MercoPress. South Atlantic News Agency
Argentina's new central bank president: a blend of Keynes with strong government intervention
Alejandro Vanoli, the designated new President of the Argentine Central Bank following Juan Carlos Fabrega’s resignation, is the current leader of the CNV securities regulator, in charge of that entity since 2009 after serving for three years as its deputy. Read full article
Comments
Disclaimer & comment rules“a national and popular economist”
Oct 02nd, 2014 - 08:23 am - Link - Report abuse 0Much prefer a rational and boring economist.
His C.V. (posted on another thread) is a joke.
Oct 02nd, 2014 - 09:24 am - Link - Report abuse 0“has written various articles in scientific magazines”. LOL! It is like a C.V. from someone straight out of university. A real one, I mean.
Toilet paper. That's what to invest in. It'll be flying off the shelves. Here comes the pesos out of the mattresses and jars in the backyard and 20 to 1.
Oct 02nd, 2014 - 09:50 am - Link - Report abuse 0Clarin reckon the previous incumbent lost the 'arm wrestling match' with Kickitoff and this idiot was given the chance to fuck the economy up further with his Peronist education.
Oct 02nd, 2014 - 11:30 am - Link - Report abuse 0BTW, economics is not a science. Any 'Scientific Magazine' that publishes 'economics papers' isn't a science magazine, it's a comic and this guy is a joker.
That guy has a remarkably blank stare.
Oct 02nd, 2014 - 12:38 pm - Link - Report abuse 0Its disturbing
“Argentina's new central bank president: a blend of Keynes with strong government intervention”
Oct 02nd, 2014 - 12:43 pm - Link - Report abuse 0lol
no.
vanoli is the blend of moreno + kicillof, who failed in everything they have done.
the imbecile is not qualified to be in charge of the central bank.
instead of defending the currency through combating the inflation, all he will do is to attack the symptoms.
we already know which will be the result.
So, a Keynesian Free Market Economy with ”strong government intervention ??
Oct 02nd, 2014 - 12:43 pm - Link - Report abuse 0That sounds like an oxymoron to me.
“Fabrega handed in his resignation this afternoon in a way that was impossible to decline,” a source at the central bank told Reuters.
Oct 02nd, 2014 - 01:09 pm - Link - Report abuse 0JAJAJA He told Kristina to “ Go f**k yourself! I quit” !
He just earned more respect from me.
@8 :). I hope.
Oct 02nd, 2014 - 01:29 pm - Link - Report abuse 0Looks like Mr Market doesn't like the new guy.
Oct 02nd, 2014 - 02:25 pm - Link - Report abuse 0These idiotic Ks are throwing gas on the flames.
I can't wait to watch this roll out over the next few months.
Well, CFK couldn't have chosen someone more committed to her project of screwing the economy....
Oct 02nd, 2014 - 03:33 pm - Link - Report abuse 0She has got some who will do whatever she says, more control for her mad politics.
Oct 02nd, 2014 - 03:46 pm - Link - Report abuse 0Does he come with the printed warning, ”light the blue (no pun intended) touch paper and stand well back!”
Oct 02nd, 2014 - 03:47 pm - Link - Report abuse 0Its official, they've gone full retard
Oct 02nd, 2014 - 04:35 pm - Link - Report abuse 0Arg ADR down 9% SO FAR today.
Oct 02nd, 2014 - 04:38 pm - Link - Report abuse 0These people are stupid enough to think threatening banks and trading houses will somehow “fix” the “blue” market exchange.
All that's going to do is throw them deeper into a depression.
Silly Marxists
ruin one country after another
Personally, I feel Kicillof should be commended for training the chimp to sit in a chair.
Oct 02nd, 2014 - 07:57 pm - Link - Report abuse 0:-)
Let' see... would I rather be in a country with 30% inflation....
Oct 02nd, 2014 - 08:24 pm - Link - Report abuse 0... Or in any of the following list of countries???
Senegal
Sierra Leone
Nigeria
Libeia
Guinea
Democratic Republic of Congo
United States of America
WITH EBOLA PANDEMICS ON THE LOOSE.
Hard, really hard.
Ebola won't stop Argentines flocking to the USA if they get a chance to.
Oct 02nd, 2014 - 08:29 pm - Link - Report abuse 0Yeah sure. Your levity and trivializing are so absurd in this context.
Oct 02nd, 2014 - 08:32 pm - Link - Report abuse 0The resignation of the Central Bank’s governor adds to the gloom
Oct 02nd, 2014 - 08:47 pm - Link - Report abuse 0http://www.economist.com/news/americas/21621867-resignation-central-banks-governor-adds-gloom-thumbs-down
But the country's problems were in the making before Fabrega's tenure, and they are beyond anything one central banker can fix. Low commodities prices have hit Argentina's exports hard, and its defaulted status is keeping investors cautious.
Oct 02nd, 2014 - 09:29 pm - Link - Report abuse 0Barclays estimates that if things go on like this, by this time next year Argentina's dollar reserves could be as low as $10 billion.
Read more: http://www.businessinsider.com/argentinas-getting-spanked-2014-10#ixzz3F1chIyc6
@17 4nTrolley Nostrils
Oct 02nd, 2014 - 10:06 pm - Link - Report abuse 0And when the first case of Ebola appears in Argentina ?? what would you prefer ?
22. Toby likes to try to start controversy by taking 1 little tiny thing that happens in the USA and blow it all out of proportion. He likes to pretend he knows what he is talking about and that the rest of us are just gullible enough to believe it.
Oct 02nd, 2014 - 10:16 pm - Link - Report abuse 0It helps that he is delusional and has NPD
One would think he'd be more worried about the increase in Leprosy they're seeing in Argentina due to the collapse of their health system.
Not having med gloves, clean syringes and gauze is going to start to become a very serious problem for them.
Little infections we in the civilized world don't even think about could be killers there.
Just wait this is just the beginning of the collapse.
Looking at Vanoli´s credentials; certainly sounds
Oct 02nd, 2014 - 11:29 pm - Link - Report abuse 0like the “wrong man at the right time”.
@22
Oct 03rd, 2014 - 12:27 am - Link - Report abuse 0They will have to make sure they cook the sewer rats thoroughly before they eat them.
Fortunately there will be lots of pesos around to burn for cooking heat...
@21 YB
Oct 03rd, 2014 - 12:37 am - Link - Report abuse 0That article you linked claims CFK ciriticized Fabrega directly during her big rant the other day. It claims Fabrega was sitting in the front row when she addressed him directly during her speech.
What president would do that? Was that speech televised when she did that?
That behavior is a bit too shocking to believe she actually did what that BI article claims. What leader would belittle a public servant right to their face and right in public?
26. I didn't see it but I am sure it was televised. The general impression from level headed Rgs is that she appeared deranged.
Oct 03rd, 2014 - 12:47 am - Link - Report abuse 0These next few months will be very interesting to watch.
Remember me saying cornered animals are dangerous....
@27
Oct 03rd, 2014 - 12:57 am - Link - Report abuse 0...or delusional.
Wasn't there a speech earlier this year where she claimed Argentina was a slice of heaven and the Falkland Islanders would be foolish to not want to be part of it?
@26 All of CFK's speeches are televised. She didn't mention Fabrega by name but she accused the BCRA for leaking out insider info to the banks and when she was saying that the camera was pointing towards Fabrega.
Oct 03rd, 2014 - 12:58 am - Link - Report abuse 0Moody's said when reserves get under U$20B all heck will break lose.
Oct 03rd, 2014 - 01:05 am - Link - Report abuse 0They claim to have U$27B are past due on U$ 5B my guess is they're already below U$20 and are just working on a float.
They could do that as long as there were car and soy sales
now there's not
They won't have the float much longer
So what else so they have that they can pretend to prop up the value of the peso with, other than threats and angry speeches?
Oct 03rd, 2014 - 01:15 am - Link - Report abuse 0The funny blank stare of Sr. Vanoli speaks volumes.
Oct 03rd, 2014 - 02:03 am - Link - Report abuse 0Doctor.: “ Sr Vanoli, did you take your medications today ? ”
Vanoli: ( - blank happy stare -no answer )
Doctor: “ Sr. Vanoli, do you know why you are here ? ”
Vanoli: ( - blank happy stare - no answer )
Doctor: “ Sr. Vanoli, can you raise your right arm ? ”
Vanoli: ( - blank happy stare - no answer )
Doctor: “ Sr. Vanoli, can you raise your left foot ? ”
Vanoli: ( -blank happy stare-no answer )
Doctor: “ Nurse, I'm having problems with this patient. He isn't responding to any stimuli, and just sits there staring, doing nothing . ”
Vanoli: “ OK- So do I get the job then ? ”
32
Oct 03rd, 2014 - 03:27 am - Link - Report abuse 0Good one, BOTHINO!
:-)
And now, for your chuckle of the day (on a completely unrelated matter; stolen from the Penguin News):
Oct 03rd, 2014 - 04:44 am - Link - Report abuse 0----------------------------------------------------------------------------------------
Argentina Objects to Top Gear's FLK Number Plates:
TOP Gear presenter Jeremy Clarkson was described by the Mirror on Thursday as facing the
wrath of Argentines, after driving through the country in a Porschewith a number plate that appears
to reference the Falklands War. However the programme’s bosses denied the number plate
H982 FKL was used intentionally during filming of a special edition of the show in Argentina.
The plate went unnoticed on the first part of his trip on the famous Patagonian Highway from the ski
resort of Bariloche to the southern port of Ushuaia. But, it made local headlines
midweek as Mr Clarkson nearedthe end of his 1,350 mile trek at the head of a convoy of vehicles
including a Lotus and Ford Mustang driven by fellow presenters James May and Richard Hammond.
The Mirror said Argentine newspaper Clarin claimed it was highly sensitive for Argentines
and Mr Clarkson could have problems. The presenter was also criticised on Twitter with one user
telling him: “Your irony is not funny in Argentina.” But Andy Wilman, Top Gear’s
executive producer, said: “Top Gear production purchased three cars for a forthcoming programme;
to suggest that this car was either chosen for its number plate, or that alternative number
plates were substituted for the original is completely untrue.”
-------------------------------------------------------------------------------------------
Coincidence? I think not!
17
Oct 04th, 2014 - 12:19 am - Link - Report abuse 0So why don't you move to a country with 30% inflation? Argentina's is running way more than 30%.
To: 17
Oct 10th, 2014 - 01:21 am - Link - Report abuse 0How come you did't include Venezuela in your list ?
The courtesy of a reply is respectful requested.
When CFK's bunch needs a scapegoat on their Day of Reckoning, this guy's gonna get it, right between the eyes.
Oct 10th, 2014 - 03:44 am - Link - Report abuse 0And he doesn't even see it coming.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!