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Brazil will evaluate the impact and legality of Argentina’s latest trade barriers

Thursday, February 2nd 2012 - 05:47 UTC
Full article 29 comments

The Brazilian government expressed concerns over the new Argentine trade barriers going in effect on Wednesday and informed that it would “evaluate its impact and legality” before making any decisions, Foreign Trade secretary Tatiana Prazeres announced. Read full article

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  • MurkyThink

    This article says :

    Brazil will evaluate the impact and legality of Argentina's latest trade barriers.............

    I say :

    Foreign Trade Secretary Tatiana Prazeres is the Sarah Palin of Brazil....

    Feb 02nd, 2012 - 09:02 am - Link - Report abuse 0
  • yankeeboy

    Brazil will limit car imports as retaliation and shut down the auto industry in ARG. CFK will cave and re-open the imports. I think they are trying to hold off until they see what the Soy crop looks like and they can try to calculate the trade balance to see what they can really afford to let in. It is a game a chicken with a much bigger chicken. Arg will lose in the end as they always do.

    Feb 02nd, 2012 - 11:53 am - Link - Report abuse 0
  • tobias

    yankeeboy, why do you loathe Argentina so much, just curious?

    Feb 02nd, 2012 - 05:11 pm - Link - Report abuse 0
  • ChrisR

    3 tobias

    Looks to me like yankeeboy has got it about right.

    Sorry if it offends your sensibilities but the truth will out, and very soon.

    Feb 02nd, 2012 - 05:44 pm - Link - Report abuse 0
  • tobias

    The point is, he evinces such transparent Schadenfreude at the scenario of the USA, or the UK, or Brazil, or the IMF, or Chile, or anyone, humilliating Argentina. As do you.

    Notice have neither of you have one solitary time suggested what it is Argentina should do or how it should act with the rest of the world. The only thing I can gather is the only way Argentina could ever become honorable for people like yourselves, is by acquiescing to complete subjugation by larger nations, international entities, and smaller nations too.

    Why?

    Feb 02nd, 2012 - 05:51 pm - Link - Report abuse 0
  • catagom

    Tobias, please, stop embarrassing yourself.

    Argentinians don't cooperate with each other, which explains why the country is so hopelessly dysfunctional. But in today's world, dysfunctional = mal-adaptive.

    It's a low-trust culture. Low-trust = low-cooperation = low-productivity.

    It's that simple. All you do is complain and blame and judge the world like you are a bunch of God's. You're a bunch of boludos is what you are.

    Not everyone, of course. But the majority, absolutely.

    I don't want to speak for Yankee Boy, but I would interpret his remarks to mean that Arg always loses because, among other reasons, it is too impulsive, selfish, dishonest, and immature.

    It is incapable of self-criticism and the growth that follows it.
    It just walks around with a magnifying glass looking for the defects of everyone else but themselves.
    Their basic idea is:
    The world is wrong and bad (especially the USA) and they are right and good. Blah, blah, blah. Sick, Crazy, and Stupid.

    We're coming and you're on your way out. So, tell your story walking!

    But leave your women. They won't be histérica when we are finished with them.
    We don't tolerate that, like you Mama's Boys do.

    Another reason you fail is because you spend time talking about things that aren't true, or that you can't do - like win a war. Instead you should clean up your streets and sidewalks. Lots of trash and dog poop. Is the US keeping you from respecting your own property? Losers.

    Is the US or any other “colonialist, imperialist power...” blah, blah, blah...
    keeping you from cleaning up the world's ugliest Art building (UNLP).

    It looks like a kindergarten for crazy children. Why?

    That's the question you should ask.

    Look at yourselves!!!
    But you will the day after pigs fly over the skies of Buenos Aires.

    Feb 02nd, 2012 - 06:39 pm - Link - Report abuse 0
  • tobias

    I can's say I disagree with the above, up to but including the word “Stupidity”.

    The rest after that was a pixilated, discoursive ramble. I got the main point of it though: you got issues to work out.

    And my original question to Chris remains unanswered. Short of subjugation (Argentina always saying “yes” to everyone... ), what is the strategy to “honorability”?

    Feb 02nd, 2012 - 06:57 pm - Link - Report abuse 0
  • yankeeboy

    With your command of the English language I would assume you know what it means to be honorable. That is a word that most Argentinians don't know the meaning of and in my experience they think people& countries that are HONORABLE are weak and stupid.
    I have found it is a charter flaw in most of your countrymen.
    The country and people could start by honoring their debts, contracts and treaties. By the whim or government or personally contracts/treaties/debts are rarely honored in your country. The are torn up, ignored or used as a weapon against the other party.
    This is the main reason there is no FDI in the county. Your courts and laws are whatever the current person in power wants them to be regardless of what the laws or customs are followed.
    It is a scary place to do business if you are not politically connected you ware bound to fail.
    That would be the first step to become a “Serious Country” ( in quotes because if Nestor or anyone really though t it was a serious country he wouldn't have had to advertise it so much on TV)

    Feb 02nd, 2012 - 07:37 pm - Link - Report abuse 0
  • Think

    (3) Tobias

    You ask:
    Yankeeboy, why do you loathe Argentina so much, just curious?

    Well……….:
    I asked myself the same question last winter when “Yankeeboy” (he called himself “Fredbdc” at that time) rejoiced in a MercoPress article last winter over the untimely dead, by carbon monoxide poisoning, of some indigent Argentineans.

    Needless to say; I kind of disliked that………..

    I found out that his name is Fred Bates, a hairless Realtor from Washington DC.
    I found out that he was a shoes salesman for Casa Lopez in Buenos Aires and that they fired him.
    I found out that a couple of pickpocketers ”helped him” with his golden Rolex at Recoleta.
    I found out that he’s married with an Argentinean woman. (Natural blond…. he says :-)
    I found out that he is eagerly awaiting an Argentinean collapse to buy cheaply his dream house in BUE.
    I found out he is a member of the KKK.
    I hope the above answers your question……………

    Feb 02nd, 2012 - 07:42 pm - Link - Report abuse 0
  • tobias

    yankee boy, I concur. See, that was simple.

    A word of caution: while I don't see a 2001 style scenario (that was a combination of currency board + unusually strong dollar, high-foreign debt, low commodity prices), we saw what happened then: outside Argentina.

    Uruguay, Paraguay, Bolivia were immediately taken down with her, Ecuador had to default on her debt, Chile entered it's first recession in 12 years, Venezuela suffered a contagion currency-crisis and the Bolivar plummeted, Peru saw a massive drop in remitences, and Brazil saw 0% growth and it delayed their “take-off” by at least two years.

    I would not be so eager to see trully severe problems in Argentina.

    Feb 02nd, 2012 - 07:56 pm - Link - Report abuse 0
  • yankeeboy

    10. No I don't think this next recession will be like 2001. There are a lot of structural differences.
    I think the most worrisome for the gov't and people is the balance of trade issue and the inability to finance it. If they get below 39B in reserves I think the peso will go into free fall and who knows where it will end up. I think it could get really bad.
    I really feel sorry for the people who live there and don't have their $ safely outside of the country. So it is not the abject poor that will have the problems unfortunately their plight never changes, nor the very rich their $ is already out and safe, it is the middle class that will have the pain and they may never recover. I know a lot of my friends (middle class) families never recovered from 2001 and if there is another recession this year they will get pushed into the poor category pretty quickly

    Feb 02nd, 2012 - 08:09 pm - Link - Report abuse 0
  • ElaineB

    @9 You are seriously creepy.

    Feb 02nd, 2012 - 08:12 pm - Link - Report abuse 0
  • Think

    (12)

    Are you talking to me?
    http://www.youtube.com/watch?v=XzPBUGUM7KQ

    Feb 02nd, 2012 - 08:18 pm - Link - Report abuse 0
  • Marcos Alejandro

    I wonder why fred changed his name to“yankeeboy”...

    Feb 02nd, 2012 - 08:19 pm - Link - Report abuse 0
  • ChrisR

    7 tobias

    You say I never give answers. I have done so many times in the recent months but I will do so again for you: this is what needs to be done as a start.

    Get rid of the menatally defective CFK before anything else. Get rid of her hangers-on, FatBoy and hiS La Campora placemen in the government monopolies - the airline for a start. Start telling the truth about the metrics of the economy. Without truth NOTHING can be done.

    Stop wasting time with the Falkland nonsense (there are no Malvinas) which is just destracting everyone from the real problems. Stop putting road blocks in the way of private enterprise. Stop playing the dictator with the freedom of the press. Stop nationalising private enterprise. Stop putting blocks on USD movement (for credibility). Payback your bonds in line with real inflation.

    This is just for starters, after that comes the real problem of getting inward investment but it should be possible once the truth is out and being dealt with.

    ANYBODY THINK THERE IS A HOPE OF THIS HAPPENING?

    GET A FIRM GRIP ON TAX EVASION AT THE HIGHEST LEVELS. When the ordinary worker can see something IS being done about graft and corruption things might start to turn the corner.

    Feb 02nd, 2012 - 08:22 pm - Link - Report abuse 0
  • tobias

    @11, if your scenario materializes, though nothing is certain, then this time it will be the Peronists and the labor unions in power, not the opposition. So they would get the blame. So perhaps CFK's re-election would have been felicitious.

    Feb 02nd, 2012 - 08:22 pm - Link - Report abuse 0
  • Think

    (14) Marcos Alejandro

    Search me.

    Chuckle chuckle©

    Feb 02nd, 2012 - 08:33 pm - Link - Report abuse 0
  • Marcos Alejandro

    17 Think

    Fred the baldy salesman is easy(gaining weight) but “Think” will take me a while :-))

    Feb 02nd, 2012 - 08:39 pm - Link - Report abuse 0
  • yankeeboy

    16, It is easy to get re-elected when you increase gov't spending 30% in one year! Money is flowing everywhere!! It is not so easy to keep the job when the spigot is shut off as many past RG leaders have found out!
    So we shall see in a couple months whether CFK will sink or swim and in the mean time it will be interesting to watch from afar.

    Feb 02nd, 2012 - 08:47 pm - Link - Report abuse 0
  • tobias

    Chris, sensible advice, thanks.

    I'll bring up a belief I have for this first time since I registered in this website, I don't believe a capitalist or free-market economy can thrive in Argentina. And not because of corruption (though that is a major hindrance). I simply believe the country is squeezed out of major investment even if it were the most hospitable nation in the world for capital.

    I shall use the analogy of our Solar system: eight planets, a dozen or so major satellites, and billions of comets, asteroids, etc. The large planets developed by having enough initial mass to accrete more material, a virtuous cycle. The satellites were also massive enough for accretion, but small enough to be captured by planets in stable orbits. The smaller bodies scattered about, their small size concealing them from destruction (though many times they do collide to their demise).

    Nations like China, Russia, Brazil, Mexico, Nigeria, Indonesia, etc, will develop no matter how corrupt they are. They have a large enough internal markets to fuel further industrialization. Smaller, homogeneous nations in population like Chile, Uruguay, the Scandinavians, New Zealand, Australia, etc, are the satellites of these larger nations in supplying them raw materials and by having smaller populations can improve their standard from it (Chile: copper). Tiny island nations or enclaves like Singapore, Barbados, the Falkland Islands, etc can either become off-shore centers or specialize in one area of industry, and thrive as any such bonanza quickly benefits the small population.

    Argentina is the asteroid belt. It wasn’t large enough to accrete to a planet, it’s not small enough to be a satellite of a major planet, and it’s certainly too enormous to be a one-trick pony economy or off-shore center.

    Investors, even if all the conditions were right, would not find interest in investing in Argentina. Too small an internal market for some, too large for the other class investors.

    Catch-21.

    Feb 02nd, 2012 - 08:55 pm - Link - Report abuse 0
  • Marcos Alejandro

    Fred, USA today
    “From six figures to $15,000”

    http://money.cnn.com/video/news/2012/02/01/n_teen_wages_family.cnnmoney/

    Feb 02nd, 2012 - 08:59 pm - Link - Report abuse 0
  • yankeeboy

    20. I think you're onto something there but Capitalism couldn't hurt!

    Feb 02nd, 2012 - 09:12 pm - Link - Report abuse 0
  • ChrisR

    20 Tobias

    Excellent analogy. The only thing about being in the asteroid belt however is the risk that you will be clobbered by another asteroid! :o)

    Feb 03rd, 2012 - 09:37 am - Link - Report abuse 0
  • McClick

    # 13 Think,,,,mate
    Do you love theatre ?..Do you know the famous Donovan role ?
    Are you the Donovan of this Mercopress theatre with these your all womanish comments.?

    Feb 03rd, 2012 - 12:12 pm - Link - Report abuse 0
  • tobias

    Then you all agree even if Argentina made the “right” choices, it would not attract foreign investment. So what would be the point anyway?

    Feb 03rd, 2012 - 04:43 pm - Link - Report abuse 0
  • yankeeboy

    25. Of course it would attract FDI if it changed, it would just take a really long time until people believed their investment was safe.

    Did you see they have extended the areas that will not receive subsidies any longer? It is a surprise that it is almost exclusively in the opposition areas? Soon it will be everywhere it is just a matter of time.

    Feb 03rd, 2012 - 04:52 pm - Link - Report abuse 0
  • ChrisR

    25 tobias

    I NEVER said Argentina would not attract foreign investment, even if it changed, just the opposite.

    I do think however that people like yourself have an enormous up-hill battle with you countrymen to accept the suggestions I have made, nevermind implimented.

    There is nothing better I would like to see than a prosperous Argentina run by respectable people who have no colonial ambitions with the Falklands (there are no Malvinas).

    They would also treat their neighbours better and gain the real respect they deserve (not the fantasy 'world respect' presently claimed).

    Feb 03rd, 2012 - 05:43 pm - Link - Report abuse 0
  • lsolde

    @27 ChrisR,
    Argentina was on the right road in 1900.
    lf the country had stayed on track it would have been a very desirable place to live today.

    Feb 04th, 2012 - 10:11 am - Link - Report abuse 0
  • ChrisR

    28 lsolde

    I agree, but the 'problem' was that the landowners / moneyed people (the ones with brains) were overcome by the workers unions (who probaly were justified in wanting 'more') but the result appears to be all trade unionism these days to the obvious detriment of the country.

    But I ask myself, with the so called government ripping the people off like they are, why not grab it while they can?

    Corkscrews all of them now. Such a shame.

    Feb 04th, 2012 - 02:28 pm - Link - Report abuse 0

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