MercoPress. South Atlantic News Agency
Argentine foreign currency credit cards included in the strict dollar “clamp”
Credit card companies operating in Argentina have also fallen under the net work of the tax office AFIP, and now must request authorization and approval to purchase US dollars to balance their clients’ accounts. Read full article
Comments
Disclaimer & comment rulesYet more proof that CFK and her government are getting desperate.
Aug 07th, 2012 - 05:51 pm - Link - Report abuse 0I wonder how long they can hold on?
Chalk it up. At what point are the people going to realise that if you need all these totalitarian measures to coerce people to do business in your currency then there *might* just be something horribly wrong with your economy.
Aug 07th, 2012 - 07:16 pm - Link - Report abuse 0They are sniffing greenbacks in such desperation where can they possible search next? No one looks for money like this unless they see that the collapse is sooner than expected.
Aug 07th, 2012 - 07:19 pm - Link - Report abuse 0Desperate measures
For desperate leaders
In a desperate country.
Some model.
whats that noise........... it argentinas economy being throttled.
Aug 07th, 2012 - 08:53 pm - Link - Report abuse 0and its SWEET!!!!
Fuck that
Aug 07th, 2012 - 10:22 pm - Link - Report abuse 0I can still use/buy/sell dollars and i will continue to do so regardless. The K's, Moreno and all these bunch of thugs and idiots can go die for all i care.
http://usa.visa.com/personal/cards/prepaid/index.html
Aug 07th, 2012 - 10:44 pm - Link - Report abuse 0At one moment in the future, AFIP and some journalists, will check the financial history of CFK and her groupies. So there is hope for a better future.
Aug 08th, 2012 - 02:02 am - Link - Report abuse 0This wouldn't happen in a serious country
Aug 08th, 2012 - 08:49 am - Link - Report abuse 0Argentina is a serious country.....in deep serious economic crisis
Aug 08th, 2012 - 10:13 am - Link - Report abuse 0Of course, this doesn't apply to government ministers going abroad. If you are more equal than the rest of the citizens and going to Spain, you can take US$333 per day, for Japan its US$778 and for Chile US$289. It is interesting that the scale is very favourable for those countries very close where it is easy to open a bank account and deposit US$. A nice two week ministerial trip to Chile would net you US$4,046 in an account outside Argentina. Times that by 4 and, as a minister, you could take US$16,184 out of the country each year...great if devaluation happens. This is a nice little perk as if peso drops to the current “blue” rate this turns into US$23,466 over night. Interestingly I couldn't find the rate for ministers if you are visiting UK but I assume that the government suggest that you take a treasure trove filled with precious jewels, gold and some soil to meet the insatiable appetite of the colonialist pirates...
Aug 08th, 2012 - 01:05 pm - Link - Report abuse 0I was expecting this some time ago because all the Argies in hotels last summer in Uruguay HAD to pay by dollars off their credit cards BEFORE they could check in.
Aug 08th, 2012 - 01:49 pm - Link - Report abuse 0So, I expect a fall this year in the number of Argies on holiday as no-one in their right mind is going to accept ArgieCrap© Pesos, even on credit card.
#11 “all the Argies in hotels last summer in Uruguay HAD to pay by dollars off their credit cards BEFORE they could check in”
Aug 08th, 2012 - 10:25 pm - Link - Report abuse 0What a terrible restriction! Aren't you supposed to be against currency restrictions?
@12
Aug 09th, 2012 - 07:49 am - Link - Report abuse 0There are, but they are also against providing a service and then getting paid in a currency with which they can do nothing or not getting paid at all...
@12 Blind_Scottie_Kirchnerist
Aug 09th, 2012 - 01:19 pm - Link - Report abuse 0You really must pay greater attention. The problem is the people of the world (not just Uruguay) getting their money for services rendered to Argentineans.
Your queen, The Mad Bitch Of Argentina has:
1) Refused to honour the ArgieCrap© Pesos so that anyone presenting this toilet paper for redemption against the USD is refused. How does Uruguay obtain value for all the ArgieCrap© Pesos it would have taken without ensuring payments were made on a credit card in USD? TMBOA killed the working scheme of many years in early 2011, whereby ArgieCrap© Pesos were collected by the Uruguay Central bank and delivered to the Argentine Central Bank for swapping into USD which were then brought back to Uruguay.
2) TMBOA has now brought credit cards held by her own people into the 'clamp', aka pay your money to me scheme: she still has her money and that of Golden Bollocks Kickitoff in USD.
3) The 'government' (an oxymoron if ever there was one) of Argentina has gone through the applications for dollars by the people who want holidays out of the hell hole they presently live in, or travel on business AND GUESS WHAT? They have had the dollars (when granted by the 'government') AND NOT GONE AWAY!!! Who would have thought that? Anybody with half a brain I would imagine. And guess what these 'criminals' have done with THEIR money? They have used it to buy cars, etc. that won't devalue like the ArgieCrap© Pesos will!
Do you get it now? If you lived in Argentina you would understand the problems that you 'queen' is causing. But, hopefully, not for much longer: the rope is being made now for her turkeyneck.
You still have not denied you are a Glaswegian.
This is an act of desperation...Our gvt does not have funds and they are doing these things to prevent money from leaving the country!!
Aug 10th, 2012 - 08:11 pm - Link - Report abuse 0:(
Money will always leave the country they cannot stop it there on the way to total collapse according to the wall street journal the Argentinean government is spending US $ 250.000.000 million dollars a year in legal fees to defend them self from a us$ half a trillion dollars of unpaid defaults and various other liabilities.
Aug 12th, 2012 - 03:28 pm - Link - Report abuse 0Commenting for this story is now closed.
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