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US dollar keeps breaking records in Argentina; central banks reserves fall a further 100 million

Friday, January 17th 2014 - 08:05 UTC
Full article 190 comments

The US dollar reached a new record high on Thursday as purchase pressure on the so called “blue” or informal market continues pushing the price which closed 35 cents up at 11.50 pesos for buyers and 11.55 pesos for sellers. Read full article

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  • Welsh Wizard

    “Minister of Economy, Axel Kicillof spent on Thursday two hours with President Cristina Fernández, which could anticipate further measures to try and contain the soaring dollar and the loss of international reserves.”

    What are they going to do? Nothing that they have done so far has made a difference. I only came back a couple of weeks ago and when I was exchanging my sterling I was geting 16.50/1 a couple of weeks later its at 19/1

    Jan 17th, 2014 - 09:17 am - Link - Report abuse 0
  • Orbit

    Yankeeboy, come on down!!! Lol.

    Jan 17th, 2014 - 09:31 am - Link - Report abuse 0
  • ElaineB

    Kicillof spent two hours with CFK? It is taking longer for him to hypnotise her.

    Jan 17th, 2014 - 10:29 am - Link - Report abuse 0
  • ChrisR

    “the Argentine central bank revealed its international reserves had fallen a further 100 million dollars and now stand at 29.758bn dollars, the lowest since November 2006, when Nestor Kirchner was president.”

    So after EIGHT years of soaring inflation, created by the Dastardly Duo of Boss Eye and TMBOA herself, the argies are back to where they started from.

    Except the 29.758bn is worth at best 15 bn!

    And they printed 40 bn of pesos in December! I bet that really helped send the dollar rocketing.

    These people are really, really stupid. I think they should all get a medal for it and hung around their necks by a construction cable tie pulled tight to stop the breathing: they deserve it after all.

    Stunning, way to go for TMBOA!

    Jan 17th, 2014 - 10:33 am - Link - Report abuse 0
  • Klingon

    Into the death spiral we go!!
    Not long now folks before the imminent explosion.
    I expect the old hag to abscond to a tax haven for “medical purposes”.

    Not sure what her fat kid is going to do though!

    Jan 17th, 2014 - 10:38 am - Link - Report abuse 0
  • Faz

    Well, as most of Europe has disappeared as a cheap holiday destination in the vice like grip of the Euro, perhaps RGland is now the new Costas? lol!

    What do people “Think” about that?

    Gollum wont be able to afford to shop in Harrods and the Trolley Dolly will soon be pushing her supermarket trolley round to the food nbank !

    Jan 17th, 2014 - 11:16 am - Link - Report abuse 0
  • warteiner

    And can some one explain to me how does that affect the average Argy?

    The prices still the same.

    But your inces*t brains not, they keep melting.

    Chriss!!! How is your 68 yrs old mum? Still as hot as always?

    Jan 17th, 2014 - 12:05 pm - Link - Report abuse 0
  • pgerman

    Yesterday I talked to an former mate who had worked with me at Purchasing and he told me that it is imposible to make a mid term argreement with the suppliers since they don't know the price of the U$D and they don't know if they would be able to get imported raw material.

    In addition, the actual reserves of the government are, roughly, 10% of the official ones.

    She desapeared from the public exposure trying to avoid any responsibility in events such as the blackouts, the riots, the police strikes and now with this. She is missing !!!...but not missed.

    I would enjoy to see her fall !!!....

    Jan 17th, 2014 - 12:15 pm - Link - Report abuse 0
  • Lou Spoo

    @8

    There is an interesting article on CNN about her absence.

    http://edition.cnn.com/2014/01/15/world/americas/where-is-argentina-president-cristina-fernandez/index.html?hpt=ila_c2

    Jan 17th, 2014 - 12:18 pm - Link - Report abuse 0
  • Conqueror

    @6 I like holidays. But I also like coming home. So that rules out argieland. Shame about Gollum. It's always easier to take money off fools.
    @7 What it means, for the ordinary argie , is this. If you go out to buy a car, it may be priced at AR33,333. You're ready to buy. But then a guy walks in with US$3,000.00. Who gets the car? He does. Because his dollars are worth more than your pesos. Take it further. Farmer wants to sell his food crop. The guy offering dollars will get it rather a guy offering pesos. Now the dollar guy can undercut everyone else and still make a profit. Then when the peso guys go out of business, he can buy them out. Then he can jack prices as much as he wants. And that's when the ordinary argy starts paying. And it can all take place in a relatively short space of time. Inflation at 28.5% won't help.

    Saying “The prices still the same” is dumb. It's a very short-term view. Remember the officially-imposed price freeze? Can't last or businesses will become uneconomic, close down, more people out of work. Ordinary argie has less money. More riots, do you think? Food riots?

    Jan 17th, 2014 - 12:53 pm - Link - Report abuse 0
  • Welsh Wizard

    @7 The latest rise doesn't. If it goes up another 30 cents today it won't have an impact. However, since the dollar clamp and ther rise of the black market dollar it has had a huge impact. All of these things, the rise in monetary based, the trade deficit, lowering of reserves and the black market rate together hjave a hug impact on the everyday person living there. Having family out there is can see that the standrd of living has fallen dramatically in the last year. You have to look at everything in the round, then you'll understand.

    Jan 17th, 2014 - 12:56 pm - Link - Report abuse 0
  • yankeeboy

    Teachers are demanding a 100% raise this year.
    and so it begins

    Gendarmarie is off to Cordoba

    The heat is back along with the power cuts

    I couldn't have set this up better if I could have done it deliberately.

    Jan 17th, 2014 - 01:16 pm - Link - Report abuse 0
  • paulcedron

    “i like holidays. But I also like coming home. So that rules out argieland. ”

    good for us.
    british and british wannabes tourists are not too much appreciated around the globe, are they?
    http://www.telegraph.co.uk/news/uknews/1552388/UK-tourists-among-worst-in-the-world.html
    http://www.telegraph.co.uk/news/uknews/1552388/UK-tourists-among-worst-in-the-world.html
    http://www.telegraph.co.uk/news/uknews/1552388/UK-tourists-among-worst-in-the-world.html

    Jan 17th, 2014 - 01:48 pm - Link - Report abuse 0
  • MagnusMaster

    @9 there are rumors that she passed out when she was visiting her mother. Anyway, they won´t tell anything and she won´t reappear until vacations end.

    Jan 17th, 2014 - 02:33 pm - Link - Report abuse 0
  • Faz

    #13. Yes, we occupy all the Germans deckchairs, waggle bare bums in the street and vomit on tablecloths. Stand by for the invasion!

    Jan 17th, 2014 - 02:36 pm - Link - Report abuse 0
  • yankeeboy

    Opening bell and peso is 11.63/1
    Looks like they can't stop this

    And no comments from I don't Think
    how typical and sad

    I wonder if he is too busy looking for dog recipes while he still has internet.

    Jan 17th, 2014 - 02:43 pm - Link - Report abuse 0
  • Welsh Wizard

    @16 They'll start throwing reserves at it next week I expect...not that it will do anything in the long term

    Jan 17th, 2014 - 02:51 pm - Link - Report abuse 0
  • yankeeboy

    17. I don't think they have any left to throw away. They still have to pay for the fuel and mfg imports. They might as well just throw it out the window rather than bothering to keep the Peso under control.
    They've already lost.

    Jan 17th, 2014 - 03:03 pm - Link - Report abuse 0
  • CaptainSilver

    #17 All the reserves are now being bagged up ready for the final flight of Tango one

    Jan 17th, 2014 - 03:10 pm - Link - Report abuse 0
  • Welsh Wizard

    @18 that's what I mean. They'll send people with suitcases into the caves just to stop it from rising for a week...just to make sure it isn't the headline everyday

    Jan 17th, 2014 - 03:10 pm - Link - Report abuse 0
  • yankeeboy

    20. They've done that many times and it works for a day at the most.
    Total waste of U$.
    If I were a Soy farmer I'd store my grain, guard it and wait for the gov't to fall.
    If the Soy crop is as bad or worse than last year CFK won't make it until June.
    Then they can hope for someone a little less nutty.
    I don't think they'll find one mind you but they can look.

    My guess is she's going out with a bang not a whimper.

    Jan 17th, 2014 - 03:18 pm - Link - Report abuse 0
  • Welsh Wizard

    @21 The press conference with Capitanich is brilliant. He is trying to persuade everyone that they can easily buy dollars at the official rate. It’s almost as if he thinks the people would purposefully buy dollars at the blue rate just to spite the government, and themselves…

    Jan 17th, 2014 - 03:25 pm - Link - Report abuse 0
  • yankeeboy

    22. First of all that guy looks like a drag queen he has to have had the worse eye lift of anyone in the public. It completely freaks me out.
    Plus he is stupid, really really stupid. They put him in that no win job so he can end up in jail when this all comes crashing down.
    The U$ “convertible” is almost at 13/1
    This run is no where near done.

    Jan 17th, 2014 - 03:28 pm - Link - Report abuse 0
  • Welsh Wizard

    23. Esp considering that there is to be no influx of USD until April/May and even then, the heat wave will have buggered the soy crop I expect

    Jan 17th, 2014 - 03:31 pm - Link - Report abuse 0
  • yankeeboy

    I think the Soy crop is done. I hear the irrigation water has dried up completely in BA, ER, SF the rest of the country is inconsequential.

    More heat means more LNG to buy too, means more imports to fixed the burned out electrical equipment and on and on.

    They have Gendarmarie in Cordoba and Entre Rios has civil unrest. They're 1 massive blackout away from collapse and I can't wait.

    Jan 17th, 2014 - 03:37 pm - Link - Report abuse 0
  • ElaineB

    CFK is certainly a lot sicker than they care to admit. Her mother is undoubtedly ill enough to have an operation but why she needs to sit at the bedside all day is a mystery. She is President! She has the responsibility of running a country in crisis and conducting her meetings across her mother's hospital bed is not the way to do it.

    Jan 17th, 2014 - 03:46 pm - Link - Report abuse 0
  • yankeeboy

    26. If that is what is really going on. Maybe she's there for treatment herself.

    Jan 17th, 2014 - 03:49 pm - Link - Report abuse 0
  • Welsh Wizard

    25. and printing 40 billion pesos in december alone, that was purely just to cover the extra christmas pay for state employees not to the pay rise for the police and the rest who will be wanting a % increase which will place them above the inflation curve

    Jan 17th, 2014 - 04:09 pm - Link - Report abuse 0
  • RICO

    Still if Argentina switches to the greenback at least they can solve their friends in Venezuela's toilet paper shortage.

    Jan 17th, 2014 - 04:09 pm - Link - Report abuse 0
  • toooldtodieyoung

    27 yankeeboy

    I just feel sorry for the ordinary Argentinian. People like our friend “Simon68” who couldn't give a s**t about the falklands, who just wants to live and let live and now, is forced to watch as the money in his bank account evaporates, the lights go out and the only people that he can turn to in the hour of need, are on strike.

    Yeah, sure, go ahead and vent your spleen at KFC and all of her cronies, but just remember that there are Argentines in Argentina who absolutely do not want this.

    There are some sane people in Argentina who must be, MUST be sick of corrupt president after corrupt president just running the country into the ground. I feel so sorry for them... and their families.

    It must be a horrible situation to be in.

    Jan 17th, 2014 - 04:39 pm - Link - Report abuse 0
  • yankeeboy

    30. I am sure there are a few and yes those people should be pitied. BUT and it is a big BUT for 75+ yrs ( 3 generations!) they have had one successively bad gov't after another. At some point you have to say the population is to blame.
    I have no problem calling a spade a spade
    They brought this on themselves

    Jan 17th, 2014 - 04:42 pm - Link - Report abuse 0
  • Condorito

    The ignominy of not having your own currency.
    It is so 3rd world.

    Here in La Serena the streets are usually crowded with Argies on holiday at this time of year. They come for the beach and to buy all the things they can't buy at home.

    This year there are very, very few of them. The combination of the 35% tax on purchases and low value of the ARG peso makes it too expensive for most of them.

    Holidays might not be the most important thing, but it must be very disappointing when your government effectively prohibits you leaving the country.

    The ignominy of it.
    It is so 3rd world.

    Jan 17th, 2014 - 04:46 pm - Link - Report abuse 0
  • Doggy Rap

    No, no, no, the Argentine economy is sooooooo strong.

    Argentina has reserves of 51 bio. .. 46 bio. ... 42 bio. ... 37 bio. ... 35 bio. ... 32 bio. ... almost 30 bio. US dollars.

    But that's still MUCH more than the English piratos.

    Signed Thinko-Dinko.
    - - -
    Luckily for the “Argentine” posters they are hiding under their stones anywhere but Argentina, sponging on others work.

    Very bad for the many decent Argentines, who are condemned to suffer, and sink in the Argentine 'Titanic'.

    I grieve for Simon68, his family and his like = the decent, honest Argentines.

    Jan 17th, 2014 - 05:17 pm - Link - Report abuse 0
  • Don Alberto

    @ 24 Welsh Wizard
    “Esp considering that there is to be no influx of USD until April/May”

    Not true!

    I'll arrive in late February carrying about 6,000 dollars, thus almost doubling Argentina's reserves at that time.
    :-)

    Jan 17th, 2014 - 05:24 pm - Link - Report abuse 0
  • warteiner

    Comment removed by the editor.

    Jan 17th, 2014 - 05:28 pm - Link - Report abuse 0
  • redp0ll

    Id just like to say thank you to all those middle class Argentines, who in spite of the dollar clamp and the high prices here in ROU and CFKs wrath chose to spend their vacation here in Uruguay
    Gracias amigos!

    Jan 17th, 2014 - 05:47 pm - Link - Report abuse 0
  • St.John

    Hola Condorito,

    how are things in La Serena and the Elqui Valley?

    Some 7 to 8 years ago I was staying 5 months in La Serena (Regimiento Coquimbo) and 6 months in Paihuano. Wonderful town resp. village, not to mention the valley and the many restaurants in Cienfuegos and Balmaceda.

    All in all one of my best travel memories.

    Jan 17th, 2014 - 05:54 pm - Link - Report abuse 0
  • Condorito

    @35
    I love it when you post. You exemplify Argentina's problems so perfectly.
    You display:

    1) your racism;
    2) your ignorance;
    3) and your low level of education; and
    4) your envy that Chile has passed Argentina in terms of development

    Of course I have Mapuche blood. I am a proper American of mixed blood, not a European implant.

    For your information, I love Argentina. The horrible crime and high poverty is a problem, but these things are only temporary - they can be fixed with good government. We has similar problems 20 years ago, but now we are much better.

    El indio pica de atras.

    Jan 17th, 2014 - 06:03 pm - Link - Report abuse 0
  • paulcedron

    32.
    “Here in La Serena the streets are usually crowded with Argies on holiday at this time of year”

    who the f*ck wants to go to “la serena”? lol
    chilean beaches and sea are the worst of south america by far.
    not to mention their people.
    they dont even have a cute girl out of 1.000.000.
    and you talk about 3rd world, you imbecile??
    http://ciperchile.cl/2012/10/22/el-dominio-del-narco-en-las-poblaciones-mas-vulnerables-de-santiago/
    http://ciperchile.cl/2012/10/22/el-dominio-del-narco-en-las-poblaciones-mas-vulnerables-de-santiago/

    Jan 17th, 2014 - 06:04 pm - Link - Report abuse 0
  • yankeeboy

    The worst beaches I have ever been to are in Argentina.
    Wet blowing sand, poor people selling crap everywhere, churros churros churros you'd think it was Mexico but then you look at the gross wet sand and the cold brown water and remember you are in Mar Del Plata.

    Even where the “rich” Rgs go it's pretty bad

    I wonder if they'll still allow tents with metal supports on the beach..
    that seemed to cause a little problem this year

    Jan 17th, 2014 - 06:14 pm - Link - Report abuse 0
  • Condorito

    @39
    Sorry paul did I hurt you?
    You seem almost as envious as warteiner (and your language is almost as bad).

    In 2013 4 million tourists visited Chile, 40% were Argies.
    That would be about 1.600.000 Argies visiting.

    I know it is very expensive here for Argies so it is a big sacrifice for them.
    But I feel sorry that now it is even more expensive and they have to go to cheaper places.

    It does amuse me that Argies have to try so hard to get USD to come here and then no one here accepts USD. We have our own currency. When we go to Argentina we can get all the USD we want and them double them in Argentina. Love it. It is so cheap. It is like travelling in Bolivia (except the police in Bolivia aren't as corrupt).

    @St.John
    Glad you had a good time here. It is a wonderful region. Much less spectacular than the far north and south, but very charming.

    Jan 17th, 2014 - 06:27 pm - Link - Report abuse 0
  • Narine T. Nüster

    Good evening,

    I am a EU citizen and I mostly lurk in these forums, however I felt compelled to post a comment at this time.

    Without suggesting people have no right to express opinions, I find it rather disturbing how many contributors here express themselves towards the Argentineans. Mainly from the point of view, in which we Europeans, or some Americans and South Americans tell them to act more cooperatively and humble in the world, yet in the next breath we make comments such as:

    “These people are really, really stupid. I think they should all get a medal for it and hung around their necks by a construction cable tie pulled tight to stop the breathing: they deserve it after all.”

    “First of all that guy looks like a drag queen he has to have had the worse eye lift of anyone in the public. It completely freaks me out.”

    “The ignominy of not having your own currency.
    It is so 3rd world.”

    I would like to ask the people responsible for these statements why they feel themselves to be entitled in the elevated position to cast judgment in such a facile and overly simplistic manner?

    I know we Europeans fall at times victims to the flail of over-condescension and moral grandstanding, so I need not to ask my fellow Europeans. We feel entitled to judge others and those others we berate when they judge us. If anything it demonstrates that it is us who suffer from an underlying insecurity.

    but what about the Americans and the Chilean gentleman here? Why do they feel so above the fray to write in a way that to anyone is evident gives off an aura of self-awarded hubris?

    Thank you.

    Jan 17th, 2014 - 06:30 pm - Link - Report abuse 0
  • yankeeboy

    42. Seriously doesn't his eye lift freak you out? Everytime I see a pic of him I think of a big fat drag queen.
    I kinda feel sorry for him. I bet he thought he was getting a promotion and escaping that horrible province. He may not even realize he was set up yet.
    Poor guy(?) person? well whatever

    $11.95/1
    They've lost, even bags of U$ isn't slowing it down.

    Crissy still in the sanatorium?
    Maybe she's getting lithium intravenously now.

    Jan 17th, 2014 - 06:41 pm - Link - Report abuse 0
  • Condorito

    @Toby,
    Good to see you back from holidays.

    I stand by my comment:

    “The ignominy of not having your own currency.”

    That is my opinion. It is an ignominious situation is it not?

    Interesting that you chose to scold Europeans / Americans for talking down to Argentina, but you ignore the racist and hateful comments directed at my kin by Argentine posters.
    Odd that.

    Jan 17th, 2014 - 06:42 pm - Link - Report abuse 0
  • yankeeboy

    narine: English To German - nostril

    Now he's just getting lazy

    Jan 17th, 2014 - 06:49 pm - Link - Report abuse 0
  • Doggy Rap

    @ 40 yankeeboy

    “Even where the “rich” Rgs go it's pretty bad”

    The rich Argentines go to La Serena, Reñaca, Concón, Arica, Valdivia (gaping at the trees) and Puerto Varas (gaping at a clean lake) in Chile wher a total of more than 1.5 mio. visited; to Punta del Este in Uruguay, and of course there is the 103,500 Argentine tourists 'invasion' to Great Britain, another hundred thousand or more to the rest of Europe and as many as can get a visa to the US.

    @ 42 Narine T. Nüster

    Tobias, what is your problem?

    In the remote case you are not one of Tobias Big Nostrils numerous aliases, I suggest you read more than a few lines taken out of context before you critizise the first worlders.

    “These people are really, really stupid”

    why? as it says two lines before, because “”And they printed 40 bn of pesos in December! I bet that really helped send the dollar rocketing.

    You may not think it really, really stupid to print 40 bio. pesos without any sort of backing, but in that case it is good advice that you refrain from any discussion about national economy or you will be very embarrassed.

    Jan 17th, 2014 - 06:55 pm - Link - Report abuse 0
  • yankeeboy

    46. I was talking about Carilo, Pinamar, the nicer areas on the Arg coast. Although Carilo is very nice it there is nothing to do there. The beach is practically unusable from the constant wind ( Pinamar too) and the restaurants/shops are subpar.
    I went to PDE but not in Jan. I didn't need to be around Znorte people on vacation too! They're even more obnoxious when they travel.

    Jan 17th, 2014 - 06:59 pm - Link - Report abuse 0
  • Doggy Rap

    @ 47 yankeeboy “I was talking about ...”

    Ah, now I get your point. It was the missing “ in Argentina” that misled me.

    Jan 17th, 2014 - 07:20 pm - Link - Report abuse 0
  • CaptainSilver

    Hohoho. Nostril unmasked in a trice ! Top maka Condorito !

    Poor little sod only got a week. Out of his villa for a week..back to Cartoneroing again :-)

    Looking forward to my tour of Chile next month.

    Jan 17th, 2014 - 07:26 pm - Link - Report abuse 0
  • paulcedron

    “The rich Argentines go to La Serena, Reñaca, Concón, Arica, Valdivia”
    what can you know about argentines, you chilean troll?
    visiting chile is as bad as going to miami.

    yankee wannabe.
    you couldn´t do anything in cariló or pinamar because you are a big ball of fat.
    otherwise you could try surfing or kite surfing, or playing polo on the beach or whatever, you lazy fatty.
    now, try to surf in those shitty chilean beaches with no waves and full of algae and jelly fish.
    not to talk about the temperature of the water.
    clearly you have never left puerto stanley

    Jan 17th, 2014 - 07:30 pm - Link - Report abuse 0
  • Briton

    So is Argentina finished or not,

    Are they collapsing , or going to the gutter,
    mmmmmm
    I wish they would go one way or the other..

    Jan 17th, 2014 - 07:44 pm - Link - Report abuse 0
  • Narine T. Nüster

    I see I will not get a response from anyone, I did not understand anything any of you supposedly addressed towards me.

    Narine is not a German name however, it is French.

    I feel sad for the behavior of my European fellowmen and women.

    Jan 17th, 2014 - 07:49 pm - Link - Report abuse 0
  • Briton

    52
    thus this is nothing more than banter,

    of as the French may say,
    bluff-or double bluff,

    you do get the odd topper, but most take no offence,
    something you would have noticed,
    having watched this blog over time.

    relax pull up a seat , have a nice cuppa and watch the fun unfold..lol

    Jan 17th, 2014 - 07:54 pm - Link - Report abuse 0
  • golfcronie

    Nuster is French also?

    Jan 17th, 2014 - 07:57 pm - Link - Report abuse 0
  • Condorito

    “chilean beaches with no waves”

    There no end to the amusement you provide.

    No waves on the Pacific, no none at all. That is up there with Toby's “You can't grow tomatoes in winter”

    No wonder Argentina has fallen to the lowest ranked LatAm nation in the PISA evaluation.

    Jan 17th, 2014 - 07:59 pm - Link - Report abuse 0
  • Narine T. Nüster

    I have no interest in watching others struggle, I have seen enough struggling in the last six years in our own continent, how British, French, Spanish, Italians, Icelandic, Irish, Portuguese, Dutch, Hungarians, and most specially Greeks have suffered from a historic and devastating economic decline.

    Now that we are attempting to get on our feet is not the time to glee at the potential Trouble of others.

    Jan 17th, 2014 - 08:00 pm - Link - Report abuse 0
  • Briton

    naming who ?

    Jan 17th, 2014 - 08:03 pm - Link - Report abuse 0
  • Condorito

    Toby, it's going to be hard to keep the humble European persona going. Your hate of Europeans and hate of humbleness are going shine through.

    Jan 17th, 2014 - 08:06 pm - Link - Report abuse 0
  • LEPRecon

    Narine.

    No one in the EU says they are an 'EU citizen', like it's a nationality, because it isn't a nationality.

    They are proud to be whatever nationality that they truly are.

    Plus you appear to have that Argentinian attitude of that you believe that you speak for everyone. No you don't.

    Argentina is on the brink of yet ANOTHER implosion. This happens (as if you didn't know) approximately every 10 years or so.

    You have to wonder just what are the Argentines doing that makes this happen?

    In a democracy (I'm sure you'll agree IF you truly are French), it is not only the privilege and right of the people to question and hold their government to account, it is their DUTY to question and hold the government to account.

    So if Argentina implodes every decade (and remember that they've had restored democracy for 30 years) then you have to conclude that the people aren't doing the job that they're supposed to be doing, in fact one could conclude that the Argentine public are either complicit in the economic disaster that Argentina is or that they are just completely apathetic about the way their country is run.

    The only people to blame for the regular Argentine implosions are the people of Argentina itself, yet they refuse to face the truth and just point the finger at everyone else, because it's always someone else's fault.

    So my fake French friend, don't feel sorry for them, they bring all their woes upon themselves.

    Jan 17th, 2014 - 08:06 pm - Link - Report abuse 0
  • Briton

    he defends argies aggression, whilst condemning us,

    definitely not European..

    Jan 17th, 2014 - 08:11 pm - Link - Report abuse 0
  • Narine T. Nüster

    It is truly lamentable the attitude that so many fellow EU-compatriots Dispense so cavalier. We are just emerging from a humiliating economic crisis, and even now we celebrate the yet unrealized economic crisis of another. What is wrong with us EU folk?

    Please, I exhort you all to discontinue this elitist disdain, we in the EU are just climbing to sea Level, and not even there yet, from triple-dips, hellenic sovereign Defaults, anglo-celtic Banking collapses, nordic financial meltdowns, mediterranean mass unemployment, Need I go on. Please, let us be humble.

    Jan 17th, 2014 - 08:15 pm - Link - Report abuse 0
  • Briton

    the sooner we British get out of your patriotic EU the better,

    all I can say is,
    sausages...

    Jan 17th, 2014 - 08:20 pm - Link - Report abuse 0
  • paulcedron

    60.
    so he is not european because he condemns you?
    that has nothing to do.
    nobody likes the british, including europe

    Jan 17th, 2014 - 08:20 pm - Link - Report abuse 0
  • yankeeboy

    Darn the reporting is ending at $11.95/1
    Well tomorrow is another day

    Jan 17th, 2014 - 08:21 pm - Link - Report abuse 0
  • Briton

    well to be fair,
    nobody like you lot either,

    but we don't complain..lol

    Jan 17th, 2014 - 08:21 pm - Link - Report abuse 0
  • Narine T. Nüster

    Briton,

    Member provinces of the EU cannot so leisurely secede from the rest of the Country.

    Jan 17th, 2014 - 08:23 pm - Link - Report abuse 0
  • toooldtodieyoung

    59 LEPRecon

    “The only people to blame for the regular Argentine implosions are the people of Argentina itself”

    True?? Probably, but still, not nice to watch from the sidelines is it? Self inflicted or not, suffering is still suffering isn't it?

    Also, knowing what Argentina could be, if its people, it's government sorted itself out, stopped f**king about and started playing the game properly.

    It is endlessly frustrating to watch when the country does not learn or does not want to learn from it's mistakes.

    Jan 17th, 2014 - 08:24 pm - Link - Report abuse 0
  • golfcronie

    @66
    I like saying what I feel. BOLLOCKS

    Jan 17th, 2014 - 08:25 pm - Link - Report abuse 0
  • Briton

    ooohhhh
    now we are a member Provence,

    we can vote to come out,
    and we will vote to come out,

    unless you object..

    Jan 17th, 2014 - 08:25 pm - Link - Report abuse 0
  • yankeeboy

    Pretty soon you'll hear how it was much better under military rule.
    Just wait for the riots in BA
    CFK is Isabelita
    Not Evita like she wants to be.

    Jan 17th, 2014 - 08:27 pm - Link - Report abuse 0
  • golfcronie

    @66
    The EU is not a country, do some research before posting C**P

    Jan 17th, 2014 - 08:27 pm - Link - Report abuse 0
  • Briton

    agreed

    Jan 17th, 2014 - 08:29 pm - Link - Report abuse 0
  • A_Voice

    66
    Very funny...;-))))

    ”nostril [ˈnɒstrəl] n [person] → narine f; [horse] → naseau m. nostril. n → Nasenloch nt; (of horse, zebra etc) → Nüster f. nostril [ˈnɒstr/əl] n → narice f; (of horse) ...”

    Jan 17th, 2014 - 08:30 pm - Link - Report abuse 0
  • Briton

    agreed .lol

    Jan 17th, 2014 - 08:31 pm - Link - Report abuse 0
  • toooldtodieyoung

    63 paulcedron

    It's the UNITED KINGDOM of Great Britain thankyousomuch

    To para-phrase:-

    Welcome to the United Kingdom of Great Britain.

    We are united inasmuch as:-

    The Irish hate the English
    The Welsh hate the English
    The Scots hate the English
    And the English hate everyone, including all the other English.

    Jan 17th, 2014 - 08:33 pm - Link - Report abuse 0
  • Briton

    now you have just confused him..lol

    Jan 17th, 2014 - 08:34 pm - Link - Report abuse 0
  • Anglotino

    Narine = nostril in French
    T = Tobias
    Nüster = nostril in German

    I knew he'd race back on here as soon as he got home.

    Hard to believe it was two weeks. With Stevie off the rails I didn't even notice he was missing.

    Well, welcome back for your 2014 stint Nostrils.

    Jan 17th, 2014 - 08:36 pm - Link - Report abuse 0
  • toooldtodieyoung

    76 Briton

    And there was me thinking that I couldn't be any clearer if I tried......

    Jan 17th, 2014 - 08:36 pm - Link - Report abuse 0
  • Briton

    ha ha,
    he probably don't even know where the British isle are.lol

    Jan 17th, 2014 - 08:38 pm - Link - Report abuse 0
  • Narine T. Nüster

    I would be helful to the debate when people laid back from the focus on my name.

    Narine is a completely standard FRENCH name. Just like Elodie or Margaux.

    Nüster is a competely standard GERMAN name, just like Oster or Münster.

    I am a EU citizen, a child of the Franco-German alliance.

    I am absolutely flabbergasted that my name could generate so much conspiratorial chatter. Can be return to the subject please?

    Jan 17th, 2014 - 08:40 pm - Link - Report abuse 0
  • yankeeboy

    Kirchner lies low as Argentina slides rapidly into chaos
    ON a visit to Buenos Aires in November last year, I noted a sense of foreboding hanging over the city. With the economy in a stall, consumer prices rising and capital fleeing the country, portenos from every walk of life seemed to be bracing for a storm - and resigned to the hardship it would bring to this harbour city.
    http://www.theaustralian.com.au/opinion/kirchner-lies-low-as-argentina-slides-rapidly-into-chaos/story-e6frg6zo-1226803519620#

    Jan 17th, 2014 - 08:43 pm - Link - Report abuse 0
  • Briton

    your playing with us [ right]
    ya trying to teach us to play bells [ right]

    pull the other one old chap, it might ring..lol

    Jan 17th, 2014 - 08:44 pm - Link - Report abuse 0
  • Condorito

    The humble tomato wrong foots CFK and her goons again:

    http://blogs.ft.com/beyond-brics/2014/01/17/argentina-inflation-and-the-tale-of-cristinas-tomatoes/#axzz2qgzo137P

    Amazing. The central bank is burning up reserves and they are arguing about how to control tomato prices.

    Jan 17th, 2014 - 09:13 pm - Link - Report abuse 0
  • redp0ll

    No, I don't think Nuster is Snotty returned. Not his style at all
    A new poster, so let's give him or her a break.

    Jan 17th, 2014 - 09:21 pm - Link - Report abuse 0
  • A_Voice

    ...like someone would give their child the first name Nostril to go with the surname Nostril.....yeah right...

    Jan 17th, 2014 - 09:26 pm - Link - Report abuse 0
  • MagnusMaster

    @59 Yes, in Argentina people don't think they can or should keep in check the government, their only duty as far as they're concerned is to vote whoever they think will them benefit economically while praying they don't steal too much, while everything else is the duty of the government, and if things go wrong, its the government's fault. I was even told to stop caring about the country, because unless I wanted to do politics there was nothing I could do, and I should just vote whoever benefits me personally. Everyone knows that no matter how much politicians steal, the people will never be able to do anything and won't even care until they get their pockets emptied out, so nobody does anything.
    Unfortunately, anyone in Argentina who isn't apathetic or a thief ends up either miserable or dead. Argentina isn't a place for idealists or people with hope in humanity.

    Jan 17th, 2014 - 09:27 pm - Link - Report abuse 0
  • Narine T. Nüster

    Very interesting articles.

    They do appear to be quite sensational in their Approach. I would hope a more balanced Approach from the mainland EU press.

    Jan 17th, 2014 - 09:30 pm - Link - Report abuse 0
  • Think

    (42) Narine T. Nüster

    Are you by any chance THE Narine T. Nüster?
    The renowned Franco-German rhinologist...
    ;-)

    Jan 17th, 2014 - 09:30 pm - Link - Report abuse 0
  • A_Voice

    87
    My apologies but you could have Picked a better name...
    NO SEnse in disbelieving you.....
    I'm not Poking fun...
    .....I lied...I am..;-))

    Jan 17th, 2014 - 09:35 pm - Link - Report abuse 0
  • Narine T. Nüster

    I belong to a small but very successful Family line, the Nüsters

    http://www.ancientfaces.com/surname/nster-family-history/2912437

    And Narine is a Version of a greek Name, that my parents game me honoring the Greco-Roman roots of EU civilization.

    http://www.ancientfaces.com/surname/nster-family-history/2912437

    Now that I have proven categorically both of my names are totally legitimate and nothing to do with the conspiratorial fantasies of a Portion of participants here, I hope we can now move on...

    Jan 17th, 2014 - 09:45 pm - Link - Report abuse 0
  • redp0ll

    @88 rhinologist? Very clever Think. You been sniffing your rat lines again?

    Jan 17th, 2014 - 10:09 pm - Link - Report abuse 0
  • Stevie

    Hahahaha
    Nostril, you are a master of names!!!
    This last creation is above anything else. Pure class!

    Jan 17th, 2014 - 10:12 pm - Link - Report abuse 0
  • Doggy Rap

    50 Paul the Idiot Cedron blabbers as usual

    “what can you know about argentines, you chilean troll?”

    Not only do I have considerable knowledge of Argentines, having worked as a consultant in Argentina, but you are wrong again.
    Not English, not Chilean. Only 204 guesses left.

    “visiting chile is as bad as going to miami.” - yet more than 1.5 million Argentine tourists travel to Chile each year.

    “chilean beaches with no waves” - poor idiot, all Chilean beaches face the Pacific Ocean. In e.g. Viña del Mar in calm weather one huge wave each 12 seconds.

    Something for the English course, you promised me:

    argentines - in proper English read: Argentines
    chilean - in proper English read: Chilean
    chile - in proper English read: Chile
    miami - in proper English read: Miami

    Jan 17th, 2014 - 10:17 pm - Link - Report abuse 0
  • nigelpwsmith

    It's highly likely that as soon as the mad witch gave permission for the printing presses to pump out 40 Billion Peso, she made a dash for the airport and is now currently running the country out a Skype link located in the Casa Rosada, but originating from somewhere in the Caribbean.

    She running the country by remote, to ensure that she's not strung up.

    Any country pumping that much worthless money into the economy will see hyper-inflation in no time at all. Does anyone recall what happened to Zimbabwe? They now use 100 Trillion Zimbabwe dollar notes to bind books. Mind you, Mugabe retains his grip on power at the point of the gun. Anyone criticising him has a nasty accident.

    The interesting thing about Zimbabwe is that after they switched to the US dollar, they started recovering, but only because so much is smuggled out of the country. They are unable to get hold of fresh dollar notes, so they wash and recycle the old ones, which by now stink to high heaven.

    CFK's corpse will stink to high heaven when her son works out where all the bank accounts are located. That is of course if she doesn't kill him first!

    Jan 17th, 2014 - 10:24 pm - Link - Report abuse 0
  • Stevie

    Doggy
    Hmmm...
    Here it comes then....
    After every citation, your comments should begin with a capital letter, unless you use a comma as a divisor.
    You are also missing a comma, or two, after Viña del Mar, as the phrase makes no sense as it is.
    Finally, the comma between “course” and “you”, makes no sense either.

    You'll get it soon though, don't you worry.

    Want to try Spanish?

    Jan 17th, 2014 - 10:33 pm - Link - Report abuse 0
  • Faz

    Nostril, welcome back, please tell us all about your holiday. Are there any snaps?

    Jan 17th, 2014 - 10:40 pm - Link - Report abuse 0
  • Think

    TWIMC

    I can see by the previous posts that Mr. Yankeeboy and a couple of other gullible Anglos were literally “taken by the nose” by “Ms. Narine T. Nüster”...

    I'm happy to see that the first to spot her spoof was Mr. Condorito, my proletarian rooted, half indigenous hermanito Shileno... (Who, by his latest comments seems to be evolving to become a typical haughty Argentinean Porteño...:-(

    I'm less happy to see my compatriot, Mr. Paulcedron show such a great ignorance about the beautiful Chilean (the water IS a tad chilli though) beaches and their pretty subcompact girls....
    Very unbecoming of a member of the Belgrano Athletic Club; I must say!

    Jan 17th, 2014 - 10:42 pm - Link - Report abuse 0
  • Troy Tempest

    61 Nostril

    “... we in the EU...”

    LOL, setting the stage, are we???

    LOL, laff laff laff... !!

    Jan 17th, 2014 - 10:54 pm - Link - Report abuse 0
  • Faz

    Ah Think...single malt and porridge are imports and getting more and more expensive. And what with the power on and off frequently - howr ya doin? Or, are you tuning into The Bridge?

    Jan 17th, 2014 - 11:00 pm - Link - Report abuse 0
  • ron_57

    Good news from >bully -In-Chief-Barry Obama...
    he said,
    the NSA information collected from Mercopress blogger's comments,
    the german leader e-mails and the brazilian presidents e-mail, all costs pay by the taxpayers makes him feel superior to finish his >messy administration

    Jan 17th, 2014 - 11:08 pm - Link - Report abuse 0
  • Think

    Turnip at (99)

    1) Quite decent Patagonian Single Malt…:
    http://www.connosr.com/worldwhiskyreview/issue-8/el-gringo-unmasked/

    2) Commercially available Argentinean Oats…
    http://www.connosr.com/worldwhiskyreview/issue-8/el-gringo-unmasked/
    (Though….I get mine fresh from a local producer :-)

    Jan 17th, 2014 - 11:16 pm - Link - Report abuse 0
  • redp0ll

    Stop it you lot! Let's judge Narine by her posts and not jump to conclusions.

    Jan 17th, 2014 - 11:17 pm - Link - Report abuse 0
  • Doggy Rap

    Stevie has just admitted in #95 that he is paulcedron.

    paulcedron promised to give me a an English course, but forgot to log out from Stevie and in as paulcedron.

    Unfortunately as Stevie/paulcedron does not speak English but American, he is unaware that the comma in “Something for the English course, you promised me” is correct English.

    Jan 17th, 2014 - 11:38 pm - Link - Report abuse 0
  • Don Alberto

    @ 84 redpoll

    “No, I don't think Nuster is Snotty returned. Not his style at all

    A new poster, so let's give him or her a break.”

    Sure. Australian rhinos have wings.

    In #87 Toby makes this cute blunder: “mainland EU press”.

    redpoll, get a cup of strong coffee.

    Jan 17th, 2014 - 11:41 pm - Link - Report abuse 0
  • Stevie

    Sure Doggy...
    Live with your linguistic delusions and your pointless hypotheses...

    Jan 17th, 2014 - 11:54 pm - Link - Report abuse 0
  • MagnusMaster

    @94 I think she knows printing pesos is a bad idea, but either she wants to destroy the economy out of spite or she wants to pay the increases in police salaries, also out of spite. Maybe both. I think CFK must be thinking “So the police want a bigger pay? They got it, but now their pesos are worthless! hahaha!”

    Jan 18th, 2014 - 01:09 am - Link - Report abuse 0
  • A_Voice

    Just saying.....
    ...“Something for the English course, you promised me:”

    This part of the sentence... “for the English course”...is known as a restrictive relative clause.
    ....You should not put commas round a restrictive relative clause....
    ....no comma was required in that sentence...
    Yes, I am aware that I use ellipses correctly and incorrectly....;-P

    Jan 18th, 2014 - 01:10 am - Link - Report abuse 0
  • Troy Tempest

    103 Doggy Rap

    “Stevie has just admitted in #95 that he is paulcedron.”

    Yes, I saw that - and here Iam thinking “Paul”was actually Nostril Boy.

    Jan 18th, 2014 - 02:06 am - Link - Report abuse 0
  • paulcedron

    108 trolo tempestilent
    you would be a total failure as a detective.

    Jan 18th, 2014 - 02:31 am - Link - Report abuse 0
  • The Chilean perspective

    The Argentines are very easy to dislike, they think themselves superior to everyone else, they have no ability to self criticize, and mostly they rest on their laurels making no effort to improve, happily satisfied with their once glorious past.
    I'm no fan but I also don't think that the sky is falling in on them. In fact it's not too late to fix things, but to make a change you first gota make a change.
    1. Inflation.... would they cut back gov spending by 30%? is yes, then inflation would go back to low teens or high single figures (recession alert).
    2. Currency.... would they devalue the currency at an accelerated pace to catch the black market rate/ if so then there's the real possibility (in conjunction with 1) that currency controls could be lifted.
    3. Export tax (retentions)... Lowering this tax with a target of eliminating it would revitalize their anaemic farm sector which is the principal source of dollars.
    4. Central bank.. Must have an independent BCRA.
    I won't continue because It's possibly putting people to sleep but I can see a smaller government with an exchange rate of between 50- 80 pesos per dollar with open access to foreign exchange which is pouring in because of a competitive and revitalized farm sector. So if comrade Kicillof is reading this pay attention.

    Jan 18th, 2014 - 05:12 am - Link - Report abuse 0
  • Stevie

    You are easy to dislike too, regardless your origin...

    Jan 18th, 2014 - 07:04 am - Link - Report abuse 0
  • MagnusMaster

    @110 a bit hard to cut goverment spending when the people are willing to cause total chaos to get a higher pay. They also can´t fire people, I can´t imagine what government workers will do if that happens. That is the big elephant in the room.

    Jan 18th, 2014 - 12:38 pm - Link - Report abuse 0
  • paulcedron

    110
    “I won't continue because It's possibly putting people to sleep but I can see a smaller government with an exchange rate of between 50- 80 pesos per dollar ”
    no, you don't have to continue because you are a complete ignorant.

    Jan 18th, 2014 - 12:58 pm - Link - Report abuse 0
  • Think

    (110) The Chilean perspective
    You say...:
    “Lowering the export retentions with a target of eliminating them”
    ”(Argentinas') anaemic farm sector“?
    ”Devalue the Argie currency to between 50- 80 pesos per dollar”
    I say...:
    If you excuse me, my dear hermanito shileno, I will rather listen to comrade Kicillof....

    (112) MagnusMaster & (113) paulcedron
    Where were you lads in the nineties when ALL the RELEVANT macroeconomic indicators in Argentina cried DISASTER whilst La Nacion, La Prensa, El Clarin, The Economist, The Wall Street Journal and the Banksters were telling us that everything was OK?

    Today, most of the RELEVANT macroeconomic indicators in Argentina are quite OK whilst La Nacion, La Prensa, El Clarin, The Economist, The Wall Street Journal and the Banksters are telling us that everything is a disaster....

    Jan 18th, 2014 - 02:27 pm - Link - Report abuse 0
  • Stevie

    Think
    That's called “The eye of the beholder” and to those muppets you list, everything is fine as long as they are profitting from it...

    Jan 18th, 2014 - 02:39 pm - Link - Report abuse 0
  • yankeeboy

    The Marxists ruined the economy, look to Venezuela to see the immediate future for Argentina.

    Jan 18th, 2014 - 03:18 pm - Link - Report abuse 0
  • Stevie

    You mean we were doing fine up until 2002 and now, everything is ruined?

    I have a feeling very few people will believe you down here, yanqui.

    But hey, nothing bad in trying...

    ;)

    Jan 18th, 2014 - 03:23 pm - Link - Report abuse 0
  • yankeeboy

    Argentina had a brief period in the years following the default to right itself become solvent and reliable.
    The Ks did the opposite the stole massive amounts of private property to keep the economy oiled and the people bribed.
    I have sad for years what they have done over the last decade is not rocket science. It is very easy to live well when you are spending other peoples money.
    The money ran out last year
    Everyone with an brain cell knew this was coming
    Now the vortex is spinning too quickly and there is nothing that is going to stop it or slow it down
    They've lost

    Prison is too good for these crooks

    Jan 18th, 2014 - 03:32 pm - Link - Report abuse 0
  • Stevie

    That would mean the “Marxist” ruined nothing, but merely failed to resolve an already ruined economy... Plan Brady, was it?

    Shovel it, yanqui. You are transparent.

    Jan 18th, 2014 - 03:46 pm - Link - Report abuse 0
  • yankeeboy

    Er no, try reading my post again
    dufus

    Jan 18th, 2014 - 03:51 pm - Link - Report abuse 0
  • Stevie

    Lets say your bollocks is true, and Argentina is in bad shape.

    Now, either the economy was great during the default and the “Marxists” ruined it, or the economy was crap and the “Marxists” failed to restore it.

    You are trying to tell me the economy was great and the “Marxists” blew it.
    I'm telling you to shovel it and that you are transparent...

    Jan 18th, 2014 - 04:07 pm - Link - Report abuse 0
  • yankeeboy

    What I am saying is in 2001 the economy could have gotten any worse. They had the opportunity to fix it once and for all
    But they chose to steal and bribe and that won decade was nothing but a cheap facade covering rot
    It will turn into a lost generation
    I hope your happy

    Venezuela paved the way and Argentina is speeding down the same road
    Stupid Marxists

    Jan 18th, 2014 - 04:24 pm - Link - Report abuse 0
  • Stevie

    So, they basically fucked up an economy that was in ruins to begin with, according to you... Read up on plan Brady yet?

    Jan 18th, 2014 - 04:36 pm - Link - Report abuse 0
  • Troy Tempest

    Stevie

    Whatever state the economy was in, the K's have been in power over 10 years and cannot point the finger at others for the state your economy is in.

    They and their officials have taken the opportunity to line their pockets, at the expense of the Argentine public.

    Jan 18th, 2014 - 05:02 pm - Link - Report abuse 0
  • Stevie

    So you say...

    Jan 18th, 2014 - 05:08 pm - Link - Report abuse 0
  • yankeeboy

    Attacks by a school of carnivorous fish have injured at least 10 people bathing in an Argentine river since Thursday.

    The attacks took place in the Parana River in Rosario some 300 kilometers (186 miles) northeast of Buenos Aires. Seventy people who were cooling off from high temperatures were also injured there in late December by the same piranha-like fish.

    You'd think after the 1st time they'd learn
    They are really not a smart people

    Jan 18th, 2014 - 05:46 pm - Link - Report abuse 0
  • Stevie

    Better than carnivorous fish brains attacking schools...

    Jan 18th, 2014 - 06:00 pm - Link - Report abuse 0
  • toooldtodieyoung

    121 Stevie

    “Lets say your bollocks is true, and Argentina is in bad shape”

    Do you think??

    Please tell me you are taking the p*ss.

    Please tell me that you are not SSSSOOOOO short sighted that you can not see that KFC is running argentina into the ground.

    Please tell me that you are not so blind that you do can not see that there is going to be shortages and untold misery ahead for anyone in argentina.

    Jan 18th, 2014 - 08:40 pm - Link - Report abuse 0
  • Stevie

    Where do you think your own unpayable debt is leading you?
    What to live on when not on borrowed money?

    I don't know where Argentina is heading, but I do know her debt is managable and she can stand on her own feet. As for with those economies that based their standard of living on borrowed money, I think they are facing hard times...

    Jan 18th, 2014 - 08:45 pm - Link - Report abuse 0
  • toooldtodieyoung

    129 Stevie

    Before the battle of Little Bighorn, Chief Sitting Bull had 100 pieces of flesh cut from his arms and then he danced around the totem pole in the camp until sun set. He collapsed and when his wives revived him he said he had seen a “wonderful vision”. he had seen American soldiers falling into the camp while a voice told him that “I give them to you because they have no ears”

    YOU remind me of this story.
    YOU “have no ears”.
    KFC has no ears.
    ARGENTINA has no ears.

    Jan 18th, 2014 - 09:15 pm - Link - Report abuse 0
  • The Chilean perspective

    113 paulcedron + 114 Think.
    Well my humble suggestions might sound like an impossibility but I assure you it's more than doable, in fact we did it and more. In 1981 the Chilean Peso was about 40 /1 against the US$ within 3 years it was 100/1 today it's about CLP$ 540/1. It worked out fine for us, you guys should aim for a 100/1 within 3-4 years it will make all the industrial and agricultural sectors much more competitive (hopefully your livestock exports since I'm sick of that cheap Paraguayan beef). As for the gov spending if they start by cutting all subsidies, and I mean ALL subsidies you will see an instant improvement. I tell you hermanitos we went from 600% inflation to 9% in six years. You guys with infinitely more natural resources should have no trouble. As for civil unrest sure the medicine tastes bad but the alternative is worse, and besides you have so many branches of law enforcement if organized properly it can be done, but does your populace want to endure the necessary few years of pain ? No pain no gain, who dares wins, nothing ventured, nothing gained......You see what I mean right. Saludos.

    Jan 18th, 2014 - 09:34 pm - Link - Report abuse 0
  • Stevie

    Let me check... Well, I can't see them, but wait... I can most certainly feel two ears.... Yes, no doubt about it...

    Jan 18th, 2014 - 09:36 pm - Link - Report abuse 0
  • Doggy Rap

    # 128 toooldtodieyoung

    haven't you already noticed that Stevie is not the sharpest knife in the drawer?

    Jan 18th, 2014 - 09:41 pm - Link - Report abuse 0
  • Stevie

    I assume that title belongs to you...

    Doggy
    The sharpest knife in the drawer.

    Jan 18th, 2014 - 09:53 pm - Link - Report abuse 0
  • yankeeboy

    The heat is on!
    Blackouts of large swaths of BA
    Peso at 12
    I hope they're not pinning all their hopes on the SOY
    Cause that ain't gonna happen this year
    Which means they can't import fuel
    Couldn't happen to a nicer bunch of people

    Jan 18th, 2014 - 09:54 pm - Link - Report abuse 0
  • paulcedron

    135.
    yes, right
    how many tons are you planning to reap in the 2013/ 2014 campaign in the tiny islands?
    0 (zero)?

    Soja Regresar al Sumario Septiembre / Octubre 2013
    “La campaña de soja en Argentina alcanzaría récord en 2013/2014
    Se llegaría a los 54 millones de toneladas en el ciclo 2013/14.”

    “9,5 millones tn de trigo, mientras que se proyectan 77 millones tn de producción entre soja y maíz”

    https://www.bcr.com.ar/pages/gea/estimaProd.aspx

    Jan 18th, 2014 - 10:01 pm - Link - Report abuse 0
  • Think

    ( 131) The Chilean perspective

    Thirthy (30) years ago, in 1984 the Chilean Peso was about 100 /1 against the US$...... today it's about CLP$ 540/1.
    That gives us a 540% devaluation in a 30 years period....

    Thirtheen (13) years ago, in 2001 the Argentinean Peso was 1 /1 against the US$...... today it's about AR$ 7/1.
    That gives us a 700% devaluation in a 13 years period....

    The above means that we Argies are devaluating at trice your speed....

    My shilean hermanito.....
    Controlled devaluation is no panacea...... but it helps.
    Brutal devaluation as you seemed to recommend at (110), kills.

    Jan 18th, 2014 - 10:05 pm - Link - Report abuse 0
  • Stevie

    Paul
    It's his crystal ball speaking. Lets listen to it, for a laugh...
    Soon, in half an hour or so, Argentina will default. For the second time this week...

    Jan 18th, 2014 - 10:09 pm - Link - Report abuse 0
  • yankeeboy

    136. Those projections were done based on the crops thta were planted yet not accounting for the multiple heat waves.
    Your crops are withering or burned by now

    My crystal ball is pretty darn accurate where Argentina is concerned

    Think, did you get enough recipes for dog?
    BTW I've had to take over your role as the poster of the updated peso. You've seemed to dropped the ball after it got over 9.5.
    hahaha

    Jan 18th, 2014 - 10:21 pm - Link - Report abuse 0
  • toooldtodieyoung

    133 Doggy Rap

    Yup. Thanks for that.

    I think I would be better looking out for rocking horse s**t or Hen's teeth rather than trying to get a intelligent conversation out of “Stevie”

    Jan 18th, 2014 - 10:21 pm - Link - Report abuse 0
  • Stevie

    I think you'd do the world a favour, should you occupy your time with that sort of work. That, and you'd be about twice as productive as you are today...

    Jan 18th, 2014 - 10:27 pm - Link - Report abuse 0
  • paulcedron

    stevie
    what can an islander, yankee wannabe, know about campo argentino?
    nothing for sure.
    the poor thing did not even read the article of the bolsa de comercio de rosario because it is in spanish.
    otherwise, the moron should know that those projections are from december 30th 2013 and that they take in account the weather conditions.
    es un pobre boludo...

    Jan 18th, 2014 - 11:59 pm - Link - Report abuse 0
  • Stevie

    yanqui?
    Nothing, don't you worry, Paul.
    But he does make me laugh with his Nostradamus crap...
    Take him for what he is, the failed abortion of a brief, very brief, meeting between a court jester and a fortune teller...

    Jan 19th, 2014 - 12:10 am - Link - Report abuse 0
  • yankeeboy

    One of us will be right and one of us will be wrong in 3 months we will know

    Psst Soy is going up in Chicago, why might you ask, because the crops are ruined in Argentina...
    yeah I follow the news
    Maybe you should read news from this month.
    retards

    Jan 19th, 2014 - 12:21 am - Link - Report abuse 0
  • paulcedron

    jaja
    an islander from a tiny rock talking about negocios agropecuarios or construction is funny.
    a bit tragicomic too, but funny

    Jan 19th, 2014 - 12:34 am - Link - Report abuse 0
  • Condorito

    @The Chilean perspective
    Good to see you back. Enjoying the summer I hope.

    I fear your sound economic remedies are lost on the target audience - they are firmly stuck in the past somewhere between denial and pride even as the K's model unwinds daily.

    @Think
    “seems to be evolving to become a typical haughty Argentinean Porteño”
    I can't remember the last time I met one of those, the “won decade” seems to have reduced their grandiosity. Every cloud....

    You say:
    “my compatriot, Mr. Paulcedron show such a great ignorance”

    Can't disagree with you there.

    ...
    (thanks for the Malt link)

    Jan 19th, 2014 - 12:38 am - Link - Report abuse 0
  • ElaineB

    “Lets say your bollocks is true, and Argentina is in bad shape.” Seriously, Stevie? Are you still saying the Argentine economy is fine? Seriously?

    Argentineans bought from the snake oil salesman - Nestor - because he told them what they wanted to hear. When people are so destroyed they want to hear the message of hope. They want the nationalist line because the reality is too bleak to comprehend.

    The K's, on the other hand, saw an opportunity to take advantage of the situation and make a personal fortune. They introduced an unsustainable economic model that has failed Argentina in the past. Still, things seemed to get better for a few years - how could they get any worse? - and when people are content they don't question the method.

    I suspect if Nestor had survived he would have changed the 'model'. CFK is surrounded by her child's play mates who have not a clue what they are doing. She is hopelessly idealist with no idea how to run an economy.

    Jan 19th, 2014 - 10:36 am - Link - Report abuse 0
  • yankeeboy

    Looks like the price controls have brought bare shelves. Imagine! Who would have thought it!
    It also looks to me that CFK is getting ready to accept IMF audits and bail out money.
    I wonder how it will all play out will she flee so the next Prez can take the bailout?
    Dictators always overstay their welcome I can't imagine she'll be any different.

    Jan 19th, 2014 - 10:53 am - Link - Report abuse 0
  • cornelius

    I do not understand why the people in this forum are taking comments from Stevie and arguing with this idiot none of his comments deserved attention.

    Jan 19th, 2014 - 12:15 pm - Link - Report abuse 0
  • ElaineB

    @149 His skewed comments tee up valid points from us.

    Jan 19th, 2014 - 01:38 pm - Link - Report abuse 0
  • Troy Tempest

    149 Cornelius

    To put it another way,

    “Stevie” is the bumbling straight man who sets up the clever bits!!

    Jan 19th, 2014 - 04:20 pm - Link - Report abuse 0
  • Stevie

    And you lot are the self-proclaimed sharp knives of the drawer...

    Jan 19th, 2014 - 04:29 pm - Link - Report abuse 0
  • Troy Tempest

    sure, you're the coke-spoon of Reason

    Jan 19th, 2014 - 05:30 pm - Link - Report abuse 0
  • Welsh Wizard

    148. I'm hearing today that news in coming out that Soy prices will have significant room to rise due to a very poor harvest in Argentina...

    Jan 20th, 2014 - 09:46 am - Link - Report abuse 0
  • paulcedron

    154
    very poor harvest?
    what campaign are you talking about?
    the last?
    http://www.infobae.com/2013/12/31/1534275-la-soja-finalizo-el-ano-mayor-cosecha-y-exportaciones-aunque-los-precios-cerraron-baja
    try to opine about something you can understand,

    Jan 20th, 2014 - 10:09 am - Link - Report abuse 0
  • Welsh Wizard

    What is projected to be a poor harvest due to the weather conditions. Not talking about the last harvest, I'm talking about the soy in the fields today which is having a difficult time of it due to the hot weather...

    Jan 20th, 2014 - 10:33 am - Link - Report abuse 0
  • ChrisR

    @ 155 a cold prune aka paulcedron

    How old are you because from your observable intellect you seem to be about 13?

    Jan 20th, 2014 - 01:13 pm - Link - Report abuse 0
  • yankeeboy

    Welsh our esteemed poster likes to use Gov't projections and out of date links to keep his fantasies alive.
    What the successive heat waves didn't destroy the violent rain and hail should take care of this week.
    I hope Paul has a horse
    I doubt they'll have U$ to buy enough fuel in 2014.

    Jan 20th, 2014 - 01:33 pm - Link - Report abuse 0
  • paulcedron

    158
    what govt projections?
    the bolsa de cerales de rosario is a govt institute, you dimwit?
    infobae is a officialist newspaper?
    shut it kelper.

    157
    you seem to be about 13 and with serious mental damage

    Jan 20th, 2014 - 02:39 pm - Link - Report abuse 0
  • yankeeboy

    Okay I'll help you out since you are a bid thick, this is a 3 day old forecast:

    Argentine corn and soy farms will suffer from hot weather and scant rains for the rest of this week, forecasters said on Tuesday, increasing worries that crop losses will eat into global supplies.
    Argentina, which supplies about 20 percent of the world's corn exports and 12 percent of its soybeans, has been pounded for weeks by an unrelenting Southern Hemisphere summer sun.
    A cold front is forecast to bring storms to the country's grain belt on Sunday, but the moisture is expected to be unevenly distributed. The heat caused analysts to cut their crop estimates, which drove soybean and corn prices higher on the Chicago Board of Trade on Tuesday.
    “There will be no substantial rains in the nucleus of the grains belt at least until Sunday, when we expect a cold front that will bring showers and storms,” said meteorologist Ezequiel Marcuzzi of the Clima Campo consultancy.
    “But even then there will be a great disparity in the distribution of rainfall, from one field to the next,” Marcuzzi said. “One can get 50 millimeters while the field next to it only gets 15 millimeters.”
    Farmers say they need more than 100 millimeters (3.9 inches) of rain in order to revive their fields. Hope has meanwhile faded that Argentina might be able to replenish global corn supplies depleted by a lackluster U.S. harvest.
    Hamburg-based oilseeds analysts Oil World cut its forecasts of soybean crops in Argentina and Brazil by a combined 3.8 million tonnes, which could help raise demand for U.S. soy on global markets.
    Argentina's drought to keep punishing corn, soy
    Hugh Bronstein, Reuters | Updated: 01/17/2012

    Jan 20th, 2014 - 02:47 pm - Link - Report abuse 0
  • Troy Tempest

    160 Ysnkeeboy

    “Okay I'll help you out since you are a bid thick, this is a 3 day old forecast:”

    That was helpful, but I'm waiting for the coming temper tantrum from Paulo, now.

    Jan 20th, 2014 - 03:23 pm - Link - Report abuse 0
  • yankeeboy

    SHB bit, but yeah stupid people hate when reality enters their fantasies.

    Jan 20th, 2014 - 03:27 pm - Link - Report abuse 0
  • ChrisR

    @ 155 a cold prune aka paulcedron
    “you seem to be about 13 and with serious mental damage”

    Luckily for me that is not the case.

    However, were it so I would still be an oder of maginitude more intelligent than you.

    You need to quit while you are behind.

    Jan 20th, 2014 - 03:35 pm - Link - Report abuse 0
  • Stevie

    Yes, Chris...
    Opting to leave Wonderland in order to settle in a country which you show little else affection than despise to, is a clear sign of rational intelligence.
    Not to mention integrity...

    Jan 20th, 2014 - 03:39 pm - Link - Report abuse 0
  • yankeeboy

    I don't think Chris has ever said he doesn't like Uruguay. It seems like he enjoys it.
    Now you Stevie, hate where you live, what you do and who you are.
    Maybe that is why you are confused.

    Jan 20th, 2014 - 03:50 pm - Link - Report abuse 0
  • Stevie

    What?
    I love this place, when have I ever talked bad about this place??
    I got 3 nationalities in paper and 5 in heart.
    I know where I belong, yanqui. I belong there where you lot are, exposing the true nature of your invasive behaviour.

    Jan 20th, 2014 - 04:15 pm - Link - Report abuse 0
  • yankeeboy

    Stevie, You probably don't see how desperately sad come across in your posts.
    If you weren't such a dick I would feel sorry for you.

    You live somewhere where the people ostracize you, you want to live in the “homeland” but don't belong there any longer, you despise the industry you work for, you are a sad sack and it is plain to everyone who reads your posts.
    A Stranger in a Strange land.

    Jan 20th, 2014 - 04:26 pm - Link - Report abuse 0
  • Stevie

    And I love every second of it.
    No flag to hug, no songs to sign, no shepherd to follow.
    Only some clowns to listen to...

    And I listen and I laugh. I seat myself next to the insanity, immune to it's fever but yet another victim of its conscequences. I look at you, your procedures, your cloud castles... and I feel pity...

    Jan 20th, 2014 - 04:34 pm - Link - Report abuse 0
  • Think

    Comment removed by the editor.

    Jan 20th, 2014 - 05:02 pm - Link - Report abuse 0
  • paulcedron

    168 stevie
    so, the isleño is some kind a psychoanalist now.
    he knows what you want and what you have to do, just by reading your posts.
    he must be the warlock of the tribe then.

    no doubts he has the luck of living in such vibrant city like puerto stanley.
    full of life, cultural activities, parks, sports, beautiful women and great architecture.
    they dont have a river vs boca or a peñarol vs nacional, but they have the superclásico sheeps vs penguins
    it is the paris of south america, no doubts.

    Jan 20th, 2014 - 05:15 pm - Link - Report abuse 0
  • Stevie

    Nah Paul
    This one is a proper redneck, as goon as they come.
    He's living the American dream. It's better like that for him, because America awaken is a whole other matter...

    Jan 20th, 2014 - 05:20 pm - Link - Report abuse 0
  • Think

    (170) paulcedron

    You say...:
    “....they have the superclásico sheeps vs penguins”
    I say...:
    Sorry to correct you but... Their Superclásico is Penguins Vs Albatrosses ;-)

    http://2.bp.blogspot.com/-855wqFYKGac/Tdy5NIMvxjI/AAAAAAAADLI/K7mol79zA4I/s1600/BellIfAlbatross.jpg

    Jan 20th, 2014 - 05:26 pm - Link - Report abuse 0
  • paulcedron

    169. think
    i read it. good one.
    the source of information about the campo argentino for these pricks is a guy named hugh bronstein and mercopress.
    what the f*ck can they know about soy, corn, cows, ombúes and gauchos?
    nothing for sure

    Jan 20th, 2014 - 05:28 pm - Link - Report abuse 0
  • yankeeboy

    Oooh good catch Think. Although the article is as relevant today as it was 2 years ago. My mistake it came up in a current news feed for some reason.
    Bad Google News Bad Google News.

    So you are reading my posts
    Any comment on the Peso?
    No
    Gonna wait until its 20?
    and say all is well then too?
    Looks like your contact at State was a bit off on the Paris Club negotiations
    Are you ever right about anything?

    Jan 20th, 2014 - 05:31 pm - Link - Report abuse 0
  • Think

    TWIMC

    I normally don't react to Yankeeboy's aka Fred Bates, Watchington DC (Shoes Salesman, Doomsday Prepper & Cokehead Extraordinaire) but.........

    Why should I comment on the Peso today?

    My past two or three comments about the Peso have been pretty much the same...
    The Government has been devaluating the Peso in a controlled form during the past ~9 months....

    Think “Thinks” this stategy is the correct one...

    Jan 20th, 2014 - 05:48 pm - Link - Report abuse 0
  • yankeeboy

    Except its not in a controlled form by any reasoned persons analysis
    So I guess that leave you out

    Jan 20th, 2014 - 06:24 pm - Link - Report abuse 0
  • Pugol-H

    @paulcedron
    Just to be clear, are you predicting a good harvest then???

    @175 Think
    Where and when is it going to end???

    Jan 20th, 2014 - 07:35 pm - Link - Report abuse 0
  • Think

    (177) Pugol-H

    1) I don't know what Mr. Paulcedron is predicting....
    But the Argentinean Cereal Stock Exchange has, in its last weekly report, (16/01/2014) predicted a bumper crop.
    You can download it here (click on “Descargar”)
    http://www.bolcereales.com.ar/pas

    2) “Where and when is it going to end” you ask......
    If I knew the answer to that, I would have so much money, I could buy Isolde and the rest of the 3,000 squatters out..... many times.

    Jan 20th, 2014 - 08:06 pm - Link - Report abuse 0
  • yankeeboy

    Something is fishy with that previous link I posted, it still show up as only a few hours old and then there is this by the same author:

    A three-week drought that parched Argentina’s Pampas farm belt in December is quietly wilting this year’s corn crop estimates for the South American grains powerhouse and will likely nudge world food prices higher. Local traders and analysts have cut their harvest estimates for this season to the 18 million to 25 million tonne range, way under the prediction offered by the farm minister just a month ago of more than 32 million tonnes. Plummeting forecasts in the world’s No 3 corn supplier will likely support global prices after the US Department of Agriculture last week bucked trade expectations by cutting its forecast for US 2013/14 corn ending stocks. Weeks of record heat took a toll on budding Argentine corn fields last month. Later-planted soy, Argentina’s main crop, was in earlier stages of development, shielding it from the irreversible hurt suffered by corn growing in adjacent fields.

    If they were really expecting a huge crop, they wouldn't be begging at IMF and The Paris Club for a normalization of relations.

    BTW It looks like the Paris Club “negotiations” were a failure. Didn't you post on Sunday that it was a done deal paid with bonds?
    Silly Thicko
    always wrong

    Jan 20th, 2014 - 09:50 pm - Link - Report abuse 0
  • Troy Tempest

    Uh, oh - that's Thick-o caught out!

    Just waiting for “ Pollo” to tell us his crop predictions.

    Jan 20th, 2014 - 11:40 pm - Link - Report abuse 0
  • ChrisR

    @ 179 yankeeboy

    These bonds the Paris Club were supposed to jump for joy over wouldn’t be issued under argie “Law” would they?

    Just when you think Gollum is the stupidest person in the world along comes Kickitoff to prove you wrong.

    Ha, ha, ha.

    Jan 21st, 2014 - 09:54 am - Link - Report abuse 0
  • paulcedron

    Kickitoff
    ha
    good one

    Jan 21st, 2014 - 10:44 am - Link - Report abuse 0
  • lsolde

    @178 Think,
    You could never raise that much money, Think.
    Anyway, our homestead is not for sale.
    @170 paulcedron,
    Jealousy will get you nowhere.
    We like Stanley, so whats it got to do with you?

    Jan 21st, 2014 - 11:20 am - Link - Report abuse 0
  • yankeeboy

    181. Why these RGidiots think they have some sort of negotiating power is beyond any thinking person's ability.
    The world knows they are lying thieving scumbags and that is how they are dealt with.
    Why oh why would anyone, a gov't included, take a debt that is due immediately in U$ and trade them for 10 year bonds that will most likely go into default.
    Plus anyone with 1/2 a brain knows this gov't is about to fail along with the economy. The smart move is to do nothing.
    I've said many times the holdouts will need to deal with the next Prez when they're desperate for Int'l loans
    It will happen it is just a matter of time.
    and time is on their side not Argentina's.

    Jan 21st, 2014 - 12:41 pm - Link - Report abuse 0
  • paulcedron

    “I've said many times the holdouts will need to deal with the next Prez when they're desperate for Int'l loans”

    the good thing is that nobody listens to you.
    wonder why...

    Jan 21st, 2014 - 01:34 pm - Link - Report abuse 0
  • yankeeboy

    You are...

    Next time think it through moron.
    think it through

    Jan 21st, 2014 - 01:40 pm - Link - Report abuse 0
  • Pugol-H

    @185 paulcedron
    Argentina won’t be deciding when (not even an IF, now) it settles with the holdouts, a US court will.

    And it will be long before the next Prez, unless of course this one doesn’t finish her full term.

    This much is quite obvious.

    Jan 21st, 2014 - 05:35 pm - Link - Report abuse 0
  • paulcedron

    isolde
    “Jealousy will get you nowhere.
    We like Stanley, so whats it got to do with you?”

    and what has the price of the dollar in argentina got to do with you?

    Jan 21st, 2014 - 11:49 pm - Link - Report abuse 0
  • Troy Tempest

    188 Pollo

    Still waiting for your revised soy yield predictions...

    Jan 22nd, 2014 - 05:26 am - Link - Report abuse 0
  • lsolde

    @188 paulcedron,
    The value of the dollar in Argentina has nothing to do with me & l couldn't care less about the rate.
    l was responding to your stupid remarks about Stanley.
    Stanley is a nice town & l repeat, it's got nothing to do with you, so keep your sarcastic remarks to yourself.
    Poltroon.

    Jan 22nd, 2014 - 10:36 am - Link - Report abuse 0

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