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Argentina blasts the credit-risk agencies and warns of global “anarchy-capitalism”

Friday, August 24th 2012 - 06:03 UTC
Full article 78 comments

Members from the Argentine government defended the “Kirchner inclusive development model” and blasted the credit-risk rating agencies while warning of the existence of a financial “anarchy-capitalism” which is suffocating the economies of the world. Read full article

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  • LEPRecon

    Translated: “We can't manipulate the credit risk agencies like we do INDEC, so we will throw our teddy's in the corner, 'cos they are mean to us. Just because Argentina defaulted on its debts and still owes billions of dollars to other countries, doesn't mean that we shouldn't have a AAA+ rating.

    I mean, because of the 'Dear Leaders' glorious economic model, Argentina has no money, and we desperately need to borrow even more vast quantities of money that we can default on our loans at a later date. But at least the 'Dear Leaders' glorious economic model can continue.

    We may even be able to invest in YPF and buy new equipment to drill for oil, unless of course the 'Dear Leaders' son requires more cream cakes and hotels.

    The international community is just so unfair to Argentina. Pirates, bullies.” WAH, WAH, WAH.

    Aug 24th, 2012 - 06:24 am - Link - Report abuse 0
  • British_Kirchnerist

    Great presentation =)

    Aug 24th, 2012 - 08:20 am - Link - Report abuse 0
  • Welsh Wizard

    “and despite the encouraging messages from the local ministers official and private data is beginning to show that the country is facing a deceleration of the economy and a drop in the volume of exports”

    What does this mean exactly? Ministers saying that everything is fine and that hard facts should be ignored...

    Aug 24th, 2012 - 08:51 am - Link - Report abuse 0
  • lsolde

    From the Argentine Ministry for Disinformation.
    “Everything is going swimmingly folks, the economy is booming”
    “Things will be even better when we steal, er l mean borrow more money”.
    Everything is fine................

    Aug 24th, 2012 - 09:19 am - Link - Report abuse 0
  • Clyde15

    #2
    Yes LEPRecon summed it up perfectly.

    Aug 24th, 2012 - 10:04 am - Link - Report abuse 0
  • Yuleno

    1# Well done for misreading the Article and telling what you think it said.
    Did you not read it all,or did you read and interpret it in one reading?

    Aug 24th, 2012 - 11:14 am - Link - Report abuse 0
  • Harry Stamper

    Defaults on 90 billion and wonders why nobody trusts you or are prepaired to lend you credit.
    Are thes people actually educated in basic sense?

    Aug 24th, 2012 - 11:21 am - Link - Report abuse 0
  • yankeeboy

    Why do all of Arg gov't officials look like used car salesmen?

    Aug 24th, 2012 - 12:03 pm - Link - Report abuse 0
  • Yuleno

    Do they yankeeboy?

    Aug 24th, 2012 - 12:07 pm - Link - Report abuse 0
  • Truth_Telling_Troll

    @1

    Once again, proving the utter hypocrisy and lack of decency of the “other side” here. How many times have I heard “stay on topic” when the issue is Argentina?

    Well, here the issue is the statement ”Argentina blasts the credit-risk agencies and warns of global “anarchy-capitalism”, and Lepicron and yankeeboy are not men enough to admit it is true, the world right now is being run by anarchy-capitalism.

    Which is why the USA now officially is no longer a middle-class majority nation, an why the UK, France, Spain, Italy and most of the rest of the EU are in their 10th recession in 5 years or so, and both sides of the Atlantic with ABSOLUTELY NO HOPE of things improving, thus a desperate population at this point.

    Yeah, your system is working out marvelously.

    Aug 24th, 2012 - 12:17 pm - Link - Report abuse 0
  • malicious bloke

    You can point fingers at other countries as much as you like, the fact remains Argentina's credit rating is in the gutter because they defaulted on their debts and even a decade later have failed to make meaningful steps to pay back their creditors.

    Argentines should love the idea of state-level anarcho capitalism. It allows you to effectively commit grand larceny then play the victim when the consequences come calling. Sounds like an RG wet dream...(or 2002 all over again lol)

    Aug 24th, 2012 - 12:27 pm - Link - Report abuse 0
  • Truth_Telling_Troll

    I still haven't gotten an answer is the enonomic model of banking-casino-gambling in the US and EU of the last 10 years working or NOT? Simple yes or no.

    Aug 24th, 2012 - 12:36 pm - Link - Report abuse 0
  • Guzz

    TTT
    If we had endless amount of planets at our disposal, the capitalist system, which builds upon endless growth, would work just fine. Even if it would leave a trail of dead planets behind...

    Aug 24th, 2012 - 01:00 pm - Link - Report abuse 0
  • Captain Poppy

    12 Troll, first off, you are taking a micro look as a segment of a particular economy and trying to question it from a macro point of view. You are talking a 125 billion dollar industry out of 15 trillion dollar GDP. You are comparing apples to oranges.
    Secondly, economies based on free market system do not create models at the government level.
    And, for all you SA economic neophetes; if one had to define the economy it would be called a mixed economy: primarily market based with regulatory controls.
    Tell your overseers at La Casa Rosada not to take a segment of an economy and try to make a discussion of it as being the basis of the GDP.
    Guzz you jealousy is so unflattering as a man.

    Aug 24th, 2012 - 01:31 pm - Link - Report abuse 0
  • Conqueror

    @10 Oh, yeah. Who's got the 25-30% inflation? Who's got the power cuts and fuel shortages? Who can't borrow and has to rely on handouts? Who's got widespread industrial action all over the country? Who can't afford to pay its bills? Who can't afford to pay its employees? Who's printing IOUs? Doesn't seem to be us. Could it be you?
    @12 Far better than yours. Can you do simple arithmetic? Divide 2,308,503 billion by 710.7 billion and tell me what the answer is. I can wait.
    @13 Actually, the capitalist system is built on creation and value.

    Aug 24th, 2012 - 01:44 pm - Link - Report abuse 0
  • Guzz

    Jelous of what, Poppy? Your suicidal mission? I'm doing all I can to bloody counter it :)

    Aug 24th, 2012 - 01:45 pm - Link - Report abuse 0
  • LEPRecon

    @6 - Yuleno

    I did read it, apparently you didn't, or maybe you were just wearing rose tinted glasses at the time.

    @10 - Tobias

    What on earth are you talking about? Stay on topic? Well the topic was about Argentina 'blasting' the credit-risk agencies. Try re-reading the article.

    This is typical Argentine hysteria, meant solely for domestic consumption, to divert the gullible people away from the fact that Argentina's economy is in the sh!t, and because it is in the sh!t it must be someone else's fault, probably the evil British Pirates or the evil Imperialistic USA.

    Oh and Tobias before you start linking to every article under the sun, yes the UK is in recession, blah, blah, blah.

    But this recession is nothing compared to the recession in the late 70's and early 80's where Britain teetered on the edge of bankruptcy.

    In fact, in all honesty, I'm hardly feeling this one at all. I'm sure others do feel the credit crunch, but not me, I suppose I've been lucky.

    Like all recessions they come and go. That's the way the economy goes. Only in Argentina you tend to have economic meltdown every few years, wheras the rest of the world try to keep it at least 20 years or more apart.

    Aug 24th, 2012 - 02:40 pm - Link - Report abuse 0
  • Captain Poppy

    #10 How troll and it can be either the 1st, 2nd or 3rd shift troll and La Casa Rosado that answers this. Please define:

    1 - Anarchy -Capitalism
    2- what you define as American Middle Class?

    The second might bite you in the ass as it is yet to have a pin point definitive in AMerican political lexicon. So please help us define American middle class?

    Your posts warm me Guzz......hows the catina at La Casa Rosado....they open on all shifts?

    Aug 24th, 2012 - 02:55 pm - Link - Report abuse 0
  • Condorito

    @12 TTT
    The system is anarchy. It is not planned, maintained or owned by anyone. It is a jungle out there and we all have to fight our corner with what we have. The current problem for much of the West are derived from their decadence, overspending, short working days etc. I am certain some will take the medicine and bounce back.
    The global economy continues to grow, so on balance there are more of us going forwards than those going back.

    @13 Guzz
    It is well established that private enterprise makes more efficient use of resources than state control. Cars, planes, trains, computers, light bulbs...all technology is gets more efficient, the only thing making that happen is private enterprise (and some regulations driving that).

    Aug 24th, 2012 - 03:23 pm - Link - Report abuse 0
  • ChrisR

    This, from the Used Car Salesman:
    “He recalled that according to those agencies’ reports Argentina was better off in 2001, when the country faced one of its most severe crises of the last hundred years, than now, “please gentlemen let’s be objective”.

    'Be objective' from an Argie Minister, what a joke.

    And the CEO of YPF:
    ”YPF CEO Miguel Galuccio, who pledged that soon “Argentina will again become a net exporter of oil”.”

    And how do you get that when your own people laughed at your plan and walked out? 250 development wells with no way to buy tools and pay wages, etc.

    And the Industry Minister 'Gorgeous Giorgi' (have you seen the photos - she makes TMBOA look attractive):
    ““Argentina in particular is showing a manufacturing activity which is 10% above the pre-crisis level” said the minister.”

    BUT, there's always one, isn't there? These are INDEC figures, WTF believes these? Not the “several hundred entrepreneurs” evidently.

    This smacks of desperation.

    Aug 24th, 2012 - 03:35 pm - Link - Report abuse 0
  • Tobers

    Baffling....

    Your advocate in chief of responsible management of the economy has become fabulously wealthy utterly through capitalistic means. If everyone was as driven as her to amass wealth Argentina would collapse in no time. One rule for her and the cult and another for the masses.

    Guzz do you really believe that your work is somehow separated from the evil capitalistic system? Wishful thinking.

    Aug 24th, 2012 - 03:39 pm - Link - Report abuse 0
  • Yuleno

    17# Good old lucky LEP.
    This is typical Argentine hysteria, meant solely for domestic consumption, to divert the gullible people away from the fact that Argentina's economy is in the sh!t,
    That's what you wrote,our own English language expert.
    The article reports a meeting with potential investors into the Argentina economy.Foreign investors.It wasn't a political meeting for home consumption,it was a report,like the media does,of some of things that were said.
    Is that a rosy enough comment?
    Our poppy
    Before the fall of the USSR,when Yugoslavia had a different economic model,the USA,just like the monetarists frowned on state intervention, so since when did the USA become a good old fashioned mixed economy like the old UK socialist economy

    Aug 24th, 2012 - 03:48 pm - Link - Report abuse 0
  • Captain Poppy

    Are you serious.....when did we become a mixed system? What do you think government regulation is? I do not mean mixed in the sense that you obvisously have taken it. As the government does not own businesses individuals do. However government makes polices that impact those businesses, hence a mix between pure capitalism and socialism.
    In 1937 we creaed the social security system, we oversee water treatment and so on and so on.
    Bring on the insults. You do know that an insult is the BEST subsitute for the lack of a substantiated counter point....si?

    Aug 24th, 2012 - 04:09 pm - Link - Report abuse 0
  • LEPRecon

    @22 - Yuleno

    Still got those rose tinted glasses on, eh?

    Just keep telling yourself that Argentina is getting all the investment it needs. The audience was made up of Argentine entrepreneurs as well as some invited guests from other countries.

    None of them appeared to believe or 'trust' the Argentine governments reassurances.

    Then they did the usual Argentine modus operandi of blaming someone else for people not investing in Argentina (in this case the credit ratings agencies) and lying to persuade people to invest in Argentina.

    Of course it was for home consumption. Every time an Argentine official opens their mouth it's for domestic consumption. Why else do your politicians constantly embarrass themselves on the world stage?

    The UK is militarising the South Atlantic.
    The UK is sending an unarmed helicopter pilot to the Falklands.
    The UK is sending the Death Star to the Falklands.
    The UK is spying on Argentina from the Falklands.

    They said all this to an incredulous and unbelieving UN, but it was all for domestic consumption. ”Look how powerful your government is, talking to the UN and taking other the evil British pirates.

    Oh, and let's not forget the embarrassing spectacle of your Ambassador to the UK, Castro humiliating Argentina in front of the worlds media. And thanks to her efforts every diplomat based in the UK slammed their doors in her face.

    If it wasn't so pathetic it would be laughable.

    Aug 24th, 2012 - 04:15 pm - Link - Report abuse 0
  • Captain Poppy

    Don;'t forget that Arguello can't see anyone in the US government. HE doesn;t get past the door at the US Secretary of State....and no US politician will see him

    Aug 24th, 2012 - 04:31 pm - Link - Report abuse 0
  • Truth_Telling_Troll

    @14

    You obviously have NO clue huh. 125 billion industry of a 15 trillion dollar GDP. The same can be said of the banking sector's weight in the nominal GDP of any country.

    That's where you are totally clueless.

    Let me give you a literal analogy: the jugular vein is only 0.01% of your body, but if I sever it, you are dead in seconds.

    The banking system's leverage on any “semi-modern” ecoonomy is tens of times is actual GDP contribution. Plus, they hold a significant portion of the savings of a country. When they missbehave, you all pay. That is why financial-led recessions are so much worse than others, they cut the circulation of the entire system and it all collapses. A manufacturing or agricultural led recession usually is not as fatal.

    That's the difference, and your banks are leading you to this, now you are a country where the middle class is a minority. Congratulations.

    Aug 24th, 2012 - 06:12 pm - Link - Report abuse 0
  • Captain Poppy

    You really are the most boring troll, when does your shift change? Your feminine counterpart on the next shigt is more interesting.

    Aug 24th, 2012 - 06:18 pm - Link - Report abuse 0
  • Truth_Telling_Troll

    I shut your shaft, didn't I.

    Next.

    Aug 24th, 2012 - 06:28 pm - Link - Report abuse 0
  • Captain Poppy

    If you thing so.........you need to stop listening to your fake demi-gods. Chubby Chavo is waiting for the grim reaper, Ms. Anal Lips of Argentina made her devil with the devil, Evo evo is an indian, he gets a free pass for now, he doesn;t know anything....just follows the lead. Pepe he's is to old an senile. His next fart will stop his heart, hence he stays away from beef empanadas. So please troll........leave my shaft alone. Perhaps you are a man on man type, but I prefer woman.
    Just what bridge do you live under?
    I think TTT has a new person working the blog, we should all introduce ourselves.

    Aug 24th, 2012 - 07:54 pm - Link - Report abuse 0
  • Pirat-Hunter

    Isn't the credit risk part of the same Mob with IMF, WTO, US, UK and the EU????
    The world already knows what this corrupt thieves and liars want why even bother to write anything about them.

    Aug 24th, 2012 - 08:39 pm - Link - Report abuse 0
  • Captain Poppy

    No PH, the world does not believe that.....only deadbeats that do not pay their debt, I mean South Americans believe that, no from the real world believe. Besides if they are theives and liars, why is the one with anus lips you call kirchner trying to sell to us? ALl but SA works within that system. If you paid the money you borrowed, you would not be a trade pariah.

    Aug 24th, 2012 - 09:15 pm - Link - Report abuse 0
  • malicious bloke

    Yes, that's true. It's been demonstrated time and time again that Argentina is run by corrupt thieves and liars. This is why the world views lending to them as such a risk.

    Of course, in proper countries with responsible governments, there is a reasonable certainty that repayments on borrowed money will be made. This is reflected in the fact that most of these countries have “AAA” or “AA” credit ratings while Argentina's is more like “ROFL”.

    Aug 24th, 2012 - 09:17 pm - Link - Report abuse 0
  • Captain Poppy

    you mean ROFLMAO

    Aug 24th, 2012 - 09:26 pm - Link - Report abuse 0
  • jerry

    Just a question to mull over. Who is making the most profit in Argentina today? Just a hint: THE BANKS and CFK.

    Aug 24th, 2012 - 09:31 pm - Link - Report abuse 0
  • Yuleno

    Poppy,as you are off the subject,is Lance Armstrong a cheat or is no 'American' sportsman capable of cheating,just the politicians.
    Also how are things in Florida this week.

    Aug 24th, 2012 - 11:57 pm - Link - Report abuse 0
  • Captain Poppy

    Appears a cheater as the claim is that he was using epogen. I only wonder why it took so long that it was not done when they did blood tests years ago when he was actually competing. Most sports media in the USA assume he was doping.....why do you ask?

    Aug 25th, 2012 - 12:07 am - Link - Report abuse 0
  • St.John

    Three Argentine economists, particularly close to the government of President Cristina Fernandez have admitted that the Argentine Peso is overvalued and is causing problems for non commodity exports which need to be addressed.

    http://en.mercopress.com/2012/08/23/argentine-government-economists-agree-the-peso-in-over-valued-and-hurts-non-primary-exports

    Aug 25th, 2012 - 04:51 am - Link - Report abuse 0
  • Yuleno

    I ask poppy because I believe state subsidies maintained the postal team.
    Is the reason that it took so long that there was state credibility at stake or that the strength of the state ensured that it wouldn't be covered up?

    Aug 25th, 2012 - 12:43 pm - Link - Report abuse 0
  • Brit Bob

    Interesting to note that:

    Argentina has more international trade disputes running than any other country;

    is the World's number one protectionist county;

    is described as a pariah state by international money lenders.

    Look out for the peso to be devalued soon because the dollars have run out and international loans will be too expensive.

    Viva Cristina! Viva!!

    Aug 25th, 2012 - 02:33 pm - Link - Report abuse 0
  • jerry

    But pesos will be printed as fast as possible. The mint is going to be given to La Campera and it`s members have already been given over 1 billion dollars (in pesos, of course) for salaries, to help their famalies, etc.

    Aug 25th, 2012 - 02:37 pm - Link - Report abuse 0
  • Captain Poppy

    Yo....is that so? Interesting conspiracy theory.......run with it. You Should know the US Post Office is not owned by the USA, it is overseen by the US.....big difference. We have a lot of our own crack pot conspriracy theorist that can do a lot better than that one.
    US Postal team sponsors, as in advertising. US Teams lose sporting events all the time and win even more. Our government, unlike the other countries do not get involved in sports like you suggest. For God woman, get a better theory than that and read more about the USPS.
    You really digressed here and if I did not anwser, in your troll wing would have assumed you scored a hit. Sports versus argentine inflation......good grief Charlie Brown.
    And BTW......it was the USADA that would not let the issue die after the International agency dropped.

    Aug 25th, 2012 - 03:15 pm - Link - Report abuse 0
  • Yuleno

    39# interesting in what way.
    41# poppy are you paranoid.Is someone after you
    And what does this mean-
    US Postal team sponsors, as in advertising. US Teams lose sporting events all the time and win even more.

    Aug 25th, 2012 - 04:08 pm - Link - Report abuse 0
  • Captain Poppy

    Hey troll, come out from your bridge an answer my question I asked in #18
    yulena, do me a favor so I can understand your thought process, connect the dots how you read my post and concluded paranoia? I can re type it in larger fonts of have my south american gardner translate it. What is easier for yulena?

    Aug 25th, 2012 - 05:02 pm - Link - Report abuse 0
  • Yuleno

    Dick popper.What's a gardner.
    If you don't like the Armstrong bit,forget it,but don't get all out of yourself about it.Perhaps you would like to explain how your remark
    Evo evo is an indian, he gets a free pass for now, he doesn;t know anything....just follows the lead
    Would you get the gardner to translate this.Ive used google translate but you know what-it doesn't make sense.

    Aug 25th, 2012 - 07:41 pm - Link - Report abuse 0
  • Captain Poppy

    I could careless about Armstrong.....that's sport and we all know sports is entertainment and nothing more. Google can only translate words and not context. Understanding written words takes education. When my gardener returns, I will ask him to translate context.......okay?

    Aug 25th, 2012 - 08:58 pm - Link - Report abuse 0
  • Pirat-Hunter

    #31, #32, #33, #34 the whole world knows USA and UK arm terrorists to kill muslim women and children, I don't think all you clowns should be worried about Argentina they are harmless, before you all open your cocktrap read and get informed.
    A pattern emerges. There are lots of losers in this system but one clear winner: the Western banks and US Treasury, making the big bucks off this crazy new international capital churn. Stiglitz told me about his unhappy meeting, early in his World Bank tenure, with Ethopia's new president in the nation's first democratic election. The World Bank and IMF had ordered Ethiopia to divert aid money to its reserve account at the US Treasury, which pays a pitiful 4% return, while the nation borrowed US dollars at 12% to feed its population. The new president begged Stiglitz to let him use the aid money to rebuild the nation. But no, the loot went straight off to the US Treasury's vault in Washington.

    Now we arrive at Step Four of what the IMF and World Bank call their “poverty reduction strategy”: Free Trade. This is free trade by the rules of the World Trade Organization and World Bank, Stiglitz the insider likens free trade WTO-style to the Opium Wars. “That too was about opening markets,” he said. As in the 19th century, Europeans and Americans today are kicking down the barriers to sales in Asia, Latin American and Africa, while barricading our own markets against Third World agriculture.
    www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/

    Aug 25th, 2012 - 10:27 pm - Link - Report abuse 0
  • yankeeboy

    46. PH, unfortunately there is no cure for stupid.

    Aug 25th, 2012 - 11:15 pm - Link - Report abuse 0
  • Captain Poppy

    Here is Ethiopa's transactions from 1984 through 2012. Loans, repayments and interest. Not activity since 2010

    http://www.imf.org/external/np/fin/tad/extrans1.aspx?memberKey1=290&endDate=2012-08-26&finposition_flag=YES

    The things about borrowing money, if you do not intend to pay it back, like argentina, do not borrow. No one holds a gun to your head and forces you to borrow. Money costs money. People that do not have money do not and cannot understand the time value of money and the purpuse of lending it to make money. Higher risk higher rates.
    187 million in loans to Ethiopia since 2009 and less than 300,000 in interest payments
    I think SA would do the world a favor and keep all trade in their own borders and start by no longer selling to Europe, Asia and North America. That will make all you trolls happy. But that means that all businesses for those countries will be packing and moving out as well. They can sell all residual assets to SA governments. Cash in dollars only please.

    Aug 25th, 2012 - 11:16 pm - Link - Report abuse 0
  • yankeeboy

    Captain, The Rgs on this board can only get through 1 step of a logic equation. Look at Think, Marcos, Guzz , Axel, Toby... you ask then to get from one logical conclusion to the next and it RACISM or COLONIALISM or Blah Blah um whatever. They are too dumb or too indoctrinated to get to the next level.
    Stop poking the dumb animals.

    Aug 25th, 2012 - 11:28 pm - Link - Report abuse 0
  • Captain Poppy

    Their new word of the week is economic colonialism

    Aug 26th, 2012 - 01:14 am - Link - Report abuse 0
  • yankeeboy

    “economic colonialism” you should ask them for a definition, they're not a smart people I think you'd be very surprised what they think it means.

    Aug 26th, 2012 - 02:33 am - Link - Report abuse 0
  • brit abroad

    Le’ts be fair about this!! South America has a huge amount of potential in the global economic arena, and we all know this! However so does Africa! Both have large poor populations and large amounts of natural resources (perfect for inviting business) but the other similarities are also clear I.E neither can manage them-selves from a economic or diplomatic point of view! It is not about being suppressed by economic colonialism, its about getting on with it and stopping the whinging!

    Both need to play the current global economic game, show initiative, show political stability, develop a solid financial growth plan, grow big, strong and fat, and then they can start changing the order of the world’s economic model! At present neither can illustrate a better working model so until then, South America (possibly with the exception of Chile and Brazil) and Africa will have to tow the line, and in the case of the majority of Africa (which is more about politicians greed) get your countries resource raped at the same time!

    At present i believe that South America is rattling the cage a little too early! They will have their moment, just as China is having hers!

    China has built a superb ants nest for business growth and shown an internal solidarity towards a long term vision, and stuck to it quietly! Now China can start manipulating because its deserved its place!

    South America – you are not there yet !!!!

    Aug 26th, 2012 - 07:03 am - Link - Report abuse 0
  • Guzz

    Brit abroad
    I would agree with you if what we wanted was to live like you lot.
    We want to keep our resources, use them with care and not hurt the environment, not grow big and fat at the expenses of others.
    As for how to achieve this, you lot don't have a single clue. For the simple reason that you've never tried it before either...

    Aug 26th, 2012 - 11:28 am - Link - Report abuse 0
  • Tobers

    @52 good post totally agree with you

    @Guzz

    where do you live and how are you paid?!

    You are using the evil gringo system to your advantage rather than staying at 'home' and improving things from grass roots level. Are you living by example or just spouting all these right on solidarity comments?

    Do you HAVE to live and work in Europe (and enjoy the benefits that gives you). Its most likely a choice.

    Aug 26th, 2012 - 03:54 pm - Link - Report abuse 0
  • Captain Poppy

    Tobers you are forgetting that Guzz is the classic SA professing “ do as I say, not as I do”

    And Guzz, you don't have to live like “us” to get a free market to work for you. China still lives like they always have and uses the free market system when it comes to world trade matters.

    Aug 26th, 2012 - 06:04 pm - Link - Report abuse 0
  • Guzz

    Tobers
    I don't work in Europe, other than the work required to get my sailing license

    Poppy
    I don't believe in a free market, just look around you, free market brings nothing but misery with its law of the jungle...

    Aug 26th, 2012 - 06:07 pm - Link - Report abuse 0
  • Captain Poppy

    That is your right not to want a free market system, but why do SA countries always want to trade in it?

    Aug 26th, 2012 - 06:20 pm - Link - Report abuse 0
  • Tobers

    @Guzz
    So this week you dont live there. But at least you admit to being in Europe to get something for your personal gain.

    the evil Europeans and their wicked ways... and dont even get me started on sailing licences issued in Europe.

    Aug 26th, 2012 - 06:48 pm - Link - Report abuse 0
  • Pirat-Hunter

    #47 that would explain a lot about you.
    #49 some homosexuals don't just stop at stupid and you are not the exception.
    #52 you are right Argentina needs to forget USA and EU and start dealing with China, Pakistan and India where people need to eat and are willing to pay without crying so much.
    #53 trying to talk to Europeans is like talking to a wall. Quit wasting your time with the turds.
    #54 unfortunately for you white trash can't tell anyone where they can live anymore, about you people start heading back to europe???
    #55 shove your free market up your anal cavity, and quit bothering with Argentine matters, there's nothing worst then someone sticking their nose in our affairs.
    #57 you talk as if trading was exclusive to free markets but freedom is everywhere, we feel sad your country makes you feel constricted. Maybe you should move and quit crying to Argentine's. Trust me if Argentina wanted to trade the US dollar would be easier to get, not the case is it?? Get your facts straight before opening your cock trap.

    Aug 26th, 2012 - 07:18 pm - Link - Report abuse 0
  • Yuleno

    59#
    Free market is not a free market at all.For a system of exploitation to continue to grow it must seek to exploit new areas continually.So when an attempt is made to opt-out of this system,fear engulfs the exploiters and the population of the exploiting countries will have to bear greater exploitation than they are familiar with.You knew that PH of course,but I had to write it myself as well

    Aug 26th, 2012 - 07:42 pm - Link - Report abuse 0
  • Captain Poppy

    The flow of raw sewage is best when pirate opens his thoughts. Never an intellectual thought so the next best thing is drivel and when he thinks are insults.
    Apparently by his response to #54 he is an indian and not of European decent. Anal lips, I mean cfk is a descendant of Spain, is she the white trash that needs to leave the jungle of SA as well?
    And while trading is not exclusive to free market, why be a hypocrite and trade with them or cry about lemons?
    The only ones allowed dollars is anal lips and her supporting cast of despots.
    Whats worst then someone sticking their nose in others affairs as you say (btw thats called freedom of speech.....you know it?) Is a pirate hunter that's never caught a pirate, or a pirate hunter obsessed with human anatomy.......lol. You seem to revert to your latent( or overt) homosexual tendencies. Most of your menial drivel is based in insults, emotion and gut, knee jerk reactions. You should change your ID because I suspect most of the people here that type a deliberated response are tired responding to your emotional, inane and hastily typed conjectures.
    Go back to whatever tribe you came from.........the jungle awaits you. you are not ready for the civilized world.

    Aug 26th, 2012 - 07:49 pm - Link - Report abuse 0
  • Guzz

    57
    So you mean that in order to trade at all, it must on a free market basis?
    No Sir, that's deciding the rules before we've decided what to play...

    58
    Who said Europe was evil?
    Don't blaim Europe for your flaws, I don't.

    Aug 26th, 2012 - 08:47 pm - Link - Report abuse 0
  • Captain Poppy

    Guzzy.........how do you make that conclusion based on my question? You call us the evil empire that exploits because it is profit driven and not societal driven, so I ask why do you want to trade with us and compromise your high morals? And guzz, knowing how intelligent you are know that profit motive is not the only drive in a free market system.
    Please so me where I stated you must be a free market to trade?

    Aug 26th, 2012 - 09:50 pm - Link - Report abuse 0
  • malicious bloke

    The free market is fairly immutable. Nationalist chestbeating might try and frame protectionism as “standing up to [insert name of economic powerhouse here]” or whatever, but unless your produce is truly unique and there's no other source for it anywhere else (almost a null concept in this day and age) all protectionism in the face of a global marketplace gets you is priced out and ostracised.

    Aug 26th, 2012 - 10:35 pm - Link - Report abuse 0
  • toooldtodieyoung

    10 Truth_Telling_Troll

    “the UK, France, Spain, Italy and most of the rest of the EU are in their 10th recession in 5 years or so”

    Really? The UK has had 10 recessions since 2007? Does anyone else ( who is not deluded ) remember these 10 recessions?

    Have you got the data to back up that claim? or are you just using the Argentine Ministry for Disinformations' own figures?

    Aug 26th, 2012 - 10:47 pm - Link - Report abuse 0
  • Captain Poppy

    #65 you're going to cause a clusterfuck in the brain if start asking south americans for support and facts. They bark from emotions and knee jerk reactions. If they lack fact ............well, they just insult and resort to crying the exploited game by the evil capitalists. It's either muslin killers, your a homo, oh.....it just goes on.

    Aug 26th, 2012 - 11:32 pm - Link - Report abuse 0
  • Yuleno

    Poopy the insults come from you and your self reenforcing delusions of grandeur.You among others insult other nationalities and praise the USA,as if you are praising yourself.You really are straying from your image of a person in control of things.

    Aug 27th, 2012 - 12:35 am - Link - Report abuse 0
  • brit abroad

    At 59 pirate hunter:
    “you are right Argentina needs to forget USA and EU and start dealing with China, Pakistan and India where people need to eat and are willing to pay without crying so much”

    What????? you clearly dont understand what i was saying, and based on your comment above an idiot!

    Aug 27th, 2012 - 01:58 am - Link - Report abuse 0
  • Captain Poppy

    Either you are sensitive or you do not understand sarcasm. Though looking back, I think most would agree that (#44) dick popper was meant in less than a compliment, an insult if I were to accept them. Unless it's an affectionate term of endearment Yul.....I think not.
    Perhaps you should stay studying for you maritime documents, or sailing licence as you call it.

    Aug 27th, 2012 - 01:59 am - Link - Report abuse 0
  • sasapm

    Thanks for posting this. Today I watched Documentary film about Argentina's Economic Collapse with English Subtitles. I recommend to watch this documentary if you did n't watch yet.

    http://www.thegreatplanet.com/argentinas-economic-collapse-documentary/

    Aug 28th, 2012 - 10:06 am - Link - Report abuse 0
  • Captain Poppy

    Guzz when will you answer my question in #18?

    Aug 28th, 2012 - 12:22 pm - Link - Report abuse 0
  • Yuleno

    Richard popper where is the insult in that.
    You are on your final path on here,to post on that matter.
    Are you a captain,captain of what?
    Am I after my sailing license?
    Where is the criticism of Argentina chasing more investment to maintain and improve growth in this global downturn and the hard work expended to avoid 25% unemployment for its young people.
    As I said you are losing your control.Spend some time to regain it.

    Aug 28th, 2012 - 12:35 pm - Link - Report abuse 0
  • Captain Poppy

    Guzz when will you answer my question in #18?

    Aug 28th, 2012 - 01:23 pm - Link - Report abuse 0
  • Yuleno

    For you poppy
    The american middle class is defined the same as any other middle class because middle class is not a matter of country or nationality irrespective of how anyone defines it using those categories.Can you move on now or are up still hung up on the issue?

    Aug 28th, 2012 - 05:49 pm - Link - Report abuse 0
  • Captain Poppy

    Guzz when will you answer my question in #18?

    Aug 28th, 2012 - 08:07 pm - Link - Report abuse 0
  • Yuleno

    Sad

    Aug 28th, 2012 - 09:34 pm - Link - Report abuse 0
  • Captain Poppy

    So yuleno are you saying you are TTT? Middlesclass is not the same from one country to another.........conceptually.....yes, perhaps. I was asking him or you if the same to define (statistically and economically) what he is defining as middleclass based on his post. So if you would care to address those two stats, do so. Also the second question would be nice to have him answer being he tossed the terms out.

    Aug 29th, 2012 - 12:20 am - Link - Report abuse 0
  • BLACK CAT

    #Guzz
    as Minister Lorenzino says, “please gentlemen, let’s be objective”

    Aug 29th, 2012 - 09:53 am - Link - Report abuse 0

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