Argentina's 12-month inflation expectations slid in October for the first time in eight months, according to the median estimate in a survey published by the Torcuato Di Tella University, UTDT. Read full article
Inflation expectation falling in Argentina??
But…, but……, but.................
The Financial Times.......
The Economist.....
Fox News…
Even Yankiboy.....
All have guaranteed me that Argentina would implode very, very soon!
In 2001
In 2002
In 2003
In 2004
In 2005
In 2006
In 2007
In 2008
In 2009
In 2010
In 2011
In 2012
In 2013...........................................
What do I do now with all the dollars under my mattress???
And its also clear that the rest of Argentina holds a different opinion than El think given the illegal greenback market has so massively increased over the past year.
As Think knows, the RG economy is rapidly falling less than 2% growth yoy, tax revenues are not keeping up with inflation, gov't coffers are empty and they have jsut lost multi U$ BILLIONS in fresh loans from WB and IDB (next).
The inflation should be slowing due to the negative growth in the economy, but why is it still over 25%?
What the Ks have done in Argentina is called STAGFLATION, it is the absolute worst thing that can happen to an economy and there is no way out of it now.
Massive Devaluation/Hyperinflation/ Generational Depression is imminent.
BTW I wouldn't be surprised if the car companies are finally done with this unstable country and pull out during the next crash so there goes most of their mfg base. Watch and learn how to ruin a country in just under 10 yrs.
Everyone that shops for basic goods needs to keep thir receipts. Then on each economic quarter, compare the prices. WARNING: It's illegal to share the results, but at least you will know.
There will always be Argentinian cars: the MAD Empress without clothes has a solution...read the news article “Cristina reflota sueño del auto argentino”.
Inflation is expected in Argentina.When there isnt much inflation people get anxious. Venders also take advantage of inflation 'We have to raise our prices cos theres inflation' they say. And when you sign a property lease in ARgentina its for 3 years with an agreed yearly rent rise of 20- 25 %! Its these aspects that dont help. They are their own worst enemies it seems
Shall I explain @7? We're close to the end of October. Argieland has until December to get its figures correct. How to explain a difference of 17% in two months?
1 Think ..........
I thought you were aware that the Argentine economy had imploded early in 2002.
The next implosion will come soon, it's inevitable. My guess is late 2013 to 2014.
I stand corrected...
So many years of hearing the same Cantinella that i lost perspective....
I should, of course have written:
Whooooooooooooooooot......
Inflation expectation falling in Argentina??
But…, but……, but.................
The Financial Times.......
The Economist.....
Fox News…
Even Yankiboy.....
All have guaranteed me that Argentina would implode very, very soon!
In 2003
In 2004
In 2005
In 2006
In 2007
In 2008
In 2009
In 2010
In 2011
In 2012
In 2013...........................................
”And second of all, please do not ask me to do things that only a stupid person would do. I’m not stupid. I’m just a regular guy who made some money. I will neither sell my dollars at the official exchange rate nor at the black market price. Leave them [dollars] where they are as they are well kept.”
Comments
Disclaimer & comment rulesWhooooooooooooooooot......
Oct 20th, 2012 - 07:11 am - Link - Report abuse 0Inflation expectation falling in Argentina??
But…, but……, but.................
The Financial Times.......
The Economist.....
Fox News…
Even Yankiboy.....
All have guaranteed me that Argentina would implode very, very soon!
In 2001
In 2002
In 2003
In 2004
In 2005
In 2006
In 2007
In 2008
In 2009
In 2010
In 2011
In 2012
In 2013...........................................
What do I do now with all the dollars under my mattress???
Chuckle chuckle©
They are safe, as long as you do not let a dog into your house, clever buggers those sniffer dogs!
Oct 20th, 2012 - 07:44 am - Link - Report abuse 0I see El think is making things up again......
Oct 20th, 2012 - 09:12 am - Link - Report abuse 0And its also clear that the rest of Argentina holds a different opinion than El think given the illegal greenback market has so massively increased over the past year.
As Think knows, the RG economy is rapidly falling less than 2% growth yoy, tax revenues are not keeping up with inflation, gov't coffers are empty and they have jsut lost multi U$ BILLIONS in fresh loans from WB and IDB (next).
Oct 20th, 2012 - 11:04 am - Link - Report abuse 0The inflation should be slowing due to the negative growth in the economy, but why is it still over 25%?
What the Ks have done in Argentina is called STAGFLATION, it is the absolute worst thing that can happen to an economy and there is no way out of it now.
Massive Devaluation/Hyperinflation/ Generational Depression is imminent.
BTW I wouldn't be surprised if the car companies are finally done with this unstable country and pull out during the next crash so there goes most of their mfg base. Watch and learn how to ruin a country in just under 10 yrs.
Everyone that shops for basic goods needs to keep thir receipts. Then on each economic quarter, compare the prices. WARNING: It's illegal to share the results, but at least you will know.
Oct 20th, 2012 - 01:02 pm - Link - Report abuse 0There will always be Argentinian cars: the MAD Empress without clothes has a solution...read the news article “Cristina reflota sueño del auto argentino”.
Inflation is expected in Argentina.When there isnt much inflation people get anxious. Venders also take advantage of inflation 'We have to raise our prices cos theres inflation' they say. And when you sign a property lease in ARgentina its for 3 years with an agreed yearly rent rise of 20- 25 %! Its these aspects that dont help. They are their own worst enemies it seems
Oct 20th, 2012 - 01:46 pm - Link - Report abuse 0RED CARD!
Oct 20th, 2012 - 02:40 pm - Link - Report abuse 0Shall I explain @7? We're close to the end of October. Argieland has until December to get its figures correct. How to explain a difference of 17% in two months?
Oct 20th, 2012 - 03:04 pm - Link - Report abuse 07 Pirate Love
Oct 20th, 2012 - 07:33 pm - Link - Report abuse 0HAhahahahahahahahahahahahahahahahahahaha!!!!!
Time for TMBOA to take the walk of shame!!
RED CARD!!!
1 Think ..........
Oct 20th, 2012 - 08:03 pm - Link - Report abuse 0I thought you were aware that the Argentine economy had imploded early in 2002.
The next implosion will come soon, it's inevitable. My guess is late 2013 to 2014.
(10) The Chilean perspective
Oct 20th, 2012 - 08:17 pm - Link - Report abuse 0I stand corrected...
So many years of hearing the same Cantinella that i lost perspective....
I should, of course have written:
Whooooooooooooooooot......
Inflation expectation falling in Argentina??
But…, but……, but.................
The Financial Times.......
The Economist.....
Fox News…
Even Yankiboy.....
All have guaranteed me that Argentina would implode very, very soon!
In 2003
In 2004
In 2005
In 2006
In 2007
In 2008
In 2009
In 2010
In 2011
In 2012
In 2013...........................................
What do I do now with all the dollars under my mattress???
Chuckle chuckle©
”And second of all, please do not ask me to do things that only a stupid person would do. I’m not stupid. I’m just a regular guy who made some money. I will neither sell my dollars at the official exchange rate nor at the black market price. Leave them [dollars] where they are as they are well kept.”
Oct 20th, 2012 - 11:03 pm - Link - Report abuse 0Demostrations in London continues protesting the bad economy in the UK!
Oct 21st, 2012 - 09:31 pm - Link - Report abuse 0What to do ? Nothing!
@13
Oct 22nd, 2012 - 12:08 am - Link - Report abuse 0This article is not about the UK. Try reading it.
@11
Why don't you try living here in Argentina and then won't so much shit.
#1 Exactly. Seems Cristina has brought down inflation, so by the standards of the conservatives themselves she must be doing something right!
Oct 29th, 2012 - 02:27 pm - Link - Report abuse 0Commenting for this story is now closed.
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