MercoPress. South Atlantic News Agency
Dollar deposits and loans erosion in Argentina as restrictions become stricter
The strict and tightening US dollar purchase restrictions imposed in Argentina were clearly exposed in the banking system dollar deposits and loans during the last week of July when they dropped 3%, having accumulated 43% in the last few weeks, according to official data from the central bank. Read full article
Comments
Disclaimer & comment rules“ remnants from the 2012 default”
Aug 06th, 2012 - 10:21 pm - Link - Report abuse 0Prophetic?
^^ LOL! I wondered the same thing!
Aug 06th, 2012 - 10:47 pm - Link - Report abuse 0These people are only copying ther 'President'.
Aug 07th, 2012 - 12:41 pm - Link - Report abuse 0Why should they loose their money and financial security when she robs them blind and keeps it in dollars?
What a pack of muppets running that poor country. And to think all those well-heeled Euro-Argies can avoid using a blue passport and do what they want, not get searched at airports etc.
Aug 07th, 2012 - 01:04 pm - Link - Report abuse 01 Condorito (#)
Aug 07th, 2012 - 03:49 pm - Link - Report abuse 0I don't think there is much choice, she ain't got the money to pay her debts, so...
2012 default!!!!
@5
Aug 07th, 2012 - 06:32 pm - Link - Report abuse 0Just a slight correction if I may: they are YOUR debts! :o(
Something soft, squelchy and unpleasant smelling is just hitting the fan!
Aug 07th, 2012 - 09:16 pm - Link - Report abuse 06 ChrisR (#)
Aug 08th, 2012 - 02:54 pm - Link - Report abuse 0You are absolutely right Chris, sorry, OUR debts!!!!
Well if times are tough, its good that its rich people who are having to take part of the burden for once with measures like these, rather than endless austerity being forced on the poor as in Europe
Aug 08th, 2012 - 10:20 pm - Link - Report abuse 0@9
Aug 09th, 2012 - 01:31 am - Link - Report abuse 0Europe has no poor (yet) - get out a bit more and you might realise that. It might also help you understand developing world issues better.
#10 I get what you're saying, but that “yet” is ominous...Europe, or at least Greece, is in danger of pushing its most vulnerable people back to developing world levels of poverty that we'd supposed to have moved beyond, thanks to Merkel and co's austerity
Aug 09th, 2012 - 04:30 am - Link - Report abuse 0@11 Blind_Scottie_Kirchnerist
Aug 09th, 2012 - 01:29 pm - Link - Report abuse 0No, the Greeks lied their way into the EU and grabbed the Euro zone opportunity with both hands.
They are like the Peronista Argentinos: take the money, NEVER pay it back.
11 BK
Aug 09th, 2012 - 03:31 pm - Link - Report abuse 0If Greece and Spain are moving towards developing world levels I have little sympathy for them.
Their problems are of their own making, not Merkels.
How can Greece expect anything other than austerity??
They are completely bankrupt and rely on regular handout from the IMF to keep the boat afloat and you don’t think they should be cutting back. It is just astonishing to me.
What you are seeing in Europe is not austerity, it is a return to reason.
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