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August 3, an emblematic date for Argentina’s “dollar-clamp” policy

Sunday, May 27th 2012 - 03:47 UTC
Full article 23 comments

The current strict measures to counter the purchase of US dollars and by extension capital flight, implemented by Argentina apparently have a calendar date full of political significance: August 3 when the Boden 2012 fully matures. Read full article

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  • yankeeboy

    So do I have this right? CFK is restricting people from turning their savings into U$ so they can have enough U$ to pay back the ones that were stolen from other savers 10 yrs ago?

    Only in a banana republic, 3rd world sh*thole could this really be happening...

    May 27th, 2012 - 12:59 pm - Link - Report abuse 0
  • ChrisR

    Robbing Peter ( and Anne and everyone else) to pay Paul seems to sum this load of drivel up.

    May 27th, 2012 - 01:58 pm - Link - Report abuse 0
  • British_Kirchnerist

    Looks like a good sensible policy and a not too biased article - shame about the first couple of comments....

    May 27th, 2012 - 05:30 pm - Link - Report abuse 0
  • ChrisR

    @3

    That happen to be based on fact! LOL

    May 27th, 2012 - 06:29 pm - Link - Report abuse 0
  • Brit Bob

    Dollars are being withdrawn from Argentine banks at the rate of$100 million per day as savers grasp greenbacks. The curbs on access to dollars have made Argentinians nervous about the policy on the peso, one of the many government policies, including import curbs that have hurt confidence in the Argentine economy.

    May 27th, 2012 - 06:42 pm - Link - Report abuse 0
  • briton

    apparently
    CFK want a South America dollar,
    Based on the northern dollar,

    With hopes that south American countries contribute 150 billion dollars to start up a south American bank, based in argentina .

    Good idea,
    Yes / no

    May 27th, 2012 - 08:17 pm - Link - Report abuse 0
  • Ernie4001

    @ 6
    Where do we have to sign?

    May 28th, 2012 - 04:28 am - Link - Report abuse 0
  • Forgetit87

    What passes as a beautiful woman in Britain:

    http://www.dailymail.co.uk/femail/article-2124246/Samantha-Brick-downsides-looking-pretty-Why-women-hate-beautiful.html

    May 28th, 2012 - 07:01 am - Link - Report abuse 0
  • Idlehands

    The only one that thinks Samantha Brick is beautiful is Samantha Brick - and maybe her husband. She's been roundly ridiculed for months and doesn't seem to get it. What it has to do with this article I have no idea.

    May 28th, 2012 - 09:32 am - Link - Report abuse 0
  • briton

    7 Ernie4001
    @ 6
    where do we have to sign?

    [On the dotted line ]
    8 Forgetit87 (#)
    What passes as a beautiful woman in Britain?

    [beauty is in the eye of the beholder, ,,,not the beholden .[]

    .

    May 28th, 2012 - 12:53 pm - Link - Report abuse 0
  • tobias

    You know its funny how the anti-argies here blast Argentina for not owning up to its debts, and describe how Britain “starved itself” in the 1940s to pay back their war debts.

    Well, isn't this the same? Who is this hurting? Only argentines... the dollar restrictions. If there purpose is really to pay off debt and not renew it, while I don't agree with the means I justify the ends. If we took debt, we have to pay it anyway possible. The only people that should not see any money are those that refused to negotiate (about 5% of the ”hold-outs).

    Argentina is a dead-beat, it get insulted. Argentina pays a debt, even if it means sacrifice at home, it is insulted.

    This is definitive proof of the lack of integrity, objectivity, and frankly intelligence by the anti-argy crowd here. Dummer than ghost house dust.

    May 28th, 2012 - 02:57 pm - Link - Report abuse 0
  • ChrisR

    11 tobias

    You are getter more irrational by the post.

    Yes, it is only Argentinina who are suffering, but why are they suffering so, just to get USD?

    No, it is to get money to replace that stolen by The Mad Bitch of Argentina and her crooked cronies. They have not paid back any foreign debts while she has been in power.

    She is making a song and dance about paying back a bond that the previous administration prior to the KirchnerMafia issued. This pays back investor savings that were taken by the government I think 12 years ago.

    Well, I suppose something is better than nothing.

    But just wait and see St Cristina walk on water when they do it. :o)

    May 28th, 2012 - 03:31 pm - Link - Report abuse 0
  • British_Kirchnerist

    #11 “Argentina is a dead-beat, it get insulted. Argentina pays a debt, even if it means sacrifice at home, it is insulted”

    Exactly

    May 28th, 2012 - 03:31 pm - Link - Report abuse 0
  • tobias

    @12

    You have officially lost it. You are nothing but a liar with a capital L.

    May 28th, 2012 - 05:46 pm - Link - Report abuse 0
  • ChrisR

    14 tobias

    Unlike many here I do not lie. I gave up lying when I was a child, my memory for trivia is hopeless. I do say to my wife 'I like the dress', if she is really for it, but that is to boost her confidence and it is just between the two of us.

    Occasionally on here, I have been mistaken (twice in 12 months) but I have always admitted my error.

    So please tell me how am I lying in 12?

    May 28th, 2012 - 06:17 pm - Link - Report abuse 0
  • tobias

    Argentina payed off their billions in debts both to the IMF and the World Bank. Which is why today both have no say in the Argentine economy, they have no cards to hold.

    By definition, since you clearly stated Argentina under the Ks have not payed one cent in foreign debts, that was a lie.

    May 28th, 2012 - 06:20 pm - Link - Report abuse 0
  • ChrisR

    16 tobias

    ”On 15 December 2005, following Brazil's initiative, Kirchner announced the cancellation of Argentina's debt to the IMF in full and offered a single payment.

    That is considered how to pay back a loan in Argentina? Offer your lender, not the amount you loaned plus interest but a once and for all (take it or leave it approach) payment.

    I have wasted my time searching financial institutions for evidence of agreed rates of repayment. There is one fantastic site with all the references given but reserves copyright and only grants it to individuals and expressly withholds posting the publications without a licence.

    So, we will have to agree to disagree, but my supporters far outway yours and the disagreable reputation of Argentina for NOT paying back loans favours my view I think.

    May 28th, 2012 - 09:39 pm - Link - Report abuse 0
  • briton

    Tobias

    For a man that says he has no interest in the islanders,
    You seem to go along way to defend CFK over them.

    They are British,
    You are argentine,

    .

    May 28th, 2012 - 10:15 pm - Link - Report abuse 0
  • tobias

    @18

    I am not defending CFK or the Falklands. I am defending my country from your “friends” barrages, salvos, and fulminations.

    If you guys stopped, then perhaps I could get more objective in my criticism, but the Americans have a saying “disagreement stops at the water's edge”.

    I may disagree in a lot with CFK, and I may support the islanders in their self-determination, but when you all do nothing but attack us 24/7, that all goes by the wayside and those differences are set aside against ignorant, nasty foreigners like many of your compatriots and others.

    May 29th, 2012 - 05:57 am - Link - Report abuse 0
  • ChrisR

    19 tobias
    “but when you all do nothing but attack us 24/7”

    But we ONLY use words.

    Your country set war onto the Falklands (there are no Malvinas) and killed our people, islanders and military.

    GROW UP AND GET OVER IT, OR DON'T BOTHER.

    May 29th, 2012 - 11:27 am - Link - Report abuse 0
  • briton

    19 tobias
    to be fair, both do it, as it takes two, and this does not stop me from putting the view across,
    it does not bother me one way of another,

    a british saying
    sticks and stones .

    May 29th, 2012 - 06:21 pm - Link - Report abuse 0
  • FORgayTIT

    8 Forgetit87

    What a well thought out post from the resident ladyboy lover of Brazil.
    Tip.
    - Engage brain when posting.
    -learn to read the article before posting irrelevant childish nonsense
    your insight on this article is not wanted anyway as it will most likely be a load of drivel.

    Go back to looking for young boys to rent.

    Jun 01st, 2012 - 05:47 pm - Link - Report abuse 0
  • British_Kirchnerist

    “your insight on this article is not wanted anyway as it will most likely be a load of drivel”

    Unlike your scholarly contribution lol

    Jun 02nd, 2012 - 10:03 am - Link - Report abuse 0

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