Argentina's industrial production rose sharply on the year in July but slowed somewhat from the brisk pace posted in June, the manufacturing group UIA said in a report Wednesday. Read full article
Pheel - Nobody knows anything about true unemployment figures in Argentina. The government considers those receiving monthly payments from the government (welfare in most countries) as being employed. So who can know what the REAL figures are?
6 jerry,
actually, I was asking Fred about unemployment at United States, cos some posters here have the vicious habit of taking in account the bad news only if they happen in Argentina or LatinAmerica.
Of course the IndeK can´t be defended, it´s so a fraud as a Lehman bond.
Interesting! In an article entitled Argentina’s industrial production expands 11.8% in first seven months of 2010, one would expect to find details and figures about said production.
But there isn't anything about selling what has been produced. Strange.
Comments
Disclaimer & comment rulesEvery month the same story.........
Sep 09th, 2010 - 07:37 am - Link - Report abuse 0Booooooring :-)
I'll take good boring over bad boring any day
Sep 09th, 2010 - 07:55 am - Link - Report abuse 0thats what i heard fern
Sep 09th, 2010 - 12:01 pm - Link - Report abuse 0I smell a little overheating... 30% inflation is going to make this a hard landing when it happens.
Sep 10th, 2010 - 12:29 pm - Link - Report abuse 0Fred, how unemployment is doing there?
Sep 10th, 2010 - 01:33 pm - Link - Report abuse 0Pheel - Nobody knows anything about true unemployment figures in Argentina. The government considers those receiving monthly payments from the government (welfare in most countries) as being employed. So who can know what the REAL figures are?
Sep 10th, 2010 - 06:07 pm - Link - Report abuse 0this is good for Argentina if taxes where brought as high as USA and Canada there would be 0% inflation, taxes are great for beaurocrats.
Sep 10th, 2010 - 06:27 pm - Link - Report abuse 06 jerry,
Sep 10th, 2010 - 08:47 pm - Link - Report abuse 0actually, I was asking Fred about unemployment at United States, cos some posters here have the vicious habit of taking in account the bad news only if they happen in Argentina or LatinAmerica.
Of course the IndeK can´t be defended, it´s so a fraud as a Lehman bond.
double digit growth does not offset triple digit inlation..
Sep 11th, 2010 - 11:54 am - Link - Report abuse 0Interesting! In an article entitled Argentina’s industrial production expands 11.8% in first seven months of 2010, one would expect to find details and figures about said production.
Sep 12th, 2010 - 07:03 pm - Link - Report abuse 0But there isn't anything about selling what has been produced. Strange.
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