MercoPress, en Español

Montevideo, April 18th 2024 - 23:27 UTC

 

 

Argentine central bank says it has enough reserves to contain the run on the US dollar

Monday, April 1st 2013 - 10:15 UTC
Full article 121 comments

With insistent rumours of imminent measures to try and control the value of the US dollar in Argentina, Central Bank Governor Mercedes Marcó del Pont, stressed that the country has more than 40 billion dollars in reserves “to manage the foreign exchange market avoiding sharp changes”. Read full article

Comments

Disclaimer & comment rules
  • golfcronie

    Not for long Mercedes, not for long, not a great idea to broadcast it to the world, silly girl.

    Apr 01st, 2013 - 10:24 am - Link - Report abuse 0
  • yankeeboy

    Rg Pols are all over saying “ Devaluation?!” What devaluation? After the election Nah, never going to happen it's just stupid to talk about it.

    Translation:

    Devaluation is imminent
    and it will be huge

    Buy Sugar Rgs Buy Sugar

    I love being right...

    Apr 01st, 2013 - 10:42 am - Link - Report abuse 0
  • golfcronie

    @2
    I was thinking more of the courts in USA knowing they have the funds ( hedge funds ? )

    Apr 01st, 2013 - 10:50 am - Link - Report abuse 0
  • Conqueror

    Surely one question that has to be answered is “How will the ”reserves“ be once you've coughed up the US$1.33 billion?” And then, having had to concede defeat, “How will the ”reserves“ be when the remainder of the debt has to be paid?” And, finally, “How will the ”reserves“ be when the 97% of investors that accepted the restructuring follow the ”argie“ example, repudiate their agreements and demand full payment?”

    Apr 01st, 2013 - 10:56 am - Link - Report abuse 0
  • yankeeboy

    I can claim to have U$40B too but it doesn't make it true. If they can get their hands on U$9B I would be flabbergasted.
    They don't have enough U$ to buy fuel this winter much less support a run on the Peso.
    When the run starts there is nothing that will stop it.
    You can look at any history book to see that
    The Rg pols are just too stupid and arrogant to open a book
    Hyperinflation is guaranteed

    They should start naming the next currency now

    Let's see Peso Gold, New Peso, New Austral...good gracious

    Apr 01st, 2013 - 10:57 am - Link - Report abuse 0
  • warteiner

    Comment removed by the editor.

    Apr 01st, 2013 - 11:14 am - Link - Report abuse 0
  • windy

    People in glass houses should not throw stones.
    I told you all long ago that britain would be downgraded and it was ,and in the next few weeks it will be downgraded again, and yet it continues to borrow between £16 and £20 billion pounds a month.The cuts that come in to play today are a direct atack on the poorest people in the country . And will only deepen the UKs problems of social division ect. In short Argentinas debt is tiny in comparison with the debt that is swamping the UK.

    Apr 01st, 2013 - 11:18 am - Link - Report abuse 0
  • surfer

    Is this the same Argentine govt. that tells us inflation is 11%, exchange rate is 5 to the dollar, we will not pay a cent to the vulture funds etc....

    They're totally delusional.

    Apr 01st, 2013 - 11:19 am - Link - Report abuse 0
  • golfcronie

    @7
    We are dealing with it. Argentina just thinks that inflation will go away.

    Apr 01st, 2013 - 11:31 am - Link - Report abuse 0
  • Anbar

    Time for the ARGs to start buying bitcoin methinks.

    Apr 01st, 2013 - 11:36 am - Link - Report abuse 0
  • windy

    @9 with a bedroom tax that attacks the poor.

    Apr 01st, 2013 - 11:37 am - Link - Report abuse 0
  • yankeeboy

    WIndy, You think Argentina's debt is tiny becuase they are only recognizing a very small portion of what is legally due. If the US Courts rules against Argentina today they'll owe about U$45B in pari passau claims, they owe U$65B in ICSID judgements, U$13B to Paris Club, Est U$20B in Inflation linked bond underpayments..
    That's U$143B that is PAST DUE that any legitimate country would have already paid.
    Shall I go on?

    Apr 01st, 2013 - 11:38 am - Link - Report abuse 0
  • CaptainSilver

    They lie about everything else. No-one should believe this load of twaddle. Arg is going down soon. Locusts in the City have it in their sights. They are all doomed.... and... I put the black spot on them.

    Apr 01st, 2013 - 11:50 am - Link - Report abuse 0
  • windy

    @yankyourtoy No rulings are expected for between 1 and 3 months. Even if those figures you have plucked from the sky were true it would equate to what Britain will borrow in the next 5 to 6 months. Enjoy your next down grade.

    Apr 01st, 2013 - 12:17 pm - Link - Report abuse 0
  • yankeeboy

    WIndy, Argentina is not the UK, and you look retarded trying to compare the two.
    The figures are conservative and PAST DUE.
    I would expect to hear something relatively quickly out of NYC. In fact if I was your gov't I wouldn't x-fer the interest payments today....

    Apr 01st, 2013 - 12:21 pm - Link - Report abuse 0
  • astalavista_b

    trying to fix the exchange rate just pour the foreign reserves of Argentina, it is seen that they do not learn much from previous cash flow economic crisis

    Apr 01st, 2013 - 12:24 pm - Link - Report abuse 0
  • Condorito

    @windy
    Do you live in the UK?

    I ask because when I worked there I never saw the “poor”.
    There are no poor in a country with GDP / head of $38k

    I read at the weekend that the new allowance reforms would cap the maximum a person can obtain in benefits to....wait for it... £26,000 !!!

    That is almost $40k for doing nothing. How many “poor” people have been getting more than that if it now needs to be capped in order to save money?

    It makes my heart bleed, all those “poor” people in free houses with free health care and free schools getting paid for not working.

    Apr 01st, 2013 - 12:36 pm - Link - Report abuse 0
  • mastershakejb

    @7
    “and in the next few weeks it will be downgraded again” Just need to clarify your bullshit: other agencies may follow suit and also downgrade Britain, to AA+, but no one is going to downgrade it further...not any time soon anyway. Meanwhile, Argetina is currently one notch above actual default. The difference there is more than night and day; its night and day on different planets.

    Argentina is horribly fucked, as it has been every decade since 1960. Time to wake up and smell reality, god knows there's enough history for you to learn from.

    Apr 01st, 2013 - 01:07 pm - Link - Report abuse 0
  • Shed-time

    What people like Yankeeboy, when they're not putting money into IRA buckets on St. Patrick's day, fail to tell you is that the UK still owes £40bn [adjusted by the growth of GDP brings it to £225bn] in WW1 debts.

    What are we going to do when Yankeeboy's bff Billionaire Paul Singer comes a knocking for repayment? Because let's face it, he will.

    And Yankeeboy & co, with all their lack of any tangible support over democratic rights to people, will suddenly be laughing at their predictions over the UK default on that debt.

    Such a 'special' relationship we have.

    [1] http://news.bbc.co.uk/1/hi/magazine/4757181.stm

    Apr 01st, 2013 - 01:08 pm - Link - Report abuse 0
  • yankeeboy

    Can anyone make sense of Post 19's rantings?
    Anyone got a link for crazy to normal translations?
    I am baffled.

    Apr 01st, 2013 - 01:12 pm - Link - Report abuse 0
  • mastershakejb

    @19 Retarded Dumbshit Nutcase
    How long did it take you to find that article from 2006? LOL I bet you spent hours googling about Britain's debts. Unfortunately for you, those WW1 loans are pretty much forgotten about..........Argentina's loans, on the other hand, are on today's front page! Argentina is fucked! same as every decade since 1960

    Apr 01st, 2013 - 01:19 pm - Link - Report abuse 0
  • Also Add

    Time to go back to your Shed, shed-time. Time out for shed-dwelling nutcase.

    Apr 01st, 2013 - 01:20 pm - Link - Report abuse 0
  • ChrisR

    Windy is a Brit who claims to live in AR.

    However, he could not get into anywhere else because of his past problems with the Law but AR took him without a problem. I bet he is grade 1+ on the immigration qualification list!

    Apr 01st, 2013 - 01:31 pm - Link - Report abuse 0
  • CaptainSilver

    Condorito has it correct. There are no real poor in the UK, but we do still have too many scroungers that take advantage of a lax benefit system. The present government is tacking this at last. Everyone on disability benefit was invited to an interview to continue to get it and 875,000 or 1/3 chose not to and lost the benefit - scroungers! When I interview prospective employees sent from the jobcentre many admit they are only attending an interview so that they can stay on benefits - scroungers. People with massive or expensive council houses getting housing benefit - more scroungers. The £25,000 cap is great it will get all the scroingers out of central London. Britain has massive debts caused by a socialist paradise created by an incompetent government that was a friend to scroungers and by failing to regulate the banksters in the City. The rest of us are paying for these misdeeds. But, we give the greatest proportion of our GDP in foreign aid of any developed nation. The British people are kind peaceful and generous. We love to travel and enjoy other cultures. It's a pity we seem at odds with so many countries in SA, but that's probably because we see them making the same mistakes as our own socialists who no longer have power.

    Apr 01st, 2013 - 01:31 pm - Link - Report abuse 0
  • Shed-time

    @21 As I said, they're forgotten for now. That paper is probably being hoovered up en mass by Yankeeboy's B.F.F. Paul Singer and then in a few years we'll be sat in some dock in USA explaining why it remains unpaid. You can call me a nutcase, but quite frankly I would prefer to call it devil's advocacy.

    No doubt Yankeeboy will then be laughing at us, and our 'special' (as in special child) relationship with the USA.

    Apr 01st, 2013 - 01:33 pm - Link - Report abuse 0
  • Condorito

    I don't think that really was Shed @19

    Anyhow, the linked articles says that there are debts going back to the Napoleonic wars and that on balance the UK is owed much more than it owes and it is all pretty irrelevant because the debts are all in limbo.

    Apr 01st, 2013 - 01:33 pm - Link - Report abuse 0
  • Also Add

    Shed-time, your name is so accurate. You spend a lot of time-out in your shed, don't you? Is that where your parents keep you to avoid embarrassment/humiliation? Do they lock you inside?

    Apr 01st, 2013 - 01:40 pm - Link - Report abuse 0
  • Shed-time

    @26 Well, some sense has returned to the threat. Mr Condorito, that's precisely my point. While we're all here laughing about Argentina we should be 100% sure that we're not piling up stones in this little glass house of ours. Mr Singer seems quite adept at gathering up old debts, and so we should make darned sure that our hatches are battened down.

    Given the current US administrations dislike of the UK and their usage of non-american companies like ATMs it would make sense to find out.

    Apr 01st, 2013 - 01:41 pm - Link - Report abuse 0
  • Anbar

    “”Given the current US administrations dislike of the UK and their usage of non-american companies like ATMs it would make sense to find out.“”

    yup, I wouldnt trust the USA as far as I could spit them atm.

    ---

    Why is windy just like the other CFK fans in supposing that pointing out other peoples problems is some sort of “cure” for theirs?

    Its bizarre - pointing to another country and saying “they're as bad, or worse, than we are!” does NOT make your own problems go away ffs.

    Britain's in a Labour-induced economic meltdown, totally agree, unsustainable levels of debt, no argument at all.

    But how the hell does that make Argentina's economic problems “go away”????

    If you cant afford to pay your debts then you are screwed, regardless of how many other countries are in the same position.

    Apr 01st, 2013 - 01:53 pm - Link - Report abuse 0
  • Condorito

    @28 Shed
    Yes I see where you are coming from on that. I suppose there is some theoretical risk. I have said continually on this forum that a victory for Singer is bad news. To be fair to yankeeboy (who I disagree with on the holdout issue) he would appear to be a very pro UK Republican and would probably agree with you on most things you say.

    Apr 01st, 2013 - 01:58 pm - Link - Report abuse 0
  • Shed-time

    @29 New Labour (Third-way socialist-façaded naked corporatism) basically took out loans against all the youngest generation in order to pay for a vision of how successful they were and then as soon as the veil fell away, they all ran off to their hidden friends at Newscorp to be god-parents, convert to their real religions, and work for banks whilst trying to get mega-rich. Even thinking about the New Labour movement makes me sick into my mouth, even the current bunch run by Ed “Mansions” Milliband and Ed “Mansions” Balls.

    All I was trying to say was that we're all sat here laughing at the economic demise of Argentina, without truly considering where Mr Singer is going to let his Eye fall from his dark tower next.

    I'm saying it's going to be the UK.

    Apr 01st, 2013 - 02:01 pm - Link - Report abuse 0
  • darragh

    actually it doesn't take much effort to discover that Russia, France and Italy have never repayed Britain £1.37 billion pounds of debts from WW1. THat Britain has not repaid Australia and India for WW1 loans that the US has not repaid loans from Britain during the American Civil War and so on..and so on.

    What I do know is that a couple of years ago when Ireland (my home country) was on the brink of going down the toilet it was the Brits who stepped in and leant us £7 billion without conditions.

    Help from Germany - nil
    Help from France - nil
    Help from USA - nil
    Help from Argentina - nil

    Since then we have had to accept strangulation from the Eurozone, IMF etc but now we are starting to recover a little but I for one will not forget who helped when we were desperate.

    Yes, I know that it wasn't pure altruism on Britain's part as Ireland is Britain's largest European trading partner but that's not the point.

    Apr 01st, 2013 - 02:03 pm - Link - Report abuse 0
  • yankeeboy

    Obama is a liar and a weasle don't trust him for anything.
    Hopefully in 2014 Senate will turn Republican and we can get back on track.
    If History is any guide we should also get a Repub Prez in 2016.

    One can only hope at this point.

    Apr 01st, 2013 - 02:08 pm - Link - Report abuse 0
  • CaptainSilver

    Well, at least the UK has a plan to get the debt under control and is not having to use price controls or fake bankruptcy to renege on debts. The UK has been a magnet for scroungers but that's coming to an end. The difference is that Argentina seems to be sleepwalking into massive problems again. There is no-one of any credibility or competence that seems able to tackle the economic problems sensibly.

    Apr 01st, 2013 - 02:10 pm - Link - Report abuse 0
  • andy65

    @windy You are making yourself look stupid arguing with yankeeboy belivec me he knows what he is talking about.

    Apr 01st, 2013 - 02:13 pm - Link - Report abuse 0
  • Shed-time

    @32 I agree that it's acceptable while everyone is holding unpaid loans against each other. However, what if these unpaid loans were somehow sold in part to a third party who had reason to call them in, in neo-usurous terms they were sold to a debt collector who bought them for pennies on the pound and tried to realise these loans in court.

    Paul Singer & his cronies clearly aren't going to let this show end with just Argentina. We know the USA has a dislike of the UK and seemingly UK companies. According to the americans on the thread, there is simply no moral or ethical case for them NOT turning on the UK next.

    I would still be careful about laughing at the Argentines in this situation.

    Apr 01st, 2013 - 02:22 pm - Link - Report abuse 0
  • Condorito

    @Shed
    “I'm saying it's going to be the UK.”

    I doubt that. He needs to go after easy targets that fall into US legal jurisdictional. Think about it, he couldn't make the Libertad thing stick.

    Apr 01st, 2013 - 02:25 pm - Link - Report abuse 0
  • mastershakejb

    36 Shed-time
    You are as dumb as a bag of rocks. Singer is a private entity, the British world war 1 debt held by USA is that of government, not private.
    Your stupidity is AMAZING. Paul Singer has nothing to do with money the British Gov owes USA for WW1, nor is it even possible for him to EVER have anything to do with it. Are you capable of fathoming the difference between government held and private held debt? Unbelievable.
    Go back to your shed for a time-out, dumbass retarded nutcase

    Apr 01st, 2013 - 02:28 pm - Link - Report abuse 0
  • ElaineB

    I can't say I disagree with Shed-times view of New Labour. History will not be kind to that government. Some of us could see where it was going from the start but many British people jumped willingly onboard for the ride to short-term wealth. I can see some parallels with aspects of populist governments in SoAm.

    I just returned to Chile from Mendoza and the general feeling there was that the country is screwed. Primarily people were concerned with rising inflation and rising crime, the two factors that affect every. single. person. on a daily basis. Many are still not aware of the bigger picture.

    Apr 01st, 2013 - 02:33 pm - Link - Report abuse 0
  • Shed-time

    @37 I'd be checking if approx £225bil in WW1 fell into US legal jurisdiction. I don't think saying 'special relationship' is going to stop Mr Singer, and neither would any seemingly valid moral argument.

    Apparently the US courts are currently trying to impound Russian government owned assets over a similar argument over some art. UK assets would be next.

    Apr 01st, 2013 - 02:34 pm - Link - Report abuse 0
  • darragh

    @36

    Pie-in-the-sky

    Nobody would be stupid enough to buy-up 100/200 year old debts

    @33 I hate to say it but Obama has been a great disappointment to me. He talks a good game then.........

    Apr 01st, 2013 - 02:36 pm - Link - Report abuse 0
  • Also Add

    Jesus Christ, you dumbshit, pie in the sky Shed-Time
    Singer has NOTHING to do with WW1 debt. Nor will he ever, nor can he ever. That debt is owed to US gov, not to private entities!!! You are dumb as FUCK!

    Apr 01st, 2013 - 02:39 pm - Link - Report abuse 0
  • mastershakejb

    shed-time
    Time for you to go back to your shed. Time out in the shed
    Are you capable of understanding that the US gov holds UK's WW1 debt, not private entities? Are you capable of understanding Singer never has, never will, and never can have any thing to do with that debt?
    No.....I guess you aren't capable of understanding that, since you believe in pie in the sky bible tales.

    Apr 01st, 2013 - 02:42 pm - Link - Report abuse 0
  • Shed-time

    @38 Putting your rudeness aside for one moment, I'm not sure if the owners of the 'liberty bonds' were ever paid, and other than Finland they all defaulted on payment of these bonds following the 1931 Hoover Moratorium. If the bonds were sold in the US on behalf of the foreign governments by the USA then I guess it's less of an issue for the UK.

    The question still stands, who is next after Argentina? We'll all be surprised when we find out, I fear.

    Apr 01st, 2013 - 02:47 pm - Link - Report abuse 0
  • Also Add

    Shed-time appears to be as educated and intelligent as an Argie. I'm starting to wonder if you secretly aren't actually one.

    Apr 01st, 2013 - 02:48 pm - Link - Report abuse 0
  • Condorito

    @ mastershakejb / Also Add
    Shed is one of the most consistent posters on this forum. Why all the histrionics just because you disagree with him on this one issue?

    Apr 01st, 2013 - 02:57 pm - Link - Report abuse 0
  • Shed-time

    @45 “The quality of mercy is not strain'd,
    It droppeth as the gentle rain from heaven
    Upon the place beneath: it is twice bless’d;
    It blesseth him that gives and him that takes.”, Portia, Scene 1, act IV.

    Why would I be an argentine? I'm simply saying that the USA and its people have no love for the UK, and we're all laughing with them about the economic demise of Argentina whilst we should probably be resolving if we are in fact next.

    Don't expect any mercy from these people once the hammer strokes, and unlike Portia you'll not be able to use venician laws about the spilling of specific types of blood.

    Apr 01st, 2013 - 02:59 pm - Link - Report abuse 0
  • Also Add

    46, lol being consistently screenstaring is not a GOOD sign of mental health. Nor is his religious beliefs. Nor is the fact that he can't differentiate between the difference of government held and privately held debt. There's no way the WW1 debt could ever become private, ever become property of Singer.
    He's mentally ill and deficient.

    Apr 01st, 2013 - 03:02 pm - Link - Report abuse 0
  • Shed-time

    @48 Yes, I'm religious, and if this means I am mentally ill and deficient then so be it. You don't seem to have any problems with Paul Singer's religious views, but that just shows you as being inconsistent.

    You still haven't said if the liberty bonds were sold directly by the US government or if the individual governments sold liberty bonds within the US as a way of gathering funds for the war.

    Either way, my point stands.... who is next? the UK?

    Apr 01st, 2013 - 03:17 pm - Link - Report abuse 0
  • Condorito

    @48
    “Nor is his religious beliefs”

    I haven't seen any espoused.
    ...
    Anyhow, the action of these groups that purchase distressed securities is unsavory, unhelpful and in some cases morally wrong. Yeah, I know, who cares, right?

    Apr 01st, 2013 - 03:17 pm - Link - Report abuse 0
  • Also Add

    haha Shed-time
    I never said I like Singer, or agree with him. What I said, was that there's no way in hell, he, nor any other private party will ever own the US WW1 debt from UK. My point is accurate, and you're a nutcase and mentally deficient.

    Apr 01st, 2013 - 03:23 pm - Link - Report abuse 0
  • mastershakejb

    49 Shed-time
    OMFG, you are fucking RETARDED as shit!
    The liberty bond issuer was the USA, and the holders were US citizens. Therefor the debt has nothing to do with UK, you dumbshit! The issuer was US gov, not UK, what the FUCK is wrong with your brain???!!!!!

    Apr 01st, 2013 - 03:28 pm - Link - Report abuse 0
  • Conqueror

    @19 Did you forget to mention the £2.3 billion Britain is OWED. Adjusted that comes to £104 billion as of 2006. So if the countries that still owe US money, debts that haven't been serviced since 1934, would like to pay up, I've no doubt we'll be glad to give some it to the USA. Incidentally, when do you think the USA will be paying Britain for some technology it “acquired”? Like radar, sonar, jet engines and jet aircraft technology. Although, when you read up on the FACTS, it turns out that the jet aircraft technology was actually STOLEN.
    @32 Thank you, darragh. It's nice to know that there is at least one Irish person who isn't consumed by anti-British hatred. Strange to think that, when approached properly, Britain was happy to agree to Irish independence. And that, for the most part, Britain and Ireland have remained “friends”. That Irish people, for some unknown reason, not only have the right to travel freely to all parts of the UK, but even take part in UK internal political processes. Still, it's not right that your “Travellers” should have the “right” to enter our country, use our public services, ruin our countryside and pay nothing for the privilege. Could you take them back please?
    @40 You need to think “big picture”. For a start, take a look at the BAE slice of the US defence industry. A large part of the F-35 project. BAE supplies the Bradley fighting vehicle. The vaunted US Abrams tank has British armour. Three “projects” with, at best, 2 companies. Let's suppose Singer, or someone like him, tries to “go after” the UK government. What happens when the UK government tells the US government “If this goes ahead, every British company will withdraw from any US ”project“. All US bases in Britain will be closed. The US will be required to withdraw from every British territory anywhere in the world. Examples: withdrawal from Diego Garcia and Ascension Island. No longer welcome in Gibraltar.” And could Britain say ”We'll replace you (the US) with Russia?”

    Apr 01st, 2013 - 03:29 pm - Link - Report abuse 0
  • CaptainSilver

    Shed is beginning to remind me of Think... Argues patently ridiculous points and concentrates on changing the subject. Look for spaces....

    What's your bet on how long Arg has got?

    Elaines comment is very valid, rising inflation, even worse rising crime and inability to lay your hands on a stable currency. Here come the Generals....

    Apr 01st, 2013 - 03:30 pm - Link - Report abuse 0
  • Shed-time

    @51 Yes, yes, my personal state of mental distress causing me to have quite frankly logical-or-illogical beliefs in a being that created the all the beauty in this world and provides me with guidance on moral issues. Any more?

    So, given that you don't have a clue, I just read that the WW1 liberty bonds were US Treasury Bonds. The 9/11 liberty bonds were not. I can see why I got confused, and thanks for your lack of answer.

    @50 A lot of legal things are unsavoury. Lawyers need them to be unsavoury so they can spend hours in court burning up legal aid to ensure someone who hates everything about the UK can stay in the UK with his eight wives. Meanwhile a guy who shot an armed burglar gets to go to prison for decades.

    Apr 01st, 2013 - 03:33 pm - Link - Report abuse 0
  • mastershakejb

    @ 54, yea I'm starting to suspect Shed's actually an Argie in disguise.

    @55, wtf are you even blathering about this time? I already said that the issuer of Liberty Bonds was USA....as ANYONE with a functioning internet can search and find out, or anyone with a functioning brain already knew. So what the fuck are you rambling about now?

    Apr 01st, 2013 - 03:35 pm - Link - Report abuse 0
  • Also Add

    @55 First you were talking about UK gov to US gov debt, now you're talking about Liberty Bonds? WTF is wrong with your brain dude? Do you have ANY clue what you're trying to say/assert?

    Apr 01st, 2013 - 03:38 pm - Link - Report abuse 0
  • Shed-time

    @53 That makes sense. However, it does require us gaining a pair of balls.

    I like most British people would also have voted for Irish independence, as quite frankly only the political process and not the war led to this outcome. I would also vote for Scottish independence if I was asked, and in turn Welsh independence. The whole point of the UK was to have a group of home nations that wanted to work together for a combined gain. If people don't want to be in that party any longer then I see no issue with letting them leave.

    I remember when I was younger some local 'Irish' travellers stole the copper pipes off the back of the local supermarket causing all the freezers to defrost. It was awful. It does make me wonder why their illegalities remain untaxed.

    @54 Maybe I'm just bored of this 'kicking the can down the road' topic whilst the americans get into some kind of self-fellatory foam whilst simultaneously pretending they care about important things like democracy of the falklands.

    It's like people in the UK have all forgotten Paul Singer's NYC buddy George Soros and the profiteering during Black Wednesday.

    Apr 01st, 2013 - 03:51 pm - Link - Report abuse 0
  • ChrisR

    58 Shed-time

    George Soros taught the idiots running the UK that they could not buck the market.

    It was a costly lesson for them to learn, but you and I paid for it. Anyone who had a modicum of intelligence and a little experience of markets (as the government should) could have handled it and had the speculators burned instead of us.

    Don’t blame people with money, brains and guts for the weaknesses and vanity of politicians.

    Apr 01st, 2013 - 04:18 pm - Link - Report abuse 0
  • Also Add

    @ 58, congratulations on again changing the subject. You still haven't addressed your changing from gov to gov debt, to liberty bonds, nor any of the other changes. Now you're trying to assert that Soros and Singer are friends just because they both reside in New York and are investors? Soros is notoriously anti-Bush/anti-republican......whereas Singer is the exact opposite.

    So I ask again, what is wrong with your brain? If you hate capitalism so much, go back to Argentina, your home country, Argie nutter, back to the shed with you for a time out, shed-time.

    Apr 01st, 2013 - 04:29 pm - Link - Report abuse 0
  • CaptainSilver

    Short Argie companies - dead cert.... Ten pesos to a $ soon, that will spook the markets big time. After that its a feeding frenzy and the spiral. Food riots, looting, get your cash out now

    Apr 01st, 2013 - 04:36 pm - Link - Report abuse 0
  • Shed-time

    @59 Even an evangelical militant humanist like yourself would appreciate that after Singer has finished with Argentina, 'the eye of sauron' will have to fall somewhere else. That next place could very well be the UK, the country you abandoned. (I'm not sure how you're paying for these political mistakes from Uruguay)

    Apr 01st, 2013 - 04:40 pm - Link - Report abuse 0
  • Also Add

    @ 58, congratulations on again changing the subject. You still haven't addressed your changing from gov to gov debt, to liberty bonds, nor any of the other changes. Now you're trying to assert that Soros and Singer are friends just because they both reside in New York and are investors? Soros is notoriously anti-Bush/anti-republican......whereas Singer is the exact opposite.

    So I ask again, what is wrong with your brain? If you hate capitalism so much, go back to Argentina, your home country, Argie nutter, back to the shed with you for a time out, shed-time.

    Apr 01st, 2013 - 04:53 pm - Link - Report abuse 0
  • Shed-time

    @63 Liberty bonds were the mechanism by which the USA found money for lending to other countries. I said I didn't know if they were sold by the US government or sold by the indebted countries within US markets. Then I found that they were US treasury bonds, therefore the former. You said little.

    I think most people espouse 'checked' capitalism. Some kind of nihilistic capitalism, where you can buy everything from slaves to weaponry isn't really something I espouse, however. Suggesting that I don't love capitalism because of this isn't a valid argument and that's what Charles Dickens was laughing at in pretty much all of his novels (you wouldn't know that though). Given Dickens's commentaries on financial and social distress are seen as classics, I would hardly see my own beliefs as being too off-the-wall.

    That's not me taking things off subject.

    Apr 01st, 2013 - 05:15 pm - Link - Report abuse 0
  • bushpilot

    @64

    So, what are all the things you “like” about capitalism?

    Apr 01st, 2013 - 06:50 pm - Link - Report abuse 0
  • Anbar

    Long term without some far more “serious” changes in economics the UK will go bust anyway - i deeply resent the fact that every single adult in the uk is effectively £17,000.00 in debt because of irresponsible government spending (hello new labour and the whole “hands-off” to the city of london *cough cough*)

    And it wont surprise me if the rating goes down, though it will never go as low as Argentinas... thats kinda irrelevant: it only has to go as it needs to to do harm to the UK economy.

    WHich is a point that many of the so-claimed Argentine posters on here (and their sock-puppets like DoverOverDover) cant seem to grasp: Your political system is on a permanent cycle of self-destruction through self-deceipt, Peronism always = economic failure.

    (A bit like Labour governments love to spend money they dont have in the UK)

    The key difference is that in the UK we have other parties, in Argentina you just have different flavors of Peronism, and all of them are self-destructive...and, perhaps more importantly, self-delusional..just look at the mad situation you have with the IMF and economic figures that everybody knows are totally made up rubbish.

    SO some of you swallow the bullshit nationalist “solution” of your government pointing to a few rocks and saying “They're ours!” or the Malvo-nutters who just point fingers elsewhere and shout “They're just as bad!”.

    It wont help YOUR situation.... ban Peronism: that will.

    (As will shooting CFK and her filthy rich & catflap cronies )

    Apr 01st, 2013 - 06:50 pm - Link - Report abuse 0
  • darragh

    @53

    Take my word for it - “Irish Travellers” are a fecking pain wherever they are.

    They are an embarassment to decent Irish people and I accept that Britain, France, Italy etc should be able to put them on the first boat back.

    As for anti-British sentiment in Ireland it certainly exists but is less so in younger people (except for football and rugby) than in the older people who have chips on their shoulders about the past - although it didn't stop them going to Britain to work.

    Apr 01st, 2013 - 07:00 pm - Link - Report abuse 0
  • Shed-time

    @65 Using the terms of Adam Smith, the division of labour means I don't have to be a subsistence farmer tilling my fields every day. That's quite a good thing. What do you like about it?

    @66 I completely agree about peronism. Sadly, following the last few governments, the UK is a bit of a one-legged horse these days with everyone clinging to the City of London to like dying parasites. In this state the country has no options but to offer up its rear to a succession of financial institutions in exchange for the few shekels they feel like giving us. We desperately need another three legs, and no government seems to see this.

    Apr 01st, 2013 - 07:03 pm - Link - Report abuse 0
  • Pirate Love

    “Argentine central bank says it has enough reserves to contain the run on the US dollar”,

    April fools day...HAHAhahah....you nearly got me then mercopress!!!

    Apr 01st, 2013 - 07:06 pm - Link - Report abuse 0
  • Shed-time

    @69 LOL

    Apr 01st, 2013 - 07:12 pm - Link - Report abuse 0
  • briton

    Meanwhile back on blogg,
    The cats out
    And Argies have 40 billion to spare,
    So
    No excuse,
    Pay your debts and stop changing the subject and condemning Great Britain,

    Your envy and jealousy is admirable but un necessary.
    mmmmmmmmmmm
    .

    Apr 01st, 2013 - 07:24 pm - Link - Report abuse 0
  • slattzzz

    April fools she meant pesos

    Apr 01st, 2013 - 07:48 pm - Link - Report abuse 0
  • Frankdrebin

    To the people who are slagging off New Labour they must have short memories.

    When labour took over in 1997 the country was left in a right state by the Tories after they de-industrialised the country during the 80’s and early 90’s

    As for the Americans the two things I don’t like about them

    They stuck the knife in during and after the WW2 and bled us (British) white. Remember both Japan and Germany declared war on America first. Our yankee cousins were happy to see us fight alone and profit.

    IRA funding. For years American governments turned a blind eye to Irish Americans funding the IRA, too scared of an Irish American voter backlash if they put a stop to it. Funding terrorists to plant bombs and kill innocent people in a country you regard as your closest ally, nice! One good thing to come of 9/11 that pretty much put a stop to US IRA funding, it’s not nice when people blow up your country is it?

    WE OWE AMERICA NOTHING!

    Just my 2p worth

    Apr 01st, 2013 - 08:40 pm - Link - Report abuse 0
  • Shed-time

    @73 In the eyes of the people in this forum, the people of Manchester were very happy for the crater that those nice folks in the USA paid for. They thought it was very generous of them. Any suggestion otherwise is simply blasphemy.

    vive la relation spéciale!

    Apr 01st, 2013 - 08:52 pm - Link - Report abuse 0
  • slattzzz

    @73 I agree millions of $ came from US to support nasty little IRA twats, I don't know if they understoud the full implefications of what they were doing (i was on recieviving end).

    Apr 01st, 2013 - 09:04 pm - Link - Report abuse 0
  • Frankdrebin

    @74 it’s a pity they missed Thatcher in 84

    Apr 01st, 2013 - 09:05 pm - Link - Report abuse 0
  • slattzzz

    @76 really if thats what you think then crack on

    Apr 01st, 2013 - 09:07 pm - Link - Report abuse 0
  • Frankdrebin

    @77 Well it is what I think but said with tongue in cheek. If you lived in the north east during the 80’s and 90’s and seen the effects of what that lady did you would agree with me.

    Apr 01st, 2013 - 09:13 pm - Link - Report abuse 0
  • yankeeboy

    Wow did someone leave the computer room open at the Insane Asylum?

    It is really getting weird around here...

    Apr 01st, 2013 - 09:14 pm - Link - Report abuse 0
  • Shed-time

    @75 When they were putting their coins and notes into the green buckets on St Patricks day they were fully aware that the money was going to kill British people like you and I.

    vive la relation spéciale!

    Apr 01st, 2013 - 09:17 pm - Link - Report abuse 0
  • Gordo1

    Well, she would have to say that, wouldn't she? I do not believe one word from the Argentine officials about their economy - do they believe it themselves?

    Apr 01st, 2013 - 09:28 pm - Link - Report abuse 0
  • ChrisR

    62 Shed-time

    I still pay taxes in the UK. There, that was not difficult to work out was it?

    76 Frankdrebin

    Not only is that a despicable thing to say about any Brit at the hands of the cnuts in the IRA you show your complete ignorance of the trouble that Lady Thatcher got us out off with the Labour party cosying up to the unions.

    Do you not remember lines of women with children to hand waiting for ONE loaf a day, the dead having to be put into reefers (look it up) because the morons at the council were on strike?

    And you understand nothing of the financial legacy the Conservatives left to the cnut 'Trust Me Tony', who with the Scottish Cnut’ Brown (to quote Jeremy Clarkson) who promptly spent and spent and spent.

    It was supposed to be ‘education, education, education’, just look at what they did to that.

    My dogs shit better things than anybody who voted New Labour.

    Apr 01st, 2013 - 09:35 pm - Link - Report abuse 0
  • axel arg

    IT'S STILL NECESARY.
    I have said the same than president marcó del pont for the last five years, however, it seems it's still necesary to continue rebating many of the lies and distortions published in the decadent reports by mediocre journalists who make such partial analysis in most their editorials, not just in argentina, but in other countries too.
    There are many ignorants in this forum who pretend to tell us what to do, in order to diminish the inflation level, however the knowledge that all those people have about argentina, is not more than the tipicall distorted and too partial information, which is characteristic of imperailsts nations, especially when they refer to the leftist governments from latin america.
    It's still necesary to remind all those ignorants, who predict economic disasters for argentina, or those who have such partial information about our situation, and at the same time they advice us about what our government should do, that the capitals flight since 2007 untill 2011 was much bigger than the capitals flight that happened during the dictatorship, the decades of the 80's and the 90's, and the crisis of 2001.
    However the big difference among the capitals flight since 2007 untill 2011 and all the others, is that the last one didn't provoke any social and economic crisis in the country, like in all the rest of the periods i mentioned.
    It shows that despite all the structural problems that our economy still has, and beyond the deep int. crisis, which started in u. s. a., our economy is very solid, that's why c. f. k's govt. could tolerate six intentions of financial coup d'etats, and the economy didn't collapse like in all the rest of the crisis.
    Argentina has a very dramatic experience in relation to economic disasters, that's why some people think that if the illegal dollar rases it's quotation, the economy is going to collapse, the big problem of all those people is missinformation. There is a lot more to say about all this question.

    Apr 01st, 2013 - 09:37 pm - Link - Report abuse 0
  • Shed-time

    @82 I stand corrected, please accept my apologies.

    Apr 01st, 2013 - 09:44 pm - Link - Report abuse 0
  • yankeeboy

    83. Nice to be taught history and economics by someone making less than U$500 a month.
    I don't listen to stock advice from my maid either.

    Apr 01st, 2013 - 10:04 pm - Link - Report abuse 0
  • Frankdrebin

    @82

    If you read my post Chris you’ll find it was said with tongue in cheek, in other words a joke.

    Thatcher was evil to working class people. To the millions she put on the dole after she went to war on the unions and de-industrialised this once great country. I do agree she stood up to the IRA and against communism during the cold war but that’s it. She wrecked this country.

    As for spend spend spend how is that a bad thing? Tell that to the school children in the four ultra modern secondary schools near me re-built under a Labour government.

    My cat Mittens spews up better than anyone who voted Tory or Lib Dem.

    Just my humble opinion.

    Frankie

    Apr 01st, 2013 - 10:07 pm - Link - Report abuse 0
  • Shed-time

    @86 It's a bad thing because we never actually had any money. Even home economics teaches you that if you, as a family, have no money and you spend spend spend through borrowing, then it's only a matter of time before Mr Gold comes a knocking for your kneecaps.

    Apr 01st, 2013 - 10:10 pm - Link - Report abuse 0
  • Frankdrebin

    @87 Well I agree with you, we did spend beyond our means but a lot of countries are in the same boat as we are. At least some good came out of the spending, this was the point I was trying to make lol.

    Apr 01st, 2013 - 10:21 pm - Link - Report abuse 0
  • CaptainSilver

    Mrs T was like the curates egg...good in parts. As for LA econonomics, its always tended to be a basket case and it holds various countries back. It's not the resources, its just people who often seem to be their own worst enemies. It's also present in their lands of origins, Spain, Italy, the Club Med. Poor work ethic, lack of innovation, economic ineptitude. All this fuss and energy wasted on regaining the Falklands, a lost cause, could have been concentrated on making Arg a better country. It's pathetic

    Apr 01st, 2013 - 10:27 pm - Link - Report abuse 0
  • Shed-time

    @88 I agree, that if you're going to borrow money to generate a stimulus, or you have to borrow money and spend it then it's best spent on infrastructure (schools, rail, ports, airports, etc.) which lasts for generations or you create a development bank that lends the money to small innovative enterprises at good rates. Stimulating the economy through new labour's bloating the civil service and fail-projects (ID cards, NHS databases) or conservatives's just handing it over to banks through buying back of bonds at terrible rates, well neither of these methods do anything. It's good that you have nice schools, but it still doesn't make new labour economics anything better than a national car crash.

    @89 If those LA people just made friends with the Falklands, they could get on with protecting their fisheries from the Chinese. Sadly, they're unlikely to have any fish soon.

    Apr 01st, 2013 - 10:36 pm - Link - Report abuse 0
  • Anbar

    “”Thatcher was evil to working class people. To the millions she put on the dole after she went to war on the unions and de-industrialised this once great country.“”

    You mean the decrepit under-performing nationalised drains on the nations resources she chopped-up and sold of to make way for companies that actually made money, revitalised the entire nation and killed-off the utterly ridiculous and unrepresentative powers of militant Labor Unions?

    yeah, REAL disaster /em rolls eyes

    Also I REALLY wish we still had those all those funky nice-looking well-made British cars from our lovely money-producing factories... cars..ohm hang on, they were all rather shit and you could get far better much cheaper from elsewhere couldnt you?

    deep deep loss they were.

    the miner's strike was a godsend anyway - paid for many a policeman's house in double and triple-time I can tell you.

    (that'll put the cat out there! ¬_¬)

    Apr 01st, 2013 - 11:07 pm - Link - Report abuse 0
  • Welsh Wizard

    Hmmmmm...whenever governments start talking about a run on the banks then you tend to find that there is a run aon the banks at somepoint.

    on another note, there were some pretty shocking figures that came out regarding energy:

    “The analyzed data belong to the Energy Secretariat itself: while oil production fell by 6.5% between January and February this year, compared with the same two months last year, the gas also fell nearly 7% in that period.

    ”The fall in gas production by 7% imports will rise. 75% of the gas used in the country is locally produced and 25% is for imports. If local production falls, that will cause greater imports. If the trend persists, we headed to imports of U.S. $ 14,000 million, “he told the former Secretary of Energy half Alieto Guadagni.

    Electricity companies felt the impact in recent years of the crisis of energy production that exists in Argentina. According to La Nacion published in its morning edition, Edesur had losses of 801 million pesos, 70% more than in 2011, while Edelap, the distributor of La Plata, threw 221 million loss, 60% more than in the previous year.

    The gas is even worse: according to Metrogas morning last year lost more than 134% in 2011 and Camuzzi Gas Pampeana recorded losses of 48.1 million pesos last year, nearly four times more than in 2011.”

    Ok, technically the gov MAY have enough money to cover just a run in itself but I doubt they would be able to meet heir other obligations at the same time. Vultures are circling

    Apr 02nd, 2013 - 08:43 am - Link - Report abuse 0
  • agent999

    Delays in unloading LNG running at +19 days.

    For the type of contract and the problems facing the country to access external funding, LNG deliveries must be paid in full before the boats begin to unload the fuel.

    http://www.ieco.clarin.com/economia/demoras-dias-descargas-gas-licuado_0_893910628.html

    Apr 02nd, 2013 - 11:08 am - Link - Report abuse 0
  • yankeeboy

    93. As I have been saying their out of U$!
    U$ 40B my foot!
    They don't have enough to scrape together to pay for gas! Just wait until the weather gets cold.
    Good gracious what an awful place.

    Apr 02nd, 2013 - 12:18 pm - Link - Report abuse 0
  • Orbit

    @93 ... Interesting ... ”The arrears also reflect the growing misunderstandings between Enarsa, YPF (the intermediary bids LNG supplies) and the Ministry of Finance must authorize the remittance of funds.”

    So how do two state owned companies and the government misunderstand each other...

    Enarsa: We need some dollars please, ship is in port already, thanks.

    MoF: Sorry, no can do.

    Enarsa: No, you don't understand, we need to pay the bills otherwise the cargo will not be unloaded.

    MoF: No, you misunderstand me, we don't have any money.

    Enarsa: Oh.

    Apr 02nd, 2013 - 12:25 pm - Link - Report abuse 0
  • yankeeboy

    95. I think the conversation would go more like this:

    Axel we have no U$ to pay for the gas in port
    Ask them to unload it and we'll get them the money shortly
    Um they said no it's COD
    Ask them if they'll take SOY
    Um, After they stopped laughing they hung up
    Ask them if they'll take pesos
    They hung up again and it looks like they are pulling out of dock
    OK tell them as soon as we nationalize another company they'll get the U$

    Gonna be a cold winter

    This may be the year GM and Ford start to pack up due to the constant factory shut downs.

    Apr 02nd, 2013 - 12:46 pm - Link - Report abuse 0
  • Shed-time

    If a country is functionally bankrupt, insofar as they cannot find dollars for gas, and yet claims to have $40,000,000,000 in the bank then this discrepancy must be due to someone telling lies.

    Surely the boat in dock is just like a taxi and keeps running the meter while they sit outside waiting, no?

    Apr 02nd, 2013 - 01:15 pm - Link - Report abuse 0
  • agent999

    It costs Argentina about $60,000 a day waiting time charges (over $1 million so far this year)

    Apr 02nd, 2013 - 01:25 pm - Link - Report abuse 0
  • Shed-time

    @98 That $1mil could have been spent on some nice shiny new safe train tracks that don't kill people.

    Think of that, eh!

    Apr 02nd, 2013 - 01:42 pm - Link - Report abuse 0
  • Welsh Wizard

    @99

    True. No doubt those Killer Train Tracks were in fact provided by the British and employed by MI5 to continue colonial opression of Argentina...gosh we are clever...

    Apr 02nd, 2013 - 02:05 pm - Link - Report abuse 0
  • yankeeboy

    100. They probably were installed by the British 100 years ago.
    For gosh sakes they just upgraded the 100 year old Subway cars!

    BA is under water...again for the upteenth time in the last 6 months. There must be so much disease in that filthy sewer water backing up every few weeks!
    It's too bad they'll have to stop upgrading the water and sewage infrastructure when IDB cuts off the U$.
    Too too bad

    Apr 02nd, 2013 - 02:11 pm - Link - Report abuse 0
  • axel arg

    YANKEEBOY.
    I appreciate that unless this time you didn't post any of your suall miserable comments or insults, that's why i decided to answer your comment in this oportunity.
    As i said in another comment, it's obvious that we won't never agree eachother on our ideas, because fortunatelly our ideologies are very different. However, there is something which is much more important than our opinions, i mean objetive facts.
    While it is true that we have serious problems in relation to gas imports, in fact the government spends huge amounts every year in order to provide the country of enough gas, it's also true that after the renationalization of ypf, the declination of oil and gas production diminished so much, and the state started to make inverstments in exploration in different provinces of the country, like in vaca muerta in neuquen.
    After the renationalization, we had no more problems of oil provitions during national days, before the renationalization there were long queues at the oil stations in order to fill the cars with oil, however, now that problem doesn't exist anymore, due to the company started to work at it's higuest level of production.
    Anyway, there is still a lot to do in order to recover the self provition (autoabastecimiento) for oil and gas, but thanks to the huge work of exploration that the sate is making, it's forecasted that in 5 years the country recovers the self provition that it lost during the years of private administration which didn't do enough inverstments.

    Apr 02nd, 2013 - 02:16 pm - Link - Report abuse 0
  • yankeeboy

    Axel, I lived in BA for many years and the only lines I ever saw at gas stations were for CNG. I never had to wait for nafta. So there is lie number 1,
    Lie #2, since CFK nationalized YPF they have had HUGE decreases in production, startling and worrying in any other country. In the last few years you have DOUBLED your fuel imports. DOUBLED!

    You are a fool if you think they can find, extract, refine enough oil/gas to make a difference in 5 years. We can't even do that in the USA!
    You don't have the expertise, drilling or refining to do it. It is not possible to get it in a decade.

    What did I tell you a long time ago, your salary won't keep up with inflation. Has it?
    Nope
    What are you making now U$350/mo?
    You'd be much better off scrubbing toilets in the USA than having a teaching job in Argentina.
    and that is the sad truth.

    Apr 02nd, 2013 - 02:25 pm - Link - Report abuse 0
  • Shed-time

    @101 you joke but London also have a sewer issue, and the cost of a mega-sewer is similar to that of building a whole new tube line. Most of our current sewer network is victorian.

    @102 That's bollox. The investment issue was caused by your government, through their insistence on a cap on fuel sales prices, leading to a drop in investment and production. Most of what you wrote is nonsense.

    Apr 02nd, 2013 - 02:30 pm - Link - Report abuse 0
  • yankeeboy

    104. I can guarantee you if most of London was under feet of water every couple weeks, dirty diseased sewer water, enough water that cars float away they'd do something about it rather quickly.
    This problem will eventually lead to some water borne disease and kill off a bunch of portenos. Just wait for it.

    Apr 02nd, 2013 - 02:40 pm - Link - Report abuse 0
  • axel arg

    YANKEE. SHED TIME.
    YANKEE: I don't need nobody to tell me about his experience in bs as, because i have lived here for my whole life, and as native and resident, i can say that i sow what i told in my comment about the long queues at the oil stations in planty of oportunities. As i said in another comment, wether you take or not what i say is irrelevant, because what always prevaill are objetive facts.
    On the other hand, you both continue having no more than the usuall distorted or partial information about argentina's situation. Accept it or not, the declination stopped after the renationalization. Beside, it's true what yankee says about that we have doubled our gas imports in the last two years, in fact the huge amounts that the government had to spend in order to import it, was one of the main reasons why c.f. k. decided to renationalize ypf.
    There are some questions that go beyond anybody's ideologies. Nobody needs to be a leftist in order to realize that an ex statal company which was sold to a private administration won't never do enough inverstments, because private companies don't care about the development of the country, that's why if a president has a true project of development for the country, beyond wether he is conservative or leftist, he must understand that there are some recources that can't be handled by private states It's the state actually the one which must handle it.

    Apr 02nd, 2013 - 03:21 pm - Link - Report abuse 0
  • yankeeboy

    Axel, Do you read any current newspapers about Argentina or are you just an annoying blockhead?
    http://www.ieco.clarin.com/economia/Polemica-forma-medir-produccion-YPF_0_893910629.html

    Again I think you should be jailed or institutionalized so your stupidity is kept from the kids you teach.
    Your kind of stupidity is what is killing your country, there are just too many of you voting to make it worse year after year.

    Apr 02nd, 2013 - 03:30 pm - Link - Report abuse 0
  • Shed-time

    @106 curious how Axel's objectively agreed facts never seem to come with a citation. They always come with a 'I did some research and found' or 'I spoke to a biased professor at some dreadful university in BA and she said'. Never ever any whiff of a publication to which we can all comment.

    Then he descends into fantasies like 'state owned companies are really efficient and care about the country', because let's face it, we all know this is tripe.

    Apr 02nd, 2013 - 03:44 pm - Link - Report abuse 0
  • yankeeboy

    108. Axel is the most reliably stupid RG poster on this board. The scary part of it all is he claims to be a teacher!

    How much do you want to bet he'll post “Clarin Lies” about my YPF post? And he'll come back with Pagina 12 is the only newspaper that tells the truth.
    In any other country he would be institutionalized for the good of the society.
    You can see why generation after generation they get poorer and dumber.

    Apr 02nd, 2013 - 03:58 pm - Link - Report abuse 0
  • commonsparrow

    Meanwhile back at the boards: 1 ARS is = to 0.1952 USD

    Apr 02nd, 2013 - 04:56 pm - Link - Report abuse 0
  • mastershakejb

    THIS GOES OUT TO ALL THE ARGIES WHO THINK THEY CAN AVOID THE US COURTS AND AVOID DEFAULT!

    http://blogs.reuters.com/globalinvesting/2013/04/02/a-plan-b-for-argentina/

    Apr 02nd, 2013 - 05:06 pm - Link - Report abuse 0
  • commonsparrow

    111: And when all them plans fail, A, B, C...there's always D: Bring up the Falklands.

    Apr 02nd, 2013 - 05:13 pm - Link - Report abuse 0
  • yankeeboy

    There is not one legitimate country in the world that we do not have a treaty with to compel the judgement.
    Not one
    CFK is destroying Argentina to save Nestor's legacy.

    Glug glug glug
    and more rain is on the way

    I told Toby a long time ago Argentina doesn't have the $ to deal with the coming climate change

    Looks like I was right....again

    Apr 02nd, 2013 - 05:54 pm - Link - Report abuse 0
  • ChrisR

    91 Anbar

    Thanks for the rundown of what Lady Thatcher did: the morons in the Labour Party never understood that the unions stopped investment with high wages AND yes there were some companied who milked it to.

    When I was a director of a GEC company we had Red Robbo up to lunch in the boardroom. He could easily have passed as a middle manager in many companies in the industrial midlands and that was the tragedy, but put him in front of the press or worse still the TV cameras and it was like Jekyll and Hyde!

    Basically the UK got overtaken by countries that could produce high quality products at prices lower than the crap the UK was putting out. Thatcher promoted BS 5750 Registration (Quality Assurance) but it was too late in reality. As you say, the cars we made were utter rubbish.

    103 yankeeboy

    Just a minor point (unless you mix them up then it’s KERBOOM). I am sure you saw cars waiting in line for LPG (Liquefied Petroleum Gas aka Propane), this is easily stored in commercial pumps and is safe for the public to handle. CNG is Compressed Natural Gas (methane) and is NOT easily stored even in special commercial pumps and must never be handed by untrained people. It is totally unsuitable for the argies to use.

    It may make a comeback because of the climate change bunny huggers but I think it unlikely.

    NEVER try to use CNG in your car unless you have the experience and the car has the correct installation safety locks.

    Apr 02nd, 2013 - 09:49 pm - Link - Report abuse 0
  • yankeeboy

    Oops thanks! I have no idea..my driver tried to get me to put a tank in the trunk but (this was 7 yrs ago) I told him no way I was not wasting the $ because Arg is running out of nat gas and it will be more expensive than regular nafta.
    Of course he thought I was nuts.

    Apr 02nd, 2013 - 10:14 pm - Link - Report abuse 0
  • Yonkeeboy

    Comment removed by the editor.

    Apr 02nd, 2013 - 11:29 pm - Link - Report abuse 0
  • mastershakejb

    lol, looks like yankeeboy got under someone's skin

    Apr 03rd, 2013 - 12:36 am - Link - Report abuse 0
  • La SusanitaUS

    Comment removed by the editor.

    Apr 03rd, 2013 - 12:59 am - Link - Report abuse 0
  • Brigitte LeBlanc

    Comment removed by the editor.

    Apr 03rd, 2013 - 03:28 am - Link - Report abuse 0
  • mastershakejb

    ;)
    mastershake is a character from Aqua Teen Hunger Force, one of the funniest shows ever from my teenage years
    jb = my initials

    Apr 03rd, 2013 - 06:24 am - Link - Report abuse 0
  • axel arg

    SHED TIME. YANKEEBOY.
    YANKEE: In the same way that you bet respecting what i think about pagina 12, i can bet also that you just read clarin.
    If you think that clarin is just a newspaper, and not a powerful politic party, which distorts the facts on behalf of corporative interests then it's a waste of time to continue talking to you, i wouldn't be sorprised if you consider clarin like an independent newspaper. In some way it is independet, but just from the government, and not from the corporative ineterest that it represents.
    In the case of pagina 12, you can agree or not on it's editorial line, in fact it's pro c. f. k's govt, but beyond it's posture in relation to the government, like it or not, it's much more serious than the corporative press that you often love reading.
    I read pagina 12 everyday, and i'm proud of having such a good newspaper like it in the country, in the same way that it tells news that benefit the government, it also makes very hard critics against c. f. k's govt. and others, piblished by some of it's journalists who are excellent.
    Anyway, as i said in other comments, it's not my intention to persuade absolutly anybody in this forum, because everybody have right to think whatever, what i will always do, is to tell what is omited in the decadent reports written by mediocre journalists, espcially those who you love reading.
    SHED: I can give you many dates of different articles, but they are all written in spanish, if you speak my language i can give you many dates mostly from pagina 12 and chequeado.

    Apr 03rd, 2013 - 02:34 pm - Link - Report abuse 0
  • yankeeboy

    Good gracious do I know this moron or what!

    I read 4 Rg newspapers everyday. If you read P12 and think that it is un-biased and good reporting, again I need to point out you are an idiot.
    No wonder you make less that U$400/mo
    I wouldn't hire you to empty my cat box for fear you wouldn't get it right.

    Apr 03rd, 2013 - 07:29 pm - Link - Report abuse 0
  • axel arg

    YANKEE.
    I can imagen which 4 newspapers you read everyday, clarin, la nación, perfil and el cronista, or maybe you read buenos aires herald too, which is much more serious than the other newspapers that maybe you read.
    Anyway i don't read pagina 12 only, i read also a website called chequeado.com which analizes the public statements of all the politicians who join the different politic parties, and it's also very critic of all the governments beyond their politic extraction. I recommend it to absolutly everybody, because it's excellent.
    The big difference among pagina 12 and the newspapers that you read, is that beyond it's editorial line which is pro kichnerist, it is also very critic of some aspects that involve c. f. k's government. Beside, nothing of what is published there turn out to be lies or distortions, like occurs in clarin, la nación and perfil. In fact, all the hypocrites who criticise pagina 12, they just say it's a pro kichnerist newspapers, what nobody says it lies, like what happens with clarin, la nación, perfil and el cronista.
    On the other hand, if i according to your opinion i am an idiot, and if it soposes that you are more intelligent, let me ask you something.
    Didn't you realize that clarin, and la nación often distort the facts on behalf of corporative interests?, and in the cases of perfil and el cronista, didn't you realize that some of the informations published there, turn out to be lies or distortions?, how many lies and distortions did you find in pagina 12?. If you are so critic of c. f. k's govt., you don't need to read that kind of corporative press, there are much more serious websites like www.chequeado.com which is very critic of all the govts., but it's reports are much more reliable than the reports published in those newspapers that you often read, because all it's fundaments are based on sources, and it showes them, it's reports are not based on personal opinins or speculations, like in many other newspapers.

    Apr 04th, 2013 - 04:14 pm - Link - Report abuse 0
  • yankeeboy

    Axel, you write a whole lot of words that have absolutely no value, make little sense and have no connection to the real world.
    We call that deluded in the USA
    I think you have been brainwashed and don't realize how utterly ridiculous you sound.

    The Ks are nothing more than thuggish dictators bankrupting your country and its next generation. If you don't see that there is no hope for you.

    My guess is you won't realize it until it is too late.

    Apr 04th, 2013 - 05:24 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!