Tuesday, December 4th 2012 - 16:24 UTC

Punished by inflation a third of Argentines with difficulties to face monthly payments

A third of Argentines have difficulties to face monthly costs because of inflation and lagging salaries, and 11% admit to “many difficulties” according to the latest Poliarquía public opinion poll released this week.

Massive demonstration in Buenos Aires to protest corruption and inflation

The overwhelming majority of interviews blame inflation and the loss of purchasing power to their current difficulties. The official inflation according to the much discredited stats office Indec stands at 10.2% in the last twelve months but private consultants, banned from releasing their findings, agree that consumer prices have been rising at 24.6% annually.

“Clearly the inflationary process is an index that helps explain why real salaries have not increased as indicated by the official stats office” said Alejandro Catterberg head of Poliarquía considered one of the most trusted pollsters in Argentina.

The results of the opinion poll were published by the Cronista Comercial, a financial daily from Buenos Aires and also show that 52% of Argentines considers that their income helps “tightly to just make ends meet”, while 14% declared they meet their expenses ‘comfortably’.

However only 14% of interviews declare their personal economic situation as “negative”, while a majority rates it as ‘average and liveable’ compared to 38% that describe it as ‘positive’.

For Catterberg the poll results obeys to ‘different indicators’ and points out that in some interviews, those who consider the situation average, at the same time admit they have difficulties reaching monthly payments.

“They are mostly people who live on credit or family loans or that have to make extraordinary efforts or simply have had to reduce their level of consumption because income is insufficient consumed by inflation”, said pollster Catterberg.

According to a recent report from the Bank of the City of Buenos Aires, Argentina is one of four countries in the world with the highest inflation, behind the two Sudan and Byelorussia based on private consultants’ estimates.

Inflation and the money exchange restrictions also known as the ‘dollar clamp’ are two of the reasons most blamed by the protestors that took to the streets on 8 November in Buenos Aires and other leading Argentine cities, the largest street demonstration since the 2001/02 crisis.

The Poliarquía public opinion poll involved interviews with 1.000 people during the first fortnight of November and with an error margin of plus/minus 3.2%.

41 comments Feed

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1 Pirate Love (#) Dec 04th, 2012 - 04:41 pm Report abuse
How is this?
we are told by numerous arg posters on countless occasions that argentina is a success.
they must be the “14% declared they meet their expenses ‘comfortably’”
The Kirchner model , I will drink to that :)
2 Simon68 (#) Dec 04th, 2012 - 04:46 pm Report abuse
I'm sory Poliarquía didn't ask me about whether my fixed income was being damaged by inflation, I would have been able to tell them that for the first time since I retired my income has dropped below my expenses. Thank goodness Mrs. 68 still works or we would be in deep sh*t!!!!!!
3 ChrisR (#) Dec 04th, 2012 - 04:57 pm Report abuse
@2 Simon68

I am very sorry to hear that your expenses are now beyond your income and that you are both held hostage to this despotic regime.

But of the mythical 54% who voted for the cow thay will get what they rightly deserve and from what I can see in the press (while you still have a Clarin) it is coming sooner rather than later.

The very best of luck to you and your family, sir.

I have
4 Anbar (#) Dec 04th, 2012 - 05:08 pm Report abuse
Paints a rather different picture to that given by the current Argentine Govt doesn't it? :-(

No doubt the paid (and volunteer!) trolls will be along soon to tell us how it isnt true, that its worse in Britain/USA/Disney and that they should invest more in nuclear arms.... (mad as a box of cats the lot of them)
5 Conqueror (#) Dec 04th, 2012 - 05:18 pm Report abuse
@2 Simon. Have you tried approaching the argie Central Bank? Apparently, they are very into making advances that they don't expect to get back. Just ask for a couple of billion. Far less than CFK. Just make sure you get the loan on the same terms. Used notes. Dollars not pesos. One easy payment, if you can be found.
6 agent999 (#) Dec 04th, 2012 - 05:24 pm Report abuse
I am sure the IMF is still waiting for the revised figures from Argentina.
7 Captain Poppy (#) Dec 04th, 2012 - 05:35 pm Report abuse
The comfortable 14% must be the ones on the takes with asslips kirchner.....Where the hell are those damned trolls?
8 yankeeboy (#) Dec 04th, 2012 - 06:05 pm Report abuse
I went to PR this past week and met a young RG studying to be a Medical Dr. He was back and forth from PR to the USA interviewing. for a residency.
His parents sent him out of the country and told him never to come back!
He said it is a mess and getting worse everyday and they were afraid for his life and his career.
As I have said for a long long time. At some point salaries would not keep up with inflation. It will drive business bankrupt. I wonder where the Provinces will get the Dec extra payment? The reserves? hah! If they have more than $5B uncommitted reserves after the Dec payment I would be flabbergasted.
Unemployment is starting to creep up, wages are falling and at some point soon there will be a huge devaluation.

Devaluation Hyperinflation Depression

There is not stopping this train
9 Britworker (#) Dec 04th, 2012 - 06:19 pm Report abuse
Kirchner deserves her people, they deserve her and the whole of South America deserve the looming disaster for continually supporting them and telling them what they want to hear all the time.
10 Brit Bob (#) Dec 04th, 2012 - 06:38 pm Report abuse
INDEC's statistics 10% when the real figure is 25%. Anyone who questions the official view is liable to be prosecuted.

Default looming on or around the 15th December and
IMF 'Red Card' due on the 17th.

Merry Christmas Argentina.
11 Pirat-Hunter (#) Dec 04th, 2012 - 06:48 pm Report abuse
Only 11% lol I think Canadas natives are more then 11% and they all live in worst situation then the Argentine poor class. But at least none are being terrorized by the English terror networks as the Muslims are. Can everyone start to see how the English culture is and how they cheer terror, murder, theft and lie about other nations. If you can't see it read all comments above mine.^^^^^^^^^^^^^
12 toooldtodieyoung (#) Dec 04th, 2012 - 06:53 pm Report abuse
2 Simon68

Sorry to hear of your hardship. I would like to echo ChrisR at 3 and extend to you my best wishes.

The very best of luck to you and your family, sir.
13 briton (#) Dec 04th, 2012 - 07:32 pm Report abuse
And again argie bloggers are very quiet,

canadian pirates , dont count
14 Pirat-Hunter (#) Dec 04th, 2012 - 07:57 pm Report abuse
#13 Neither do Brits but here they are as thick and heavy as dog feces. Look up the Brits wane be argy are all present why couldn't a Argentine seeking self determination and the end of british occupation back home be here to support his country men. It does appear I am the only Argentine here Whitch does give me more right on the issue then all other Brits in here, don't forget that this is not Islas Malvinas Argentina and in here you are all as harmless as me. Correction #13 your comments do not count for Argentina. But you are welcome to fix your own damn nation terror networks killing Muslim women and children. About you start today lol.
15 briton (#) Dec 04th, 2012 - 08:10 pm Report abuse
tut tut, more bad manners, you dont deal with the truth very well do you,
still having a guilty complex may help you upstaires.

no have no rights, you are canadian full stop.
16 LEPRecon (#) Dec 04th, 2012 - 08:18 pm Report abuse
@14 - PH

You are a hypocrite. You don't have to live in Argentina with rampant inflation, corruption and practically a dictatorship, yet you support the regime that has caused all these problems that Argentina is facing.

If you truly loved Argentina as much as you claim, you would put your money where your mouth is and live there, wouldn't you?

Also in your post you use this word Whitch. That isn't a word that I am familiar with.

Do you mean witch - as in Glenda the Good Witch of the North?

Or do you mean which - as in what sort or kind?

By the way, hate to break this to you but your are NOT an Argentinian, you are a Canadian. In other words your are a ersatz Argentinian, a faker, pretender, false.
17 briton (#) Dec 04th, 2012 - 08:24 pm Report abuse
Pirate the invisible one, that no one cares about.
He wants to nuke the world, [and himself at the sane time] lol.
He hates his descent without who, he would not be here.
He insults with precision indoctrination, yet still misses the point,

Being the worlds only lonely pirate, and a Canadian at that,
Your tong wiggles, a lot don’t it..lol.

do us a favour, tell us another joka.
18 slattzzz (#) Dec 04th, 2012 - 08:46 pm Report abuse
@14 i suppose you included the 158 brave countrymen of yours who have died in Afghan (canadians that is) you two faced troll. You never mention canadas part in the Gulf war, The Balkan war, the Afghan war or any other conflict where they stand shoulder to shoulder with the UK/US or do you just conveniantly forget that, bet they'd love to hear your anti Western / North America bile
19 Troy Tempest (#) Dec 04th, 2012 - 08:54 pm Report abuse
@14 Pirat-Alex

I'm looking at your FB pages LOL.

I see from your likes and links that you have every crackpot/cultist/ conspiracy theorist on there LOL!!!

Nice photos of your motel room, too. Your mother seems proud of you, “you are just like an executive!”

Is that the first time you've stayed in a motel room?? I mean besides that time of what you prefer to call, “ the incident”.
Is that how you know so much about pedophiles ?? It must have been traumatic for you?

I suppose your ugly mug and your lack of grooming mean you've not had much female attention :- )
20 briton (#) Dec 04th, 2012 - 09:00 pm Report abuse
poor pirate,
everytime he opens his gob, he trips over his lips .lol.
21 Raven (#) Dec 04th, 2012 - 09:46 pm Report abuse
All too predictable PH

The only people who support TMBOA on Mercopress do not actually live in Argentina.

Therefore, their inane musings are just that, and are just as hollow as their craniums.
22 Captain Poppy (#) Dec 04th, 2012 - 09:52 pm Report abuse
If that Canadain pirate hunter was ever IN argentina, he would be singing a new tune. We need to rename him vicarious hunter.......because he lives quite a fantasic vicarious life of an argentine.
23 slattzzz (#) Dec 04th, 2012 - 09:58 pm Report abuse
@22 Capt I don't think any of the trolls actually live in argentina except simon68 who tells it as it is, but still the trolls don't listen
24 KFC de Pollo (#) Dec 04th, 2012 - 11:57 pm Report abuse
The only people who are surviving are the ones who have jobs with the government and are getting rises constantly. The problem even those rises aren't enough to keep up with the inflation.

God help the ones who work for private companies and aren't getting constant rises!
25 Captain Poppy (#) Dec 05th, 2012 - 01:13 am Report abuse
Where are all the RG trolls? titti boi the pirate hunter doesn't count as a real troll.
26 Ayayay (#) Dec 05th, 2012 - 01:40 am Report abuse
Next year, without thirty percent raises & with 25% interest due for the provinces, that is going to be so interesting.
27 Pirat-Hunter (#) Dec 05th, 2012 - 02:13 am Report abuse
#15 if a Brit in Islas Malvinas Argentina has a say in Argentina why not an Argentine living in Canada? bias aren't we? Yet another comedian aren't ya?
#16 correction IMF is the reason for Argentina to be where it is today. Didn't you noticed that IMF is still trying to dictate in Argentina. Last I hear we got a red card lol and at the end of the first period we scored with the hand of god on the vultures net.
#17 am not a comedian, but UK and USA is full of them most of them seem to be here today. You are in luck.
#18 158 cowards you mean, even lone wolf terrorists have more courage then this dead beats cross dressers, brave are people who fight man to man this english soldiers are cowards who kill women and children to install fear among nationalists.
#19 sorry dude I don't know what child you are stalking or what man you fatazise about, but aren't you sick for trying to seek personal information on people FB? Child ,molesters and perverts have the same weakness as you, seek professional help soon.
#20 poor me? Lol look at all the attention this single Argentine is getting from the British pervs.
#21 however we Argentine support CFK 100% from all over the world, while the English and the Brits cry and cry because of Argentina. Sin vaselina.
#22 I am always in Argentina like most of you here are always in Argentina. Not even the Argentine cares as much of the BS as the argenbrits here. You being sucking so much antiArgentine propaganda that it wouldn't surprise me if some of you show menems DNA cross breed.
#23 we do listen but we think by ourselves. We don't repeat what other believe as you expect everyone to think the same way. You should try thinking on your own, that's what freedom is.
#24 there is always Canada USA or UK! Who need papers? We can get you married with an Canadian for less then a weeks paycheck, my ex is now a canadian as well as my ex ex wife, and my ex ex ex wife will be as wel
28 Troy Tempest (#) Dec 05th, 2012 - 05:41 am Report abuse
@27 Alex Vargas

Keep talking - we're laughing at you, dimwit.
29 toooldtodieyoung (#) Dec 05th, 2012 - 07:25 am Report abuse
27 Pirat-Hunter

Once again you miss the point
( I'm not laughing at you, I'm laughing somewhere near you )
30 lsolde (#) Dec 05th, 2012 - 09:45 am Report abuse
Pirat-Hunter is a disgrace & should be booted out of Canada.
The country doesn't need half-wits like him.
He sounds like a parasite on Canada anyway.
Such a beautiful country carrying vermin like him, disgusts me.
Go back to your “paradise” P-H or Filippo, or whatever name you now have.
Go on, begone, get!
31 briton (#) Dec 05th, 2012 - 12:44 pm Report abuse
he has no answers so he insults and changes the subject
poor capt pugwash, no boat , no crew , no nukes,
just talk talk.
32 yankeeboy (#) Dec 05th, 2012 - 01:20 pm Report abuse
I had a FB update today. ONe of my RG friends had been out of BA for about a month, he went grocery shopping, he wrote;

Hmm priced have gone up a little bit since I've been gone
CHEESE IS $50 for a 1/2 kilo!! I guess I have to eat quinoa now.

Merry Christmas


Buy sugar
33 Captain Poppy (#) Dec 05th, 2012 - 01:20 pm Report abuse
pirate hunter would generate some credibility if he ever was inside the soybean curtain. He just does not get the impact of “cooked” statistics and what the real impact of inflation has on the gneral working public. Does the admisnistration not understand that the world is seeing them claim inflation is only 10%, yet everyone is getting 25, 28 and 33% raises?
34 yankeeboy (#) Dec 05th, 2012 - 01:40 pm Report abuse
33. My guess is inflation is over 30%, tax revenue is up 28% yoy and the economy is in free fall, real estate sales alone are down 35% yoy!!

At some point soon printing money to cover the huge monthly deficit is going to drive them into hyper inflation. I suspect they are running out of U$ to control the $P.
I can't wait!
35 Simon68 (#) Dec 05th, 2012 - 03:02 pm Report abuse
34 yankeeboy (#)
Dec 05th, 2012 - 01:40 pm

Spot on Yankee, I believe the BCRA has enough US$ to pay our immediate debts that fall due in December but then the cupboard will be bare!!!!

I assume the Appeals Court in NY knew this and dictated the stay to avoid a default and gave CFK three months to get enough to pay her next instalments.
36 Captain Poppy (#) Dec 05th, 2012 - 03:18 pm Report abuse
But are BCRA true reserves or are they other peoples U$?
37 yankeeboy (#) Dec 05th, 2012 - 03:55 pm Report abuse
Argentina has always counted foreign currency in Argentine banks as part of their foreign reserves since they can always steal it and replace it with pesos.
They have about as much chance of having U$45B in uncommitted funds at I do.
38 Troy Tempest (#) Dec 05th, 2012 - 05:57 pm Report abuse
@29,30,31,33 Brits

PH - Alex is reaching the point where he should be reported to state Anti-Terrorist organisations like US Homeland Security - they hate the idea of foreign terrorist cells operating in Canada, against their economy.
As to Canada, CSIS (intelligence service allied with CIA and MI6) and RCMP , and lastly, Immigration Canada.
He has links on FB to every Terrorist organisation waging actual warfare or propaganda against the governments of
the legitimate governments of Iraq, Afghanistan, and Libya,
and of course, the Falklands!

He has since taken down his La Campora and La Campora Juvenil links.

Recently, on MercoPress, as witnessed by all of us, he has offered a cash bounty and material assistance for attacks on vessels, commercial enterprises, and personnel (British or otherwise) conducting activities “ near the Falklands”.

Additionally, he suggests he has an Argentine passport, not a Cdn citizen, but openly admits to exploiting his situation as a resident (illegal?) in Canada, including fake marriages to procure citizenship for himself or others ( not clear which).
Finally, he is an ungrateful guest - loudly proclaiming he hates the Canadian people and culture.


Anyone got any good contacts in these organisations??
39 Captain Poppy (#) Dec 05th, 2012 - 06:55 pm Report abuse
You make a very valid point Troy.......especially when you states someone should be nuked.
40 briton (#) Dec 05th, 2012 - 07:01 pm Report abuse
pirate hunter should be hunted down and made to walk the plank,
or keelhole him.
41 Captain Poppy (#) Dec 05th, 2012 - 09:25 pm Report abuse
I am reviewing his posts where he stated nuclear actions and forwading them to the DHS website. You just never know about someone these days.

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