MercoPress. South Atlantic News Agency
Argentina and holdouts again disagree before Pollack; end of September another deadline
Argentina still has “unresolved” issues preventing a settlement with bondholders suing the country for repayment after not participating in the country's restructurings following its 2002 default, a court-appointed mediator said Friday. Read full article
Comments
Disclaimer & comment rulesThird World Argentina and Third World US Justice deserve each other.
Sep 06th, 2014 - 06:59 am - Link - Report abuse 0Why is she invited to the G20 summit
Sep 06th, 2014 - 09:56 am - Link - Report abuse 0she resides over a bankrupt country,
as long as the Gs give this delinquent child toys to play with she will never pay her debts,
dump her and her government,..
Argentina should be expelled from the G20.
Sep 06th, 2014 - 02:18 pm - Link - Report abuse 0@2 & 3
Sep 06th, 2014 - 04:46 pm - Link - Report abuse 0I agree with your sentiments, but removing Argentina would require the consent of countries such as China, India, Brazil and Russia. Argentina would have to do something even more flamboyantly egregious than they've already managed. Still, November is two months away, anythings possible.
Personally, I hope Her Ladyship makes the trip. The local media are going to have so much fun with her. She makes Mahathir Mohamad look the very picture of serenity.
Cristina needs to come to Australia. The first Argentina head of state to visit.
Sep 06th, 2014 - 05:04 pm - Link - Report abuse 0She needs to see what Argentina could have been. She needs to see what a well run and prosperous democracy in Argentina could have looked like.
http://theconversation.com/argentina-can-learn-from-australias-economic-success-7032
Where is the next G20 being held.
Sep 06th, 2014 - 06:13 pm - Link - Report abuse 0#5 Anglotino
Sep 06th, 2014 - 06:17 pm - Link - Report abuse 0You know, at first I thought that the two populations are just too different, but you may have something.
As you know, Australia was settled by criminals, has a large populace of Italian immigrants as well a substantial Jewish population and both countries have claims upon Antarctica. Agricultural production, superb cattle, wine and fruit... Both countries railways were originally engineered by the British... They even both celebrate Christmas in Summer...
What if indeed Argentina embraced the Australian model? How did Australia overcome it's founding criminal mentality in the 1800's?
@6 Briton
Sep 06th, 2014 - 06:39 pm - Link - Report abuse 0Brisbane. This could present a problem for Ms Fernandez du Kirchner. Brisbane gets very hot that time of the year. She may melt. Assuming, of course, Conqueror hasn't already assassinated her with the assistance of a marital aid...
Oh I agree that Brisbane might be too warm, for Cristina, that's why Heard Island would be more appropriate for her permanent resettlement... Oh yes, we'll send lots of spare AA size batteries for her appliance... Or does she use D size?
Sep 06th, 2014 - 06:55 pm - Link - Report abuse 0@ 9 Chicureo
Sep 06th, 2014 - 07:49 pm - Link - Report abuse 0I would imagine a 12V battery, one half of a 24V set used to crank start 44T trucks (3,000 cranking amps) would be needed to 'jump' start TMBOA.
She could always go to Kangaroo island, the natives there go 'jumping' around the place.
“end of September another deadline”
Sep 06th, 2014 - 08:13 pm - Link - Report abuse 0No ,the deadline is 'within 25 years.'
ChrisR
Sep 06th, 2014 - 08:15 pm - Link - Report abuse 0Way too nice for her permanent relocation. A 12v industrial grade Diehard might be a bit difficult to insert in her , well you know..., maybe she could just carry the battery in her Hermes purse attached to an extension cord...
Really, an abduction of the entire Argentine delegation in Brisbane and then placing them all into permanent exile on Heard Island would be a blessing for Argentina.
Well at least if she does a classic Carry on,
Sep 06th, 2014 - 08:36 pm - Link - Report abuse 0the Australians can drop her into the outback...lol
@7 The problem with embracing the Australian model is that the people don't trust the free market, especially since the last experiment ended in a catastrophic financial meltdown. Everyone believes that if we switched to the free market everyone would have to work in chinese sweatshops to eat, not to mention the people will never allow the state to get rid of free education and free health care. Plus the government just can't control government spending, I think it is a structural problem inherent to our society that it needs corruption to have a functioning state.
Sep 06th, 2014 - 08:57 pm - Link - Report abuse 014. Its funny and a bit odd that you blame free market principals on your last collapse.
Sep 06th, 2014 - 09:14 pm - Link - Report abuse 0It had nothing to do with it.
#14MM
Sep 06th, 2014 - 10:19 pm - Link - Report abuse 0Yes, but Australia has a capitalistic mixed with socialist economy that's attractive... To my knowledge, there are no sweat shops in Sydney...
The problem of course, is the inbred corruption... Violent change in a country is not the answer, we learned that the hard way in Chile.
@15 I don't blame free market principals, the general population does. However free market principals increased unemployment to 15% and poverty to 30% before the collapse as most factories shut down. And the state implemented a huge austerity. If that austerity wasn't enough then there is a structural issue that is behind the huge government spending that just can't be fixed with IMF “recommendations”.
Sep 07th, 2014 - 12:49 am - Link - Report abuse 0@16 Yes there are no sweatshops in Sydney, but keep in mind that people who work 8 hours a day for peanuts always hear capitalists saying the country isn't competitive enough and thinks that they are complaining that there aren't enough wage slaves.
Inbred corruption is an animal that nobody hows to deal with. Everyone talks about good institutions but nobody knows how to turn bad institutions into good ones. It's definitely not something they have a clue on.
@Chicureo
Sep 07th, 2014 - 02:37 am - Link - Report abuse 0I agree with the Heard Island solution. Kangaroo Island is too close to where I live for comfort and far too nice for the 'shrill Sheila'.
@Magnus
Sweatshops do pop up in Sydney - usually ethnic Chinese illegal immigrants paying off people-smuggling debts. We also have free education - up to tertiary level - and free health care since the early '70's.
Anglotino: commiserations on yesterday's result. Bombers were brave. Good luck next year...
As a young bloke said to me in San Fernando, BA, a few years ago... ' you lot were lucky... you got the english... we got the spaniards'
Sep 07th, 2014 - 04:48 am - Link - Report abuse 0I think it all goes back to that, the early days, westminster system, etc etc....
Doesn't matter who comes afterwards, ten pound poms, wogs,balts, reffos, slopes etc.... the foundations are there.
Argentina? No sound foundations so it will never ever work....
Oz didn't even have to fight for its independence... just asked nicely.....
17. And that would have to happen again. Uncompetitive business would have to close, the gov't workforce would have to be decreased by about 60-70%, Austerity plans would have to be implemented.
Sep 07th, 2014 - 09:58 am - Link - Report abuse 0It would be at least a generation of misery until the population learns to be productive and produce products people want to buy at a fair price.
The IMF formula has worked well many times. Argentina didn't follow it. The problem it had was huge corruption, crony capitalism and disregarding the IMF instructions and the IMF let it go on and kept funding them.
That's why I say it won't happen again.
Anyway you're out of status at the IMF, I am pretty sure in Feb you'll be censured and put on a path of expulsion. It will take years to get back into status and it probably couldn't happen until 2020 at the earliest.
That's the only entity where a bailout could originate.
As I said you're going to be stuck with the Chinese or Brazilians loan programs. But the problem is Argentina really has nothing to offer them in return. Its not like the Gov't owns/controls the farmers to make them produce something the Chinese want and Brazil would only give you enough to keep trade going and from Rgs flooding their country.
That's why I keep saying this next crash is not going be like anything you've ever experienced. It will be worse and longer.
Think about this, last time this happened and all the times before you were self sufficient in fuel. Now you're not.
Big big big difference.
I think in 2015 you'll understand why I told everyone to buy Sugar and Laundry Detergent to trade.
@20 Argentina wasn't that consistently self-sufficient in fuel. I know that because prior to Videla's coup fuel was rationed and the Radicals went to great lenghts to achieve self-sufficiency.
Sep 07th, 2014 - 01:51 pm - Link - Report abuse 0But anyway people will start doing terrorism against the USA like Al Qaeda long before they learn to be productive. The people want a 48-hour work week with the same pay as an European NOW, not to work in a sweatshop for a generation to eat. They don't care about fair price mumbo jumbo, they believe in Right to Life and Human Rights. That's why the IMF recommendations didn't work in Argentina.
21. That's ridiculous, Rgs are cowards and are 13 hours away by plane from the USA. How in the world could the terrorize us?
Sep 07th, 2014 - 01:58 pm - Link - Report abuse 0Get in the real world.
@22 You think the people that loot and kill people for fun in the slums are cowards? And ISIS didn't need to hijack a plane...
Sep 07th, 2014 - 02:16 pm - Link - Report abuse 0@22
Sep 07th, 2014 - 02:17 pm - Link - Report abuse 0“But anyway people will start doing terrorism against the USA like Al Qaeda long before they learn to be productive. ”
I think that's his point, it ain't gonna happen. ;)
23. The are desperate and will become more so but there's no way they could ever harm the USA's interests.
Sep 07th, 2014 - 02:21 pm - Link - Report abuse 0The Arg gov't can always burn them out if get too out of control. Rgs don't care much about human life.
Not really sure where you are going with this, trying to make the USA or Int'l community responsible for your misery may garner support within your boarders but the rest of the world merely rolls their eyes and ignores Argentina.
@25 Oh there won't be a threat to USA's interests but the worse things get the more rich people the poor will kill, if it is from one of our “enemies” then it's a double whammy.
Sep 07th, 2014 - 03:34 pm - Link - Report abuse 0But I don't think it our government can keep things into control so easily. The police itself is made up mostly of criminals from the slums, so is the gendarmerie.
Then Argentina will be just one more on a whole list of countries that civilized people will avoid.
Sep 07th, 2014 - 07:10 pm - Link - Report abuse 0There plenty of other nicer and safer places to visit anyway.
@ 26 MagnusMaster
Sep 07th, 2014 - 07:23 pm - Link - Report abuse 0What is the matter with you with all this “the poor will kill the rich crap”? You used to be a sensible Argentine but now you sound like an idiot.
Also, you are confusing the thugs and the policia with an organised terrorist force; they are nothing of the kind.
Try attacking the American Embassy and killing Americans and see what happens next. Even the worst bat-shit mad argie has got to see that as a death wish.
The only way ‘terror’ could be foisted on the States is if they go there to do it, the flight alone would make them penniless and what do they do when they get there? Contact an Argentine that has a job and is making ends meet in the US to get them to help you commit acts of terrorism?
There is no way that is ever going to work and that’s without Homeland Security getting involved. Should that happen it will be the last you see of them.
Ah yes, it's a matter of different personalities...
Sep 07th, 2014 - 08:02 pm - Link - Report abuse 0If a Chilean finds his wife in bed with his best friend? Normally he shoots his friend at point blank range...
You know what happens if an enlightened American finds his wife in bed with his best friend? He goes to his psychiatrist for counseling.
And our Argentine brethren? The march off to the American or British embassy and start throwing rocks at the windows....
Why not shoot the wife?. She had made the promise to be faithful?
Sep 07th, 2014 - 09:32 pm - Link - Report abuse 0isn't that the local attitude?
Better Answer is Shoot Yourself.
Why Does She Want Others?
Because you are weak.
Because no one respects Argentina.
@28 ISIS isn't that much more than a bunch of Muslims with stolen RPGs who think they can face the strongest army in the world and they got Obama's attention. Of course ISIS is toast BUT muslim terrorism is all about desperate people causing suffering as a form of revenge.
Sep 07th, 2014 - 10:46 pm - Link - Report abuse 0#30 ILSEN
Sep 07th, 2014 - 10:57 pm - Link - Report abuse 0I can only answer for my country, but there are several reasons:
1. You can't shoot the mother of your children. (No children? See the other reasons below.)
2. The Carabineros (Chilean police) will give no mercy to a man who shoots a woman.
3. You will be forced to give up your private club membership for murdering a woman. (Perhaps unless she's a communist.) Forget about Club de Golf los Leones, Club de la Union, El Príncipe de Gales, Club Manquehue....
4. Same thing with going to confession... The priests will not give you absolution.
5. It makes for some very complicated in-law family get togethers.
6. Your legal defense will be very expensive and uncertain.
In conclusion, killing your best friend who's been shagging your wife? Chileans can be very understanding as long as it's not someone like Alexis Sànchez.
I wasn't being entirely serious, but thanks anyway!
Sep 08th, 2014 - 09:08 am - Link - Report abuse 0:-)
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