MercoPress. South Atlantic News Agency
IMF head scheduled to visit Uruguay and Brazil next March; skips Argentina
IMF Managing Director is scheduled to visit Uruguay next month where he will meet President Jose Mujica and his economic team before flying to Brazil. Dominique Strauss-Khan will arrive in Uruguay from Panama and is not scheduled to visit Argentina, according to Uruguayan government sources. Read full article
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Disclaimer & comment ruleswhoops, this could hurt.... i think Timerman's childish rants are really starting to hit home!
Feb 17th, 2011 - 11:48 pm - Link - Report abuse 0Argentina is a legend in its own mind...... http://www.economist.com/node/17906027?story_id=17906027
Feb 18th, 2011 - 12:44 am - Link - Report abuse 0Hmmmmm Brazil, Chile, Colombia, Mexico, Peru..
Argentina isn't worth the printer's ink....
The IMF always skips Argentina. And in this case, Kirchner couldn't care less. As for the The Economist, its antipathy to Argentina is due mostly to the Kirchners' unmistakable departure from orthodox economics. In the 90s a US journalist wrote about how The Economist always manages to argue its case in the name of free markets by exposing how its analyses purposely misrepresent evidence on countries' development. http://www.theatlantic.com/technology/archive/1991/10/-quot-the-economics-of-the-colonial-cringe-quot-about-the-economist-magazine-washington-post-1991/7415/
Feb 18th, 2011 - 01:22 am - Link - Report abuse 0I think it's The Economist that is not worth one's penny.
well, helen launshed a thousand ships,
Feb 18th, 2011 - 02:04 am - Link - Report abuse 0I doubt if Kirchner & Timerman' can launch themselves over the nearest balcany .lol
I hope DSKhan will not skip Britain because this would be very serious as under where is going to be in near future like in the ’70. Haha.
Feb 18th, 2011 - 03:29 am - Link - Report abuse 0By the way Blair, Brown and Cameron are the most fan of the Economist publication.
You can easy see that by the state of the economy of Britain. Hahaha
The Economist is for people with bad teeth and a small brain.
Feb 18th, 2011 - 03:41 am - Link - Report abuse 0This are good signs, IMF and USA were never a good omen for Argentina.
Feb 18th, 2011 - 04:19 am - Link - Report abuse 0in any case there is till a national bank in Argentina.
http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
--- IMF has been fiasco institution...
Feb 18th, 2011 - 11:02 am - Link - Report abuse 0can not come becouse it knocked out in the year 2001/Argentina !
--- I 've been reading the Economist Magazine for 20 years, it has some
engrossing knowledges but has useless & light comments.
interesting ! it has no own reporters names !?
The Economist always complains about how the Argentine government loves to publish figures that are so outrageously wrong, that they are downright laughable. According to the Economist, Kirchner likes to say that inflation is at 9% (30% is more accurate) unemployment is at 9% (more like 20%) and that growth is 9% (who knows but I think 9% is actually a pretty good estimate, the Argentine economy is growing really fast). The most fictitious figure however is per capita GDP which is way off at $11,000/year, it's actually around half of that. The Economist Intelligence Unit, which is the Economist's sister statistics organization publishes what they are given from government's statistics ministries but they always caution the reader when it comes to Argentina and some other countries.
Feb 18th, 2011 - 03:39 pm - Link - Report abuse 0It's always good to stay in contact with those sharks (IMF). Keep your friends close, but keep your enemies closer. In South America, I'm sure they know how to deal with the IMF, but most people here in the so called west (whatever that is) we yet have to understand how the IMF truly works. Oh wait, in Ireland, Greece they already know, or kinda know..next step, Portugal, Spain, the UK, USA. So far Iceland was and still is ( for so far) the only nation in the so called west, to say F##K off to the IMF, and the banksters from my country and the UK. Looks like they learned and still learns from what the IMF play the games in South America.
Feb 18th, 2011 - 07:45 pm - Link - Report abuse 0@riomarcos
Feb 18th, 2011 - 11:22 pm - Link - Report abuse 0Provide evidence for your 20% unemployment estimate. No other South American country currently suffers from unemployment this high. And considering that a country's unemployment levels tend to be similar to that of its neighbors, I can't conceive a reason why Argentina's unemployment would be anywhere close to your figure, a number that rather resembles that of the worst crisis period Argentina had a decade ago. Argentina's private consumption is booming - something that wouldn't be possible with 20% unemployment rate - and even private analysts estimate that, from 2003 to 2010, its GDP growth was higher than 5% except for 2009. Your 20% unemployment figure just doesn't fit the overall picture for Argentina's economy.
@Fido Dido
Feb 19th, 2011 - 07:10 am - Link - Report abuse 0Don't forget the 1990s Asian crisis. In the late 90s most east and southeast Asian nations - South Korea, Indonesia, Malaysia, Philippines - suffered from a currency crisis. All of them accepted IMF help to compensate capital flights that were melting their currencies. All except Malaysia, and Malaysia was the first country to recover from the crisis. IMF performance was so disastrous, Henry Kissinger brought himself to write an editorial against it, saying the IMF was turning economic crises into political ones and potentially fueling anti-Americanism in that corner of the world.
well put it this way.
Feb 19th, 2011 - 01:36 pm - Link - Report abuse 0if most of the world turned against the yanks. [its possible]
and they decided to withdraw from world affaires, go home into isolation.
I would predict that most of the world would either collapse or be totally fxcked.
unless you can fight your corner.
that means in fact, the brits will be ok. but south America will be one of the first or 2nd to go , bullshit perhaps, lets hope you never have to find out.
but the Falklands will still remain British lol
first: Nobody cares about the yankees, funny word for “thieves”, what we Dutch gave them. We only care about that they do our dirty job.
Feb 19th, 2011 - 09:53 pm - Link - Report abuse 0Only Brits continue to suck their c**k, because it simply makes them look cool. Sucking is bad, it creates bad teeth.
I would predict that most of the world would either collapse or be totally fxcked.
Only ugly people with bad teeth and a small brain predict something like that.
that means in fact, the brits will be ok.
Facts is The UK is toasted: Your banking system is a mess, North sea is running out of oil, Your welfare system is on the brink of collapse, Pakies are taking the nation over, and ugly people with bad teeth, like Briton, always type bullshit here, to prove what kind of morons they are. Ugh..hate those aliens, ups i meant people.
well that mean the dutch will be ok then fido.
Feb 19th, 2011 - 11:20 pm - Link - Report abuse 0Commenting for this story is now closed.
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