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“Argentina's economy on the right course” K ambassador tells the Washington Post

Monday, February 10th 2014 - 03:42 UTC
Full article 61 comments

Argentina's reactions to the country's image in the US and particularly that of President Cristina Fernandez administration economic policies have not ceased. This time it was ambassador before the US government, Cecilia Nahón who strongly replied the terms of an editorial from The Washington Post anticipating “Argentina's coming collapse”. Read full article

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  • Anglotino

    I read Nahón's comeback after seeing the heading on Google News. My first thought was who the hell wrote this but as I read and saw the author's name I realised why it was such a pathetic comeback.

    No one believes the Argentinean government anymore.

    Feb 10th, 2014 - 04:33 am - Link - Report abuse 0
  • Be serious

    “On the right course” ?
    Depends on where they think they're going.

    Feb 10th, 2014 - 04:50 am - Link - Report abuse 0
  • Gordo1

    She must be the glove puppet for the ventriloquist known as “la Kretina”!

    Feb 10th, 2014 - 07:07 am - Link - Report abuse 0
  • Redrow

    What, CFK wants to help the small island escape the historical clutches of its big neighbour? Oh, Puerto Rico - sorry I missed that bit ...

    Feb 10th, 2014 - 07:56 am - Link - Report abuse 0
  • Doggy Rap

    ““Argentina's economy on the right course” K ambassador tells the Washington Post”

    Sure, and beside the Argentine inflation is 9 percent and Argentine pigs can fly.

    Is A_Empty_Noise the Argentine ambassador to Washington?

    Feb 10th, 2014 - 09:32 am - Link - Report abuse 0
  • Optimus_Princeps

    Of course in Kirchnerite that's a euphemism for “we completely destroyed the economy, and we're planning our escape.”

    Feb 10th, 2014 - 12:26 pm - Link - Report abuse 0
  • Britworker

    How do you know an Argentine is lying, when their mouth is moving.

    Feb 10th, 2014 - 01:37 pm - Link - Report abuse 0
  • yankeeboy

    5. I think she may post as Axel or Dany. I wish someone would tell her to wash her hair.
    As far as I know the Arg Embassy was blacklisted long ago. They can't get meetings anywhere/anyone with any significance.

    Feb 10th, 2014 - 01:43 pm - Link - Report abuse 0
  • Britworker

    @8
    Can we swop you, you can have the ageing trolly dolly we got stuffed with and we will take your hag with the greasy hair.

    Feb 10th, 2014 - 04:03 pm - Link - Report abuse 0
  • yankeeboy

    9. They're both very uneducated and gross. In DC they have etiquette classes for new Ambassadors and their families. Most of the ones from 3rd world countries have very bad manners, can't dress and don't know how to act around civilized people.

    Feb 10th, 2014 - 04:32 pm - Link - Report abuse 0
  • paulcedron

    “Argentina's economy on the right course”
    si, las pelotas.
    it seems she knows about economy what she knows about international relations, ie: nothing.

    Feb 10th, 2014 - 07:08 pm - Link - Report abuse 0
  • Think

    (11) paulcedron

    Easy boy.... Eaaaaaaaaasy

    Firstly, one talks nicely to them ladies....

    Secondly, if you read the papers, the course is not sooooo bad....., is it?
    - Dollar down...
    - Soy money flowing in...
    - New harvest looking good...
    - IMF being suspiciously friendly...
    - Paris Club Plan advancing after plan...
    - Gramercy Plan also advancing after plan...
    - Oil and Gas production increasing month by month ~+8% in December...
    In short.....Sun is shining over Argentina...
    :-)))

    Feb 10th, 2014 - 07:23 pm - Link - Report abuse 0
  • paulcedron

    12 compañero think
    i really hope you are right.
    now, putting aside the macro economy and working in construction, the picture is pretty dark.
    many investors decided in the last weeks to put their pesos in something more “secure” (bicicleta financiera perhaps).
    guess we will have a good number of new unemployed in the next weeks, i among them.
    about the lady, i would prefer a career diplomat

    Feb 10th, 2014 - 07:36 pm - Link - Report abuse 0
  • Think

    (13) paulcedron

    Goes without saying that I also hope I'm right ;-)
    Sorry to hear about your personal microeconomic situation....
    Let's hope that Kicillof & Co. can, somehow, canalize the money from la fu#*ing bicicleta to construction...
    About the lady...
    I would prefer a careeer diplomat to...
    But she ain't so bad...

    Feb 10th, 2014 - 07:44 pm - Link - Report abuse 0
  • yankeeboy

    12. Nothing can stop a collapse when inflation is running 4.8% A MONTH

    Since you've never been right about anything why bother trying now?

    Feb 10th, 2014 - 07:44 pm - Link - Report abuse 0
  • paulcedron

    15
    since all you have to say is the same old shite, why dont you shut your ass now?

    Feb 10th, 2014 - 07:52 pm - Link - Report abuse 0
  • yankeeboy

    Paul, a couple weeks ago you told all of us construction was booming.
    So why so glum chum?

    I'll give a you a little prediction Inflation will be AT BEST 40% this year w/Peso AT BEST over 20/1
    At worse 100% and peso over $50.

    Buy sugar and laundry detergent so you have something to trade.

    Feb 10th, 2014 - 07:58 pm - Link - Report abuse 0
  • paulcedron

    yank
    “Paul, a couple weeks ago you told all of us construction was booming.”

    not booming but stable in certain parts of the city / country.
    now, probably you need to read what happened in the last 2 or 3 weeks to understand the current situation?
    the problem, at least in construction, is the lack of certainty.
    if the inflation rate is, certainly, of 40%, you could develop a work plan.
    now, when the investors and developers do not know, they all prefer to shut the door and go home.

    Feb 10th, 2014 - 08:11 pm - Link - Report abuse 0
  • yankeeboy

    18. Its not just construction every private business should be holding on to all their cash until they see how this pans out.
    This is the very beginning of what I have been predicting.
    It will get worse much much worse.
    Layoffs have already started in auto mfg, they'll get worse and they may even pull out all together this time.
    The big problem is the Gov't has used py numbers in their projections for this years trade. Those py numbers included a decent auto export market. That won't happen.
    Which means they'll need even more U$ to buy fuel etc.
    They dnn't have it
    There's no way to get it.

    Idiot Think giving false home on IMF bailout, Gramercy Plan bailout, Paris Club bailout is ridiculous. None of that is going to happen. In fact I think this year or maybe next the SCOTUS will rule against Argentina. Which means default and even more ostracization.
    Wonder why you haven't heard anything more about Repsol/YPF because they want U$ not restricted bonds.
    There's no way out of this hole.
    It is just going to get worse quicker.

    Feb 10th, 2014 - 08:21 pm - Link - Report abuse 0
  • Captain Poppy

    #13 Paul I'd love to see Argentina improving, but the fact is it is not and never will with the current administration. Decreasing reserves combined with budget deficits and double digit inflation is a basic equation for default....in any economics.

    As for oil production, if it's increasing why would you be budgeting import increases?

    http://www.platts.com/latest-news/oil/buenosaires/argentina-to-boost-fuel-imports-in-2014-under-21951250

    If farming nations think the soy if going to be the magic bean, think again. Soy prices are expected to deteriorate and relatively soon. Fast forwarding to next year’s crop, November 2014 soybean futures are presently about $1.25 lower than old crop.

    http://www.platts.com/latest-news/oil/buenosaires/argentina-to-boost-fuel-imports-in-2014-under-21951250

    There is no easy out when you default on debt and practice heterodoxy economics.

    The real signs? Just wait until this winter

    Feb 10th, 2014 - 08:32 pm - Link - Report abuse 0
  • toooldtodieyoung

    12 Think

    “In short.....Sun is shining over Argentina... ”

    Yup, you said it Think, The sun even shines on a dogs ass some days......

    Feb 10th, 2014 - 09:01 pm - Link - Report abuse 0
  • ChrisR

    @ 13 a cold prune aka the wheelbarrow guy

    After all the bad names and the untruths about me from you I can only say one thing about you being fired:

    DID THEY LET YOU KEEP YOUR WHEELBARROW?

    See, you sow what you reap!

    Ha, ha, ha.

    Feb 10th, 2014 - 09:03 pm - Link - Report abuse 0
  • yankeeboy

    Except in BA they're having terrible storms and expect major flooding and wait for it wait for it
    more power outages.

    Plus how would he know what the weather is like on my side of the atlantic
    He doesn't usually know when the sun is up or what time it is.

    Feb 10th, 2014 - 09:06 pm - Link - Report abuse 0
  • paulcedron

    22
    the wheelbarrow is mine.
    is the plunger yours or they lend it to you?
    hope you have already found petrol in those clogged toilets.

    btw, you seem to be even more imbecile when you laugh.
    try to avoid it.

    Feb 10th, 2014 - 09:13 pm - Link - Report abuse 0
  • toooldtodieyoung

    24 paulcedron

    “hope you have already found petrol in those clogged toilets”

    I hope you can afford to buy petrol..................... pretty soon you won't be able to afford the can to carry it in.

    Feb 10th, 2014 - 09:44 pm - Link - Report abuse 0
  • paulcedron

    25
    why do you get into a conversation where you don´t have nothing to do?

    Feb 10th, 2014 - 09:51 pm - Link - Report abuse 0
  • Ranger

    poor person, from a poor country, with a poor record for most things, including human rights - but jealous of a set of non argentine islands that won't be poor. not sure if I've added this to the right page but hope everyone will bare with me! message the same though......

    Feb 11th, 2014 - 02:08 am - Link - Report abuse 0
  • ElaineB

    The sun is shining over Argentina?

    They are putting security tags on bags of cheese in the supermarkets. Having reached the heady price of 70 pesos per small bag, they are considered a high theft risk.

    Feb 11th, 2014 - 12:35 pm - Link - Report abuse 0
  • yankeeboy

    28. My guess is they don't have self checkout like we do in the USA either.

    Oh my gosh that post made my day!

    Feb 11th, 2014 - 12:45 pm - Link - Report abuse 0
  • paulcedron

    “They are putting security tags on bags of cheese in the supermarkets. Having reached the heady price of 70 pesos per small bag, they are considered a high theft risk.”

    any link about that?
    last time i was in a supermarket (yesterday) there was not security tags on bags of cheese.
    and the common cheeses don´t cost 70 pesos but 35.
    of course, you can also spend $ 1000 in a brie de meaux if you want, but that is another thing

    Feb 11th, 2014 - 01:02 pm - Link - Report abuse 0
  • ElaineB

    @30 I have seen the story at two sources, so far. I am sure you can find them.

    @29 Yes, we have a lot of self-service checkouts here too. People visiting often comment on the lack of armed security guards - or any security guards - at the entrance of stores. I point out to them the very sophisticated security camera systems. We are being discretely monitored.

    Feb 11th, 2014 - 01:08 pm - Link - Report abuse 0
  • yankeeboy

    One thing I hate about shopping in Argentina is having to get buzzed in clothing (not just) stores. It is annoying because the sales people are lazy and not watching so if you want to go in you have to do it at their leisure.

    If they only knew how much corruption actually cost them I wonder if they'd actually do something about it.

    It took me a long time to stop being so vigilant when I moved back to the USA. It is sad they will never know what it is to feel secure.

    Feb 11th, 2014 - 01:17 pm - Link - Report abuse 0
  • paulcedron

    “ I have seen the story at two sources, so far.”
    surely they were as credible as this 4th class pasquín

    Feb 11th, 2014 - 01:24 pm - Link - Report abuse 0
  • yankeeboy

    33. You do realize this web site doesn't have their own reporters right? Everything is sourced from other newspapers and translated if from Spanish.

    So your comment is not only misinformed it is ridiculous.

    Feb 11th, 2014 - 01:27 pm - Link - Report abuse 0
  • paulcedron

    “You do realize this web site doesn't have their own reporters right? ”
    yes, that is their biggest problem.
    they do not deserve to be called “press”.

    “Everything is sourced from other newspapers and translated if from Spanish.”
    they are lost in translation then

    Feb 11th, 2014 - 01:34 pm - Link - Report abuse 0
  • Be serious

    Did the Facists ever leave Spain?
    Franco lives on.

    Feb 11th, 2014 - 03:09 pm - Link - Report abuse 0
  • ElaineB

    @32 Being 'buzzed' into a hair salon surprised me the most. What are they going to steal? Hairspray?

    Feb 11th, 2014 - 04:43 pm - Link - Report abuse 0
  • yankeeboy

    37. Probably to keep the clients safe from mass robbery. I hear some restaurants and bars are having that trouble now.

    Feb 11th, 2014 - 05:06 pm - Link - Report abuse 0
  • ChrisR

    Remember Pulp Fiction folks with the two idiots robbing a fast food restaurant?

    Good haul in wallets, jewellery and the cash till but that was set in the States where people have money and dollars at that.

    http://www.youtube.com/watch?v=Jomr9SAjcyw

    Feb 11th, 2014 - 08:10 pm - Link - Report abuse 0
  • Tarquin Fin

    38. You are right. That is the reason.
    39. I would have thought local delinquents got that idea from this film but after thinking it through it is obvious that they are taking after the govt.

    Feb 11th, 2014 - 08:36 pm - Link - Report abuse 0
  • Jull

    I wonder what did she counted for this lady introducing the populist policies and if the course seems not bad, why do they face this troubles right now?
    We have seen already the domino effect of crisis in several European countries. Looks like Argentinians just follow the scenario now.

    Feb 11th, 2014 - 10:17 pm - Link - Report abuse 0
  • ChrisR

    Yes, it’s all going swimmingly:

    A cold prune (paulcedron) has his wheelbarrow but no job. Has anybody else noticed how he has changed his attitude of late?

    It’s all different now he is in the shit through the antics of TMBOA and all her little helpers.

    What about asking TMBOA if you can join as Dopey? You will fit in very well until the civil war.

    Feb 12th, 2014 - 10:38 am - Link - Report abuse 0
  • yankeeboy

    42. yeah a couple weeks ago he said construction was booming and all is well.
    What a rube.

    Feb 12th, 2014 - 12:04 pm - Link - Report abuse 0
  • paulcedron

    oil explorer in toilets chrisr
    first, we still have our job, thanks to me and other 3 other wheel barrow men who agreed with the representatives of a british laboratory to continue the ongoing project.
    well done for us.
    second, when did i change my attitude, you imbecile?
    i have always been critic of the current government and all their policies.
    the issue is when some morons like you and many other halfwits here opine about things you dont know nor understand.
    you need to live here to opine, got it, toilet cleaner?
    now go and buy your own plunger.

    yankeetw@at
    when did i say it was booming?
    i said it was stable, and in certain parts of the city there was more construction than 1 year ago.
    of course the new devaluation will affect it no doubts.
    again, you, like toilet cleaner, don´t even know how to spell your own name.
    the best thing you can do is to shut it.

    Feb 12th, 2014 - 02:16 pm - Link - Report abuse 0
  • yankeeboy

    Paul, You can find your own post I'm not your secretary. The new ( is it new or just accelerated) will make all business grind to a halt. This is merely the beginning of the collapse.
    I am anticipating quite a winter
    Quite a winter indeed.

    Feb 12th, 2014 - 03:02 pm - Link - Report abuse 0
  • paulcedron

    yank
    i will try to explain to you what happens / happened with construction here.
    there was a boom in construction until the cepo appeared.
    during 1 year +/- everything was almost paralysed.
    after that time, when the cepo was even more strict, many people with pesos, not dollars, decided that construction was a good way to preserve their value.
    all the investment was done through fideicomisos en pesos, adjusted by the camara argentina de la construcción index.

    so it was not a boom, but in many areas you could see a lot of new projects.
    well, since 2 weeks ago, with the new devaluation, inflation rate and uncertainty, the picture changed completely.
    you understand now?

    Feb 12th, 2014 - 03:27 pm - Link - Report abuse 0
  • ChrisR

    @ 46 a cols prune (paulcedron)

    Oh we all understand!

    You are deeper in the shit now than even last year.

    Want to borrow my plunger?

    Ha, ha, ha.

    Feb 12th, 2014 - 03:49 pm - Link - Report abuse 0
  • yankeeboy

    46. Paul, I was quite a player in BA real estate when I lived there. I know a lot more about it than you do I can guarantee it.
    I still have people trying to contact me to invest!
    Crazy people yes
    but people none the less.

    Feb 12th, 2014 - 03:50 pm - Link - Report abuse 0
  • Tarquin Fin

    @yankeeboy
    You are usually right. But this time you might want to reconsider. Real state operations are pretty low at this moment but I''m constantly spotting new projects sprout all over the city. I actually walk by many of them every day. I see them with my own eyes. Not hallucinating.
    What is wrong with this picture?
    Think about it.

    Feb 12th, 2014 - 04:17 pm - Link - Report abuse 0
  • paulcedron

    yank
    so you were quite a player in real state here.
    funny, cause we worked with many of them: irsa, cbre, consultatio, lj ramos, castro crowwell, etc and we have never met a yankee boy ordering a project.

    maybe you were disguised as a gaucho?

    Feb 12th, 2014 - 04:41 pm - Link - Report abuse 0
  • yankeeboy

    50. Merely an investor, you'd only know my name if you needed money.

    49. I've not been to BA in a couple years and last time I was there I saw a lot of building but absolutely nothing selling. Which means it is fake growth. Some people are going to lose their shirts watching their properties rot away while they are waiting to be sold.

    I was never impressed with the construction quality, the standards are very very low. I don't know how most of those new building are still standing.

    Feb 12th, 2014 - 07:41 pm - Link - Report abuse 0
  • Tarquin Fin

    51.
    My point exactly. It isn't growth, it is money laundering. But the construction is real, tangible and out there to fool people into thinking that a construction boom is taking place.

    Feb 12th, 2014 - 08:24 pm - Link - Report abuse 0
  • paulcedron

    51
    those projects / building i have commented on, are not built to sale but to rent, or just to use them.
    do you know what a fideicomiso is?
    nobody is expecting to sale or buy a property now, unless it was a piece of land, plot, etc.

    52
    money laundering in a 8.66 building?
    nope.
    maybe in bigger projects, but not in the ordinary building you can see throughout the city.

    but you are right, in terms of dollars per square meter, construction is a lot cheaper now.
    the land, on the other hand, has the same cost, but you can always buy it with metros cuadrados terminados.

    Feb 12th, 2014 - 08:37 pm - Link - Report abuse 0
  • yankeeboy

    52. Yep.

    Feb 12th, 2014 - 08:52 pm - Link - Report abuse 0
  • Tarquin Fin

    53.
    You'd be surprised at the number of things available out there in which you can layer dirty money. Anyway, I was focusing on the larger projects.

    Feb 12th, 2014 - 09:08 pm - Link - Report abuse 0
  • Think

    (53) paulcedron

    Some years ago, I learn to despise poster Yankeeboy after he, on this pages, publicly aired his immense pleasure on the news of the dead of some indigent Argentineans during a cold spell in Buenos Aires...

    Anyhow, I took the liberty of finding out who this Yank was.....
    He is a bigmouthed shoe salesman cokehead that worked for Casa Lopez in Buenos Aires...

    Now, he is a “Mr. Nobody” in Watchingtón, USA.
    Here's a link to “Baldie”
    http://fredbates.stagesrealtors-dc.com/

    Feb 12th, 2014 - 09:11 pm - Link - Report abuse 0
  • yankeeboy

    In the USA when you buy a property it is all done with wire xfers or bank checks. People are flabbergasted when I tell them I used to go to buy a property with a suitcase of U$.
    I was super scared though
    I always had my big driver with his gun waiting for me right at the door.

    Feb 12th, 2014 - 09:12 pm - Link - Report abuse 0
  • paulcedron

    good post compañero think.

    i knew this sir had something sickly about argentina.
    i guess he was very happy with the death of 18 argie passengers in mendoza.
    now, with that nickname, yankeeBOY. i thought this was a successful young businessman.

    he must replace his nickname by yankkee-old-bald-loser.

    Feb 12th, 2014 - 09:23 pm - Link - Report abuse 0
  • yankeeboy

    56. oh tinkaroo as I've said many times you are never right about anything.

    If I was that guy I would think about suing for libel though. Maybe I should pass it along.

    Feb 12th, 2014 - 09:32 pm - Link - Report abuse 0
  • paulcedron

    yankee old fat bald loser interests:
    Interests: I love to travel,... and lived in Buenos Aires for 5 years.
    from his “official home page” lol

    Feb 12th, 2014 - 09:45 pm - Link - Report abuse 0
  • yankeeboy

    I don't have a web page. What would I do with one?
    You guys are funny tho
    So obsessed over knowing who i am
    Its sweet.

    Feb 12th, 2014 - 10:49 pm - Link - Report abuse 0

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