“Argentina seeks to service all its debts” said President Cristina Fernández de Kirchner following a meeting with German Chancellor Angela Merkel at the chancellery in Berlin. Mrs. Kirchner is on a three day high profile visit to Germany where she also met with President Christian Wulff in Berlin’s Bellevue Palace. Read full article
Comments
Disclaimer & comment rulesWhat a liar, how is paying 32% of what you owe over a longer period of time servicing all our debts? What scumbags.
Oct 06th, 2010 - 07:05 pm - Link - Report abuse 0Look up. Can you see that pig flying over?
Oct 06th, 2010 - 07:55 pm - Link - Report abuse 0she should be made to pay every penny back.
Oct 06th, 2010 - 08:39 pm - Link - Report abuse 0and crawling to the germans will get her nothing.
as long as she stays away from the UK.
Well, Some Americans and Brits hate to see our economy growing and theirs sinking everyday.
Oct 06th, 2010 - 11:24 pm - Link - Report abuse 0She can't pay back the Paris Club without the IMF getting involved. Part of the conditions of the loan ! For some reason she seems to fear the IMF taking a look at her figures :-)
Oct 07th, 2010 - 01:07 am - Link - Report abuse 0If we talk about external debt., the UK and the United States of America take the whole cake. By the end of June 2009, USA's external debt= 13,450,000,000,000 and UK's external debt= 9,088,000,000,000 - Argentina's external debt= 108,600,000,000 (by the end of December 2009) - Germany's external debt= 5,208,000,000,000 (by the end of June 2009). So, to be true, the Top is not the Top. The bottom of the bottle is---> USA. As you can see, Reality is not what it seems to be, there is a fake reality, and there is THE REALITY.
Oct 07th, 2010 - 02:47 am - Link - Report abuse 0http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/EXTDECQEDS/0,,menuPK:1805431~pagePK:64168427~piPK:64168435~theSitePK:1805415,00.html
OK, .... now tell me why both the USA and the UK retain AAA status ?
Oct 07th, 2010 - 04:54 am - Link - Report abuse 0And why Argentina does not have AAA status ?
Both truth and reality are often just a matter of perception ( or maybe 'angle' :-) ..... no?
(7) Hoyt
Oct 07th, 2010 - 05:34 am - Link - Report abuse 0Remenber to be sweet to xbarilox.... He is(by his own definition) a 19 years old Argentinean boy that hates the Kirchners, loves Britain and want the settlers to have a nice and peacefull life :-)
@ Hoytred...Oh, AAA status isn't fictitious anymore, that's great!
Oct 07th, 2010 - 06:59 am - Link - Report abuse 0Don't you find it ridiculous? They are the leading debtors, but they get an AAA status! It certainly is amusing. But, the reason for this is that when you have a world to charge for your failed economic experiments, you'll always get an AAA status. It is also clear that people in those countries don't live with the benefits, and there is always a small group of people getting all the money.
That's why it is unsustainable for the international monetary system to remain dominated by the leading debtor countries.
One more thing, if you look at history you see that those have always been blood-sucking countries. But fortunately times have changed.
P.D.: I'm talking about the government and those international monetary organizations, not the common people. But if you want to join the guilty party, it is up to you.
You are quite correct Think .... one of the worst cases of 'youth' that I've seen in some time :-)
Oct 07th, 2010 - 08:08 am - Link - Report abuse 0#9 xbarilox....
Oct 07th, 2010 - 08:24 am - Link - Report abuse 0The rating isn't based on your debt... its based on your past and present record for servicing that debt... schoolboy economics I would have thought... I imagine Argentina would get a ZZZ
Think about the difference between a successful businessman's creditworthiness and that of the down and out trying to get a few bob out of the money lenders...... the down and out has no debt because only a fool would lend to him....
No it's not ridiculous xbarilox. The rating is more a reflection of the ability to pay the debt back, not the size of it. Argentina has a very long history of defaulting on debt. The UK has never defaulted.
Oct 07th, 2010 - 08:36 am - Link - Report abuse 0#4 Marcos
Oct 07th, 2010 - 09:28 am - Link - Report abuse 0Well, Some Americans and Brits hate to see our economy growing and theirs sinking everyday
Marco that is as silly as saying I would be pissed orf seeing an indigenous Argie heading back to Villa 31 with a throw rug and a wall unit for his squat.....
@xbox The difference in rates have to do with the payment history and the honor of the countries population. When Argentina last defaulted on your debt your congress gave the president a standing ovation. In the USA we know the idiot professor is trying to make us into Argentina, luckily his agenda will be stopped in Jan 11. The difference between us is the population in the UK/USA is smart and honorable enough to know we must pay our debts, yours is not.
Oct 07th, 2010 - 11:05 am - Link - Report abuse 0I know in general Argentinians don't understand the way money works or anything to do with economics. I think you are deliberately not taught it in school to keep you stupid. This bubble that has been created by pumping stolen $ into your economy is going to burst at some point. It is just a matter of time. Luckily the IMF, USA etc learned their lessons last time and won't float you any longer. If the Ks keep it up you will be like Venezuela soon enough.
@ barilox
Oct 07th, 2010 - 11:47 am - Link - Report abuse 0You are quite right about the debt issue. I dont like CFK, but in this instance, I believe what she says. You dont nationalise private pensionfunds and tap into Reserve bank surplusses for nothing. She also knows that she must pay the debt to attract foreign investment even if she only pay sback 30% after the defaul. As for US and European debt you are right I dont have the time and space here to explain why, but if you can borrow and your currency is the international reserve currency that replaced gold , you create debt against which everyone borrows.That is an unfair benefit that has bancrupted many nations.
As for the level of debate - come on guys, cant you differ without the adhominem attacks? You dont have to agree but it is not neccessary to attack people and countries at such a personal level?
But what did she say? - “Argentina seeks to service all its debts”
Oct 07th, 2010 - 12:59 pm - Link - Report abuse 0Well I seek enlightenment, but it's taking it own sweet time about it :-)
Oh, so now the USA and the UK pay back their debts? I'm glad to know that. I'll tell you what an AAA status is, a fantasy! And the importance of this AAA status is ZERO when it comes to reality, because those countries have never paid anything back. The USA has reneged and defaulted on up to 40% of its foreign debt, and nobody has said a word. In plain English that means the United States of America runs a worldwide confidence racket with his self-made dollar based on the confidence that he has elicited and received from others around the world, and he is a also a deadbeat in that he does not honor and return the money he has received. You pay your debts and everybody will be happy and healthy, especially in Europe.
Oct 07th, 2010 - 04:40 pm - Link - Report abuse 0@hoytred - Yes that is what she said. She is obviously talking about the 30% The rest was written off because of the default - unfair or not that is reality. Enlightened now? By the way if barilox is realy only 19 I am impressed. It is clear he understands world econimics better than most. Read the following article and you might understand what barikox and I are saying: http://michael-hudson.com/2010/09/how-brazil-can-defend-against-financialization/
Oct 07th, 2010 - 06:36 pm - Link - Report abuse 013 Frank, Well In your beloved USA poverty and tent cities is visible all over the place. Millions live from Government wellfare checks, food stamps or desemployment checks. I bet that is the reason that you moved to Argentina. Do you need a job?
Oct 07th, 2010 - 06:58 pm - Link - Report abuse 0http://www.youtube.com/watch?v=loNB3Px2NQk
Sorry Marco, not from the US, not in Argentina, and don't need a job.... nor do I consider the US to be a shining light on the hill....
Oct 07th, 2010 - 07:11 pm - Link - Report abuse 0Well at least the Yanks dont starve
Oct 07th, 2010 - 07:33 pm - Link - Report abuse 0http://www.youtube.com/watch?v=QV5OGsyOcPw
http://www.youtube.com/watch?v=QV5OGsyOcPw
Erm, you seem confused xbarilox. The UK has always paid back it's debts, the UK has never defaulted and is very unlikely to default in future. That's why the UK has a triple A rating. And the rating is very important, because it determines at what rate money can be borrowed on the market. The lower the rating, the more it will cost, so the rating has a lot more than zero status when it comes to the real world. Argentina has a junk rating because it has a long history of defaults and economic mismanagement. Simple really.
Oct 07th, 2010 - 07:34 pm - Link - Report abuse 0HOYTRED.
Oct 07th, 2010 - 07:49 pm - Link - Report abuse 0With or with out monitoring of the imf, we will keep on paying our debts, including the debt with the club of paris, this is evident that the requeriment of the monitoring is irrelevant, because we keep on paying our debts, and regarding the club of paris, cristina was perfectly clear about that.
She said we have the will of cancelling our debts, but with out the inteference of the imf, and i agree absolutly on it.
We didn't have a good future when we followed the imf condicions.
@ Frank #20...In Villa 31 there live people from Brazil, Uruguay, Chile, Peru, Paragyuay, Bolivia, Romania, Liberia, Ecuador, Mexico, Argentina, and many more countries. If you're scared of people living in poverty, don't visit Mexico, Chile, Brazil, Uruguay, the UK, the USA, France, Spain, Ireland, Greece...
Oct 07th, 2010 - 08:05 pm - Link - Report abuse 0Your comment about the indigenous people is shameful. Who do you think you are? We need to fight against poverty, not the people! Your way of thinking denies people's right to a better life.
Now, could you please say where you're from, if you dare... so we can all laugh together?
Frank the Yank
Oct 07th, 2010 - 08:23 pm - Link - Report abuse 0Did you sign the Prefectura papers before living to Malvinas?
Careful when returning to BA….. The fine can be hefty……
Nice boat on the Jety 2010-10-07 FKST 17:20:03
Yours by any chance?
http://www.webcams.horizon.co.fk/index.html
Think, try this, more Satisfying than a webcam
Oct 07th, 2010 - 09:53 pm - Link - Report abuse 0http://www.un.org/News/Press/docs/2008/gaspd406.doc.htm
#24...
Oct 07th, 2010 - 10:02 pm - Link - Report abuse 0Your comment about the indigenous people is shameful. Who do you think you are? We need to fight against poverty, not the people! Your way of thinking denies people's right to a better life.
Best you work on your english comprehension a bit more so you can grasp what I said. Where am I from? Depends how you define 'from' I guess... I could give you one of a dozen... all correct...Think obviously has no idea... and by the way Thinko... its 'kaffir' ..
@ Frank # 27... Best you work epic!
Oct 07th, 2010 - 11:13 pm - Link - Report abuse 0Don't worry, Frank, you don't have to tell me. I know where you come from. I can say where I am from, I'm from Argentina. You can't.
But I understand, if I were you, I'd feel embarrassed too.
I won't reply to any more of your posts. I know what you're made of, and the kind of person you are. The saddest part is that this has been a waste of time, with you trying desperately to make me feel offended and ashamed of my nationality, and me replying to your comments. I can say we've learnt nothing from this.
xbarilox - This is why the UK has an AAA rating - http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)
Oct 07th, 2010 - 11:49 pm - Link - Report abuse 0Money is borrowed, money is repaid. The reason that Agentina does not have an AAA rating is that money is borrowed and money is not repaid ! 30% is not a repayment.
Why doesn't Cristina want to borrow? Well maybe it's because a) she'll have to open up the books for inspection or b) she'll lose face if she doesn't get it. Investors don't lend to countries that only pay back 30%.
Some of you guys are either very young, or smoking the wrong stuff!
xbarilox... only a fool would divulge sensitive info on this site... what with Thinko the Argentine Government nark and ace cyberstalker being here and all.
Oct 08th, 2010 - 12:25 am - Link - Report abuse 0I don't put the boot into the argentinian people and if you thought I was hanging shit on the poor in my previous post then your english comprehension does need a bit of work. My spanish speaking ability is near zero by the way.
I would like to put the boot into the Arg government though.
Note that CK says they are only 'seeking' to pay back the money... big diff between seeking and doing.
Waco Franck is unique. :p
Oct 08th, 2010 - 02:42 am - Link - Report abuse 0most humans are unique.... the only exception being the' Kirchner Clones ' that frequent Mercopress
Oct 08th, 2010 - 09:16 am - Link - Report abuse 0Well, ladies and gentlement, I've been looking for a thread where that drippy moron, axel, is posting in order to continue a conversation.
Oct 08th, 2010 - 09:31 am - Link - Report abuse 0Back in http://en.mercopress.com/2010/10/01/post-82-falklands-generations-ever-more-distant-from-argentina#comments, moron axel finally responded to a comment I made at (35). Notice please that my comment was made at Oct 02nd, 2010 - 09:19 am. Eventually, in comment (160) Oct 07th, 2010 - 08:29 pm, axel finally had the courtesy (?) to respond. And do you know what he said?
TYPHON: I already explained to you that resolution, i am not going to repeat it, beside, i explained too my arguments in others oportunitys, in fact yesterday, i explained them AGAIN to hoytred, find them in this page.
Now the Resolution that I was asking about was the one the moron calls A/64/106. A little research will demonstrate that A/64/106 isn't a resolution but a document relating to the appointment of members of a Joint Inspection Unit.
Of course, my comment at http://en.mercopress.com/2010/10/01/post-82-falklands-generations-ever-more-distant-from-argentina#comments, (35) mentioned a number of other things that moron axel ignorantly declined to respond to.
So axel is discourteous, ignorant and a moron.
Recommended that he be ignored from now on.
But he's oh-so funny!
Oct 08th, 2010 - 03:41 pm - Link - Report abuse 0Why should we put up with a dozy, brain-dead git? Oh, I forgot. All Argentines are like that, aren't they?
Oct 08th, 2010 - 07:54 pm - Link - Report abuse 0Apart from Jorge, he's clearly our intellectual superior.
Oct 08th, 2010 - 10:29 pm - Link - Report abuse 0Love Merkels expression in the photo, just needs a couple of speech bubbles:
Oct 08th, 2010 - 11:46 pm - Link - Report abuse 0Kirchner: Argentina will pay all it's debts
Merkel: Yeah right......whatever
We all know the that the Triple A statuses are Bogus and we all know that Argentina is fixing it's books. Merkel knows damn well with who's she's dealing ( a liar) and might think ( close to what WestisBest is typing here) Yeah right, whatever...besides there is another bigger, bigger problem nation who might not pay me back..(USA)
Oct 09th, 2010 - 12:09 am - Link - Report abuse 0If you are one of those people who doesn't know or Think that, you're an idiot, simple.
Here's a link for people who are interested to understand why gold goes up up up up.
http://inflation.us/videos.html
(38) Fido Dido
Oct 09th, 2010 - 07:43 am - Link - Report abuse 0You say:
If you are one of those people who doesn't know or Think that, you're an idiot, simple.
I say:
Welcome to MercoPress little ”NutBowl”
Seems to be that we got a Boer spreading the gospel of Michael Savage and his Paul Revere Society…………(Is it the Tea Party today?)
And some people in here ”Think” I’m bad :-)
Think,
Oct 11th, 2010 - 03:37 am - Link - Report abuse 0I'm not a farmer/boer, though they are good people.
I don't know Michael Savage.
Most Tea Party people have no clue who Paul Revere is, but when you ask them who Glenn Beck is, I'm sure they can and will tell you everything about him. In my opinion half right and a Kool Aid drinker when it comes to foreign policy.
I don't ”Think” you are bad, I do not know you at all, but if an Argentinian believes that its government is not manipulating its numbers, they are fooling them self as like the how many citizens in Europe and in the United States are taking the AAA rating system serious (what should be rated junk).
Mr. Fido Dido
Oct 11th, 2010 - 03:47 pm - Link - Report abuse 0This being an ”English only” site, I used the ”Boer” word not in its Nederlans form but in its “English” meaning. …..
God fearing Calvinist supremacist, Orange Free State and all that……..you know…..
I concord with you about my Government (and many others) manipulation of their books and numbers”…
We do it mostly in self defense against the ”finance orthodoxy”, not to privilege some groups in our society in detriment of others.
If you took the time of looking a little deeper into Argentinean politics, you would find out that the “Kirchner period” (2003 to present) has been one of growth by production, not by financial speculation…..
It fights against foreign indebteness, the IMF one-sided failed policies and the “Rating Agencies” and their infamous triple A’s.
That seems to be quite in line with your own ideas…….
And that’s why “The Empire Strikes Back” against us with all its mighty “Force” :-)
You have to excuse me if I mistook you for a “Boer” but, as the first of your posted videos, ends with the phrase: ”The Paul Revere Society (founded by Michael Savage) is alive and well” ….And then, most of the following videos ”ramp” the price of gold up in best ”Glen Beck” style, I deduced you where one ……….
So you used Boer in the English meaning. White supremacist bla bla bla. So predictably racist like only an Englishman can be. The biggest supremacists that ever walked the planet With your mini holocaust, killing Boer women and children in the most gruesome way because the Boers kicked your buts. Killing millions in Africa in your kaffir wars. lets not forget India.And then typical giving your own generalised meaning for the word Boer using the lowest common denominator and painting all with the same brush.But yet you plundered the same Orange Free State of all its gold and still do to give you your priviledged superior British lifestyle. Whats next - all Boers, Coolies and Kaffirs bad and evil? You make me sick with your biased ingrained rassism. Snothead!
Oct 11th, 2010 - 07:32 pm - Link - Report abuse 0Pedrito Querido....
Oct 11th, 2010 - 08:07 pm - Link - Report abuse 0You are meando un poco juera' el tarro Che.....
It is evident that you don't entendés suficiente ingles pá comprender la ironía que uso en mis textos CONTRA los britanicos and in FAVOR de nuestro País
Flaco.......... tomate un Tres Plumas , tranquilizate y la próxima vez, tratá de usar un poco el musculo craneano........
Saluditos
El Think
Entendés sufficient English pá to understand the irony that use in my texts AGAINST the Britons and or FAVOR of our Country Thin. ......... tomato a Three Feathers”, you calm down and the next
Oct 11th, 2010 - 09:31 pm - Link - Report abuse 0time, tratá to use a little the musculo craneano. .......
lol
@42 Pedo. You really mustn't hide your country's light under a bushel. It's nice of you to credit all these achievements to Britain, but you can still hold up your heads. With Portuguese and Dutch assistance, you managed to make the slave trade and florishing industry. But all by yourselves, you managed the concentration camps for African slaves in Cuba, burning people at the stake, the Inquisition, the garotte and, best of all, genocide. Just how many peoples have you managed to wipe out? The Aztec, the Inca, the attempt on the Mapuche. Bet you carved those notches deep!
Oct 12th, 2010 - 09:33 am - Link - Report abuse 0You are confused Typhoon - I am from Botswana, I am black and I dislike rassists intensely black,white or any colour. What i say about the British/Americans are true. @ Think - Your psydonym is realy not clever as it is clear that you need a bit more muscle between your ears. Ditto - stick up your junta.You are so British/American (same coin) in your thinking and supremacism it is scary. Change your handles to Me nobre es idiota Juvenile delinquents trying to piss off as many as is possible on this site. A waste of time commenting here.
Oct 12th, 2010 - 11:58 am - Link - Report abuse 0@46 Pedro
Oct 12th, 2010 - 01:31 pm - Link - Report abuse 0Botswana, eh? How's your Tswana?
OK Pedro
Oct 12th, 2010 - 02:54 pm - Link - Report abuse 0This clarifies things....
You are African............., don't know anything about South America............, can't even distinguish who is British or who is Argentinean in the debate etc etc etc....
You are right... For you, it is a waste of time commenting here!
What i say about the British/Americans are true
Oct 12th, 2010 - 05:59 pm - Link - Report abuse 0No it isn't. Racism is hugely taboo in the UK if i was to make a racist remark i know for a fact i would loose most if not all of my friends.
As for calling america racist, the leader of there nation is an african american.
@ zethee Context dear - historical and yes it is true, read your history books. Obama being president makes all USA citizens non-racist? No racism in the UK? Do you read the papers? What about the supremacists on this forum.? @ Think - You hide behind irony, dont even notice that your thinking is the flipside of the American/British coin on this forum. Both sides oh so superior. As for Argentina and South America I sure as hell know much more about you than you know about Southern Africa. You ( think) on the other hand, lack integrity, maturity and intelligence by defending the undefendable, the corrupt,the authoritarian freedom supression, blackmailing provinces, attacks on the freepress and then your xenophobia ( dont comment here etc. dont come to Argentina etc. puts the dot on the i And you believe you are so much better than the Anglo-Americans here ?Go and pay some piqueteros to support your un-just cause. Oh no - I see now, you are one. How much are you being paid to defend the K's, Chavez. Correa and Morales here? Strangely you also knock fellow Argentinians like Barilox - Why? because thats the K-way. My way or the Highway. Capo di Tutti around here.
Oct 13th, 2010 - 09:58 am - Link - Report abuse 0historical and yes it is true
Oct 13th, 2010 - 10:22 am - Link - Report abuse 0Historical. So what you are saying is in the past we was racist? Yes ofcourse we was, all nations were. You can not compare todays standards with the past.
And no i never said there is no racism in the UK, There is NO country in the entire world who does not have a small ammount of racism.
What about the supremacists on this forum
...Who?
The only people who have mentioned race or colour is frankly...you.
@ Zethee - Incorrect - 41 Think mentioned the word Boer in a derogatory sense - even went as far as to apologise for using it. 27 Frank used the term Kaffir. Highly derogatory and racist. So - I attempted to comment here in a civilised way until the mentioned individuals brought race and supremacism into it. Not to worry I wont comment any further on this forum. @ Conqueror. Ke boa Sestwana pela Kea leboha
Oct 13th, 2010 - 10:51 am - Link - Report abuse 0(52) Pedro
Oct 13th, 2010 - 04:29 pm - Link - Report abuse 0Have a nice life
I certainly won't miss a Wa-Benzi lile you...............
52 Pedro:
Oct 13th, 2010 - 05:10 pm - Link - Report abuse 0Your mistaken in that Think is not an englishman and i am not defending him.
Zethee is not defending pedro tha's not a Namibianman against the argentinianman that think think's he is if xbarilox wasn't a Chileanman
Oct 13th, 2010 - 05:32 pm - Link - Report abuse 0:-)
@ Zethee. Nerver thought you were defending him and never said so. I know he is Argentine but his thinking is the same as that of the Anglo Americans here. Both sides supremacist ( we are the greatest!) @ Think - do you even know what Wa-benzi means? Big difference between Nanibia and Botswana. Google a bit and you might understand. Thanks anyway and voetsek
Oct 13th, 2010 - 05:40 pm - Link - Report abuse 0Pedrito…
Oct 13th, 2010 - 06:34 pm - Link - Report abuse 0If I call you a Wa Benzi is because you sound and express yourself like one……
Curiously enough I have been “marginally” involved in the CKGR coalition and the CKGR case so I guess that I have a quite good picture of your Country…
So you think I am offended by that? I am more like a Wa-beemer and I work for what I have. I'm no piquetero. As for CKGR why then your references to Namibia? How marginal your involvement? Googled it purely by chance hmmm? If you save hard enough and stop piquetering ( get a job) you can even visit the magnificent,majestic place before it is too late. Approximately 700km by 300 km pure wild Africa.
Oct 13th, 2010 - 07:08 pm - Link - Report abuse 0Jeppp...
Oct 13th, 2010 - 07:36 pm - Link - Report abuse 0Wa-Benzi 100%
Pedro: The only issue i had was when you said that us English are a racist lot. In the past yes i totally agree but currently we welcome all people. London is very multicultural with only 57% of the city being White British.
Oct 14th, 2010 - 01:22 pm - Link - Report abuse 0It's very politically correct, to the point now that if you are of a foreign decent you are more likely to get stuff like government housing and such things.
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