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“I’m predictable, no shocks” says CFK after Tuesday’s mini run on the US dollar

Wednesday, May 16th 2012 - 06:51 UTC
Full article 91 comments

After a day of intense trading in the ‘blue’ (informal) market for US dollars which reached a new high of 5.50 Pesos, Argentine President Cristina Fernández assured on Tuesday evening that there will be no economic ‘shocks’ or a ‘system of multiple exchange rates’ as “has been rumoured during the whole day”. Read full article

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  • Beef

    I bet she can exchange her entire salary for US dollars if she wants. Just like Chavez all are equal but some are more equal than others.

    May 16th, 2012 - 07:09 am - Link - Report abuse 0
  • Self Determination

    @1
    The socialists have the biggest bank accounts,just like Tony Blair.

    May 16th, 2012 - 07:16 am - Link - Report abuse 0
  • Beef

    In socialist countries there is greater inequality and that is a fact. The poor have no way of improving thier lot as they are not able to adequatly moneterise their talents.

    May 16th, 2012 - 07:34 am - Link - Report abuse 0
  • JuanGabriel

    I would agree with her she is all to predictable. Sadly that is not the problem. Predictably disastrous is still disastrous

    May 16th, 2012 - 08:33 am - Link - Report abuse 0
  • Conqueror

    I'm amazed! She's finally said something we can all agree with. “Please do not believe anything.” And there you have it. Straight from the horse's mouth, as we British would say. Never a truer word.

    Let's note this article and CFK's words, people. It will be important to remind certain argie bloggers that she told us all not to believe anything. Did we have any doubt? Were we ever inclined to believe anything she said? But confirmation is nice!

    May 16th, 2012 - 08:58 am - Link - Report abuse 0
  • Beef

    Can an Argie tell me why CFK only feels able to speak in front of supporters and her version of the Hitler youth. Why can't she stand up to independent journalistic scrutiny?

    May 16th, 2012 - 09:43 am - Link - Report abuse 0
  • Retroqqq

    You make fun of her, but she said something so important its the essence and heart of everything economic.

    “consumption and production” the magic word is production.

    May 16th, 2012 - 09:52 am - Link - Report abuse 0
  • Ozgood

    Here in South Africa we are also having a run on our currency, the Rand.

    Argentina is considered as an emerging market and risk appetite is decreasing in the developed countries

    Of course the policies pursued by CFK and her cabinet do not inspire confidence in foreign investors.

    May 16th, 2012 - 10:02 am - Link - Report abuse 0
  • Beef

    Retro - Production? One has to sell something produced and Argentina is shafting itself in export markets and domestic demand cannot guarantee effective consumption.

    May 16th, 2012 - 10:06 am - Link - Report abuse 0
  • Tabutos

    do you think she looks tired?

    May 16th, 2012 - 10:37 am - Link - Report abuse 0
  • Kelper66

    Argentina need not worry for too long about their economy When the oil starts coming ashore the The Falkands and Chile will be able to buy them out and solve everyone problems with Argentina !

    May 16th, 2012 - 10:44 am - Link - Report abuse 0
  • GreekYoghurt

    I think in the photo she's just recovering from a mild panic attack. A treatment of anti-depressants would probably sort that out.

    She should probably have a cup of tea with Tracksuit-boy Killicofberg and chillax.

    May 16th, 2012 - 10:45 am - Link - Report abuse 0
  • yankeeboy

    There may be a few fits and starts but this is the beginning of a big devaluation.
    CFK will try to have AFIP tighten controls even more but it won't work in the end.
    They will have to devalue the peso to above the leak rate of 6/1 to get this under control. I'm thinking 10/1 soon and then 14-16/1 after the panic sets in.
    Watch all the Rgs savings evaporate in a day or so...

    May 16th, 2012 - 10:53 am - Link - Report abuse 0
  • The Chilean perspective

    Good luck Argentinians you are heading back to the future. On the other hand this may be an opportunity. Once the collapse of your state capitalism takes place and wipes out everyone, there will be a window of opportunity to copy our sustainable economic model. Peru did and look at them, they are flying along. Once again good luck and don't let the door hit you as you leave the ranks of the emerging economies for your new spot in the third world.

    May 16th, 2012 - 11:27 am - Link - Report abuse 0
  • Self Determination

    Tick,Tock.
    Time is running out for Argentina .Devaluation is coming.

    May 16th, 2012 - 11:43 am - Link - Report abuse 0
  • Viva Las Falklands

    “Apparently there are people who are determined to speak badly of Argentina”. No shit!!!

    She does certainly look rather white. Perhaps she needs to top up the fake tan and perhaps put on some more colourful clothes.

    May 16th, 2012 - 11:49 am - Link - Report abuse 0
  • Idlehands

    She can't put on more colourful clothes. She'd lose the propaganda value of being the distraught grieving widow.

    May 16th, 2012 - 11:53 am - Link - Report abuse 0
  • willi1

    the sloth bear said:
    ”This President is absolutely responsible and predictable. Forget about all those rumours: there will be no concerns and no shock whatsoever,” she insisted, despite the tightening controls on dollar exchange.:

    ...and all args believed her.

    May 16th, 2012 - 11:56 am - Link - Report abuse 0
  • British_Kirchnerist

    Very well said my Queen =) Especially liked the brilliant analysis of the folly of austerity and the perpetual crisis its causing. As for the insults about her looks, well yes it is tiring to run a country especially when you're doing it right like Cristina, the amazing thing is how often she looks fresh and vibrant. The picure above is I think an old one anyway, I'm sure mercopress has used it before, but despite probably being tired or stressed in it her beauty still shines through =)

    May 16th, 2012 - 12:11 pm - Link - Report abuse 0
  • ChrisR

    “Axel Kiciloff, considered the new brains behind the current Argentine economic model”

    Now we know why they are going to be well and truly fcuked!

    This is the pratt that did the 'model' for Aerolinias Argentina and got booted out when the shit hit the fan.

    'Failed homo businessman' is one of his other attributes.

    I thought things could not get 'better' (meaning worse) but I was wrong!

    The Mad Bitch is such a charlaten it just beggars belief anyone (apart from the mad Scott) takes any notice of her anymore.

    May 16th, 2012 - 12:14 pm - Link - Report abuse 0
  • willi1

    the sloth bear also said: ”I urge my colleagues of other parts of the world to make consumption and production the keys of all global policies to fight against this crisis, which began in 2008 and does not seem to have an end”.:

    she means: 21 % salaries increasement and 24 % inflation. that is the perfect mixture for communists. the soviet comunists fight already 50 years against their selve made poverty.

    May 16th, 2012 - 12:27 pm - Link - Report abuse 0
  • GreekYoghurt

    @20 'how furked can his model make YPF?' is the real question.

    May 16th, 2012 - 12:27 pm - Link - Report abuse 0
  • yankeeboy

    Remember I have said many times, whenever the gov't is forced to come out and admit something is bad, whatever they are saying it is actually the complete opposite.
    Watch for a huge devaluation...soon.
    Also ARG can't find LNG at any price...great payback from Repsol!
    Brr

    May 16th, 2012 - 12:43 pm - Link - Report abuse 0
  • GreekYoghurt

    @23 What she fundamentally doesn't seem to understand about austerity is it's about not paying for massive government departments that do furk-all all day but shuffle paper and play minesweeper, and not paying for massive sh!t programmes that get 90% through and 400% over budget before before ending in massive unmitigated FAIL. Then people pay less unecessary tax and can afford to go out and spend more in the shops on nice bras.

    Nouveau-labour or any government spending on ridiculously massive IT programmes doesn't get the economy moving, it just makes IT companies increase their day-rates, and offshore the extra money to the Caymans. Better not to do the programme in the first place and fill the whole in your pension pot.

    It's that furking simple, folks.

    May 16th, 2012 - 12:52 pm - Link - Report abuse 0
  • ElaineB

    @24 Don't forget all the people on the payroll that don't even have to turn up for a few hours to play minesweeper. They turn up only on pay day to collect just so the employment figures look better.

    May 16th, 2012 - 01:01 pm - Link - Report abuse 0
  • Idlehands

    It's true that austerity is compounding the problem for Greece but the problem is that they spent the money and allowing them to continue living the high life would reward their irresponsible spending encouraging a future repeat. There are no right answers to this shambles other than everyone's belief that somebody else should pay for it.

    May 16th, 2012 - 01:13 pm - Link - Report abuse 0
  • Chicureo

    #19 For the readers that have difficulty understanding British_Kirchnerist's rantings, I translated his text into something understandable:

    “Very well said by the wicked witch east of the Andes. Especially her twisted analysis of the folly of austerity and the perpetual crisis its causing. As for the insults about her looks, well yes she looks like an old hag with her face falling, but its tiring to run down a country, especially when you're destroying it into complete ruin like Germany in 1945. The picture above is I think an old one anyway, before her botox congealed and caused her face to start rotting. But despite probably being tired or stressed in it her evil cunning still causes her flying monkeys like me to adore her...”

    May 16th, 2012 - 01:13 pm - Link - Report abuse 0
  • Boovis

    @10: Dr Who quote? :)

    May 16th, 2012 - 01:22 pm - Link - Report abuse 0
  • Simon68

    27 Chicureo (#)
    May 16th, 2012 - 01:13 pm

    I have just picked myself up off the floor after LMFAO. Thanks Chic, that is the best translation for the past few days.

    As for the article: What a load of codswallop. She didn't speak the truth once except to mention Kicilloff's 4 or 5 exchange rates, which he DID talk about. The rest is BS. We are on our way down the tubes, the parallel dollar is at 6/1 so the next stop is hyperinflation.

    All I can say is thanks for the laugh, Chic, it is probably the last for a good while.

    May 16th, 2012 - 01:35 pm - Link - Report abuse 0
  • Tobers

    British_Kirchnerist what do you add to this forum other than sycophantic nonsense?

    I asked you a simple question yesterday along these lines.

    Q. How does CFKs vast and ever increasing wealth and aspirations for wealth sit with her supposed socialist ideals when the President of Uruguay for example demonstrates that it is possible to be head of state and live humbly?

    Don't tell me its because Uruguay is a much smaller country.

    May 16th, 2012 - 01:47 pm - Link - Report abuse 0
  • Idlehands

    British Kirchnerist is a comedy parody of someone - I just haven't worked out who yet.

    May 16th, 2012 - 01:53 pm - Link - Report abuse 0
  • GreekYoghurt

    @25 Don't forget those incredibly brittle uncivil-servants who laugh in the pub about playing minesweeper all day and yet getting a great final-salary pension at the end, and yet should one happen to reprimand them for doing sweet-FA they say you're picking on them and get signed off on stress leave for 16 weeks, returning to a ring-fenced position where you cannot sack them because you know they suffer from stress.

    The uncivil service is just a furking joke. Imagine all those dentists and doctors that play 16x16 minesweeper for hours on end whilst charging top-dollar for seeing imaginary patients. Imagine all those Department of Defence supply-chain ungurus who make sourcing a 10p biro cost £10'000 per item.

    I vote for austerity, small & fundamentally efficient civil service, then I'll can pay less tax and spend more on bras.

    KFC clearly thinks otherwise.

    May 16th, 2012 - 01:53 pm - Link - Report abuse 0
  • yankeeboy

    31. didn't BK show up about the same time Ogara disappeared?

    I am beginning to think there are 2 or maybe 3 posters from Arg that change their names and support each others arguments. It is hard to believe everyone from that country is that stupid.

    May 16th, 2012 - 01:57 pm - Link - Report abuse 0
  • Chicureo

    #29 Simon
    Glad to make you smile. Sad part about this is that 6/1 is not only in the cards, but 8/1 as well. I will be skiing in Argentina this winter and assume I'll be having a great time due to CFK's weakened Peso, so I guess I should applaud her...

    May 16th, 2012 - 02:07 pm - Link - Report abuse 0
  • Simon68

    34 Chicureo (#)
    May 16th, 2012 - 02:07 pm

    Make hay while the sun shines, so to speak. At least someone should get the benefit of Kretina's madness. It's only right that our SA brothers get a good deal on their Winter holidays. The only trouble is that as problems usually come in threes, there will probably be no snow in the cordillera this winter. My elder son is a ski instructor and a fishing guide, and says that when the Summer is good for guiding the following Winter will be bad for skiing. He had a good Summer.

    May 16th, 2012 - 02:17 pm - Link - Report abuse 0
  • wesley mouch

    Dear Argentina
    Enjoy the ride to poverty (again). You voted for it.
    Meanwhile CFK, fat boy Maximo and Peronist cronies get richer and richer. There will be a sifgnificant devaluation coming up and you will be wiped out. Then CFK and her cronies who have dollars satsshed outside the country can buy everything for cheap. Don't cry Argentina, you voted for Socialism.

    May 16th, 2012 - 02:19 pm - Link - Report abuse 0
  • Idlehands

    Talking about snow - I got home last night and found it melting on my window sill. We rarely get snow in London in January - what it was doing falling in mid May is a total mystery. Must be global warming!

    May 16th, 2012 - 02:28 pm - Link - Report abuse 0
  • Conqueror

    @32 I don't believe in in-fighting. However, since you clearly have NO idea of what you're talking about, I'll restrict my response, not a reply, to pointing out that you clearly have NO idea of what you're talking about.

    May 16th, 2012 - 02:41 pm - Link - Report abuse 0
  • Tobers

    When theses politicians do eventually fail they'll blame everyone under the sun except themselves. Even though they had immense political control and a massive resource rich country to play with - IT WONT BE THEIR FAULT!

    Peronism has had 60 years of immense political influence. It hasnt worked upto now with all the resources Argentina has so why will it ever work?! If Germany and Japan could restructure and rebuild their societies to become the richest most egalitarian countries in their regions within 20-30 years of the end of the war - and with far less resources and a lower starting point - why hasn't Argentina since Galtieri dictatorship ended?!

    This is the question the world asks.

    Severe lack of humility, responsibility and aptitude. All thanks to rampaging nationalism.

    Nationalism doesn't allow room for humility and so they won't learn from there mistakes and ways to improve from others. Same old same old.

    Its a shame.

    May 16th, 2012 - 02:44 pm - Link - Report abuse 0
  • GreekYoghurt

    @38 What you're doing there is making assumptions about my knowledge from a short expressive statement about something common to most civil services, especially in the UK.

    I can also discuss how a large civil service has destroyed entrepreneurialism in places like Wales, effectively emasculating their economy. However, this isn't the time.

    I'll get on with responding to the topic.

    May 16th, 2012 - 02:49 pm - Link - Report abuse 0
  • Tobers

    British_Kirchnerist apparently has no answer to my question @30

    May 16th, 2012 - 03:04 pm - Link - Report abuse 0
  • yankeeboy

    Well even with more AFIP controls today the parallel market is still at $5.65. BCRA can't maintain this spread for very long they don't have enough reserves.
    This will get away from them shortly and when it does>>>WATCH OUT BELOW!!

    May 16th, 2012 - 03:38 pm - Link - Report abuse 0
  • Ozgood

    #30 Tobers

    What you have written makes sense and it is true of many populist/dictatorship governments.

    If you can get hold of it I would suggest that you read Vargas Llosa's SI LLORO POR TI ARGENTINA. I do not know if you need an English translation or not. What he basically says is that the Argentines always choose the worst governments. Someone else said in the Economist that the problem was/is due to weak state institutions,

    But what can you expect from this woman who is cozying up to Chavez,
    a man (caudillo). I wonder if it really is he who we see on TV since he has terminal cancer. Perhaps he has been cloned and perhaps I am reading too many conspiracy stories.

    May 16th, 2012 - 03:46 pm - Link - Report abuse 0
  • ChrisR

    31 Idlehands

    The manager of Fawlty Towers comes to mind.

    33 yankeeboy

    The only thing though is that BK does have a better command of english than Ogaga: just as stupid though I have to admit.

    May 16th, 2012 - 03:53 pm - Link - Report abuse 0
  • Captain Poppy

    Argentina is a beautiful country spoiled by the wretches of Peronism. You guys in Argentina need to do what we did in 1776, take your country back and start over. As long as your countrymen allow the likes or her and her croonies destroy your resources as she criminally gets richer, I feel no sorrow for the isolation and misery that is in your near future. As the citizens livings un Hugo Chevez how well his country is doing. CFK is a criminal, a liar with statistics, and a scant image of a person of leadership quality. Oh yes.....and ask the Soviet Union how their experiment into socialism went, even China for that matter.......big global capitalist these days. The people of Argentina are on the largest Titanic ever floated, but you still have time.

    May 16th, 2012 - 04:33 pm - Link - Report abuse 0
  • LEPRecon

    “Apparently there are people who are determined to speak badly of Argentina. ” says CFK.

    Well that's because you owe them money, put in place illegal trade restrictions (and then complain when they retaliate in a similar fashion), steal companies, covet other people's property, homes and natural resources (the Falklands), ignore international law and Argentina's obligations under that law, and constantly lie and complain other world stage.

    Hope that clarify's matters for you CFK.

    May 16th, 2012 - 05:04 pm - Link - Report abuse 0
  • tobias

    Sorry, LEPRcon

    Argentina has a new QUEEN!

    All bow to Beatriz Rojkésk de Alperovich, the President of the Expansionist Republic of Argentina!

    May 16th, 2012 - 05:19 pm - Link - Report abuse 0
  • Think

    TWIMC

    After Brazi's 20% technical devaluations in the past 12 months and the current international run for the Dollar, escaping from the Euro, it is my assessment that Argentina will devaluate its Peso by about 10 - 12% before July 2012.
    A second 10 - 12% devaluation will follow some three months later.....

    Nothing dramatic......

    Just some necessary adjustments to rekindle our international competitively.

    Turnips, take note…….
    That’s your big chance to mock me in October….

    Chuckle chuckle©

    May 16th, 2012 - 05:35 pm - Link - Report abuse 0
  • Stendec

    Q: How does an Argentinian commit suicide?

    A: He climbs to the top of his ego and jumps off.

    May 16th, 2012 - 05:45 pm - Link - Report abuse 0
  • tobias

    You do know that when your nationality has jokes after it, it is a sign of relevance.

    Only a handful of countries have jokes specifically for them... and it is not the Haitians, Moldovans, Jordanians, or Fijians that have them.

    May 16th, 2012 - 05:53 pm - Link - Report abuse 0
  • JPhillips

    @48 October? Inflation will hit 100% by August. Devaluation won't be the word - “cliff” springs to mind (and I don't mean Sir).
    I'd start collecting that cardboard now if I were you.

    May 16th, 2012 - 06:24 pm - Link - Report abuse 0
  • Think

    (51) JPhillips

    The first Turnip has turned in his prediction......
    We will see in August.....won't we?
    Any other Economy Wizz Kids willing to risk a prediction?

    May 16th, 2012 - 06:34 pm - Link - Report abuse 0
  • yankeeboy

    48> That doesn't even get you to the current leak rate. To stop the run the gov't exchange rate will have to be above $6, probably way above, then the public panic will set in.

    Funny I think I predicted $6 by Winter a long while ago...do I get a prize?

    May 16th, 2012 - 06:34 pm - Link - Report abuse 0
  • Lord Loverocket

    @50 Relevant, but only in the sense that other people have noticed the many flaws in Argie national character and like to laugh at you.

    Btw - How many Moldovans does it take to change a light bulb? At least two. One to try and change the light bulb. Another to shoot the first one when he tries. Then the second person will either change the lightbulb himself or kill anyone who tries to change it.

    May 16th, 2012 - 06:39 pm - Link - Report abuse 0
  • Think

    (53) Fredbdc

    Yet another Turnip enters the competition....
    He has previously predicted $6 by Winter........and $10 by Winter........ and $16 by Winter..........and $30 by Winter.............. etc..... (See 13)

    May 16th, 2012 - 06:40 pm - Link - Report abuse 0
  • JB

    Ok, let's leave Malvinas conflict aside....“I’m predictable, no shocks”..jajajajajajajajajjajaa....wait....jajajajajajajajaja

    i can't stop laughing!!! I can't believe i will have to endure my President four more years!! ahhhhhh

    What really bugs me is that this crisis was created out of the blue... i hate her corruption, but i hate much more her mismanagment of goverment and economic agenda! what an idiXXoXXt!!!

    May 16th, 2012 - 06:47 pm - Link - Report abuse 0
  • yankeeboy

    Here is another prediction, Arg shuts down high use mfgs for weeks at a time due to cold weather this winter. Unemployment and no exports should go over really well with the devaluation.

    brr

    May 16th, 2012 - 06:49 pm - Link - Report abuse 0
  • briton

    Turnips, take note…….
    That’s your big chance to mock me in October

    Why mock one in October,
    When you can burn one in November,
    And replace it in December.

    Mocking birds, tickle tickle .
    .

    May 16th, 2012 - 06:56 pm - Link - Report abuse 0
  • ArmitageShanks

    As predictable as any corrupt politician. A sad, sad woman who is driving this beautiful country into the ground.

    “They” say that Argentina's collapse cycles every 10 years, more or less. What they don't tell you is that the politicians cause it.

    And preparations are on the way. The amount of 2 peso coins suddenly available are preparing the country for when the currency collapses. Soon, the peso will be worth so little, that 1, 2 and perhaps 5 pesos will buy your nothing. Notes of 2 pesos are already in taters, and soon the small change will be 2 peso coins, not 50 centavos.

    Shame on CFK and her government. Shame!

    May 16th, 2012 - 07:07 pm - Link - Report abuse 0
  • yankeeboy

    59> Did they release a $500 peso note yet? It must be awful to carry around all the $100s just to pay for a decent lunch!!

    May 16th, 2012 - 07:13 pm - Link - Report abuse 0
  • tobias

    @60

    Why? most places don't like accepting 100s.

    Heck it is common knowledge in the USA they don't accept 50 or 100 in most every day places.

    And besides, the USA should have a 400 dollar bill by now, since 100 dollars form 1980 are 384 dollars today.

    May 16th, 2012 - 07:16 pm - Link - Report abuse 0
  • yankeeboy

    61. You are such a fool..what is the 1980 peso worth 10000000000000000/1?
    idiot.
    Actually I blew through a $1000+ pesos for lunch for 4 last time I was there and the beef sucked. Ever since ARG started using feed lots the beef has been horrendous. At least here in the decent steak restaurants they only serve grass fed so it's worth the $. There you don't have any idea what it is until you chew on it.

    May 16th, 2012 - 07:23 pm - Link - Report abuse 0
  • PirateRock

    Ok...serious question. Does anyone in this forum have experience and/or knowledge of the money markets to give a good prediction for the peso's value in say september?

    May 16th, 2012 - 07:31 pm - Link - Report abuse 0
  • tobias

    @62

    I don't respond to made up stories.

    May 16th, 2012 - 07:45 pm - Link - Report abuse 0
  • Max

    & 45

    I think you are expert on “” opium wars “” !

    May 16th, 2012 - 07:48 pm - Link - Report abuse 0
  • toooldtodieyoung

    55 Think

    Oh there you are!! Isolde was looking for you!! Apprently you still owe her an answer to some question..... Still, like she said, when the heat is on, El Thinko is as hard to pin down as oiled smoke.

    Anyway, I was only going to say this Think, we can all afford to laugh, I am ruled over by a nutter, I mean the Libcon's are a comedy act. They make as much sense as The Sun ( and don't go making your usual mistake of saying that we believe anything that is printed in the The Sun ) They are a joke, and worse still, they are a comedy act that now performes on the world stage on behalf of the U.K.

    The difference, we can get rid of them and when they are voted out of office, they have to go. You on the other hand have some deranged,b*tch queen from hell in charge and worst still you have her son setting up a neo Nazi youth movement so by the time the next set of elections come round you can bet that “Le Camping” will be there at each polling station, helping everyone to “vote” for the right person.....

    So go ahead Think, laugh away, we will see if you are still laughing in January

    May 16th, 2012 - 07:50 pm - Link - Report abuse 0
  • yankeeboy

    Which part do you think is made up? The feed lots? The lunch price?
    Well since you think I lie and I don't post links here you go...

    The director of the Institute for the Promotion of Argentine Beef (IPVCA), Dardo Chiesa, in a 2009 interview declared that 75% of beef intended for domestic consumption came from feedlots.

    Theoretically it is possible to buy grass-finished beef in Argentina; the problem is telling the difference between grass-fed and grain-fed. Beef intended for local consumption is not labelled, marked, tagged, or graded in any way

    http://www.argentinaindependent.com/socialissues/environment/the-hidden-costs-of-feedlots-/

    and a menu..
    http://www.argentinaindependent.com/socialissues/environment/the-hidden-costs-of-feedlots-/

    So which part is made up again?? I don't lie why would I? I just observe and report.

    May 16th, 2012 - 07:54 pm - Link - Report abuse 0
  • tobias

    90% of beef is grass-fed.

    And no, you are not an UNBIASED source on Argentina. The fact you try to claim that is why I don't respect you, and many others here.

    At least if you dissed everything Argentina but admitted you can't really be a fair judge or source of information of the country, I would respect you.

    The most disreputable people are those with an utterly clear bias and agenda, which they don't hide, but then in the same instant will tell you to be fair on the matter they have a bias to/against, and call other people “unreasonable” if they don't agree with them.

    So, do you know that a night out in Miami costs $4,000?

    May 16th, 2012 - 08:06 pm - Link - Report abuse 0
  • yankeeboy

    68> Beef served domestically is feed lot not grass fed. Do you want more links? Isn't 1 enough? Here is another http://www.portlandfoodanddrink.com/while-im-on-the-subject-of-argentinian-food/

    See it's not just me food critics from the USA think its gross too.

    I don't go to Miami very often but I have never spent U$4K in a night unless you are a hip hop star buying drugs and hookers I don't see how it would be possible. The restaurants, hotel and clubs are the same or cheaper in Miami thank in BA just check out the travel web sites and see for yourself.

    May 16th, 2012 - 08:23 pm - Link - Report abuse 0
  • JuanGabriel

    I see Diego Maradona is a microcosm of Argentina as a whole. He owes €40m to the Italian tax office, offers them €3.5m to settle, when they quite reasonably refuse, he sues them for 'mortification and harm suffered to his image, dignity and quality of life’.

    May 16th, 2012 - 08:24 pm - Link - Report abuse 0
  • briton

    perhaps he thinks the hand of god, will save him, again lol.

    May 16th, 2012 - 08:29 pm - Link - Report abuse 0
  • Max

    Maradona Church.........

    was established by Marcela Amez, has 120.000 worldwide members now..their “ holy day” is June 22 which dated World Cup goal to England
    1986 (not UK national team !!!!!) by hand of god.........

    May 16th, 2012 - 08:37 pm - Link - Report abuse 0
  • JPhillips

    @52 Think - tell you what, if the annual equivalent inflation rate* hasn't hit 100% by 1 September, I'll apologise and genuinely donate £10 to the charity of your choice. If I 'win' I won't ask you to reciprocate the donation, for obvious reasons. But I will reserve the right to ask you to write “I was wrong, our economy is collapsing”. Deal?

    * Not the official INDEC rate, no-one (not even the govt) takes that seriously, but a legit well-researched measure.

    May 16th, 2012 - 08:39 pm - Link - Report abuse 0
  • t0bias

    @yankeeboy
    I apologise for saying your story was made up. It was not my intent to be slanderous.
    Sorry.

    May 16th, 2012 - 10:21 pm - Link - Report abuse 0
  • GreekYoghurt

    @70 you're not wrong. It does seem to be there strategy on the whole.

    May 16th, 2012 - 11:55 pm - Link - Report abuse 0
  • t0bias

    @75
    Yes it is. Maradona is a moron.

    May 17th, 2012 - 12:07 am - Link - Report abuse 0
  • GreekYoghurt

    @76 so you're agreeing that this is the typical Argentine life strategy just to go around ignoring rules and legalities on a whim?

    Wow.

    [p.s. in my last post I was trying to type their so forgive the grammatical error]

    May 17th, 2012 - 12:15 am - Link - Report abuse 0
  • t0bias

    Grammatical error forgiven.
    Yes Maradona is disgrace to the nation and I would like to see him banished to a far off island where we wouldn’t have to hear his lunatic ramblings anymore. He singlehandedly wrecked our last world cup and for that he is a traitor and should be treated as such.

    May 17th, 2012 - 12:24 am - Link - Report abuse 0
  • Truth_Telling_Troll

    Someone is talking to himself... what a loser!!! hahahahaha.

    May 17th, 2012 - 12:44 am - Link - Report abuse 0
  • Truth_Telling_Tr0ll

    Its the voices, I can't make them go away! ahahahahaha
    Oh, it's me talking to myself.

    May 17th, 2012 - 12:52 am - Link - Report abuse 0
  • Truth_Telling_Troll

    Greekyoghurt, NHS cutting budget didn't ship you the meds?? Now you really totally lost it and I doubt I'm that influential to have caused you to go unhinged. It must be the austerity.

    May 17th, 2012 - 12:56 am - Link - Report abuse 0
  • Truth_Telling_Trοll

    Now I am confused. I have been smoking some weed but I thought I was alright.
    I need some fresh air and a snack.

    May 17th, 2012 - 01:03 am - Link - Report abuse 0
  • Think

    (73) JPhillips

    You say:
    ”52 Think - tell you what, if the annual equivalent inflation rate (Not the official INDEC rate, but a legit well-researched measure) hasn't hit 100% by 1 September, I'll apologise and genuinely donate £10 to the charity of your choice. If I 'win' I won't ask you to reciprocate the donation, for obvious reasons. But I will reserve the right to ask you to write “I was wrong, our economy is collapsing”. Deal?”

    I say:
    It's a deal.....
    The Red Cross will do fine...
    I expect you to keep your word and revert in September....

    May 17th, 2012 - 04:46 am - Link - Report abuse 0
  • Stendec

    78 Tobias

    He “singlehandedly” wrecked our World Cup in '86 as well if you recall! Although his second goal was, unfortunately, sublime..

    May 17th, 2012 - 05:46 am - Link - Report abuse 0
  • JPhillips

    @83 Think - OK. Red Cross it would be (good choice).
    To be honest, I hope I'm proven wrong by a very wide margin. We're talking about economic collapse here, so it's certainly not something I'd gloat over.

    May 17th, 2012 - 09:56 am - Link - Report abuse 0
  • Condorito

    @Think
    I think you are about right that the peso will have devalued 20% by October. But is unlikely to improve competiveness.
    The weak peso will make imported fuel more expensive, pushing inflation even higher. Arg exports will be hampered by the retaliatory measures an increasing number of countries will take against Argentina.
    You say it is not dramatic, but it is not good either. Right now all commodity driven economies, that have been sensibly managed, are booming. Argentina is not. It is one thing to be a patriot, but I don’t understand the denial.

    May 17th, 2012 - 01:30 pm - Link - Report abuse 0
  • Simon68

    86 Condorito (#)
    May 17th, 2012 - 01:30 pm

    Careful with the use of “patriot” when responding to my countrymen, there is a very real confusion in Argentina over the meaning of patriotism and nationalism, the tendency is to call oneself a patriot when really showing only nationalism.
    Nationalists see their country as always right, whatever the circumstances whereas patriots can see that their country can, and sometimes does, make mistakes, and so can admit it when they're wrong.
    We Argentines find it very hard to admit we are ever wrong!!

    May 17th, 2012 - 02:05 pm - Link - Report abuse 0
  • Think

    (86) Condorito

    I will not waste any of our valuable time responding to doomsdays prophecies....

    Let me just say that, compared with 2001, Argentina’s momentaneous financial dire straits are a piece of cake.

    About being Nationalistic or Patriotic....

    I'm neither.

    But I do like my People, my Country and my Continent...

    And I want the best for all of them……., not just for “My Specific Class” if you get what I mean....

    May 17th, 2012 - 04:14 pm - Link - Report abuse 0
  • Condorito

    @88
    I hope you are right.
    I like your people, your country and our continent...but not your govt.

    May 17th, 2012 - 04:26 pm - Link - Report abuse 0
  • briton

    how did 80 81 and 82
    get 3 imputs before someone replied .

    May 17th, 2012 - 08:49 pm - Link - Report abuse 0
  • TipsyThink

    III 90 III
    proof that there are some posters from Mercopress crew.
    they are angry on some comments.

    May 18th, 2012 - 08:37 pm - Link - Report abuse 0

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