for the source of Mercopress all I can say is that I know for certain that they are not native English speakers and they are subject to DOS attacks (can't think for the life of me where from)
It baffles me that you can't believe a press source emanates from Uruguay just because you don't like the news it carries.
I have posted this at 11:32 am BST. just to check what time it appears in the posting
Oct 24th, 2012 - 10:33 am
So it is showing GMT/UTC rather than British summer time.
I appreciate this web site publishers..methodic job.
but
there can be more frankly to specify it's address..why hiding ?
very nonsense that publishing language is English (foreign language)
with very incoherent English written comments at the brink of Latin America where no one read and care these things in Latin America.
None of you ”Economical Expert Turnips” seem to be able to comment about the charts I posted above (and below)……
They send a crystal clear message…………., don’t you “Think”?….
But....., of course, it is much easier to discuss about what time it is in London with a Bulgarian Troll……….
Chuckle chucke©
As I said at my comment (21):
Let’s get some ”Market Perspective”
“Argentina Vs The World” since the beginning of the ”Financial Crisis” in 2007…
Shall we?
“Argentina vs USA”:
2007 / 2012 Comparison Chart: Merval = Red / Dow = Blue:
finance.yahoo.com/echarts?s=^DJI#symbol=^dji;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs UK”:
2007 / 2012 Comparison Chart: Merval = Red / Ftse100 = Blue:
finance.yahoo.com/echarts?s=^FTSE#symbol=^ftse;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs Germany”:
2007 / 2012 Comparison Chart: Merval = Red / Dax = Blue:
finance.yahoo.com/echarts?s=^GDAXI#symbol=^gdaxi;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs Japan”:
2007 / 2012 Comparison Chart: Merval = Red / Nikkei300 = Blue:
finance.yahoo.com/echarts?s=^N300#symbol=^n300;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Maybe if your links actually worked people might bother trying to read them.
The inevitable fear is that nationalisation is for the purpose of control, rather than efficiency or benefit to the people. This move is bound to scare investors, and exacerbate an already difficult situation.
Good luck.
Just look at Eat vs West Germany or North vs South Korea. Same people, same culture with different systems. Who has the greater prosperity.
If you're links worked would be one thing, and if they were from a credible economic source would also be beneficial. Yahoo isn't known for it's economic savvy.
@38 - Tinx
Well if you don't like this site being in English, feel free not to visit.
English is, after all, the international language.
Do you know which country in the world has the largest number of English speakers?
I'll give you a clue, it's not Europe, the America's or the Middle East.
A old problem MercoPress has with financial links....
You just have to:
1) Highlight the whole link
2) Copy it
3) Paste it on the “Adress Window” on top of your screen.
4) Press enter.
5) Voila.
finance.yahoo.com/echarts?s=^FTSE#symbol=^ftse;range=1y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
finance.yahoo.com/echarts?s=^N300#symbol=^n300;range=1y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
is not strange that if you look at just the last 1 year figures they paint a different picture.
Maybe you should start using tinyurl.com/
None of you ”Economical Expert Turnips” seem to be able to comment about the charts I posted above (and below)……
They send a crystal clear message…………., don’t you “Think”?….
But, of course, it is much Easier to discuss about what time it is in London with a Bulgarian troll……….
!!! OBS!!! !!! OBS!!! !!! OBS!!!
Mercopress has a ”problem” with the opening of some financial links....
You just have to:
1) ”Highlight” the whole link.
2) ”Copy” it
3) ”Paste” it on the “Adress Window” on top of your screen.
4) Press ”Enter”.
5) Voila.
6) Chuckle chucke©
I say:
Let’s get some ”Market Perspective”
“Argentina Vs The World” since the beginning of the ”Financial Crisis” in 2007…
Shall we?
“Argentina vs USA”:
2007 / 2012 Comparison Chart: Merval = Red / Dow = Blue:
finance.yahoo.com/echarts?s=^DJI#symbol=^dji;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs UK”:
2007 / 2012 Comparison Chart: Merval = Red / Ftse100 = Blue:
finance.yahoo.com/echarts?s=^FTSE#symbol=^ftse;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs Germany”:
2007 / 2012 Comparison Chart: Merval = Red / Dax = Blue:
finance.yahoo.com/echarts?s=^GDAXI#symbol=^gdaxi;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
“Argentina vs Japan”:
2007 / 2012 Comparison Chart: Merval = Red / Nikkei300 = Blue:
finance.yahoo.com/echarts?s=^N300#symbol=^n300;range=5y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
(46) Idlehands
Yes it does......
Lame excuse.....
finance.yahoo.com/echarts?s=^N300#symbol=^n300;range=1y;compare=^merv;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Here you are.....:
“Argentina vs USA”:
2007 / 2012 Comparison Chart: Merval = Red / Dow = Blue:
tinyurl.com/9u4yf8z
“Argentina vs UK”:
2007 / 2012 Comparison Chart: Merval = Red / Ftse100 = Blue:
tinyurl.com/8awvksk
“Argentina vs Germany”:
2007 / 2012 Comparison Chart: Merval = Red / Dax = Blue:
tinyurl.com/8rn2or6
“Argentina vs Japan”:
2007 / 2012 Comparison Chart: Merval = Red / Nikkei300 = Blue:
tinyurl.com/8mj4tkf
Enjoy
For example this:
thelongestlistofthelongeststuffatthelongestdomainnameatlonglast.com/wearejustdoingthistobestupidnowsincethiscangoonforeverandeverandeverbutitstilllookskindaneatinthebrowsereventhoughitsabigwasteoftimeandenergyandhasnorealpointbutwehadtodoitanyways.html
becomes this:
tinyurl.com/9nq4r
Forgot to thank you for the tip....
Even an old horse can learn new tricks...
Please see my comment (50)
If you look at the last 1 year or 2 year graphs they paint a different picture.
Maybe the site is blocked by my work firewall - but it usually tells you to sod off rather than come back blank.
I can say this though. Argentina in the right hands could and should be a very prosperous country. If only it would stop trying to steal more lands that don't belong to them, and like other country's, stick to financial agreements.
Pay your fucking debts like everyone else has to, however painful.
Why does Argentina think it is acceptable to default on there debts, then blame the whole world for it!!
1) thy these links instead
“Argentina vs USA”:
2007 / 2012 Comparison Chart: Merval = Red / Dow = Blue:
tinyurl.com/9u4yf8z
“Argentina vs UK”:
2007 / 2012 Comparison Chart: Merval = Red / Ftse100 = Blue:
tinyurl.com/8awvksk
“Argentina vs Germany”:
2007 / 2012 Comparison Chart: Merval = Red / Dax = Blue:
tinyurl.com/8rn2or6
“Argentina vs Japan”:
2007 / 2012 Comparison Chart: Merval = Red / Nikkei300 = Blue:
tinyurl.com/8mj4tkf
2) Please refrain from using the f word......
“It’s scaring away the few investors we had left,” Guillermo Maresco, a trader at Buenos Aires-based brokerage Nacion Bursatil, said in a telephone interview. “The Dow Jones Industrial Average is also falling, so we’re facing the perfect storm.”
www.businessweek.com/news/2012-10-22/argentina-to-toughen-market-rules-in-bid-to-spark-investment
Magic crop trouble are brewing right here in River City!
“It’s pretty clear that there are signs of weakness on the global growth front and so betting that the external environment is going to rescue Argentina from its self-made troubles is much too optimistic,” Daniel Volberg, an economist at Morgan Stanley, said in a telephone interview from New York. “There won’t be payments for growth this year or the next.”
www.voxxi.com/argentine-economy-soybean-bailout-fails/
Oct 24th, 2012 - 11:42 am
They don't seem to work either. Try pasting a sentence from the website that I can then google. I'm getting nothing even when I google the key words in your link.
You aren't trying to deceive people are you?
Try those charts again and depreciate the peso by 1/2
Sorry boy....
There is a limit for the amount of time I'm willing to waste in tending my Turnip patch......
DYOR
CFK, CFK, CFK!!!! ..I support your campain of destruction of Argentina 100%
keep on the good work! you'll soon look like Sweden!
This it Tinx having a rant under another guise:
tinyurl.com/9jycmrr
no - I've given up on thinks links.
Am assuming that the budget allocated to each project will be independently audited, and every peso transparently accounted for. Particularly the 'hotel refurbishment' and 'wedding venue new build' ones.
What was that about socialism and other people's money ?
What doesn’t a humble Patagonian do for his beloved Turnip patch…..
This time; whole new links to the Wall Street Journal……
Is that “trustworthy” enough for you?
“Argentina vs USA”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Dow = Red:
preview.tinyurl.com/El-Think
“Argentina vs UK”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Ftse100 = Red:
preview.tinyurl.com/El-Think-I
“Argentina vs Germany”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Dax = Red:
preview.tinyurl.com/El-Think-II
“Argentina vs Japan”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Nikkei300 = Red:
preview.tinyurl.com/El-Think-III
“Argentina vs Brazil”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / IBovespa = Red:
preview.tinyurl.com/El-Think-IV
Think's 5 year charts are a misdirection, the last 1 and 2 year show the real trend.
It has been in the last couple of years that the CFK government have been making mess of the economy, especially the last year.
tháts trúe ...you cáptured wéll !
-----
38
why hiding ?
maybé , they afráid of IRA.
-----
The Mercopress seems liké á bít amáteurish,
talks to uníntelligent péople.
Finally I can read your links. So tell us - what do you think the charts are telling us? I'd love an Argentine perspective.
I don't know so much about you besides....:
1) Due to your profession, you are perfectly able to interpret those charts.
2) You are a Turnip.
3) Due of being a Turnip you don't listen, respect accept, let alone love, any Argie “Perspective”.
I didn't much agree with Nestor's 'model' either but he might have had an idea how to change course when it was no longer working. CFKC does not have a clue.
Indeed I do understand the charts (have I mentioned my profession before) - but I'm curious to know why you believe posting them shows Argentina in a good light.
NB What is your definition of a turnip?
What is my definition of a Turnip.............?
It varies....
In your case, If my memory serves me right, some despective comments about the Argie war dead, a coupe of years ago...
NB There's no such word as “despective” in English. I assume you are trying to find an English transaltion of the Spanish “Despectivo”
And now its been revealed the island government uses the EU as a distraction tool to deflect their blame in the state of their floundering kingdom. Anything to keep the Muppets' bemused.
Plebs have to be kept in their place, after all.
@23 You can't “impound” a website. A website is data. It might be possible to impound routers or servers, but if the owner moves the website you've got nothing!
@33 The UK and Northern Ireland are on the same time, you numpty. Get a life!
@38 Then go and read the Spanish version and stop wasting peoples' TIME!
@55 If you look back at argieland's economic history, right from the start, see who was controlling the economy when argieland did well. That's right! The British. The only times that argies have done well on their own is when “no-one” could have screwed up. All they had to do was leave things alone.
@78 What are you blathering about? Are you an alien?
Pleb, you can't understand, that is the point! So know your place and get back to toiling, you smell too.
Muppets are only to be screwed over, again, and again, and again, and AGAIN.
All 700 million of you.
pardon !
could you show us the Mercopress Spanish version. ?
i assert that the Mercopress wouldnt publish these fiction island news if it were published in Spanish or/and Portuguese.
1) Let me revert your question.......:
Do you believe those charts show Argentina in a bad light?
2) I don't need to prove nothing in here......
Besides; if the no-word “despective” is good enough inglés for the chicanos in USA, it is good enough inglés for me.....
Comprende?
You really should quote a name as well as a post number as I doubt many bother going backwards and forwards trying to work out who you are yelling at and about what.
How about the growth and inflation figures provided by her governmant agancy INDEC?
I know which one I believe.
I know/saw mány samples before.
“NB What is your definition of a turnip?”
Ah, a great question. There is much confusion dependant upon geographical location.
en.wikipedia.org/wiki/Turnip_(terminology)
I recall that Mr Think claims to be part Swede, but could he indeed, be part Turnip?
(We should get a break from the speaking clock for a while)
“” turnip “” as used méaning of “”source/cômplainer“” in Soúthern States US jargon.
-----
87
can be forbidden easily by fínding an excuse of “” black propáganda “” and/or “” misleading journalism “”...etc.
or making its frequency inpúts spoilíng.
en.wikipedia.org/wiki/Turnip_%28terminology%29
Soooo….
No answer for my question, huhhhh…:
”Do you believe those charts show Argentina in a bad light?”
You ”Economical Expert Turnips” can now continue with your Urban Legends as….:
”Cristina ate my Hamster”
Or
”Cristina stole my 50,000,000,000 dollars and my pink Chihuahua,.... if you like.”
Brainwash anybody?
PS:
I must take back my previous comment about you disrespecting the Argie war deads….
It wasn’t you….
I searched my memory (and the MercoPress’s archives) and found out that I had you mixed up with another Turnip called ”Wireless”…..
But I knew you were in my Turnip patch for some other reason……..
Your turnipy comments against a very fine, fellow Viking of mine….
If so you've charts are very misleading. The peso is worth 1/2 as much as it was 5 yrs ago.
You were the one that posted the links without any reference to why - I assume to try and bamboozle people. They're your links so it is down to you to state your purpose for posting them. You obviously believe they show Argentina in a good light.
Once you've done that I shall enjoy ripping your argument to shreds as only somebody that didn't really understand them beyond “my line is higher than your line” would have actually posted them.
As you claim to know my profession you will also know you'll need to tread carefully to avoid making an idiot of yourself.
I can only assume that is a reference to that total and utter prat Jarle Andhoy
The insurance companies will
1) raise the percentages/amounts they invest in infrastructure
2) a committee will determine these investments
Will the Ministry committee determine only the “amount” a company must invest, or will the committee also determine in exactly what project the company will invest that amount?
“Insurance companies, which hold 64 billion pesos, will be forced to invest from 5% to as much as 30% of their funds in such projects, she said. Their investments will be determined by a committee led by the Economy Ministry,”
www.surysur.net/site/uploads/2012/06/cris-y-cameron-200x208.jpg
2.bp.blogspot.com/-TfPim1JtGck/T-L3iDwxCEI/AAAAAAAAGDk/nnDa1hAq1O8/s1600/355-don-king.jpg
Barley Bread
Barley Soup
para
todos
Yum
I will laugh and laugh it the crops are as bad next year as the last year
smirk
It has been in the last couple of years that the CFK government have been making mess of the economy, especially the last year.
A little more accurate trend than the last decade of made up numbers.
DOn't forget the IMF wants ALL INDEC stats revised for the last 5 years, which means GDP too. I am pretty sure it will show their 8% growth was more like 5 and they've been in recession since Nov 11.
You are a prize turnip!!!!!
Your charts are comparing apples to oranges, or in truth pesos to dollars!!!!!!!!
I always ”tread carefully” when closer than a mile to people of your profession…..
The kind of people that can ”rip any commonsensical argument to shreds” with smart ”finance lingo”.
The kind of people that can “bamboozle” others into believing that speculation pays better than production.
The kind of people that shifted billions of people on Earth from being poor….… to being even poorer.
The kind of people that created this global financial nightmare.
Those graphs show one thing alright, matey.
There is good money to be made investing in Argentina.
But………………......... Investing in production, not speculation.
Its a shame then that nobody seems to want to invest in Argentina!
idiot
“But………………......... Investing in production, not speculation.”
There is a place for both NML Capital seem to have made a reasonable start.
The bigger issue is:
www.guardian.co.uk/lifeandstyle/wordofmouth/2010/jan/25/neeps-swede-or-turnip
@108
Please excuse the minor editorialising of your comment
“All Iranians love Ahmadinanutterjob - we support his policy 100% if the english people don't like him, it's perfectly fine since we elected him for Iran not USA or UK, I invite them outsider to worry and fix their murderous terrorist state before dictating to the Iranian democracy. The english austerity is not in Iran , don't blame your problems on my country and take responsibility.”
Press TV really is the place for you.
TODAY’s news about Foreign Direct Investment inflow variation 2011 - 2012 (1st half)
en.mercopress.com/2012/10/24/foreign-direct-investment-inflow-to-latam-rises-8-in-six-months-to-94.3bn-dollars
Argentina + 42%
Bolivia + 53%
Brazil -2%
Chile + 80%
Colombia + 18%
Mexico -19%
Peru + 31%
Uruguay - 4%
Venezuela - 20%
www.cepal.org/prensa/noticias/comunicados/6/48226/tabla_ied_2012_enx.pdf
That were the Turnips saying???
Steady on there. Calm down or you may need these.
instoresnow.walmart.com/EnhancedRenderContent.aspx?id=9799
goofball
Do you think stating facts without giving context is misleading?
Links do seem to be problematic today.
www.walmart.com/ip/21296982
Argentina + 755%
Bolivia + 53%
USA -120202402209080808082408202330000
ENGLAND - 12o232444888888883320000
Colombia - 100%
Mexico -300%
Venezuela +520%
CFK is the best president we had in Argentina. Some stupid Argentine and english ignorants still miss menem and galtiery and those same people are cheering for macri. Lol blackouts anyone?
m.youtube.com/#/watch?v=VkKnxOxnWuE
Oct 24th, 2012 - 04:50 pm
”TODAY’s news about Foreign Direct Investment inflow variation 2011 - 2012 (1st half)”
Please note, Think, these stats are for 2011 and 2012, if you take 2012 on its own the percentage falls to practically ZERO!!!!!!!
By the way did you find the WMD or do you like to just sow lies about everyone. The only truth about Libya is that it was filled with CIA, MI6 and mossad terrorist on NATO pay roll.
m.youtube.com/#/watch?v=NJ6VzwubxxA
“me and all of my family vote for CFK at the consulate in Toronto. Our Argentine democracy is not like the USA and UK dictators who might not allow for this kind of freedom.”
Guess what - postal voting is permitted for those eligible in US and UK.
en.wikipedia.org/wiki/Postal_voting
“me and all of my family vote for CFK”
Is that a flock thing, like sheep?
We believe the WMD have been spirited away by you for use in your single handed invasion of the Falklands - starring in a youtube video near you.
As far as I can see, the only would be terrorist on Mercopress is you with your childish fatuous comments.
If you feel so strongly about it, do Canada a favour and go back to
ARGENTINA and start your plans for world domination there.
Sale!
#122 Tell that to #109 she seem to ignore the facts, and I wouldn't know anything about sheep's why don't you tell us how that works in Your country?
#123 did you actually find WMD ?. If not why are you spilling more lies about people? Didn't Libya blow back showed you how wrong you all are about Saddam and gaddafi and Argentina ? m.youtube.com/#/watch?v=NJ6VzwubxxA
When you find the WMD coma back I will listen until then stop wasting your time.
#124 she might be a child you child molester and we Argentines don't have to pay for sex, we have women and english homos stalking us 24/7, Stick around you might be able to witness who they are and you could do your molesting thing.
You’re in a bad way mate, get some help before you get arrested for something they castrate you for.
you are now canadian.
relax, argentina does not want you , or need you,
your loyalty is interesting,
CFK will thank you personaly, she loves aggitaters,
they were thrown out,
but still defend her, in the vein hope of being allowed to return.
so they say..
#129 that is a mistake Argentina doesn't want British illegal aliens occupying Islands Malvinas Argentina and for that reason we demand CFK to build a nuclear defence program 100% made in Argentina to end the illegal occupation of Argentina. We love CFK because she is not menem or galtiery who UK and USA loved sooooooo much.
Here is a funny video by a US and UK comedians. I fell of my chair laughing.
Enjoy
m.youtube.com/#/watch?v=NJ6VzwubxxA
CFK does not want anymore deluded canadian ex argies, who ran away from her, to now give loyalty a go,
you had your chance,
if you go back, she will put you and others in prison,
............
go on,
go back, you know you want to,
but your exuses are, ????
You once said you are a native American. What indigenous group or tribe are you from? Are you Mapuche?
First,you should discuss the Quebec Independence rather than remote South Atlantic, dont you !
#135 I am working on it I support CFK on building a nuclear defence program 100% made in Argentina every time I get a change and I will focus on it until I see progress, you will have to hear my support for a nuclear defence program 100% made in Argentina as long as USA, UK and Canada support Muslim terrorists all over the middle east.
#136 where are you from Europe ? How does that matter will it help you find the WMD in Iraq or will that help you rid the middle east of terrorists USA, UK and Canada trained and armed ? Lol that's silly I couldn't be a mapuche they are Chilean. There is no mapuches in Argentina we have patagones, diagitas, Tewelche. Mapuches are from Chile not Argentina, we gived them refuge for a while, but seems like its time to send back home, if they want their land back maybe you can arm them so they can go back to chile and liberate their leader from Chilean jails.
m.youtube.com/#/watch?v=NJ6VzwubxxA
m.youtube.com/#/watch?v=6EUR5Dh0zBw
I am Malvinista araucano and my people have being around before the Brits deported us from Islands Malvinas Argentina. I think there is a map of our kigdom somewhere in France.
Does anyone else think poor little alex is going to go blind spanking his poor little monkey? Aalex....suzzie is a avaialble....you need to get laid son....you will rub yourself sore waxing your wood the way you do. We can all see it makes you a very angry little boy.
crustina kirchner will look her best with a bloody third eyes above the bridge of her nose.
priceless!! still laffing at that one! and right on que i noticed it was followed by yet more youtube evidence from pirat.. haha..
I just wanted to ask,
Are you a Canadian citizen, or an Argentinan citizen?
what is your opinion for about below my point ?
would you discuss with me in Canadian French ?
Quel culot et quel mépris pour les Canadiens de religions différentes qui reçoivent cette gangraine Islamique rachiste,imroductive ,violente ,bete,intolaranté sur leurs,sols ce qui est marrant c est que l on trouve le dedans matière à débattre dans des tribunaux pour autoriser ou interdire a base de loghorrees de prétoire ,eux doivent vramient bien se marrer de nous voir si cons et ils ont bien raison. !!!!
It is too bad the Rgs are too stupid to see what has happened.
The next time Argentina decides to default on their loans I doubt the Rg Congress will stand and cheer. They will be bankrupting, all of their banks, insurance companies and retirement plans.
The general populations has been fleeced and they don't realize it yet but they surely will either at the next default or when they retire and are wholly dependent upon the whims of an erratic gov't for their checks.
So we support them now make your fookin mind up, we're either killing them or supporting them, your one fooked up puppy lad, don't think the US/UK/Canada, or any western power including Russia / China would be supporting anything muslim
I was wondering what CFK was going to do come December's “red card”.
What kind of infrastructure will these companies have to invest in?
This is just the government expropriating their money for what the government needs money for, isn't it?
Once they invest this money, could the Argentine Government seize their investments, in the name of the national well being?
Only way out of this is hyperinflation to pay them off.
I really won't be surprised if Fiat, GM Ford pull out and move production to Brazil. Why bother making a profit when you can't sent it home?
In other words, if the markets don't change to become fair and honest, make your own rules.
That is a step in the right direction I wpould say.
Oh by the way, I hear that Cristina will be meeting executives from General motors at 6 PM BA time to discuss further investments folowed by the signing of additional infrastructure loans by the IDB. I guess that there is a not much fear into putting money into Argentina.
Then, to be followed by a late night meeting with the joint Chiefs of the Armed Forces.
#144 I am 100% American unlike many europeans here I am native, you can make of me what you wish, it doesn't make a difference in my life or convictions.
#145 try that in Spanish, Portuguese, Italian or english, please. French is not my forte.
#146 CFK is a great president we Argentine support her 100% and we demand she build a nuclear defence program to protect Argentine from illegal British occupation. We also demand she places a Ghana tax on every imported goods to Argentina until a whole navy fleet is complete and operational. We love CFK. You are free to go back to USA when ever you wish, we don't need leaches like you in Argentina.
#147 lol sorry but USA, UK and can'tada don't have a copyright on hypocrisy, but trust me we all know you hate all Muslims even women and children they are the only Muslims USA, UK and Can'tada will fight face to face.
#148 lol still see WMD and terrorist everywhere? Wow what kind of drugs is Colombia, Mexico and Afghanistan sending you?
Here is something to make everyone here laugh at stupid.
m.youtube.com/#/watch?v=6EUR5Dh0zBw
m.youtube.com/#/watch?v=NJ6VzwubxxA
I just wanted to ask,
Do you miss Argentina, or do you like living in Canada now?
but,almost everybody know French in Canada !
you might say that you are from Amazonia not from Canada.
“..we should also announce how we are going to sprinkle fairy dust on all the financial markets and watch the magical spring of money flood our treasury so we can build further on the mystical model..”
Note: this was only a parody and not an actual event..the author bears no responsibilty for similarties to actual events.
If you come from the continent of South America and now you live in the continent of North America, doesn't that make you an immigrant like those from the continent of Europe? Or no?
my advice to you...
convert your Pirat-Hunter name to Piranha-Hunter
You mentioned in your post (153) that ex-patriate “leeches” in Argentina can just go home. Aren't you an ex-patriate “leech” too, in Canada?
How can you be 100% American with a name like Vargas - it sounds rather Spanish to me.
We know you have a nuclear fixation - why tell us ?
Get yourself to BA and see your President and DEMAND that she do something about it.
I think it would be a good idea to start a nuclear attack program in Argentina - it would be the quickest way to bankrupt your country.
Grow up son and join the real world instead of living in a fantasy land.
you are in canada,
please no exuses, no changy subjecty,
you live in canada, you cannot go back to argentina,
you canadian now.
p/s
if you are waiting for us all to go.
then we suggest you suck a mint, you will have a long wait.
#155 found the WMD yet ? Why are you even talking to me? Go do your job.
#156 that sounds like the mission completed in Iraq. I doubt CFK will lie and make a bogus WMD claim as US, UK and Canada did to murder innocent Muslim women and children all over Afghanistan, Iraq, Sudan, Egypt, Libya, sirya, yemen, Saudi Arabia and Iran.
#157 America was one continent when the Europeans arrived and it still is the same continent the border lines if for Europeans not us Americans. That is why it doesn't make sense for me to tell you where exactly I am from because the divisions is a European thing ours. The wall in USA is just a big joke. Not even a 14 year old Mexican has any respect for them borders.
#158 that is funny they both murdering blood suckers.
#159 there is a lot of racism here in the courts if you aren't white you are likely to be found guilty of a crime to deport you and on the way try to make you feel ill by demanding you enter a program. So now its my job to expose their racism.
#160 when the british illegal aliens leave islands Malvinas Argentina I might consider Canada and USA a separate country to be respected but as long as Islands Malvinas Argentina is illegally occupy ed by Brits there is no Canada nor USA there is just America from Antarctica Argentina to the artic, that's all.
www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x720694
www.nazret.com/forum/viewtopic.php?t=2387&sid=9377af41a42c3e1f3a6f3b7e681b8fd8
CFK keep up the good work we support youn 100%
www.youtube.com/watch?v=_orfcGnaseE&feature=related
www.youtube.com/watch?v=LUwBJltxZgY
www.youtube.com/watch?v=yDITjw6ahz0&feature=related
If yours is a general question, then the answer is no. I am happy as a Catholic.
So you are a R/C then.
so you are a beliver then..
So the UK, who claimed soverignty over the islands way before you did AND won a war fought for the islands, is illegally occupying the islands? Or does that not get through your head? The claimed them first, not you. You guys fought for the islands, and the UK won. It is their land, not yours. It hass never been and never will be yours. If you want them so badly, go on and invade them again, and see how badly the UK will kick your ass even with the small military force they have present on the island.
well said !!
“islands, is illegally occupying the islands? Or does that not get through your head?”
Short answer, No.
PH Alex Vargas is very angry, has a huge chip on his shoulder. He was/is fully indoctrinated, and “Falklands are British” does not fit with what he wants to believe.
You are wasting your time, reasoning with him.
If you look at his FB page, you will come to the same conclusion we have:
He is more mentally-ill than “Sussie USA”
www.facebook.com/avargas2001
Alex Vargas
www.facebook.com/photo.php?fbid=332871196758497&set=pb.100001068575678.-2207520000.1350436
@171 Got TTT yet?
“Isolationism now”
Isn't that what you and the other genius, Pirat-Alex, think will solve all of Argentina's problems ???? :-D
You want isolationism because you believe it won't add more problems.
Great, I agree, Argentina should become isolationist. Cede from the UN, IMF, G20, Mercosur, Unasur, OAS and any other international body that you belong to.
Then when you government continues to feck you all over, you may finally realise that all your problems aren't the fault of the rest of the world, but the fault of yourselves.
So instead of having 204 new problems, you'll have 2004 new problems, and you'll realise that they're all self inflicted.
By the way isolationism works so well for North Korea.
I expect you to be back Tobias, telling me how you want Argentina to be isolationist, but not totally because...insert some bizarre reason here.
Isolationism means just that. No contact or trade with anyone who isn't Argentine.
None of you ”Economical Expert Turnips” seem to be able to comment about the charts posted below……
They send a crystal clear message about the Argentinean Economy during the past five years of World Wide Financial Crisis…………., don’t you “Think”?….
Just one of you, ”Economical Expert Turnips” responded….. Only to try to revert the question, asking me what I “Think”…. :-)))
But, of course…………, it is much easier to discuss about what time it is in London with a Bulgarian troll……….
Or………….. insult an evidently deranged young Argie in Canada…
Enjoy....:
“Argentina vs USA”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Dow = Red:
preview.tinyurl.com/El-Think
“Argentina vs UK”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Ftse100 = Red:
preview.tinyurl.com/El-Think-I
“Argentina vs Germany”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Dax = Red:
preview.tinyurl.com/El-Think-II
“Argentina vs Japan”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / Nikkei300 = Red:
preview.tinyurl.com/El-Think-III
“Argentina vs Brazil”:
2007 / 2012 Wall Street Journal Comparison Chart: Merval = Blue / IBovespa = Red:
preview.tinyurl.com/El-Think-IV
PS:
General Motors just anounced that they are investing some 500 million U$D in Argentina for the development and production t of a medium/high range new global car model.....
Chuckle chucke©
Hmmm.....the fifth time you've posted your links without explaining why or what you believe they mean. I'm guessing you either don't know or don't want to say because you're not sure and don't want to look a fool. Go on - give it a go - I dare you :-)
Each market operates as a entirely separate entity even if the markets do affect each other in different ways.
Really, I'm embarrassed for you if he thinks they are indicators of one countries performance VS anothers.
And if that wasn't enough the Argentine economy was quite clearly fueled on government spending which is obviously unsustainable if that is the main factor or one of them in economic growth and now we are seeing the obvious, the government is broke because the world economy has been slowing meaning less taxes (among other things), the economy is in freefall and good old CFK is accelerating the decline with her increasingly bizarre interventionist policies that have been nothing less than a unmitigated disaster.
I can only see a lot of lame excuses.... but not one real analysis of the Wall Street Journals Charts :-)))
Hopefully some deranged Argie or Bulgarian blogger will soon come to your rescue so you can make them look like fools :-)))
In the meantime you may continue with your “street legends” like:
(Wahh... Wahhh...Wahhhh)....”Cristina stole my 50,000,000,000 dollars and my pink Chihuahua,.... (Wahh... Wahhh...Wahhhh:-)))
Try analysing the last 2 years for a more perspective view of what is really happening.
As you have not provided a jot of your own analysis of the Wall Street Journal charts then why should anyone else? Others have mentioned a few points to consider but you have said nothing. I am awaiting your analysis with anticipation as I look forward to responding to it.
It is OBVIOUS that you've dug yourself into a hole with this - I'm just unsure yet if you know why?
If you think answering would be walking into a trap then you're right, it is. As a rule of thumb i'd guess 50% of posters wouldn't have a clue what to say about the charts, another 40% probably wouldn't be sure so would choose not to comment and the other 10% of us are just laughing at your misunderstanding of the data you have chosen to post.
I'm not going to offer a single comment until I've seen you wade into it further like a bumbling fool.
welcome to here the [Hard-Core ]s club !
but,there are many rules that you should comply with them;
-----------------------
1) You have to talk lie(speak a lot but telling nothing) many times,
2) You have to have ability of distraction,
3 ) You have to have many kinds of comment names,
4)You have to speak yourself together with your other names to cast a fly
-------------------------
Do you agree these rules,if agree then you can carry on your presence here ,otherwise you can not have a chance. !
All I can see is....:
Two more lame excuses at (180) and (181) and.....:
OUR BULGARIAN TROLL at (182)...!!!
(Tinx, murky-tinx, lighty-tinx or whatever he calls himself today)
C.mon people discuss with him about the time in London or the Weather in Montevideo......
That's what you bunch excel at :-)))
Its think making lame excuses again for not answering posts!
No need, as you have done this for us,
As for excuses, be fair here, why buy a dog and bark yourself,
For the truth is much better explained,
We do not understand these things, so a comment would be rather silly and probably wrong, or copied,
My excuse,
tis better not to comment when one is not in possession of the economical facts.
Still,
If she is correct, Argentina will be able to pay Ghana for the ship,
If she is wrong, you will lose the ship.
.
decision please ! ... to stay or not here .......
let me assist you ,if you decided to stay here my offer is that now go and open many, many ,many mail accounts before commenting .
you see and read how the loyal members of this club they(or he/she) fallen into flurry , neglect them., keep on writing your scenarios please.
I am qualified to pass judgement and will be more than willing to comment once Think has explained what he believes his data means.
I's pretty clear he doesn't understand it himself - or he would not have posted it.
You say……:
”Others have mentioned a few points to consider”
I say…….:
What have they mentioned to be considered?
The ~50% Peso devaluation against the Dollar during the past 5 years?
The ~35% Peso devaluation against the Euro during the past 5 years?
The ~20% Peso devaluation against the Real during the past 5 years?
That has nothing to do with ”these specific Charts”, matey….
You know it, I know it.
You say further…….:
”10% of us are just laughing at your misunderstanding of the data you have chosen to post”
I say……:
What have I misunderstood…..?
I only said that those charts: ”Send a crystal clear message about the Argentinean Economy…”
Well...... That’s OBVIOUS…., isn’t it?
So, my dear Mr. Idlehands…….
If you are fishing for payment for your ”Accounting Expertise”; I’ll have to dissapoint you.
I’m just a humble, frail and old Argie, poor as a Church Mouse…. :-(
But I would appreciate some “free coaching” from a high ranking professional as you :-)
All the best
Regards from Jarle and El Think
by the way ,
Use different counrtymen names by different kinds of grammars and sentences technics to mask all up.
for example ...I use 3 other different names from a South American countries,Europe,North America by different styles...not explored yet this indicates us how they are loudmouthed mediocres.
I think it will be not hard for you....good luck for you.
We are official out of the double recession,
Just heard it on TV .
Still
The only way is up up and away..
188 Idlehands
I believe you,
I don’t fully understand so will keep my comments very light, and listen to others like you.
Cheers.
.
You see i should wait on my continue comments contrary to someones.
by the way again ;
please be careful on your comment writing times
don't write in everytime whenever come to your mind
becouse ,you could be signed as an Eternal Jobless...!
you are a thinkingboy .....take it easy !
A spanking new (23/10/12) UNCTAD (United Nations Conference on Trade and Development) report for the brainwashed ”Economic Expert Turnips” in here…
”Foreign Direct Incestment (FDI) growth in South America mainly resulted from strong FDI rises in Chile, Colombia, Peru and Argentina.”
unctad.org/en/PublicationsLibrary/webdiaeia2012d20_en.pdf
Enjoy
Care to offer a suggestion why Mr Think?
I feel like a fisherman dangling a hook with a nice juicy worm on the end.
You say:
”The only “crystal clear” message from those charts is that the price of Argentine stocks on that index has risen in a wildly fluctuating manner over the last year(s).“
I say:
”Argentine stocks on that index has risen.... “
”Risen“ ???
You mean ..... Risen as in ”augmented“, ”ascended“, ”increased“, gone up, grown or soared ???
How can that be possible ???
In bankrupt Argentina ???
Please enlighten me !!!
PS:
”You feel like a fisherman dangling a hook with a nice juicy worm on the end.”
Try with a fly next time, you pleb ;-)
Be a true fisherman.....
www.youtube.com/watch?v=OsDnrFBpsBk
Think does not have any opinions other than superficial comment.
Oh dear.
You now sound like a Zimbabwean fruit seller announcing “My oranges now sell for Z$100m each. Aren't we doing well”
As for this link you posted:
unctad.org/en/PublicationsLibrary/webdiaeia2012d20_en.pdf
..did you even understand that? Look at page 7. FDI into Argentina has risen by 41.7% - woohooo - you must be rich. Unless you look at the absolute numbers which show that you have 41.7% more FDI than sod all - which is still pretty much sod all.
Care to expalin the difference between H1 & H2 inflows on the link you proudly posted?
Well, It seems I will have to repeat a comment I made previously in another thread….:
”Let us take three South-American Countries vith similar number of inhabitants…
Colombia, ~43 million people. The ”Super-Darling” of the USA, the FMI, the WB, the Credit Rating Agencies, the WSJ, the FT, the Economist, Mercopress :-) etc… etc.. etc… during the last many years......
They got: 7,798 millions of dollars during the 1st half of 2012 in Foreign Direct Investment
Perú, ~32 million people. The ”New-Darling” of the USA, the FMI, the WB, the Credit Rating Agencies, the WSJ, the FT, the Economist, Mercopress :-) etc… etc.. etc…
They got : 5,440 millions of dollars during the 1st half of 2012 in Foreign Direct Investment
Argentina, ~40 million people. An ” Economic-Pariah State”, an ”Unsafe Harbour for Investments” according to the Credit Rating Agencies, the WSJ, the FT, the Economist, Mercopress :-) etc… etc.. etc…
(+A State that just had had the Chutzpah of ”Nationalize” the assets of one big European Oil Company)
We got: 5,388 millions of dollars during the 1st half of 2012 in Foreign Direct Investment”
en.mercopress.com/2012/10/24/foreign-direct-investment-inflow-to-latam-rises-8-in-six-months-to-94.3bn-dollars#comments Comment No. (8)
In Short…..:
Argentina got, more or less, the same amount of dollars in Foreign Direct Investment as each of the other two ”Darlings” of the ”Financial Markets”…….
Odd…...................… huhhhh?
Have you rolled out the default rates of each country?
Have you rolled out what foreign country made the investments?
Of course not.......partial pictures, incomplete analysis. It's like financial statements without stats....meaningless and worthless numbers.
Why don't you compare it to how many bananas each country has? It is just as fair of a comparison
You are an idiot.
You should also consider that this relates to flows in the first half of 2012 which would have been based on decisions made in the previous couple of years.
You also need to consider the import export policy which has compelled importers to invest to ensure they have balanced trade. This will only continue short term. How long will Porshce want to stay in the potato & wine export market? The bottom line is that all stats relating to Argentina are skewed because CFK makes short term policy decisions to manipulate them.
Go find yourself another link to something that you don't understand
The last two years graphs actually show a significant drop in Argentinian share value.
“Or………….. insult an evidently deranged young Argie in Canada…”
Thanks for that - needed some confirmation about the state of CFK's most devoted followers...
1) The latest United Nations Rapport (from yesterday) shows crystal clearly that Foreign Direct Investment is pouring into Argentina at the same rate and amounts as it is in some of the “Internationally Best Rated Nations”......
2) The Wall Street Journal Charts (for the last five years)
show crystal clearly that there is good money to be made by investing in productive stock on the Argentinean Stock Market ......
3) Nevertheless, the ”Braiwashed Economical Experts Turnips” are still in total denial and keep coming with lame excuses and even insults against hard facts and data from internationally recognized organizations and leading financial institutions. …..
4) Yuppppp…................ This is MercoPress alright ;-)
Moody's has Columbia & Peru rated Baa3 which is pretty rubbish - though Argentina is even worse. Chile is the only place in south america with top notch ratings.
As for the wall street charts - they do not say ”there is good money to be made by investing in productive stock on the Argentinean Stock Market” particularly because the Merval - like nearly all stock indices take no account of the purchasing power of the currency the stocks are trading in. If you are Argentine then the Merval probably does make sense as it is better than keeping cash - but it is simply the least crap option. You'd be better off just buying US dollars - but that isn't allowed. No foreigners are buying pesos to invest in the Argentine stock market.
Tour are more deluded than I thought If you think that an investor will invest in any shares based purely on the Wall Street Journal charts for the last 5 years.
Actually you are the one who comes across as lame and forever trying to insult other posters.
An article you might read - (bearing in mind it was written before the YPF fiasco, the further downgrading by rating agencies and ongoing problems with the IMF).
seekingalpha.com/article/477871-argentina-on-the-brink-what-is-the-real-investment-risk
That young man, “Pirat-Hunter” is evidently deranged….
No question about that…..
Have being saying this since 2010 when he used to sign in as “AVargas”...
He is as deranged as your own Brutish “Conqueror”….
Have being saying this since 2010 when he used to sign in as Agent006...
He is as deranged as Troy is on Marina….
Have being saying this since the sixties……
www.youtube.com/watch?v=rqOYEeAqYuM
Deranged, all of them ;-)
(206) Idlehands
Still dodging the question, I see................
You saw how written a scenario by one person at between @ 194 --@205 and so on..
Don't be timid, if you try out ,you can ...why not !
Don't forget add internet gadgets like YouTubes,Wikipedias and more
into your comments.
I believe You are not less competent than thats a Asia country man .
Repatriated Insurance Investments that CFK required
Repatriated Profits that CFK required
because
I have not seen CFK crowing about new factories etc in a long long long long time.
infact 72000 workers were laid off last month so....
where is this money coming from and where is it going?
Oct 25th, 2012 - 12:46 pm
Think, for all your tries at making our economy seem as though it is booming, it is not!!!!
YPF cannot even get anybody to invest in the world's third largest shale O&G field, Vaca Muerta. If our economy was the slightest bit favourable to investment we would be fighting off investors in Vaca Muerta!!!!!!
I see rumors are circulating of a nationalization of “unproductive” farms...I am surprised it took this long...
Oct 25th, 2012 - 02:25 pm
Surprisingly enough the “unproductive agricultural units” are all in the soy growing area!!!!!!!!!
The ”Economical Experts Turnips” are now talking about “RUMORS” instead of contesting any of the hard facts and data from internationally recognized organizations and leading financial institutions that has been presented to them.…..
Brainwash anybody?
Do you think that an investor will invest in any shares based purely on the Wall Street Journal charts for the last 5 years?
Don't you think that are the one who comes across as lame and forever trying to insult other posters?
Have you read the article below?
seekingalpha.com/article/477871-argentina-on-the-brink-what-is-the-real-investment-risk.
Think are you not the one that is brainwashed?
Think don't you think that your childish use of the word “Turnips” is pathetic?
Think do you actually “Think”?
SHOW ME THE MONEY....Think, what countries are investing and WHAT PERCENTAGE TO THE GDP?
What the UN reports is what is reported to them and that means INDEC....such a reliable source of information. According to Indec....Nestor is still alive and well with his hand up his 3o year old wife's ass as president. The great cuntina kirchner
I see nothing much has changed, El Think still has not learned to think for himself.
He still never answers directly anybody who questions his postings, his links always have facts that are the actual truth and cannot be refuted.
If anyone should question him, he calls them names and tries to insult their intelligence and hopes they will not realize that he has not actually answered them.
Think also seems to have added a few aliases to help distract from what is being posted in a thread.
@208 Still dodging the question, I see................
Tobias has really lost the plot with all his aliases and seems to forget which one he is posting under.
We also now seem to have an even greater number of pro Argentinian trolls pretending to live in other countries, their command of English and understanding of the countries they are supposed to live in is appalling.
But lets be honest as Think would say , its all Mercopress's fault, does that not sound familiar, a bit like - its never Argentina's fault!
The ”Economical Experts Turnips”, unable of contesting any of the hard facts and data presented to them.….., are now resorting to one of the oldest, most devious trick in their “Turnip Book”....:
ADULATION !!!
Calling this humble man of unadultered WASP blood for a “Mixed Bred Mestizo”*
Ahhhhhh....... I wish that would be truth......
Imagine being able to share my love for this land in Body as in Soul!
But no..... I'm not so fortunate......
*(See comment (216), first line)
He feels that by posting any old twaddle like @218 we will all forget his total incompetence when it comes to a meaningful debate - a bit like CFK at Harvard.
Oct 25th, 2012 - 04:05 pm
Think, your charts are comparing turnips with lemons. There is no comparison between the movement of different stock exchanges, because they use totally different values.
IDIOT!!!!!!!!!!!!
More insults......
Just look at the last postulate from insulting Turnip (220).......
He says:
“There is no comparison between the movement of different stock exchanges, because they use totally different values.......”
I say:
All charts I posted use the same values.......:
Percentage (%) at the “Y” axis.....
Dates at the “X” axis.....
Simples....
Do you believe INDEC figures to be correct ???
Oct 25th, 2012 - 04:34 pm
Percentages of what??????????
Deranged??
Yes.
Atlanta would be a better 'catch' especially for Troy's career.
However, Marina doesn't talk back...
Even I don't think you are that dumb.
You are just trying to mislead with irrelevant data points.
As for Arg FDI, where is that U$5B from and where is it going? For gosh sakes they announce fake projects all the time real ones should be easy to find.
------------------------------------------------------------------------------------------------------------
Meanwhile, in ”Basket Case” Argentina…………..:
2012-10-24
General Motors to Invest $450 Million in Argentina
CEO Dan Akerson and Argentina President Announce New Chevy Vehicle....
media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2012/Oct/1024_GM_AR_Investment.html
There is a good chance GM will have pulled out all together by then. This is why:
Argentina has proven time and again its willingness to break international contracts. It has a dreadful record of complying with international judgments and about a quarter of all pending cases at the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) are with Argentina. Can Argentina be trusted? Here there is certainty. The answer is no.
www.energytribune.com/64050/argentina-even-with-all-that-oil-its-a-tough-sell
This will happen just like the bullet train to Rosario....never.
Seriously, if CFK doesn't allow FORD, GM and Fiat to send the profits home next year they will all pull out and go to Brazil.
”U.S. automaker General Motors Co. plans to invest 2.13 billion pesos ($448 million) in the production of a new model in Argentina in 2015.
Read more: latino.foxnews.com/latino/news/2012/10/25/gm-to-invest-448-mn-in-argentina/#ixzz2AKugiumv
Or do you prefer Swiss Cheese?
www.swissinfo.ch/spa/suiza_y_el_mundo/internacional/Argentina:_GM_invertira_USD_453_millones_para_fabricar_nuevo_auto_%28gobierno%29.html?cid=33807228
What a Turnip!
I'll bet you A$1000 it goes the way of the bullet train or the world trade center built on reclaimed land in the RDP or or or or or or or
Time and history is on my side.
you saw how it is easy ,
assaying is very simple,
tell a fib
maybe we learn something from you instead of thats soured brains-(s)
gabbles.
#193,#195,#197,#198,#200,#207,#212,#216,#232 m.youtube.com/?reload=3&rdm=mcc2pj660#/watch?v=6EUR5Dh0zBw
m.youtube.com/?reload=3&rdm=mcc2pj660#/watch?v=6EUR5Dh0zBw
m.youtube.com/?reload=3&rdm=mcc2pj660#/watch?v=c5ZFUBMOwHM
m.youtube.com/?reload=3&rdm=mcc2pj660#/watch?feature=plpp&v=uPw3cgurJTM
m.youtube.com/?reload=3&rdm=mcc2pj1c1#/watch?feature=plpp&v=BQZbOY5Q3ZU
#192,#217, #222,m.youtube.com/?reload=3&rdm=mcc2pj1c1#/watch?feature=plpp&v=BQZbOY5Q3ZU
m.youtube.com/?reload=3&rdm=mcc2pj660#/watch?v=c5ZFUBMOwHM
m.youtube.com/?reload=3&rdm=mcc2pj660#/watch?feature=related&v=NC3T0QfVpoM
We love you CFK you are the best. Watch how the snakes struggle with out their heads. Someone is going to be really hungry this winter.
There are those who are smart and those who are not
There are those who can make legitimate references and those who use Utube.....the Canadian alexis vargas....aka pirate hunter.......the wannabe terrorist
Poor little alexis.....a boy without a country to bleed for
PH ALEX VARGAS
Don't fret over the terrible evils of the world:
The taxi driver who discriminates against you, the kids that taunted you at your Toronto high school, the 'funny' priest whose breath stank, the evil Brits bent on world domination ...
Relax
I think the Mossad agents are getting ready to move,
Mind the Gap!
Keep out of Tim Horton's, go to CoffeeTime instead!
I don't think anyone bothers to watch your stupid youtube videos, I know I don't.
El Gaucho at Keele and Wilson.
Downs view Mall with a Value Village thrift store, or down the street a bit is Tim horton's Coffee Shop - cheap doughnuts for savvy shoppers
Go behind, south of Wilson, on Beverly Hills Dr., there is an Afghani supermarket and beside that is ElGaucho, excellent Uruguayan butchers, a deli, facturas, pasteles, empanadas, sandwichs de miga, budin de pan, also a small grocery where you can get Yerba Taragui and dulce de leche. Its the Malvinistas I don't like, Argentine food is something else and thats the best place to get it in Toronto!
I have nothing against Argentina or its people, Malvinistas La Campora hatemongers and CFK's Government are another matter.
I hear the food is great. I've had Argentinian steaks in Peru and I thought they were fantastic.
Next time I go to the city, I'll check it out.
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