Argentine industry warns: inflation is like a hard drug that creates “illusions and social tensions”

Tuesday, February 8th 2011 - 05:03 UTC

Full article 6 comments

Argentina’s Industrial Union’s vice president, and FIAT Argentina’s head Cristiano Ratazzi, warned Monday that “inflation is like a drug that creates illusions but also social tensions”. Read full article

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I
seems like fiat is gearing up for strikes and price hikes, there is no inflation just greedy capitalist trying to bully our leaders, I would be preparing some kind of law to force this greedy pigs to meet national demand with national production of sign the government emergency expropiation papers tomorrow and give it to the state since there is no much profit margins and we can't compete, Argentina will at least keep the jobs without a useless europid CEO.
Feb 08th, 2011 - 07:33 am - Link - Report abuse 0
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Redhoyt
“ ... there is no inflation ...”

Lol ... talk about being in denial :-)
Feb 08th, 2011 - 08:55 am - Link - Report abuse 0
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WestisBest
“ ... there is no inflation ...”

PMSL!
you just keep your head in the sand. fool.
:-)))
Feb 08th, 2011 - 11:10 am - Link - Report abuse 0
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I
is there a british gay convention in town how did you too lovers found echother ??
#2 living in the closet doesn't make you any better, is the pot calling the cattle black ? LOL
I think it's time for both of you to get your meds again.
Feb 08th, 2011 - 09:13 pm - Link - Report abuse 0
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WestisBest
I reckon it's you who needs the meds I(mbecile), a large dose of reality....“there is no inflation”......

Fool.
Feb 10th, 2011 - 01:39 am - Link - Report abuse 0
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I
I don't see inflation, I see a lot of capital fleeing Argentine banks, I think a 30% fee on foreign exchange is a great way to keep inflation down, Cuba has done it for years and the U$ dollar is being sitting at between 20 and 25 cuban pesos for the last ten years. that right no inflation just foreign capital fleeing and no penaly for the theft, Argentina needs higher taxes and royalty returns from mining.
Feb 10th, 2011 - 10:23 pm - Link - Report abuse 0
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