Argentina expanded 1.9% in 2012; saves 4bn dollars on GDP-growth linked bonds

Saturday, March 16th 2013 - 03:31 UTC

Full article 10 comments

Argentina’s GDP expanded 1.9%, following an increase of 2.1% in the last quarter of 2012, compared to the 8.9% of 2011, according to the official but questioned national stats office Indec release on Friday. Read full article

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Anglotino
No one believes INDEC!

I'm surprised this doesn't have a 'fairytale' tag.
Mar 16th, 2013 - 04:24 am - Link - Report abuse 0
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Pirat-Hunter
CFK work is there to remind everyone her work talks louder then BS. I think we should all give credit where credit is due.
Mar 16th, 2013 - 08:07 am - Link - Report abuse 0
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Orbit
Yes, I agree PH, she's doing a great job. Really great job. A case study for us all.
Mar 16th, 2013 - 10:15 am - Link - Report abuse 0
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Anglotino
@2 Pirat-Hunter

I agree. CFK is due ALL the credit for what is happening and will happen in Argentina.

I don't think anyone will try to take that away from her.
Mar 16th, 2013 - 10:26 am - Link - Report abuse 0
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yankeeboy
Ho convenient they chose to grow the service sector by HUGE amounts in the 4th quarter. Hard to verify those numbers since they're not exported.

Funny with no construction, low low low mfg, falling wine sales, piss poor harvest they have gdp growth.
Methinks someone is fudging numbers
After Crissy is in jail or visiting Hugo, they will find Arg entered into recession in Nov 2011.
All the INDEC number are fake to keep the Nestor myth alive while people are dying due to lack of medicine to keep this myth alive.

I wonder if CFK will be tried for mass murder?
Mar 16th, 2013 - 11:34 am - Link - Report abuse 0
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Conqueror
@2 Still hiding in Canada, P-H? Why don't you go back and join in Crissie's “economic miracle”?
Mar 16th, 2013 - 02:01 pm - Link - Report abuse 0
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Xect
Got to love Pirat-Hunter, its people with his level of intelligence that keep CFK in power.

It's hilarious/scary that anyone can actually believe CFK is successful.

It's like an alternative reality........
Mar 16th, 2013 - 05:54 pm - Link - Report abuse 0
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briton
p.h
you have no more interest in argentina , than you do in the north pole,

Argentina is not your land anymore,

unless you wish to go home and support CFK properly.
Mar 16th, 2013 - 08:41 pm - Link - Report abuse 0
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Ayayay
There's no doubt she'll be remembered by history for “Credit Cards For Food ”.
Mar 17th, 2013 - 08:34 pm - Link - Report abuse 0
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bushpilot
“If 2012 growth had exceeded 3.26%, Argentina would have been obliged to pay roughly 4 billion dollars”

If they fudge the INDEC inflation rates to hold on to bondholder's returns, does it follow that this “under 3.26%” growth rate is a bit circumspect?
Mar 18th, 2013 - 04:06 am - Link - Report abuse 0
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