In a milestone speech on Tuesday anticipating the four years of her next mandate, Argentine President Cristina Fernandez disclosed she would continue with pro-growth policies but also added that a time of ‘fine tuning’ had arrived in which she was willing to address all issues including “investment and inflation” but not through the newspapers. Read full article
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Disclaimer & comment ruleshurry up, the clock is ticking Cristina...
Nov 23rd, 2011 - 06:41 am - Link - Report abuse 0in your dreams xbarilox lol :)
Nov 23rd, 2011 - 09:06 am - Link - Report abuse 0Totalitarianism, aka Peronism, is an enemy of liberty and hence prosperity.
Nov 23rd, 2011 - 11:16 am - Link - Report abuse 0”Let us talk sincerely, I’ve learnt not to get mad”, said the President.
Nov 23rd, 2011 - 11:19 am - Link - Report abuse 0Is she for real, who writes these speeches for her? What a load of gobbledegook, it is no wonder the government sends out mixed messages to the world if this is anything to go by AND she took an hour of television with this drivel!
@3 Gotta keep them poor. I suspect the 10m that voted her into power were primarily the poor and people making money from supporting her corrupt system of government.
Nov 23rd, 2011 - 12:00 pm - Link - Report abuse 05 ElaineB, 54% of the vote is not enough for you?
Nov 23rd, 2011 - 04:44 pm - Link - Report abuse 0The famous 54% is now less than 15%.
Nov 23rd, 2011 - 04:52 pm - Link - Report abuse 0”Until now we have made reference to the small, medium and large businesses;
Nov 23rd, 2011 - 10:21 pm - Link - Report abuse 0but now we have to centralize each and every sector with regard to competitiveness in each company,
which will only be sustainable through adopting policies of inclusion”.
“what we will need to measure in this world is that each company has a standard practicality”.
“There is need to innovate the behaviour of each sector, businessmen, workers and the State, as a third part in the trilogy, which has been one of the keys in the model of growth with inclusion”.
GOBBLEDYGOOK
Well then lets all vote for gobbledygook it gives growth of 8% while Europe disintegrates
Nov 24th, 2011 - 12:03 am - Link - Report abuse 0The problem stating unqualified growth figures is simply that no-one believes them coming from this govt. Given real inflation is 25-28% and the central bank has embarked on a policy of devaluing the pesos, by the end of 2012 (but probably much sooner) the number is going to be 35-38%. To achieve 7% in reality means 45% growth in the pesos vale of exports. Anything less than 38% growth is a contraction.
Nov 24th, 2011 - 10:40 am - Link - Report abuse 0Best of luck.
ChrisR I have finally worked it out you are the Greek finance minister.
Nov 24th, 2011 - 01:52 pm - Link - Report abuse 0Your so called facts are simply a joke.Even the Clarin group out and out opponent of the Kirchners are reporting inflation of 20.4% compared to INDEC 9.7%.With the European collapse inflation is falling probably in Clarin terms to 15% annually in 2012.
So spare us what you are wishing for and stick to reality
Yes, *relative* inflation is important in global transactions (that's why we benchmark against some 'standard' currency), but, for the people at the bottom of the heap, absolute change in the national inflation rate is important for them to 'get through the next week' - and that is somewhere between 20-30% p.a. for the last year, with the figure varying depending on which month you do the sum.
Nov 24th, 2011 - 02:50 pm - Link - Report abuse 0Obviously expect big changes once the first devaluation is introduced - Big Change is what it is designed to do.
I have presented Chris's argument before on here and nobody seemed able to refute it.
I find it ridiculous that EU citizens are falling below a hunger level and still come to preach us finances and talk about % and numbers, now if the EU citizens are sooo good at this to give us lectures right here in the blog why the hell don't they fix EU bankrupt system ???? really ??? give us a break. and quit talking trash happening in EU that you wished happened to someone else, I hear inflation will stop flat as soon as the foreign exchange start charging a 50% fee on all foreigh exchanges, land reform and taxes should be hable to deal with the rest of the problems in Argentina, Argentina is a gold mine we just have to kow how to milk it.
Nov 28th, 2011 - 09:30 pm - Link - Report abuse 0Pirat says Argentina is a gold mine we just have to kow how to milk it.
Nov 29th, 2011 - 12:40 am - Link - Report abuse 0I think he's just taken the award for the most humerous mixing of metaphors.
You mine gold,
and milk a kow.
I go to bed with a happy smile.
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