MercoPress. South Atlantic News Agency
Moody’s rates outlook of 30 Argentine banks to negative
Rating agency Moody's changed to negative the rating outlook on 30 rated Argentine financial institutions on Thursday. Moody's cut the outlook to negative from stable, as a reflection of the outlook change on the country announced last week.Moody's rates Argentina at B3, six levels into junk territory. Read full article
Comments
Disclaimer & comment rulesArgies,
Sep 27th, 2012 - 11:12 pm - Link - Report abuse 0see someone does love you lackies after all,
Argentina at B3, six levels into junk territory.
Enjoy it while you can,
it will soon drop further.
still,
they know not
they see not
they hear not,
but they talk alot..
LOL! this time USA didn't have to destabilize Argentina like it did in the 70's, this time Argentina's f*ckin itself over! Thanks for savin us the work/time/cost of ruining your nation, Cristina, good job!
Sep 27th, 2012 - 11:17 pm - Link - Report abuse 0How many Argentine banks have failed in the last 5-7 years, being five levels into junk status?
Sep 27th, 2012 - 11:23 pm - Link - Report abuse 00.
How many banks have failed in investment grade, triple AAA-land (EU, USA, Japan, UK, etc?
Northern Rock
Bear Sterns
Catholic Building
Countrywide
Alliance & Leicester
Roskilde Danmark
Fannie Mae
Freddie Mac
Derbyshire Building So.
Chesshire Building So.
Merrill Lynch
AIG Group
Lehman Brothers
HBOS
Washington Mutual
Fortis
Dexia
Wachovia
Bradford and Bringley
Landsbanki
Glitnir Iceland
Bank West Australia
Kaupthing Bank
Caja Sur
Phillipine American Life and Gen. Ins
Chesham Building So.
Caja de Ahorro Castilla-La Mancha
Dunfermline Building So.
Bank of Antigua
Straumur Investment bank
Alliance Bank
BTA Bank
Anglo Irish Bank
Indymac Federal Bank
Commerce Bankcorp
National City Bank
Sovereign Bank
Royal Bank of Scotland
Lloyds
Those are just the trans-capitalized banks.
http://en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008%E2%80%93present)
HAHAHAHAHAHAHAHA.
MWHAHAHAHAMWHAHAHAHAHAHA!
JUAS JUAS JUAS JUAS JUAS!
Even the bank of southern Chaco is a better, safer bank that that pile of failure that is Anglo-saxon and European banking.
:)
lol, that's ok, we just print gold (the US Dollar, the thing your gov is so afraid of losing, the thing its illegal for you to trade). You, on the other hand, own a worthless currency that no one in the world wants. Enjoy the coming dictatorship and hybrid 2001/1970's style crisis. We will! We'll be laughing our heads off watching it on TV
Sep 27th, 2012 - 11:27 pm - Link - Report abuse 0@4
Sep 27th, 2012 - 11:31 pm - Link - Report abuse 0Northern Rock
Bear Sterns
Catholic Building
Countrywide
Alliance & Leicester
Roskilde Danmark
Fannie Mae
Freddie Mac
Derbyshire Building So.
Chesshire Building So.
Merrill Lynch
AIG Group
Lehman Brothers
HBOS
Washington Mutual
Fortis
Dexia
Wachovia
Bradford and Bringley
Landsbanki
Glitnir Iceland
Bank West Australia
Kaupthing Bank
Caja Sur
Phillipine American Life and Gen. Ins
Chesham Building So.
Caja de Ahorro Castilla-La Mancha
Dunfermline Building So.
Bank of Antigua
Straumur Investment bank
Alliance Bank
BTA Bank
Anglo Irish Bank
Indymac Federal Bank
Commerce Bankcorp
National City Bank
Sovereign Bank
Royal Bank of Scotland
Lloyds
http://www.fdic.gov/bank/individual/failed/banklist.html
HAHAHAHAHAHAHAHA.
MWHAHAHAHAMWHAHAHAHAHAHA!
JUAS JUAS JUAS JUAS JUAS!
lol
Sep 27th, 2012 - 11:37 pm - Link - Report abuse 0if you have to continually repeat yourself, then your argument is too weak
That's not an argument, those are the facts.
Sep 27th, 2012 - 11:39 pm - Link - Report abuse 0Check mate.
And this is why my name is The Truth Telling Troll.
Enjoy your AAA garbage financial system, more unstable and failed than my B3 five notches into junk status system, with 0 bank failures.
Tit... I see you have Bank West Australia in your list... care to elaborate????
Sep 27th, 2012 - 11:41 pm - Link - Report abuse 0Using that as a random sample that is a seriously flawed and worthless list.
Your gov needs our US dollar so badly they made it illegal for you to trade it. What a f*ckin joke your nation is, since 1960. Good luck with your worthless currency. Your banks can have trillions of pesos, but that's like owning trillions of sheets of toilet paper; essentially worthless.
Sep 27th, 2012 - 11:42 pm - Link - Report abuse 0And enjoying your coming dictatorship and financial crisis, while the average american continues to have income about 5 times that of the average Argentine, while your prices are higher than ours, lol inflation capital of the world.
@8
Sep 27th, 2012 - 11:42 pm - Link - Report abuse 0Bankrupted & under distress acquired banks.
Bullshit...sold to CBA..... maybe the parent was in strife... nothing wrong with BWA
Sep 27th, 2012 - 11:45 pm - Link - Report abuse 0And what about Alliance & Leicester? Sold to Santander before the TGFFu
It's cool, the world does business in the currency that we control and print. Our military budget is equal to that of the entire world's military budget combined. We are the only superpower in the world. Little rat scum like Argentina doesn't even matter to us, it's too small and weak to even notice, except to laugh at.
Sep 27th, 2012 - 11:46 pm - Link - Report abuse 0@9
Sep 27th, 2012 - 11:48 pm - Link - Report abuse 0We already had our time in the sun in the period 1870-1950 when our currency was the 6th most traded on Earth. At least we did have our time, more tham most other countries can say, even in this continent. hahaha
'At least we did have our time'
Sep 27th, 2012 - 11:52 pm - Link - Report abuse 0So you admit Argentina is now a failed state? ...failed for the last 50 years....thats impressive
http://www.youtube.com/user/johnniewalkerbrasil?v=RTtcNP7lmUo
Sep 27th, 2012 - 11:56 pm - Link - Report abuse 0Like Patagônia Bank....Brazil's support and buy Argentinian's bankers.
@14
Sep 27th, 2012 - 11:57 pm - Link - Report abuse 0That's your pathetic reasoning. Only morons like you and masterblowjb would ratiotinate so. We are just past our prime. A failed state never even did anything to begin with, much less reach world's 5th largest economy.
And as masterblowjb pointed out, it was European and USA sabotage that started the ball of our “decline” rolling. Decline in quotations because in spite of all that we still remain in the world's top 20% of wealth.
Your are welcome for the 2nd grade education lesson.
lol, lowering yourself to name calling means you're pissed off, and rightly so, but you're projecting your angers on others, instead of where it should right be placed: on your nation's failure, and cristina
Sep 28th, 2012 - 12:08 am - Link - Report abuse 0Mastershake is a character from Aqua Teen Hunger Force...but you wouldn't understand it, since it's not in third world language, only first world English. JB are my initials ;D but thanks for displaying your anger ;) glad to know its getting to you
Why is “my” nation a failure? I don't get it.
Sep 28th, 2012 - 12:12 am - Link - Report abuse 0The funniest thing of all is that in about 5 to 10 years, when the Falkland islanders have $Billions to spare, they can buy out Argentina and the entire country can become a colony of the Falkland Islands.
Sep 28th, 2012 - 12:15 am - Link - Report abuse 0Only those nasty Kirchners & her followers will have to be deported first!
@19
Sep 28th, 2012 - 12:17 am - Link - Report abuse 0“billions”
You need hundreds of billions to buy a country of 700 billion in GDP.
Back to your opium. :)
Argentina would be just a joke if it wasnt so serious. Argentines are being urged to spend thier holiday money in thier own country yet they are planning 67 flights a week between BA and Punta del Este in Uruguay, most of them by Aereolineas Argentinas. The Urugauyan govt has decided not to charge IVA on purchasers of goods with RG credit cards and to accept Rg pesos as payment which will mean that the Banco Central de Uruguay will have a raft of rg pesos in its vaults at the end of the tourist season. Can they then use those pesos to pay for imports from Argentina? Well ermmmmmmmmmm ,no. The silence from the rg authorities on that matter has been deafening
Sep 28th, 2012 - 12:22 am - Link - Report abuse 0More one vídeo from São Paulo airport.....beautifull
Sep 28th, 2012 - 12:24 am - Link - Report abuse 0http://www.youtube.com/watch?v=_skpsg4qCRg&feature=my_liked_videos&list=LLmXPTu1f8AdGlizWNiASx2A
Either Moody's is wrong, even biased against Argentina as TTT suggests; or its right, in which case Cristina should maybe nationalise some of these underperforming banks! Take your pick =)
Sep 28th, 2012 - 12:38 am - Link - Report abuse 0Moody's is not biased. They just have no clue.
Sep 28th, 2012 - 12:42 am - Link - Report abuse 0Look how they got all those “ratings” right before 2008, all those banks above were “safe investments”, hahahahaha.
LOL! argies and their jokes, and their joke of a nation/economy. Great material, Seinfeld himself couldn't come up with better material while doing stand-up.
Sep 28th, 2012 - 12:44 am - Link - Report abuse 0@25
Sep 28th, 2012 - 12:47 am - Link - Report abuse 0So what's your beef with us? The Falklands is not your issue, so what do you care?
http://blogs.telegraph.co.uk/news/nilegardiner/100182857/cristina-kirchner-continues-to-lie-about-the-falklands/
Sep 28th, 2012 - 12:50 am - Link - Report abuse 0A failing Banana Republic ??
@ TTT, I traveled through Argentina, and was one of only two nations, of all the many nations I've traveled through, that pissed me off. And Argentines I've met while traveling South America are the only ones who, in the middle of a pleasant conversation, will start to slander my nation, mind you this is before I say anything negative about theirs. While in Argentina, the people were mostly friendly to me, but the absolute HATRED towards the West that was being spouted off there was disgusting, specially during the Falklands Anniversary.
Sep 28th, 2012 - 12:57 am - Link - Report abuse 0The economy was a disgrace, changing dollars was beyond anything I've ever seen, the inflation was unbelievable, prices of buses, food, parks, entry or participation in anything was beyond anything I had come across, more expensive than USA, and tied with Western Europe for expensive.
Then there were the MILITARY boarding our buses, every 100 kilometers, with assault rifles and checking everyone's passports, and throwing away our fruit.
And worst of all, I lived in Uruguay for a year, LOVE that country, but you have bullied it for years, and its disgusting behavior, you should be ashamed!
@27
Sep 28th, 2012 - 01:00 am - Link - Report abuse 0You do realize that under the general definition of “banana republic”, the UK is a banana republic, right?
- not a full democracy
- still holds hereditary positions in government
- has a declining economy for better part of a decade now
- has had major civil unrest within the last 3 years
- is involved in warfare and conflict
- is fully dependent on borrowing to sustain basic spending
- has a significant gap between rich and poor.
... but banana republics at least can grow bananas.
http://en.mercopress.com/2012/09/27/moody-s-rates-outlook-of-30-argentine-banks-to-negative#comment168501: Actually the name of the bank was “Bank of Western Australia”. It was owned by HBOS / Lloyds which are incorporated in the UK. It was HBOS / Lloyds that was in trouble, not the Bank of Western Australia. HBOS / Lloyds was forced to sell the Bank of Western Australia which, as I understand it, ceased to be an incorporated entity, its assets having been totally incorporated into the purchasing corporation. Before being sold the Bank of Western Australia had no solvency problems.
Sep 28th, 2012 - 03:08 am - Link - Report abuse 0So, while it is technically true that the bank was liquidated, it was as a result of European bankers trying to save their butts.
@28
Sep 28th, 2012 - 03:23 am - Link - Report abuse 0And you think there aren't more than enough reasons to hate the West? Your racism, european ways, hubris, lack of contrition over colonialism and genocide... and you must admit it is exceedingly precious that you dislike Argentina partly because of bulling Uruguay... Doesn't the USA bully at any chance they have? Of course.
You do corroborate what I have been saying here to people, and some refuse to believe: argentines HATE Europeans, North Americans, and of course we don't care about other Latin Americans. But my generation is far more virulently anti-West.
We are required to take courses in collegue which explain the atrocities Europe and North America have committed. Until you pay reparations and humble up, you deserve it I'd say.
And my generation will make Argentina a far more anti-western, belligerent, and isolationist place.
(21) redpoll
Sep 28th, 2012 - 04:01 am - Link - Report abuse 0You say:
“ The Urugauyan govt has decided not to charge IVA on purchasers of goods with RG credit cards and to accept Rg pesos as payment.”
I say:
Good news........................
Uruguay was becoming a bit expensive for this humble Argentinean....
Look forward to not being charged 22% IVA for my Caipirinhas when paying for them in Argie Pesos this summer at Posada Buscavida in Oceania del Polonio ;-)))
PS:
Are you shifting from rice to soy this year?
Are you paying you workers in “white” this year?
'And my generation will make Argentina a far more anti-western, belligerent, and isolationist place.'
Sep 28th, 2012 - 04:07 am - Link - Report abuse 0Like North Korea?
@33
Sep 28th, 2012 - 04:26 am - Link - Report abuse 0No need to get that extreme, just have a warm hate for the West.
Like Albania back in the day??
Sep 28th, 2012 - 04:29 am - Link - Report abuse 0Albania sounds nice, they are isolationists because you never ever hear from them. That would be nice for Argentina. I'm not old enough to know what you are refferring to however.
Sep 28th, 2012 - 04:33 am - Link - Report abuse 0Albania, becoming a very popular holiday destination, beautiful scenery, nice food and wine and friendly people. Not so isolationist as some would have us believe, look them up on line, I'm sure they would love you to visit.
Sep 28th, 2012 - 06:37 am - Link - Report abuse 0Albania was hard line Stalinist and very isolationist 'back in the day'... I think North Korea was their only friend
Sep 28th, 2012 - 07:36 am - Link - Report abuse 0I remember when they used to be famous for their female shotputters, at least I think they were female.
Sep 28th, 2012 - 07:48 am - Link - Report abuse 0“argentines HATE Europeans, North Americans, and of course we don't care about other Latin Americans. But my generation is far more virulently anti-West. ”
Sep 28th, 2012 - 08:20 am - Link - Report abuse 0Here we go again. TTT speaking for 40 million people. That is so untrue it could be a statement from CFKC herself. YOU hate The West, TTT. Maybe some of your friends (if you have any) share your extreme views but it is ridiculous to claim that all Argentines hate The West. You personally have a lot of jealousy, resentment and anger, which can be common in young disaffected teens but you will grow out of it.
“We are required to take courses in collegue which explain the atrocities Europe and North America have committed.”
Brainwashed, brainwashed, brainwashed.
I wonder what the course is called? how's this for a title:
Sep 28th, 2012 - 09:03 am - Link - Report abuse 0“The Politics of Envy.”
I can just see one of the Essay assignments, “The West, Europe and America in particular are responsible for all the worlds problems, both economic and domestic. Discuss, no more than 2 million words.”
Check out the Democracy Index Crap_Talking_Troll - Britain's in amongst the true democracies - so is Uruguay. Argentina ?? Nowhere near :-)
Sep 28th, 2012 - 09:12 am - Link - Report abuse 0The Démocracy is the régime of the adulators,simplétons,middletons,stupids.......
Sep 28th, 2012 - 10:48 am - Link - Report abuse 0Desperate argies,
Sep 28th, 2012 - 10:50 am - Link - Report abuse 0desperate replies.
44
Sep 28th, 2012 - 11:08 am - Link - Report abuse 0sorry i should write “”tide & body“” instead of “”middletons“”.
@41 They probably get additional marks for every anti-British comment. The more outrageous and inaccurate the better.
Sep 28th, 2012 - 11:15 am - Link - Report abuse 0So now none of largest 1/3 of their banks can issue stock or Int'l bonds. As their deposit and reserves continue to fall will they all be insolvent by 2nd quarter 2013?
Sep 28th, 2012 - 11:27 am - Link - Report abuse 0Does CFK want unprofitable banks to add to the list of unprofitable companies she has stolen?
You can only rob Peter to pay Paul for so long untul it catches up to you...
Anyone else think Patacones or 10/1 Peso by Christmas?
“That's not an argument, those are the facts.
Sep 28th, 2012 - 11:47 am - Link - Report abuse 0Check mate.
And this is why my name is The Truth Telling Troll.”
I have never really grasped how pointing at soembody else makes your own problems go away.
I know now that this is precisely how populism works, but it still seems stupid to ask everybody to stop what theya re doing, point at your neighbours' house (that is on fire) and ask them to cheer your finger-pointing.
because..meanwhile.. your own house just burned down.
(Which is a lot more truth than anything i have ever seen you post.)
The entire world economy is in the shit, mostly due to the rodgering bankers (worldwide) gave us all by gambling with our own money. Argentina is in the deep shit, if you think “the truth” of saying “so is everybody else” somewhow FIXES your own problems, well, frnakly, that is delusional.
Being PROUD of doing so is, well.. its psychotic.
32 I Don't Think, aka The Turnip In Chief
Sep 28th, 2012 - 12:29 pm - Link - Report abuse 0No, we don't need liars spreading toilet paper around in Uruguay, now or ever.
I pay taxes here and I don't want them subsidising trouble-making scum like you.
Go play with your whales and drown yourself.
Peace.
@48
Sep 28th, 2012 - 12:40 pm - Link - Report abuse 0Too true. Whinging about it, wringing limp wrists and pontificating is not going to sort it out. When your in the shit, it's not about how you got their or who's to blame for it that's the priority, it's how you get out of it that's the priority. Do that first, then deal with the rest.
Corrupt, demagogue and two faced. To sum it all up ; She is like Chavez
Sep 28th, 2012 - 12:41 pm - Link - Report abuse 0“And my generation will make Argentina a far more anti-western, belligerent, and isolationist place.”
Sep 28th, 2012 - 01:07 pm - Link - Report abuse 0The argentinians I have met are, generally, nothing like you...which is a good job for Argentina because an anti-western, beligerent and isolationist Argentina will only cause harm to one group of people: Argentinians.
Haivng said that, there is a certain amount of precedence for Argentinians supporting self-destructive governments.
After all, if it all goes horribly Pete-Tong they can always start havering on about the Falklands.
Argentina is in the deep shit?
Sep 28th, 2012 - 01:30 pm - Link - Report abuse 0How many banks have failed in Argentina in the last 6 years?
Clue, it's a round, closed curve.
It is you all that for 6 years have tried to insinuate we are in the same dire crap as you. Now in 2013, almost 7 years later, you have som circumstancial evidence to point out Argentina's economy is showing signs of exhaustion after 12 years of growth, and that's all you have?
I can stand a a street corner and predict an accident. Seven years later, an accident happens. Does it make me a genious, a mantic, a clairvoyant?
Toby, You had a recession in 2009 and you've been in recession since Nov 2011.
Sep 28th, 2012 - 01:45 pm - Link - Report abuse 0I imagine when the real stats come to light you will find that this “economic miracle” was financed by stolen funds used to pump up the consumers. Nothing more nothing less. Now all the U$ is gone and the only way to pump up the consumer will be to devalue the peso for a short but lethal one time high.
There have been no fundamental changes in the past 9 yrs, mfg is still abyssal, no innovation, no FDI, crumbling infrastructure and bankrupt utilities. And you still owe 10's of Billions of U$ that you have no hope to ever start paying.
Plus you are on the verge of being excommunicated from the worlds trade and financial community.
It is all bad, bad, bad, and it will take a generation to fix the mess that has been created in the last decade.
There was no recession in 2009, much less in Mendoza which had 1% growth. And this with a collapse in the USA.
Sep 28th, 2012 - 01:58 pm - Link - Report abuse 0How far has your country fallen, now that I notice, because it used to be that when the USA sneezed, Latin America caught the flu, or so the saying.
In 2008 you cought pneumonia, Latin America was like “you did?” Not even a blip in any country in terms of growth trajectory os social problems.
That should be a clear sign of how your role in the world's economy, with the EU acting as one economic block, with Japan and China rising in the last 30 years, and Russia, Brazil, India, and Mercosur's GDP up, plus the Middle East oil boom, has probably HALVED.
If you are using Indec stats, sure there was no recession, but eveyone else knows that you had negative growth in 2009 and your recession started in 2011. It is only going to get worse.
Sep 28th, 2012 - 02:09 pm - Link - Report abuse 0I think you need to read a few newer articles, India is failing, China is failing (possible total collapse), EU dead, Brazil growth less than USA. Believe me I am not happy about it but at least the USA is still better than the rest. We are getting flooded with Int'l money and investment right now. It is kind of crazy.
Just a small example of what is going on here, I have over 2 Billion in new construction going on within 5 blocks of my house!
So Toby, stupid Toby, read a little so you don't keep looking like a fool.
Argentina is just past its prime.......
Sep 28th, 2012 - 02:18 pm - Link - Report abuse 0@56
Sep 28th, 2012 - 02:35 pm - Link - Report abuse 0Lets assume you are right for a second (I don't believe much of what you say, especially about the rest of the world). You do realize that the rest of the world was growing the last 5-6 years at 4-5% when you were in a disaster and shrinking right?
Ever heard of statistical bounces? When demand is supressed for so long like in the USA, of course you will have at some point what seems to be a “big bounce”, like holding a coil down for a long time... but that demand will quickly fade as there is no REAL ECONOMY behind it. Demand was supressed because the people that could afford to buy where holding their cards to wait for the products or land to fall in price... at the first sign of stability, everyone that can jumps in.
But there are no real “new customers”, it's just a dead-cat. In the USA the consumer market is much smaller than 5 years ago, with unemployment double what it was before the crisis, poverty up 4 percentage points, and those that do have jobs seeing their incomes down over 10% while prices for everything goe up up up.
That's your USA recovery? lol
That's how much of an economist you are, hahahahaha. f
Toby, you are too smart for me! I wonder why you only make U$300/mo( if that), still live at home and have never been outside of your filthy backwoods province. Strange!
Sep 28th, 2012 - 03:09 pm - Link - Report abuse 0BTW your statistical bounce is exactly what happened in Argentina not what happend in the USA. We never fell that much but you certainly did in 2001. You are just playing catch up and are on the way down again.
I am not happy with the economy nor our Idiot in Chief but we are in much better shape than EU or your sorry country. We have companies that make more than Argentina does in a year! A lot more! You have no idea what the world is like since your only real comparison is the sh*thole you live in.
@59
Sep 28th, 2012 - 03:38 pm - Link - Report abuse 0Really? Apple is the biggest company valued at 600 billion on paper, which as us economist know (us economist, not you), understand there is a reason that it is called ON PAPER.
Argentina's real gdp is 700 billion, last time I checked 600 was smaller than 700.
And real sales for Apple were 100 billion, which is a lot less.
My filthy backwoods province is paradise compared to your dump, BELIEVE ME.
Maybe you are a littel stupider than I thought, you have to compare a companies revenue to your GDP:
Sep 28th, 2012 - 03:46 pm - Link - Report abuse 0http://www.tradingeconomics.com/argentina/gdp 446 Bilion
Exxon Mobile Revenue $ 486B 2011
And I gaurantee Exxon has more savings than you do .
@61
Sep 28th, 2012 - 03:48 pm - Link - Report abuse 0Lets assume that's true.
How does that benefit you?
Hahahaha, you fool. Celebrating other people's wealth.
It benefits me by living in the richest country in the world and having those companies here. Do you think these large companies hoard wealth or do they pay it out in salries and dividends, expand, buy stuff etc?
Sep 28th, 2012 - 03:52 pm - Link - Report abuse 0Are you really that dumb?
You are a perfect example of why Argentina is continually moving down the scale montarily and democratically.
@63
Sep 28th, 2012 - 03:57 pm - Link - Report abuse 0Of course they hoard wealth, but that is their right. Does this seem Exxon's wealth is well distributed?
http://www.youtube.com/watch?v=SfdEtW5DCAk
You really live in the land of fantasies. You are not the richest country in the world, and soon you won't even have the largest economy in the world. But I won't deny to you that overall in the world you are well placed.
Sure Yeah I am the one who lives in fantasy and you are the smartest monkey in the zoo.
Sep 28th, 2012 - 04:06 pm - Link - Report abuse 0Do you think China will be larger than the USA by the time you are dead? If so show me the stats. If not SFU.
I think they will be in revolution sooner rather than later. Stuck with all the crap they've been producing and stockpiling because they are afraid to lay off their workers.
http://www.nytimes.com/2012/08/24/business/global/chinas-economy-besieged-by-buildup-of-unsold-goods.html?pagewanted=all&_r=0
http://www.nytimes.com/2012/08/24/business/global/chinas-economy-besieged-by-buildup-of-unsold-goods.html?pagewanted=all&_r=0
You have no idea about the world.
OK I need to leave meeting w/clients at a new restaurant a few blocks away. Unfortunately for me the bill will most likely will be more than you make in a month. I heard it is really good though!
@65
Sep 28th, 2012 - 04:09 pm - Link - Report abuse 0Since I'm a good mood (and I don't have severe self-esteem issues like you), lets assume it is true and your lunch today costs $3.690 dollars.
Does that make you feel better about yourself over me?
Does this not sum up how empty your life really is, when any person sits down for two seconds to think about this?
Bon appetit.
@29 Definition: Banana republic is a pejorative term for a country with a kleptocratic government, often with a primitive economy and sometimes a puppet state of a major power. Well, that's argieland then! Definitely a kleptocratic government. How's CFK's fortune these days? The US$6 million she last declared. Plus the US$7 million she didn't mention. Plus the US$100 million from Santa Fe salted away in Switzerland!
Sep 28th, 2012 - 04:19 pm - Link - Report abuse 0@31 Excellent! Then we hate the right people. YOU! I could give you a list of all the things about YOU that we hate, but I'll keep it down to a single one. YOU breathe! Hopefully, my government will soon come to recognise your utter worthlessness and do something about it!
@34 Your days are numbered. I wish I could press the button!
@60 The UK's real GDP is 2,308.503 billion. Three times yours. Now that's paradise! I must tell my gardener how fortunate she is to be working for me. I'm sorry, I may have used a word in there that you don't understand, i.e. working.
thén why do you stick on your oñe third country's dóor ?
Sep 28th, 2012 - 06:00 pm - Link - Report abuse 0France /Germany are how mány timés of yours ?
( i don t say Japan/China/USA )
@49 ChrisR
Sep 28th, 2012 - 06:16 pm - Link - Report abuse 0same UK rubbish bloody english man aka Zhivago.. aka Simon68..
....all are winning this web site contest known as the Port-A-John...
Conqueror aka Captain Poppy...
Briton aka Jonas_Bs.As.
Isolde aka Yensere-ly Skare...
HaaaaaaaaaaaaaaaHaaaaaaaaaaaaaHaaaaaaaaaaaaaaaa
I think I have finally figured these foreigners from Europe, USA, and other places out.
Sep 28th, 2012 - 06:22 pm - Link - Report abuse 0Their countries are deteriorating and declining so rapidly, that they see their whole lives around them cave in: not only their financial lives (which was precarious to begin with), but the only crotchet that held their self-esteem up: their jingoism.
Because their country WAS rich, because their country WAS powerful, because their country WAS tolerant, WAS cosmopolitan, WAS expanding, WAS admired by us third worlders etc.
With the daily drumbeat of news such as
http://en.mercopress.com/2012/09/28/eu-employment-and-social-situation-rapidly-diverging-and-deteriorating
http://en.mercopress.com/2012/09/28/eu-employment-and-social-situation-rapidly-diverging-and-deteriorating
Many got thei “bright” idea to come to this forum, because they figured, heck, Argentina is a hellhole (their education system at work), so lets feel better about our shitty situation by comparing ourselfs and pissing on those poor Untermenschen.
They come here, and to their shock, us argies have teeth. We can easily respond to their arrogance and sense of superiority by bringing news after news, fact after fact, of:
their economic (see links above)
cultural
http://en.mercopress.com/2012/09/28/eu-employment-and-social-situation-rapidly-diverging-and-deteriorating
social
http://en.mercopress.com/2012/09/28/eu-employment-and-social-situation-rapidly-diverging-and-deteriorating
and institutional dires straits.
http://en.mercopress.com/2012/09/28/eu-employment-and-social-situation-rapidly-diverging-and-deteriorating
Suddenly they are faced with the harsh reality that Argentina is actually better than their dying lands in several aspects (though not all), and that is when they go postal and flippant.
This is the conclusion one draws based on the overwhelming evidence provided by these foreigners.
Comment removed by the editor.
Sep 28th, 2012 - 06:24 pm - Link - Report abuse 0Anybody knows which is the country which has the biggest fiscal deficit, the biggest public spending, the biggest monetary issue and the the biggest indebtedness???. This country is US and nobody can denied this truth. However, please let me know which is the Moody rate for the banks of US??? Please Moody, stop lying!!!
Sep 29th, 2012 - 05:25 am - Link - Report abuse 0Xenophobia is a dislike or fear of people from other countries or of that which is foreign or strange. Some definitions suggest xenophobia as arising from irrationality or unreason.[1] [2] It comes from the Greek words ξένος (xenos), meaning “stranger,” “foreigner,” and φόβος (phobos), meaning “fear.”[3]
Sep 29th, 2012 - 08:40 am - Link - Report abuse 0Xenophobia can manifest itself in many ways involving the relations and perceptions of an ingroup towards an outgroup, including a fear of losing identity, suspicion of its activities, aggression, and desire to eliminate its presence to secure a presumed purity.[4] Xenophobia can also be exhibited in the form of an “uncritical exaltation of another culture” in which a culture is ascribed “an unreal, stereotyped and exotic quality”.[5] Vienna Declaration and Programme of Action urges all governments to take immdiate measure and to develop strong policies to prevent and combat all forms and minifestations of racism, xenophobia or related intolerance, where necessary by enactment of appropriate legislation including penal measure.[6]
Dictionary definitions of xenophobia include: deep-rooted, irrational hatred towards foreigners (Oxford English Dictionary; OED), unreasonable fear or hatred of the unfamiliar.(Webster's)[7]
A xenophobic person has to genuinely think or believe at some level that the target is in fact a foreigner. This arguably separates xenophobia from ordinary prejudice. In various contexts, the terms “xenophobia” and “racism” seem to be used interchangeably, though they can have wholly different meanings (xenophobia can be based on various aspects, racism being based solely on ethnicity, and ancestry).
@1 Briton Jack the Ripper
Sep 30th, 2012 - 11:06 pm - Link - Report abuse 0is time for you to quick.....damn bastard.....die, the sooner, the better!
True_ Telling _ Troll .....is the smartest.....
Big Wow!! The creators of much of the worlds misseries are now in the lessons giving business.
Oct 01st, 2012 - 10:14 pm - Link - Report abuse 0Commenting for this story is now closed.
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