Argentine economy conditioned by energy imports and subsidized fuels and power

Monday, August 5th 2013 - 02:11 UTC

Full article 8 comments

If the Argentine government does not manage to stabilize its energy balance, which is one of the main drains of US dollars, the ban on hard currency purchases, the barriers to imports and the growing obstacles to spend money overseas for Argentine travellers will continue and could worsen, according to Buenos Aires analysts. Read full article

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toxictaxitrader2
No surprises here then!
Posters here have been saying (including my good self)for years.
Aug 05th, 2013 - 02:32 am - Link - Report abuse 0
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Captain Poppy
Tobi.....all of the tobi's....are you all reading this?
Aug 05th, 2013 - 05:53 am - Link - Report abuse 0
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Welsh Wizard
http://uk.reuters.com/article/2013/08/02/uk-argentina-economy-analysis-idUKBRE9710KH20130802

Saw this earlier. Interesting read...
Aug 05th, 2013 - 06:10 am - Link - Report abuse 0
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yankeeboy
Money Supply grew 5.6% IN THE MONTH OF JULY!!
Analysts expect it to grow at a faster rate through the eoy

I can smell the hyperinflation from here...
Aug 05th, 2013 - 07:59 am - Link - Report abuse 0
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ChrisR
Oh yes, it's all going swimmingly, glug, glug.
Aug 05th, 2013 - 08:20 am - Link - Report abuse 0
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Optimus_Princeps
A natural response of the population to constant threats of physical violence in general, and from the government in particular cause them to hide their valuables, thus taking money out of circulation. Of course, it's not like we haven't been seeing it for ourselves for the last few years.

Put that together with everything else the K's are doing wrong, and you can attribute everything wrong with Argentina to the K's and the lazy criminal scum they support.
Aug 05th, 2013 - 10:09 am - Link - Report abuse 0
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Briton
They do say- two heads are better than one,

And Argentina and Spain have been up to no good,

Perhaps these two very clever leaders think that by putting their two brain cells together, they can come up with [ 3 ]
Lolol.
.
Aug 05th, 2013 - 02:25 pm - Link - Report abuse 0
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ChrisR
7 Briton

BUT! What if instead of using +, they used - ?

The answer to that one seems more like the reality.

LOLs
Aug 05th, 2013 - 03:13 pm - Link - Report abuse 0
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Pete Bog
@7
I'm waiting with baited breath to hear what genius those two cells will produce.
Aug 06th, 2013 - 08:58 am - Link - Report abuse 0
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Briton
ha ha , we will soon find out .lol.
Aug 06th, 2013 - 03:35 pm - Link - Report abuse 0
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