MercoPress. South Atlantic News Agency
UK-Argentina: a new start for an old relationship, according to The Economist
With its green bell tower and royal coat of arms, the Torre Monumental in Buenos Aires would not look out of place in a British market town. The 60-metre Palladian clock tower was a gift from the city’s British community to mark the centenary of Argentina’s 1810 revolution (though it was completed in 1916). On May 24th this year around 200 people gathered to commemorate its centenary. Read full article
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Disclaimer & comment rulesI used to have a subscription to The Econo,ist back in the pre-internet days.
May 28th, 2016 - 11:14 am - Link - Report abuse 0I cancelled it after three years because I was fed up with them always getting facts wrong.
I see they are still doing it.
“ On May 24th this year around 200 people gathered to commemorate its centenary.”
May 28th, 2016 - 03:06 pm - Link - Report abuse 0Do you mean that someone actually cleaned up enough of the dog-shite and the catatonic drug-addicts around the tower so that someone could get close to it without fouling their clothes?
The tower is in terrible shape, a magnet for filth and graffiti, and its decay and damage are the handiwork of the locals. In that respect it is another symbol of contemporary Argentistan. Some of the local hooligans have planted bombs at the tower and the effects are evident. One of those bombs destroyed the elevator. Subsequent failed attempts to install a new elevator reflect the competence of the city, and have come to naught.
The Economist article unsurprisingly failed to faithfully report the predictable abuse from the cave-dwelling populacho that was received by those celebrating the centennial.
Actually I agree with the loon above, the Economist has failed to report the most important reality.
May 29th, 2016 - 01:47 am - Link - Report abuse 0Argentina is still there with the wealth and the like. Britain however is a third rate power retreating on all fronts around the globe, a small and xenophobic damp island in the south corner of the northwestern part of the western peninsula of the Eurasian landmass, utterly insignificant in geographic terms. And in real politik it is withdrawing like a scared gazelle from all engagement with the world back to the small corner, disrespected and made fun of. Economically, it has nothing to offer. Argentina will to to China, Russia, India, Japan, United States, Brazil, SF, Germany, France, EU, before it even needs to consider UK. It's not 1914, they are right. The UK is a dusty crusty shell.
Ha ha , Kepi Troll inventing his universe again, which is about all the impoverished argentos can do now.
May 29th, 2016 - 03:48 am - Link - Report abuse 0Here is the real news, Part 1:
“The UK ends 2015 as one of the fastest growing of the major developed economies. Unemployment is falling, the housing market is hot and consumers are happy to spend money in the shops or online. For at least the first half of 2016 it will be a case of more of the same. The reason is simple. The UK economy has plenty of momentum thanks to almost seven years of zero interest rates, rising living standards and government incentives to buy property.”
The real news, part 2:
“Moody's forecasts Argentine economy will shrink 1.5% . Despite the Argentine government’s forecast of a much better economic scenario in the second half of the year, credit rating agency Moody’s disagrees, saying the economy is set to shrink by 1.5%, followed by a growing unemployment and an inflation rate well above 30%.” [Edit: already over 42 percent interannual inflation, and getting worse than Moody's dismal predictions]
The real news: part 3. Kristina lied to you about La Década Gansada.
“Argentina set to tumble 22 places on global wealth list”
“....Argentines. You are now poorer than the Chinese, Bulgarians, Azerbaijanis, Belarusians, Turkmen, Mexicans, Malaysians and Gabonese, not to mention your beloved neighbours in Brazil. [the Kirchner] government did not just manipulate the raw GDP data itself, but also the exchange rate it was measured at.....Using the real exchange rate ....... Argentina’s GDP per capita in 2014 was just $7,399, rather than the $12,510 the World Bank says it was that year, based on official [read: all lies] Argentine data, a gulf of 40.9 per cent.”
Here in pcia Sta Cruz, demonstrators are attacking the provincial government buildings.
Argentistan: the Perennial Banana Republic, with no bananas.
Yes, because everyone with half a hemisphere of gray stuff knows manipulating GDP growth data to a gap of 40% is a piece of cake: after all, who the heck would notice if for 7-8 years the economy grew 0% or negative, except for basically everyone in their daily lives, and income, and employment, etc?
May 29th, 2016 - 04:06 am - Link - Report abuse 0Just as with the Central Bank reserves figures, I am sure this GDP thing will be a complete anti-climax when it is all “adjusted”.
Meanwhile, in spite all the sh!t you spew, you still live in Argentina. Does that make any sense based on your reporting? The most common sense option is that you are making it all up, or at the very least completely and utterly distorting and caricaturizing the facts.
Funny I don't see you moving to Gabon, Belorussia, Turkmenistan, or Bulgaria.
What a load of lies.
Making it up? That would be very Argentine. However, in most cases I have pointed to conventional media sources from within Argentina which are reporting on these events. The names of the sources, that sort of thing, so you can also look it up. And in the case of deliberate misrepresentations (we call these 'lies') by the past Argie governments, well, the cat is out of the bag:
May 29th, 2016 - 04:39 am - Link - Report abuse 0Perhaps you are unfamiliar with the nearly global recognition of the INDEC's manipulation of economic data? A 40 percent variance between objective numbers and Kirchnerist invention was child's play, and rather commonplace. Let's provide some reminders for the audience, in English
This one is a near-classic: “Don't Lie to Me, Argentina”
http://www.economist.com/node/21548242
And more recently, the new INDEC director said, ”It is incomprehensible that (the agency) was degraded to the extent it has.....the INDEC is riddled with false or biased information.“
dig it: http://www.economist.com/node/21548242
And lowering ourselves to similar material in jibber-jabber:
'El nuevo jefe de estadísticas dice que el Indec está ”plagado de información falsa“ '
http://www.economist.com/node/21548242
I was tempted to say, ”You can't make this stuff up.” But then, the previous governments did quite a job of making it up.
Aren't you fortunate that my work is here in Argentistan? And right in the black heart of the pago chico of Kirchnerismo. And to think that I get paid so handsomely for what I do so well, with each weekend free to head out to the estancia near Guanaco Hills.
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