Argentine and Brazilian presidents Cristina Fernandez and Dilma Rousseff agreed in Caracas the creation of a Productive Integration Mechanism, MIP, to deepen bilateral relations. Read full article
This 'Productive Integration Mechanism', MIP , is arguably essential to get Argentina through another phase of 'Bust'.
Will it be a partnership of equals? Publically, yes. Commercially and - most importantly - privately, not on your life!
The key thing is that, when the country and its fixed and variable 'assets' go 'up for sale', Brasil will be the preferred and possibly the only, allowed bidder.
This will keep the money in the Continent and, given time and a fair wind, Argentina will have an easier time 'regaining her assets'.
This 'Productive Integration Mechanism', MIP , will also provide a hurdle quietly designed to minimise the assets of both countries being leached out into CELACs clutches.
Obviously Geoff.But I think the others are as well.On a serious note,given the prospects of the world economy it sound a helpful deal for both states.However(that terrible word,however)import substitution is not going to be liked in USA or Europe but we will see.
I dont like where the world is going. I dont like the fact that growth can only be achived through excess consumption, and i certainly dont like the fact that every year it gets more complicated to create jobs. In Argentina there is almost no debate about these topics among politicians. I really hate their short term sight. I think i am going to jump into politics...
Jb You are indeed correct in your insight but if Argentina.and Brasil are to continue to grow right now there isnt the possibility of growing exports in the shortterm and politicians are even in the Kirchner terms dont have power for long especially if they are thinking long term as the majority of voters are enigmatically more concerned about the here and now as.Mr.Cameron will soon discover in England
Jb-it isn't necessaryily excessive consumption.There are many millions in poverty,it therefore more a question of distribution of resources.I don't think helping out bankers should be the priority.
Its a shame this global economic bust as a Computer enthusiast I would love to see a profitable world that allows us all to advance technologies that allow all man kind to reach new heights. So I begrudgingly accept the lesser of two evils David Cameron who will hopefully set us up to come out of this.But you are correct most voters are purely interested in the here and now and its just not going to get good for a while got to ride out the storm I'm afraid. @Yuleno your right helping bankers shouldn't be the priority well put xD
I saw on the news that last week there was a very important demostration in Britain due to the cuts undertaken by Cameron. Are those cuts neccesary?? Is there another way of fighting the crisis that doesnt involve cuts?? Perhaps a mix? Rise taxes?? Create new taxes?? What would you guys do if your were in Mr Cameron s place??? Commit suicide?? Jajjaj...no seriusly, what would you do??? The only thing i know is that cuts never solved a thing. Bye!
What would you guys do if your were in Mr Cameron s place?
The only thing I know is that cuts never solved a thing. JB #12
I remember reading about the Armisted slave schooner that might have made it back to Africa after the 'slaves' took over the ship, but unfortunately they did not make cuts or husband their food and water. Years of imprisonment in America followed.
My sons have often made cuts - to their standards of living - when the job scene took downturns. Down-sizing works.
My partner made a big cut - right across her credit card - when the need demanded. Cutting high personal debt and high interest repayments works.
One thing I know is that never making cuts never solved a thing.
Geoff,
l keep a very low limit on my credit cards.
My American card has a limit of $500.
l wouldn't even have one but some places will not accept anything else.
Try hiring a car in Australia without one.
The only thing i know is that cuts never solved a thing. Bye
Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
Capitalism runs on the speed of money circulation.It's why condifence is low that makes the problem.And that's low because the working class has incurred such debts that capitalists are complaining in their way.If there was a major war the governments would soon spend on arms.What's the difference in state spending on arms etc,and spending on housing?It's not a question of politics,it's a question of economics,isn't it?
The anger was from public sector workers who's pensions have been cut. Which is an area as a firm believer in the Welfare state I believe should have been left untouched. And not really taxes in this country are already really high and they have had a rise in this government. Things like tobacco are insane. If there were no cuts though the debt would rise. I'm no economist, but I know selling our nations gold reserves for a fraction of their worth was not a smart move. And I know if we don't start paying it off then the interest will haunt us. But to be honest we had a choice:
1.The guys that got us into the majority of our debt. By overspending and going into a war that didn't involve us.
2.The people that can't follow through on all their very nice policies which were unrealistic.
3.The other people. Who are not any better than the rest and is made up of Eton Educated Pompous Twats. But the lesser of the evils.
Comments
Disclaimer & comment rulesladies & gentlemen
Dec 03rd, 2011 - 09:35 am - Link - Report abuse 0as you see on article picture - right side-my origin (Balkan) women
have always more durable/healthy seeming ....!! just genetic !!
This 'Productive Integration Mechanism', MIP , is arguably essential to get Argentina through another phase of 'Bust'.
Dec 03rd, 2011 - 11:56 am - Link - Report abuse 0Will it be a partnership of equals? Publically, yes. Commercially and - most importantly - privately, not on your life!
The key thing is that, when the country and its fixed and variable 'assets' go 'up for sale', Brasil will be the preferred and possibly the only, allowed bidder.
This will keep the money in the Continent and, given time and a fair wind, Argentina will have an easier time 'regaining her assets'.
This 'Productive Integration Mechanism', MIP , will also provide a hurdle quietly designed to minimise the assets of both countries being leached out into CELACs clutches.
@1geo,
Dec 03rd, 2011 - 12:17 pm - Link - Report abuse 0Of course dovetchka, women with Slavic blood can be beautiful.♥♥♥♥
I expect MIP will become More Important Politics.
Dec 03rd, 2011 - 04:58 pm - Link - Report abuse 0Productive Integration Mechanism = MIP;
Dec 03rd, 2011 - 07:32 pm - Link - Report abuse 0I guess they could not call it PIM;
Port., deriv., vb., trans. Pimpar: to hector, to bully, to bluster.
(Just joking, guys ;-)
Obviously Geoff.But I think the others are as well.On a serious note,given the prospects of the world economy it sound a helpful deal for both states.However(that terrible word,however)import substitution is not going to be liked in USA or Europe but we will see.
Dec 03rd, 2011 - 08:23 pm - Link - Report abuse 0I dont like where the world is going. I dont like the fact that growth can only be achived through excess consumption, and i certainly dont like the fact that every year it gets more complicated to create jobs. In Argentina there is almost no debate about these topics among politicians. I really hate their short term sight. I think i am going to jump into politics...
Dec 03rd, 2011 - 10:09 pm - Link - Report abuse 0JB - If you are going to jump into this sea of sharks, be sure that you are an excellent swimmer.
Dec 04th, 2011 - 12:36 am - Link - Report abuse 0Jb You are indeed correct in your insight but if Argentina.and Brasil are to continue to grow right now there isnt the possibility of growing exports in the shortterm and politicians are even in the Kirchner terms dont have power for long especially if they are thinking long term as the majority of voters are enigmatically more concerned about the here and now as.Mr.Cameron will soon discover in England
Dec 04th, 2011 - 07:06 am - Link - Report abuse 0Jb-it isn't necessaryily excessive consumption.There are many millions in poverty,it therefore more a question of distribution of resources.I don't think helping out bankers should be the priority.
Dec 04th, 2011 - 11:28 am - Link - Report abuse 0Its a shame this global economic bust as a Computer enthusiast I would love to see a profitable world that allows us all to advance technologies that allow all man kind to reach new heights. So I begrudgingly accept the lesser of two evils David Cameron who will hopefully set us up to come out of this.But you are correct most voters are purely interested in the here and now and its just not going to get good for a while got to ride out the storm I'm afraid. @Yuleno your right helping bankers shouldn't be the priority well put xD
Dec 05th, 2011 - 12:32 am - Link - Report abuse 0I saw on the news that last week there was a very important demostration in Britain due to the cuts undertaken by Cameron. Are those cuts neccesary?? Is there another way of fighting the crisis that doesnt involve cuts?? Perhaps a mix? Rise taxes?? Create new taxes?? What would you guys do if your were in Mr Cameron s place??? Commit suicide?? Jajjaj...no seriusly, what would you do??? The only thing i know is that cuts never solved a thing. Bye!
Dec 05th, 2011 - 04:10 am - Link - Report abuse 0What would you guys do if your were in Mr Cameron s place?
Dec 05th, 2011 - 10:41 am - Link - Report abuse 0The only thing I know is that cuts never solved a thing. JB #12
I remember reading about the Armisted slave schooner that might have made it back to Africa after the 'slaves' took over the ship, but unfortunately they did not make cuts or husband their food and water. Years of imprisonment in America followed.
My sons have often made cuts - to their standards of living - when the job scene took downturns. Down-sizing works.
My partner made a big cut - right across her credit card - when the need demanded. Cutting high personal debt and high interest repayments works.
One thing I know is that never making cuts never solved a thing.
Geoff,
Dec 05th, 2011 - 11:01 am - Link - Report abuse 0l keep a very low limit on my credit cards.
My American card has a limit of $500.
l wouldn't even have one but some places will not accept anything else.
Try hiring a car in Australia without one.
The only thing i know is that cuts never solved a thing. Bye
Dec 05th, 2011 - 01:56 pm - Link - Report abuse 0Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
Capitalism runs on the speed of money circulation.It's why condifence is low that makes the problem.And that's low because the working class has incurred such debts that capitalists are complaining in their way.If there was a major war the governments would soon spend on arms.What's the difference in state spending on arms etc,and spending on housing?It's not a question of politics,it's a question of economics,isn't it?
Dec 05th, 2011 - 02:17 pm - Link - Report abuse 0The anger was from public sector workers who's pensions have been cut. Which is an area as a firm believer in the Welfare state I believe should have been left untouched. And not really taxes in this country are already really high and they have had a rise in this government. Things like tobacco are insane. If there were no cuts though the debt would rise. I'm no economist, but I know selling our nations gold reserves for a fraction of their worth was not a smart move. And I know if we don't start paying it off then the interest will haunt us. But to be honest we had a choice:
Dec 05th, 2011 - 06:05 pm - Link - Report abuse 01.The guys that got us into the majority of our debt. By overspending and going into a war that didn't involve us.
2.The people that can't follow through on all their very nice policies which were unrealistic.
3.The other people. Who are not any better than the rest and is made up of Eton Educated Pompous Twats. But the lesser of the evils.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!