MercoPress. South Atlantic News Agency
Argentina/Brazil bilateral trade drops to 2010 level. Auto industry hardest hit
Bilateral trade between Mercosur leading partners Argentina and Brazil plummeted 27.6% in August and 22% in the last twelve months, according to Buenos Aires consultants, Abeceb. Recession in Brazil plus strict Argentine trade restrictions and slower domestic demand has contributed to the results. Read full article
Comments
Disclaimer & comment rulesJust so everyone remembers I said this would happen over 2 yrs ago and the idiotic Rgs on this board disagreed with me...over and over and over again.
Sep 03rd, 2014 - 12:38 am - Link - Report abuse 0Its still just the beginning of the end
This crisis will be worse and longer than 2001 or probably any other crisis that Arg has ever experienced.
Wait and see
:)
You also said we should follow Chile's model, and surprise surprise, they are crumbling into recession too.
Sep 03rd, 2014 - 03:09 am - Link - Report abuse 0Difference Chile, Uruguay, and Brazil depend on the rest of the world and now lie at their mercy.
Argentina disentangled itself from subjugating debt and trade with the rest of the world that undermined our independence long ago.
So now any downturn is not exaggerated by our dependence on trade with others, since we have none.
When did Chile's economic slowdown become a crumble into recession?
Sep 03rd, 2014 - 03:39 am - Link - Report abuse 0Brazil and Argentina are in recession.
Chile isn't.
Timerman, Kicillof, and Cristina hate Argentine catholics.....and it looks like the entire south American middle class. Timerman's father wrote a book slamming Chile's right wing. K is the government of revenge and it will destroy Argentina's neighbors with it. Nobody is going to win when the plug gets pulled and an important food producer erupts into Chaos. Argentina isn't a joke, this regime of Marxist Zionist supremists hijacked the gas company and are dragging the region to crisis with a knife to its throat.
Sep 03rd, 2014 - 06:00 am - Link - Report abuse 0“...Marxist Zionist supremacists ...”
Sep 03rd, 2014 - 06:11 am - Link - Report abuse 0bahahahahahahahaha
yb also said that China will not lend you children any money because of the default. Lo and behold.........KFC's lackeys are in China with their longest lasting knee pads sucking for dollars.
Sep 03rd, 2014 - 09:31 am - Link - Report abuse 0You are correct. Your downturn is self inflicted, well done. Not many people would admit that, so what next?
Sep 03rd, 2014 - 10:26 am - Link - Report abuse 0I remember, YB.
Sep 03rd, 2014 - 10:37 am - Link - Report abuse 0The answers simple Christina.
Sep 03rd, 2014 - 10:46 am - Link - Report abuse 0Once you pass your new legislation, make them manufacture Trabants!
Toby, I've learned over the years that you are too stupid to understand the difference in a brief slowdown and what is happening in your country.
Sep 03rd, 2014 - 10:48 am - Link - Report abuse 0Do you remember arguing with me regarding the states of the USA and UK economies? Remember be telling you I wasn't worried about either, and you screeching and denying what I said would happen in Argentina?
Are you conveniently forgetting all of this now? Just like Think, Voice, Vestige, Axel, Marcos, and the other Rgidiots that obviously disappeared from embarrassment? I give you some credit just for sticking around. The rest seems to have sulked off or maybe they can't afford internet any longer.
As I said your choice soon will be Internet or Food.
The next shoe to drop is the auto companies pulling out. There is no reason to mfg in Argentina. The gov't is strangling them and making their choice to pull out really easy.
This won decade will cost a generation.
I think some of the things I said that you thought I said in jest will actually come to pass. You've seen the last technology, in a decade the avg Rg may not be able to afford the technology to communicate with the outside world. It will be reserved for the very wealthy.
Let me tell you what is coming in the medium term, massive layoffs, rolling blackouts in every major city, fuel will be out of reach for the majority of people, electricity/nat gas will be severely restricted by both the gov't and the end users, fresh food products will be scarce, imported foods non-existent, cable/phone subscribers will tumble, banks will collapse, hospitals will close, you can look to Venezuela to see your medium term future.
I am merely pointing out the path your gov't has chosen. Unless there's drastic change in Gov't the path to V is assured. My guess is the Arg population is too stupid and corrupt to elect a leader who can actually fix this. I think soon you'll be looking to Paraguay wondering why they're so successful.
Shouldn't be too long now.
@5
Sep 03rd, 2014 - 12:08 pm - Link - Report abuse 0“...Marxist Zionist supremacists ...”
He forgot Freemasons. ;)
@11
Sep 03rd, 2014 - 01:39 pm - Link - Report abuse 0and the Illuminati and the albino monk.
Yankeeboy was also the first to predict the slowdown in the Chinese economy and the likely fall out that will bring.
Sep 03rd, 2014 - 02:02 pm - Link - Report abuse 0Yet the triple idiots are in China begging right now to get 1Bn Dollars instead of Yuan. Yeah, that's bound to work, NOT, especially with Singer waiting to attach any monies the argies may get.
This article is about one year old, but if you want to see the future of Argentina, you look to Venezuela.
Sep 03rd, 2014 - 02:08 pm - Link - Report abuse 0Car mfg has shut down now in Venezuela. The US and the Japanese have shut down. You can still buy cars though. Check this out.
Why second hand cars cost more than new ones in Venezuela
http://m.bbc.co.uk/news/world-latin-america-24533823
14. Yes that's exactly what will happen in Argentina. The auto mfgs will pull out and BCRA won't have the u$ to pay for imported cars same goes for technology.
Sep 03rd, 2014 - 02:24 pm - Link - Report abuse 0Rgs have a problem dealing with the present. They think because something was it always will be. At least in Argentina. They can't see or understand trend lines.
That's why they think I have a crystal ball.
What I see is really easy to understand if you live in the real world.
@2. There's something very indicative. Look up the number of WTO complaints countries are involved in. Argieland has complained 20 times and has been cited 22 times. Brazil has complained 26 times and has been cited 15 times. Chile has complained 10 times and has been cited 13 times.
Sep 03rd, 2014 - 02:37 pm - Link - Report abuse 0http://www.wto.org/english/tratop_e/dispu_e/dispu_by_country_e.htm
Fairly indicative really. Chile is getting on with most other nations. argieland and Brazil are whingers. And the likely result? Can't really comment on Brazil. On the other hand, argieland will LOSE most of its disputes. Brazil and argieland teetering on the edge. Chile might have some temporary problems. The important question is whether Bachelet is as stupid as CFK. There are suggestions that she may be. I wonder what argieland has got on Chile and/or Bachelet that makes Chile support argieland on the subject of the Falkland Islands? Just an hour of research would show Chile that argieland has nothing. Why support it? Better to toss it away!
Arturo Porzecanski: Argentina “is a ship that is sinking”
Sep 03rd, 2014 - 04:27 pm - Link - Report abuse 0The country is in the presence of the “last act of Kirchner failed experiment.”
http://www.cronista.com/ripe/Arturo-Porzecanski-Argentina-es-un-buque-que-se-esta-hundiendo-20140903-0081.html
Here's an austrian impressionist giving a highly technical visual demonstration of the state of the Argentine economy.
Sep 03rd, 2014 - 07:20 pm - Link - Report abuse 0https://www.youtube.com/watch?v=FHtvDA0W34I
@10 “My guess is the Arg population is too stupid and corrupt to elect a leader who can actually fix this. ”
Sep 03rd, 2014 - 07:53 pm - Link - Report abuse 0Even if the best politician in the world is against the Peronists the people will still vote the Peronist as long as they control all the people that can overthrow the government. The Radicals and PRO must wake up and do real politics outside Congress, until then they have no chance to do anything. Even then I'm not sure if it is possible to do anything. The state needs corruption to function, if the government doesn't steal enough money there will be societal collapse and the narcos, who are even worse, will take over.
Massa will be in charge during the next decade and will fix some of the current insane economic policies, hopefully in the meantime the Radicals wake up and start cutting some of the Peronist's strings.
It's personally sad to see a great nation that lies over the Andes decline into this current mess. What's frightening is that the odds are clearly indicative that this slow moving train wreck will result in an eventual financial collapse that will take a decade perhaps to recover from.
Sep 03rd, 2014 - 08:36 pm - Link - Report abuse 0Most of us will agree that the injuries are self inflicted and that the populace perhaps deserves the corrupt Peronist mafia, but I hope that they'll eventually realize to embrace reality. They need to stop blaming their problems on others and take responsibility.
This sad situation is reflected in the lyrics to Gardel’s tango “Cuesta Abajo.” One stanza reads: “the shame of having been, and the pain of no longer being.” It’s nearly an exact description of Argentines.
--------------------------------------
To rate the stupidity-intelligence scale of South American leaders, I invite all to participate: using a one to ten rating with 10 being the top, my personal ranking is:
2. Maduro
3. Mujica
4. Evo Morales, Rafael Correa, Cristina
5. Ollanta Humala, Dilma Rousseff
6. Bachelet
7. Santos, Horacio Cartes
@15
Sep 04th, 2014 - 12:34 am - Link - Report abuse 0And so it begins. I'm glad I have a dark sense of humor so I can laugh while reading this stuff...
http://www.buenosairesherald.com/article/168823/cfk-blasts-automotive-industry-the-cars-are-hidden-somewhere
@20
Sep 04th, 2014 - 02:19 am - Link - Report abuse 0Unfortunately, Humala needs to be rated right up there. He has taken Peruvian corruption to incredible heights. Peru was headed for a golden age, but now the hope is that it can survive the final two years of this beast.
#22
Sep 04th, 2014 - 03:29 am - Link - Report abuse 0Yes, integrity doesn't fit into the ratings...
#21 I was just reading that. She is starting her final countdown. She has completely melted down. Even peronista's have to be concerned about her madness. Between the pending bills....anti hoarding, debts etc, lowering foreign reserves.........and the Asianization of Argentina, the place has been almost completely Venezueled.
Sep 04th, 2014 - 09:31 am - Link - Report abuse 0Chortle at the new verb, 'to be venezueled' ...
Sep 04th, 2014 - 09:52 am - Link - Report abuse 0Here's an Argie policeman doing his bit to boost the replacement windscreen business in Argentina...
Sep 05th, 2014 - 04:30 am - Link - Report abuse 0http://www.infobae.com/2014/09/04/1592488-un-gendarme-simula-un-accidente-detener-un-manifestante-lear-la-panamericana
The policeman said he did it because the car was driving too slow! A ridiculous excuse but at least he's admitted that he caused the “accident” but then he probably had little choice given the number of cameras that caught him doing it! I'd hope that he'll now be the laughing stock of his comrades, but he deserves to be dismissed for such behaviour. What a dangerous idiot!
@17...why is Kirchnerismo a failed experiment? It's made their own very rich, the lands are ruined with soy pesticides, the money is made. Time to collapse the thing while blaming the wall street that pays them. May 26th “Cristina se compare con Cristo”..you can see that one for yourself on lanata or youtube. If you think this president's pretending to not be Jewish is nothing, then you are mistaken. Ireland in the 1800s had a religious difference built into its crisis and the consequences were severe. Timerman raves about human rights violations, that left him exhiled in the same Israel he criticizes today symbolically. In the old days, Syrian Christians could fill Argentina and Brazil...but it looks like these governments have decided to leave their socieities in ruin and collapse. Not this time.
Sep 05th, 2014 - 03:37 pm - Link - Report abuse 0not too sure what @27 313toBioBio is trying to say here, but will agree that Timmerman is an idiot and totally out of his depth on the global stage.
Sep 06th, 2014 - 12:16 am - Link - Report abuse 0“Kirchnerismo a failed experiment? It's made their own very rich, the lands are ruined with soy pesticides, the money is made. Time to collapse the thing while blaming the wall street that pays them” makes some sense, although I am not to sure about the whole Jewish/religion thing. Seems convoluted.
I happen to know a Syrian muslim chap who owns an electrical goods store in Venezuela, is that relevant?
hmm...
*misses point entirely*
@28
Sep 06th, 2014 - 06:34 am - Link - Report abuse 0It's a common obsession, one that has been around in Latin America and Spain since the beginning, as “marranos” fled to the Americas to get away from the from the Spanish Inquisition, and leading to “crypto Jewish” communities in places like New Mexico, USA. The people are practicing Catholics, but might, for example, light a candle on friday evening in remembrance of their origins. This obsession includes and links Freemasonry as a part of Jewish influence, due to its historic anticlericalism, especially in Latin America. Bolivar in Gran Colombia, Flores in Ecuador, Carrera and O'Higgins in Chile, San Martin, Belgrano, and later Mitre and Sarmiento were all Masons and republicans, by extension against monarchy and the church's influence in society. More recently, Franco's Spain continuously railed against “Jewish Masonic banking conspiracies.” That's why I always bait Paul about forgetting the Freemasons when he throws out non sequiturs referring to Jews. It's hilarious, but really, it says a lot about the mindset. As for Bio's accusation, Cristina herself seems to be of actual Spanish and German descent, but no doubt her mother's middle name of Esther is the damning proof for these clowns. Hope that explains something... ;)
@ 29 imoyaro
Sep 06th, 2014 - 11:56 am - Link - Report abuse 0TMBOA mother's midedle name is Esther?
What a pity it didn't have more influence on her then.
@29
Sep 06th, 2014 - 12:53 pm - Link - Report abuse 0Thank you.
@29 Nestor was also the stereotypical jew, right down to the nose.
Sep 06th, 2014 - 01:12 pm - Link - Report abuse 0This regime plasters Peron everywhere while they destroy Argentina as a satire. Cristina puts Evita's face on the 100 peso note....when people are doing all kinds of tricks to get ahold of dollars. Peron was a regime that plastered swastikas around town and there's interesting documentaries about Evita's dealings with the Vatican and the boats filled with war criminals headed to BA. In the 70s Jews were more likely to receive torture and execution than Catholic Argentines, Timerman exhiled in Israel. Esther is proof and she still goes to a synagogue..combined with the fact that she surrounded herself with Nestor, Kicillof, Timerman ( Min. of ext. and faith)......Capitanich joins the cabinet and another one from the same faith takes over as Chaco governer...where experiments with soy on people's health rivals hitler's work with Bayer. Cristina puts on this scowly voice to satire the 30 something evita and pays tribute to Yrigoyen and Peron (both basically Nazi fascists)...because it's a theater where she plays the role of a fascist patriot.
Sep 06th, 2014 - 02:59 pm - Link - Report abuse 0Peron was an open admirer of Mussolini, and an enemy to the church, the Jews, and the masons. Yrigoyen was the political heir of Alem (a Freemason,) and the man who introduced democracy with mandatory suffrage after years of PAN corruption of the voting process via the the electoral college. Patagonia Massacre aside, he hardly qualifies as a Fascist of any sort and was removed by the military with the backing of conservative groups. By the way, any Freemasons listed in the above, other than Yrigoyen? ;)
Sep 06th, 2014 - 04:20 pm - Link - Report abuse 0When I was living in BA I was looking for what they call a “petite hotel” which is a nice beaux arts house. There was a 4 story one near the US Ambassadors residence in Palermo that I really liked. It was owned by a former military family and I asked the Real Estate Agent how they could afford such a nice place because in the USA people in the Military don't make much money.
Sep 07th, 2014 - 10:34 am - Link - Report abuse 0He smirked and said the probably made some Jew sign it over in the 70s and told them if they wanted to live sign over the house and you have a week to get out of the country.
That's the mindset and this was just a few years ago.
Horrific.
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