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Montevideo, September 21st 2018 - 19:52 UTC

Argentina’s economy contracts in June for the third month running

Friday, August 24th 2018 - 08:50 UTC
Full article 6 comments

Argentina’s economy contracted 6.7% in June compared with the same month last year, and 1.3% compared with May, government statistics agency Indec said on Thursday. June was the third consecutive month of decline following 5.2% in May and 0.6% in April. Read full article

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  • Enrique Massot

    Amazing. No jack or golf cronies, no zaphods or cats, no chronically old patagonian lads have yet rushed to comment on Argentina's current economic difficulties.

    Compare it to the literary industriousness deployed on stories about the current judicial hounding in search for Cristina Fernandez' Holy Grail -- millions stashed away on mythical vaults somewhere in Capital or in the dark Patagonian steppes.

    Some of those commentators' inspiration during CFK presidency seem to have lost their muse since the election of Mauricio Macri as president 32 months ago.

    Come on, boys! Your brainpower is badly needed. Why do you think the current government seems to be at the end of its rope after barely 32 months in office?

    We are all ears.

    Aug 25th, 2018 - 11:06 pm - Link - Report abuse -5
  • Zaphod Beeblebrox

    Reekio,

    “Amazing. No jack or golf cronies, no zaphods or cats, no chronically old patagonian lads have yet rushed to comment on Argentina's current economic difficulties.”

    Not that amazing. The story posted on Friday and then (you may be surprised to learn) there was a weekend and not everyone lives their life around MercoPress.

    “Compare it to the literary industriousness deployed on stories about the current judicial hounding in search for Cristina Fernandez' Holy Grail -- millions stashed away on mythical vaults somewhere in Capital or in the dark Patagonian steppes.”

    OK. let us do that. Also very little activity, 1 post from Jack, but nobody else on your list.

    “Some of those commentators' inspiration during CFK presidency seem to have lost their muse since the election of Mauricio Macri as president 32 months ago.”

    Like you did when Macri got elected and then did well in the half-term elections too? Pot-kettle?

    “Come on, boys! Your brainpower is badly needed. Why do you think the current government seems to be at the end of its rope after barely 32 months in office? We are all ears.”

    I have posted some facts on the Argentine economy (with links) on a number of occasions to counter your claims which to me indicate a weak recovery of the economy. Even if the economy is flatlining that would be an improvement on the previous downward trajectory. However, you have not responded to any presentation of actual facts. Why not? We are all ears.

    Or would you just rather ignore the actual data and just cherry pick the bad bits that support your opinion while effectively repeatedly yelling “flan” “flan!” “FLAN!”

    “FLAN!!”

    “FLAN!!!”

    Aug 27th, 2018 - 05:24 pm - Link - Report abuse +2
  • RICO

    Macri is an Argentine President. You will know when Macri is really against the ropes when he starts arresting economists and statisticians.

    Aug 27th, 2018 - 10:16 pm - Link - Report abuse +1
  • Zaphod Beeblebrox

    Amazing. 23 hours later and Reekie has not yet rushed to comment on my post (even though he posted on another thread 13 hours ago so he has been here).

    Reekie seems to lose his muse when presented with facts.

    Come on, Reekie! Why do you think there have been some improvements to the Argentine economy after Macri's 32 months in office?

    We are all ears.

    (Do you see what I did there?)

    Aug 28th, 2018 - 05:09 pm - Link - Report abuse 0
  • Enrique Massot

    @ZB

    “I have posted some facts...Even if the economy is flatlining that would be an improvement on the previous downward trajectory.”

    OMG. Are we talking about Argentina, Zaphod?

    If we are, MP has published enough stories to alarm even the more convinced Macrists.

    Publications unsuspected of being even a bit Kirchnerist are increasingly sounding the alarm, seeing a government without compass and oblivious to reality.

    Most Macri cheerleaders have prudently refrained to comment under MP stories for a while.

    Even in Clarin and La Nacion, comments are changing tone every week. The so-called “NotebookGate” has failed to hurt Cristina in the polls.

    However, if you want to keep repeating “Tout va très bien, Madame la Marquise,” by all means, be my guest.

    Aug 29th, 2018 - 06:11 am - Link - Report abuse -1
  • Zaphod Beeblebrox

    I never said that everything was coming up roses in Argentina, simply that some economic indicators are improving somewhat. Yes, it is bad, but maybe not quite as bad as you claim.

    And you didn't answer my question BTW.

    All I hear from you is “FLAN! FLAN! FLAN!”

    Aug 29th, 2018 - 04:36 pm - Link - Report abuse 0

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