Argentina’s economy expanded in the third quarter at the fastest pace since 2003, said President Cristina Fernandez on Thursday during a visit to a Toyota Motor Corp. plant in the province of Buenos Aires Read full article
I find that figure very hard to believe and it has the same credibility as the inflation figure!
A country that is doing this well doesn't pass laws to:
limit foreign ownership of land (confiscations)
control newsprint (control newspapers)
Terrorism charges for currency manipulation (saying the peso is going down)
This is just 1 day of laws passed in the congress!
I see this as textbook Venezuela pseudo-dictatorship. It is very scary.
Jealous but guess what a regular visitor to BA who has never been on Corrientes and doesnt speak a word of Spanish.But she does get rare books for her Argentine friends in Español not on sale on Corrientes but yes somewhere out there.Walterina Mittina I think might be closer than Elaine
Buenos Aires has been crowned World Book Capital for 2011 in recognition of the vibrant literary culture within the city, which plays host to 70 libraries , over 400 bookstores and scores of smaller book-dispensing kiosks
6 not obsessed just amused by your daydreams
7 its funny isnt it probably one of the three or four most lierary cities in the World but some little Englanders imagine it so differently
This ”She Turnip” really irritates my spleen with her unbelievable stories about unavailable, unnamed philosophy books in Argentina and good hearted middle-aged English ladies, unselfishly helping young, poor Argentinean students in their quest for wisdom …………...........
Therefore I contacted some ”Young Turks” at the Grand Ol’ “Facultad de Filosofia y Letras” (UBA) to double check what I already knew and to dismiss any possibility of that haughty Brit talking the truth………
They laughed at me……….......................
If ANY book should be unavailable in Argentina, it wouldn’t take more than a couple of hours to organize a “Scanning and CC Mailing List happening” from any University Library on the Planet where the said book was available………….., they said.
ElaineB; you have been weighed on the scales and found to be too light……………….
I find that figure very hard to believe and it has the same credibility as the inflation figure!
Really yank??
The reality Argentina is BOOMING!1
If you do not believe...well there is the Argentine AMnufacturing automotive association, stats,that corroborates that figure..
http://www.adefa.com.ar/v2/index.php
(Psst the site is also in English) Tells you about the Auto production,in Argentina, by month,manufacturer,export,imports..etc.....
Just check it out....
Nobody is jealous of a place where 60% of the working professional population make u$730/mo. or less....
Soy down 8+% yoy and car exports down this month...Car sales may be good internally since they are priced in pesos which is rapidly becoming worthless, buy now before it is 25% more next year. Get it stupid? Argentina is the only country in the world where cars are worth more when they leave the lot... sad sad sad 10 years down the drain and nothing to show for it...
Poor Yanks, their poverty rate swells to nearly 1 in 6, almost 50 million people recieves food stamps, unemployment is not getting any better. So they come to Argentina to sale ladies purses :-)))
Join Elaine's jealousy club and helper to find those philosophy books.
Well done yankee boy your stats show peefectly that even with indec inflation stats Argentines are gaining every year with comparison with their English counterparts..But if as you keep telling us inflation is over 20% its incredible how strong the peso actually is
Sure,yan!! You are rigth but I like were I live....What is the point??USA debt of 15 trillion???IS that good??It looks that USA is in bad shape....
And the cars keep rolling out the asembly plants...You do not like it??/Well I do not care....We are OK,and the fture looks good for Argentina.The dreams of virtual currency and all that crap is headings toward disaster..You want to bet guys???Too artificial had become the world...paperless currency...It is all crap,doomed to failure!
19. You don't know how to read a graph, I will make it simple for you, peso down is bad, it costs you lot more pesos to go to London than it did 5 yrs ago? Is that good?
20. What is that nonsense you are spouting? I think your translation software is off. Isn't the peso a paper currency? I wouldn't rely on car mfg for much longer aren't they idling plants right now?
If the GDP is quoted in Pesos (like any other country - they use their own currency), then given the rate of inflation in Argentina, the GDP has contracted.
No surprise there then!
For all the Argie Numbnuts: pesos inflation = less value in the money; inflation means exports cost less but imports cost more. Once the inflation adjusted 'margin' is known, guess what - that is also worth less!
Comments
Disclaimer & comment rulesI find that figure very hard to believe and it has the same credibility as the inflation figure!
Dec 16th, 2011 - 02:08 pm - Link - Report abuse 0A country that is doing this well doesn't pass laws to:
limit foreign ownership of land (confiscations)
control newsprint (control newspapers)
Terrorism charges for currency manipulation (saying the peso is going down)
This is just 1 day of laws passed in the congress!
I see this as textbook Venezuela pseudo-dictatorship. It is very scary.
#1 is jeaulos :-)))
Dec 16th, 2011 - 03:26 pm - Link - Report abuse 0@1 Hugo Chavez did buy Argentina in the fire sale.
Dec 16th, 2011 - 04:08 pm - Link - Report abuse 0#3 is jeaulos as well :-)))
Dec 16th, 2011 - 05:10 pm - Link - Report abuse 0Jealous but guess what a regular visitor to BA who has never been on Corrientes and doesnt speak a word of Spanish.But she does get rare books for her Argentine friends in Español not on sale on Corrientes but yes somewhere out there.Walterina Mittina I think might be closer than Elaine
Dec 16th, 2011 - 06:26 pm - Link - Report abuse 0Still obsessed with me O'Gara?
Dec 16th, 2011 - 07:38 pm - Link - Report abuse 0O gara, I know :-))
Dec 16th, 2011 - 08:03 pm - Link - Report abuse 0Buenos Aires has been crowned World Book Capital for 2011 in recognition of the vibrant literary culture within the city, which plays host to 70 libraries , over 400 bookstores and scores of smaller book-dispensing kiosks
http://thereaderonline.co.uk/2011/04/28/buenos-aires-world-book-capital-2011/
http://thereaderonline.co.uk/2011/04/28/buenos-aires-world-book-capital-2011/
http://thereaderonline.co.uk/2011/04/28/buenos-aires-world-book-capital-2011/
6 not obsessed just amused by your daydreams
Dec 16th, 2011 - 08:33 pm - Link - Report abuse 07 its funny isnt it probably one of the three or four most lierary cities in the World but some little Englanders imagine it so differently
Toyota's car production is inadequate in Argentina ....!!
Dec 16th, 2011 - 09:29 pm - Link - Report abuse 0@8 'it probably one of the three or four most lierary cities in the World'
Dec 16th, 2011 - 09:51 pm - Link - Report abuse 0Really?????? It doesn't show....
(7) Marcos Alejandro and (8) O'Gara
Dec 16th, 2011 - 10:29 pm - Link - Report abuse 0This ”She Turnip” really irritates my spleen with her unbelievable stories about unavailable, unnamed philosophy books in Argentina and good hearted middle-aged English ladies, unselfishly helping young, poor Argentinean students in their quest for wisdom …………...........
Therefore I contacted some ”Young Turks” at the Grand Ol’ “Facultad de Filosofia y Letras” (UBA) to double check what I already knew and to dismiss any possibility of that haughty Brit talking the truth………
They laughed at me……….......................
If ANY book should be unavailable in Argentina, it wouldn’t take more than a couple of hours to organize a “Scanning and CC Mailing List happening” from any University Library on the Planet where the said book was available………….., they said.
ElaineB; you have been weighed on the scales and found to be too light……………….
I find that figure very hard to believe and it has the same credibility as the inflation figure!
Dec 16th, 2011 - 11:22 pm - Link - Report abuse 0Really yank??
The reality Argentina is BOOMING!1
If you do not believe...well there is the Argentine AMnufacturing automotive association, stats,that corroborates that figure..
http://www.adefa.com.ar/v2/index.php
(Psst the site is also in English) Tells you about the Auto production,in Argentina, by month,manufacturer,export,imports..etc.....
Just check it out....
Mr Think, Marcos, O´gara .....Gentlemen.
Dec 17th, 2011 - 12:05 am - Link - Report abuse 0People who deliberately distort reality, knowing the truth......are simply intellectually perverted.
In my opinion, not worth a minute of your valuable synapses.
Saludos
Nobody is jealous of a place where 60% of the working professional population make u$730/mo. or less....
Dec 17th, 2011 - 01:08 am - Link - Report abuse 0Soy down 8+% yoy and car exports down this month...Car sales may be good internally since they are priced in pesos which is rapidly becoming worthless, buy now before it is 25% more next year. Get it stupid? Argentina is the only country in the world where cars are worth more when they leave the lot... sad sad sad 10 years down the drain and nothing to show for it...
@14 yankeeboy (#)
Dec 17th, 2011 - 01:32 am - Link - Report abuse 0The day reckoning will soon be upon them. They simply don't get it!
Poor Yanks, their poverty rate swells to nearly 1 in 6, almost 50 million people recieves food stamps, unemployment is not getting any better. So they come to Argentina to sale ladies purses :-)))
Dec 17th, 2011 - 03:14 am - Link - Report abuse 0Join Elaine's jealousy club and helper to find those philosophy books.
British economy roaring at 0.00000000001% in third quarter, announced David Cameron.
Dec 17th, 2011 - 08:54 am - Link - Report abuse 0http://www.guardian.co.uk/society/2011/dec/03/pessimism-britons-things-worse
16. Our poverty level is your Doctors wage (actually more)... yeah we are super jealous!
Dec 17th, 2011 - 04:49 pm - Link - Report abuse 0I wonder how many Argentinian doctors are working as gardeners here? Can anyone help me find some statistics on that?
17. If UK is doing so bad and Arg doing so well how come the Pound to Peso is not following suit?
http://www.xe.com/currencycharts/?from=GBP&to=ARS&view=10Y
seems like the world disagrees with you.
Well done yankee boy your stats show peefectly that even with indec inflation stats Argentines are gaining every year with comparison with their English counterparts..But if as you keep telling us inflation is over 20% its incredible how strong the peso actually is
Dec 17th, 2011 - 06:34 pm - Link - Report abuse 0Sure,yan!! You are rigth but I like were I live....What is the point??USA debt of 15 trillion???IS that good??It looks that USA is in bad shape....
Dec 17th, 2011 - 07:24 pm - Link - Report abuse 0And the cars keep rolling out the asembly plants...You do not like it??/Well I do not care....We are OK,and the fture looks good for Argentina.The dreams of virtual currency and all that crap is headings toward disaster..You want to bet guys???Too artificial had become the world...paperless currency...It is all crap,doomed to failure!
19. You don't know how to read a graph, I will make it simple for you, peso down is bad, it costs you lot more pesos to go to London than it did 5 yrs ago? Is that good?
Dec 18th, 2011 - 01:43 pm - Link - Report abuse 020. What is that nonsense you are spouting? I think your translation software is off. Isn't the peso a paper currency? I wouldn't rely on car mfg for much longer aren't they idling plants right now?
If the GDP is quoted in Pesos (like any other country - they use their own currency), then given the rate of inflation in Argentina, the GDP has contracted.
Dec 19th, 2011 - 05:52 pm - Link - Report abuse 0No surprise there then!
For all the Argie Numbnuts: pesos inflation = less value in the money; inflation means exports cost less but imports cost more. Once the inflation adjusted 'margin' is known, guess what - that is also worth less!
Downward spiral.
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