MercoPress. South Atlantic News Agency
Buenos Aires admits poor cruise season because of past mistakes
Buenos Aires cruise season has taken off but it will be far from its peak in 2012/13 when over half a million visitors reached the Argentine capital. This season will only see 81 calls with 323.000 visitors of which 70% foreigners, according to local port authorities. Read full article
Comments
Disclaimer & comment rulesNow I can remember a very lively discussion on here where I and several other posters said CFK's government would chase away the cruise ships with their crazy policies. And pro-Christina posters said it would never happen because they would never stop visiting Argentina.
Nov 19th, 2016 - 07:02 pm - Link - Report abuse +4As it has customarily been doing, the Macri government resorts to its usual tag line, blaming the previous CFK government for everything that became worse in the last 11 months.
Nov 19th, 2016 - 08:25 pm - Link - Report abuse -10However, there are signs the strategy of blaming the “heavy inheritance” is running its course. On Friday, (unreported by MP) all union and social organizations organized a massive march and concentration in front of Congress, in support of a law prompting social emergency measures.
As Aldo Pignanelli (not a Kirchnerist) recently said in an interview, Macri's measures of heavy indebtedness, irrealist exchange rates, the keeping of fiscal deficit and indiscriminate opening of imports closely follows measures taken by former economy minister of the military junta in the 1970s Alfredo Martinez de Hoz and also by Domingo Cavallo, in charge of the economy during the military junta, Carlos Menem and Fernando de la Rua.
@EM These are not the policies of the last year. Read the article again. Read the discussions we had on this subject when it was happening on CFK's watch years ago. You cannot blame this on Macri. It is Macri's government that is overturning the bad decisions made by the CFK government that drove the cruise ships away.
Nov 19th, 2016 - 09:23 pm - Link - Report abuse +5Neither of you are right, of course.
Nov 19th, 2016 - 10:54 pm - Link - Report abuse -13Typical of this day an age to blame everything and anything on presidents.
The cruise ships are less but in fact people WANTED to come, the companies just did not expand or retrenched somewhat (but not stoppped!) in spite of the supposed bad policies.
Bad policies that were not CFK's! She had little to do running the port, whatever happened there is the responsibility of the personnel there. So it's intellectually dishonest to say it was CFK's fault the last two years were not as good, when it was also under CFK that the sector expanded DRAMATICALLY before.
It isn't Macri's fault either, I don't think EM was suggesting that here, he just responded with a macro-economic answer that is not totally relevant to the question here. If the cruise ships are down now is because of things from before Macri, but a lot has to with the fact that the European and UK economies, unlike the lies perpetuated here by the posters who are in total denial of reality, are doing pretty poorly. Most people in Europe and North America have precarious job positions, unenmployment is not going down anywhere, the political and economic future of both the EU, UK, and US is the most uncertain it has been in a century in all three areas, which is already lead to slower growth, and the pensions and savings of many have gone down significantly. Hard to plan for expensive tours half around the world when the situation is so.
“...the political and economic future of both the EU, UK, and US is the most uncertain it has been in a century in all three areas”
Nov 20th, 2016 - 12:07 am - Link - Report abuse +9Bahahahaha
Yeah because a century ago it was WW1 then there was WW2.....
You just never change Nostrils. In all these years you haven't actually evolved or grown. You are still the same person as 4 years ago.
What a wasted and pathetic existence.
It tells you everything about the moral fabric and values of the posters here that my comment that attacked no one personally and in fact is reasonable got -5, and Skip's trenchant attempt at crude depreciation of another poster gets 4 positive votes.
Nov 20th, 2016 - 04:00 am - Link - Report abuse -9All while calling another human being's existence “pathetic”, as if that kind of contribution to this thread demonstrates his own personal “growth” is so far beyond my own. The irony is as brilliant as corcuscate chrome on a sunny summer day.
And yes, the US, UK, and Europe status and economic, political, even geographic future are more uncertain today than at any time since at least 1945. Argentina is far more stable today. Suck it.
@ElaineB -- Quite correct. Avoidance of Argentina by cruise operators is very much a lingering effect of Kirchnerism and Kirchnerist hooliganism.
Nov 20th, 2016 - 04:12 am - Link - Report abuse +72013 headlines: “Argentines abuse cruise line passengers in Buenos Aires”
“Argie ratbags threatening cruise ships” -- and similar.
To the ignorant brainwashed Anglo Turips above (including Skippy)
Nov 20th, 2016 - 09:16 am - Link - Report abuse -111) Since the year 2003 the Cruise Industry had a veritable boom in Buenos Aires, with a 15% yearly increase that topped in 2013...
Q...: Who governed Argentina between 2003 and 2013...???
2) Higher fees, abrupt change of regulations and general insecurity have indeed incided negatively in the local Cruise industry..., but the biggest negative factor was the lack of a proper Cruise Terminal at the harbour...
Q...: Under which administration wad the excellent Buenos Aires Cruise Terminal constructed, modernized and remodernized (with original sheduled re-inauguration in December 2016)?
3) The abrupt passenger fall started already in the 2014/15 Cruise season..., mostly due to a sharp fall in Argentinean Monkey Class travellers (aprox.150,000 / 200,000 pax) due to the worsening economical situation...
This has become much, much worse during the 2016/17 Cruise season..., where there are almost no Argentinean bookings from Buenos Aires...
Q...:Who governs Argentina in 2016 and 2017...???
Inform yourselfs... brainwashed Anglo Turnips...
- All of the above factual information can be corroborated by reading the newspaper link below from DECEMBER 2014...:
http://www.lanacion.com.ar/1750981-menos-cruceros-esperan-la-peor-temporada-de-los-ultimos-cinco-anos
@ Trollboy XVI
Nov 20th, 2016 - 10:45 am - Link - Report abuse +4Did you really expect anything different from this site? If you want upvotes here then start bashing CFK and praising Macri - but even then some people will probably downvote you out of habit.
Even saying since 1945 is wrong though. Half the countries in Europe were still communist satellites of Russia until 1989. The UK and France still had empires in 1945, and lost them between then and now. Even in Western Europe Spain and Portugal were ruled by dictators until the 70s. All these were massive political, economic, and even geographical changes.
This may be the most uncertain things have been in your own lifetime, but that's why it's good to learn history: to get a bit of perspective.
@TTT
Nov 20th, 2016 - 11:55 am - Link - Report abuse +5The + & - buttons were never going to work on a site like this especially as many of the more extreme characters have several log in I.D.s. Yes, they really do log in under different names to back up their own comments or to - the people they don't like. Just look at who refers to them often. It is rather pathetic. Best advice is to ignore them. Just post what you think to be true and let others have their say too.
@ML Yes their decision to intimidate cruise ship passengers was a big problem. I remember one captain spoke out because his absolute priority was the safety of his passengers and crew. No cruise company is going to put passengers at risk because of the financial implications. The K's army of troublemakers regularly created problems for the ships in port.
The other big mistake by CFK's government was to try to screw the passengers for extra money - remember they were desperate for money having stolen pretty much everything there was to steal. Buenos Aires is the most expensive port in the world to call at. Read the discussion we had about it by searching the News Archives. “Operational costs in Argentina and Brazil threaten the South Atlantic cruise industry” (2013 - CFK in charge) is just one of the conversation we had.
While Argentina was driving away the cruise traffic, in Chile it increased in the same period. You will see some arrogant (ill-informed) comments that really reflect the attitude of CFK's government, that Argentina was the only country worth visiting in South America and the cruise ships would have to suck it up. Cruise companies are big business and if their profits are being damaged they will look elsewhere.
It is good to see a more sensible approach by the current government to entice the much needed business back.
2013 Economics or argentine government-supported hooliganism ?
Nov 20th, 2016 - 12:39 pm - Link - Report abuse +9“The Seabourn Sojourn, which flies the Bahamian flag, was recently held up in Buenos Aires by activists. It subsequently skipped a call at Ushuaia for security reasons, the ship's maritime agent said. ”
“P&O last month became the latest company to announce their ships would avoid all Argentine ports.....”
“Cruise ship passengers have been harassed, verbally abused, and prevented from leaving their ship because of angry Argentinian protestors....”
“....masked militants have targeted offices of shipping companies and ransacked them; and cruise lines have been forced to alter their itineraries to appease locals and avoid trouble. ...”
@ML
Nov 20th, 2016 - 01:18 pm - Link - Report abuse +5However much some people try to deny it this all happened on CFK's watch.
@DT You say you are new to SoAm politics so I am going to make an important distinction about Kirchnerism. The Nestor years and the Cristina years. Whilst both were undoubtedly involved in criminal activity the real problems happened on CFK's watch. She was never meant to be president without Nestor pulling the strings. They concocted an arrangement to pass the presidency between them to create a long-term dynasty. However, Nestor messed up the plan by dying whilst running for his second term and CFK was re-elected on the widow card. (She wore her widows weeds for years to play to the sympathy vote).
CFK is an activist and always will be. She is best when stirring up mobs and picking an enemy to fight with. Nestor reined her in but with him out of the way she sacked anyone who was key in Nestor's government and replaced them with complete idiots but who agreed with her. (Imagine Queenie in Blackadder II). The main problem was she picked the wrong fights. Nestor had a comfortable arrangement with the media including Clarin - cosy dinners etc. but CFK fought with them. Nestor managed the unions whilst CFK actually picked fights with them. Worst of all she unleashed her son Maximo's army of hooligans La Campora. They had been around before Nestor died as a kind of Kirchner youth movement but under CFK they became a vast army of paid thugs. She also used them to take over key companies like Aerolineas so she could syphon off vast amounts of money.
It was during CFK's rein that everything started to fall apart and she simply didn't have the political knowhow or the right advisors to handle it. She just employed the usual distract tactics first used by Peron. However, her popularity fell sharply as even the most fervent supporters could see how the country was falling apart.
Interesting piece in the news today that suggests that CFK may be sensing the heat of the prosecutions underway. She has transferred almost all of her legally recognised holdings to her criminal children. That included real estate and bank accounts as well as shares in the hotels she owns, or owned, including Hotesur SA, Los Sauces SA, etc . So even if the proceedings embargo her remaining property, her demon spawn can pay her legal bills and whatnot, and can then keep passing along the family holdings as subsequent prosecution proceeds against them as well. If she's convicted on the fraud charge currently in play, that could mean up to 6 years in prison.
Nov 20th, 2016 - 04:49 pm - Link - Report abuse +5@ ElaineB
Nov 20th, 2016 - 06:45 pm - Link - Report abuse +3Thanks, I didn't know any of that. (And lol at Queenie.)
Do you think that if Nestor had not died Argentina would be doing better now and Macri would never have been elected? Also did the actions against the Falklands start with Nestor, or was that all Christina?
Picking fights with the unions seems especially odd to me, weren't they supposed to be on her side?
@DT
Nov 20th, 2016 - 07:40 pm - Link - Report abuse +3Nestor started ramping up the Falklands fight by tearing up the fisheries agreement and possible cooperation over oil exploration. He proclaimed that as far as the Falklands was concerned he wasn't sharing anything, it was all or nothing; so, nothing then. It really was a foolish move as there had been good cooperation between Argentina and the Falklands in monitoring, information sharing and protecting fish stocks.
The Falklands issue has always been a huge passion for CFK and I suspect that was for her. Most First Ladies get involved in opening orphanages or organising clean up campaigns to keep them busy but CFK wanted to steal an island as her pet project. It probably kept her busy whilst Nestor, the old rogue, was bonking his secretary. She was possibly the first to be fired after Nestor's death. Then anyone who knew about the affair, which was just about everyone.
Both K's were armed with ferocious tempers but CFK's is legendary. She admits it. She has said publicly she struggles to control it. But like a lot of power-hungry couples they were stronger together. It doesn't help that CFK is bi-polar. We would have bouts of her promising the earth to everyone and then she would disappear for weeks on end unable to attend to government duties, presumably when a low hit.
Would Argentina be doing better if Nestor had lived? For longer, most probably but long-term, no. The Kirchners came to power when the country was in the gutter and up was the only way it could go. The world economics were favourable and his policies worked for a while though they were unsustainable long-term. The real problem came when Nestor was dead and economic circumstances changed. CFK had not a clue how to change course and stuck rigidly to 'The Model' (Nestor's plan), like a life raft in a storm. It was inevitable that it would sink.
And then there was the boy Kiciloff who boasted that he bewitched CFK. Ugh.
The comparison of the KK model to ”....stuck rigidly to 'The Model' (Nestor's plan), like a life raft in a storm...“ has been more colourfully and accurately described as ”.... like a squishy turd after the chain was pulled....”
Nov 20th, 2016 - 09:36 pm - Link - Report abuse +5Geeeeeeeeeee......
Nov 20th, 2016 - 10:55 pm - Link - Report abuse -11For an Anglo to use Anglo intelligent Turnipette's ElaineB's disinformation to try to understand the complexities of Argentinean realities is equivalent to an Argie using Argie bright Troll NosTrolldamus the 16th disinformation to try to understand the complexities of British realities ...
Also sprach El Think...
Strange isn't it that all those folk that were consistently accused of having puppets always appear to have lots of down tick and hardly ever have any up ticks...
Nov 21st, 2016 - 01:24 am - Link - Report abuse -11Why haven't all those puppets been removing those negatives and giving them positives....
..because....you guessed it....
You were all wrong....
All the puppets belong to the Anglo trolls....
Guess who has also found a way of checking who was really who...even if they don't supply a profile pic....;-))))
My apologies to Toby.....
Narine T Nuster was not your account after all...I could have sworn it was you....
Trolls...your name changing days are over....
The code identifies you.....
Mr. Voice
Nov 21st, 2016 - 02:36 am - Link - Report abuse -10Why didn' I Think about it... ;-)
Code...?
What code...?
https://m.youtube.com/watch?v=II2lPcQSzPU
The link to the profile pic contains the user id, even when it's just the generic image. I was using it to work out who was who when the names weren't being displayed.
Nov 21st, 2016 - 08:09 am - Link - Report abuse +4Still won't tell you if someone has created two separate accounts though.
Html... Mr. Think...;-)
Nov 21st, 2016 - 10:13 am - Link - Report abuse -7@DT You will see that when I give a pretty accurate picture of the K's government there will be multiple distraction posts from the usual suspects.
Nov 21st, 2016 - 10:27 am - Link - Report abuse +3Mr. DemonTree and Mr. Voice...
Nov 21st, 2016 - 11:29 am - Link - Report abuse -9Hmmmmmmmmmmmmmmmmmm......
That explains the “Blanks” on the most active sockpuppeting Anglo Turnip profiles in here...
Of course it won't work if someone creates multiple accounts.., but I “Think” most sockpuppeting Anglo Turnips in here didn't “Think” about that before this new MercoPress version was put in use...
Anyhow... Until now I haven't had any nasty “Surprises”...:
Mr. Voice is just Mr. Voice...
Briton is just... well... Briton...
Mr. Lorton is just Mr. Lorton...
Mr. Massot is just Mr. Massot...
Mr. Clyde15 is just Mr. Clyde15...
Mr. DemonTree is just Mr. DemonTree...
Mr. MerryEnglander is just Mr. MerryEnglander...
Mr. British Kirchnerist is just Mr. British Kirchnerist...
And so on.............................................................................
@ DT Good point and one we always suspected, some users have multiply accounts with different I.D,'s.
Nov 21st, 2016 - 12:33 pm - Link - Report abuse +3But away from the distraction. Do you know about Kicillof? It is quite a story. How about Maximo?
@ ElaineB
Nov 21st, 2016 - 01:14 pm - Link - Report abuse +1No, I know nothing about Kicillof and very little about Maximo. Do tell.
Think, some comments above
Nov 21st, 2016 - 03:37 pm - Link - Report abuse +6You just dismiss ElaineB's analysis but actually she does describe Nestor vs Cristina's presidencies quite accurately.
I know you are no fool. Why do you keep insisting in using those reality distorting spectacles?
The effect of TMBOA has been just as damaging to Uruguay, especially under Mujica, Vasquez would never talk to her.
Nov 21st, 2016 - 08:29 pm - Link - Report abuse -2She tried her best to financially ruin us right up to when she was kicked out.
And then EB wonders why I have not visited The Dark Country.
Cue the downticks: now I wonder who the three usual suspects are? :o)
@ ElaineB
Nov 22nd, 2016 - 08:19 am - Link - Report abuse +2Hey, you promised me the gossip on Kicillof and Maximo. Now you've got me curious. :)
@ ChrisR
What did CFK do to Uruguay? I thought she was into that 'Patria Grande' stuff?
@DT
Nov 22nd, 2016 - 09:18 am - Link - Report abuse +1Busy with work. I shall give you a run down later today.
Mr.Tarquin Fin...
Nov 22nd, 2016 - 12:08 pm - Link - Report abuse -6If you “know I am no fool”..., why do you keep insisting in asking me foolish questions...?
Look..., pebete...
There are many different kinds of posters in here, at Mercopress...
In this thread...,for example..., we have folks like Mr. Enrique Massot, Mr. NosTrolldamus XVI, Mr. Skip, Mr. DemonTree, Mr. Voice, yourself and even Mr. ChrisR and Mr. Marti Llazo which I woldn't mind buying a drink at the nearest Public House and having an interesting conversation with...
ElaineB is a whole other story though...
A text book example of a female mysogynist...
She is as intelligent as she's sneaky and perfid...
Always sugarcoating her ~20% slander, falsehoods and porkies with ~80% truths...
No free dram for her from this auld humble Patagonian..., been there..., know her type... ;-)
@ Think
Nov 22nd, 2016 - 12:35 pm - Link - Report abuse +2“female mysogynist”? What is that supposed to mean? I haven't seen much evidence of her being prejudiced either way.
And you haven't said which bits aren't true in her description. Just dismissing the whole thing is not at all convincing, especially when Tarquin Fin disagrees with you.
Mr. DemonTree
Nov 22nd, 2016 - 01:20 pm - Link - Report abuse -7You asking foolish questions too...?
Is a virus out there or what...
Just above you..., yourself..., are asking ElaineB for some “Gossip”
http://dictionary.cambridge.org/dictionary/english/gossip
A bit further above, she already gave you some “Gossip”...:
“The old rogue, was bonking his secretary.”...she “Gossips...
Look laddie... Argentina an England are free Countries...
If you like ”Gossip“....., you can have all the ”Gossip“ you fancy...
Just don't ask humble me to supply,explain, approve or confirm ”Gossip” to you...
Capisce...?
@ DT I have Mr. Think rattled.
Nov 22nd, 2016 - 02:31 pm - Link - Report abuse +3I will give you some information on Kicillof and Maximo but this thread will probably drop off soon so here is a taster.
Maximo is CFK's much favoured child and she pretty much worships him. You would think he would be groomed for the Kirchner dynasty but there is a big problem. Maximo is a well-documented drug user with a habit (and waistline) to rival Maradona's. Being so over-indulged by his mother had the opposite effect with his father who saw him as a complete disappointment. So he was left mostly out of the limelight in the family seat where he could indulge his habit to his heart's content. He was also involved in La Campora - the Kirchner Youth Movement. As was his good friend Kicillof.
Kicillof (The boy):
Member of La Campora, student leader at school, committed Marxist, studied economics.
Kicillof has long had a rock-star-like following for his apparent good looks. He has been nicknamed the Austral Elvis for his sideburns, and he adopts a scruffy approach to dressing for government work. (He thinks himself a rebel but just looks like he doesn't know how to dress himself).
During his time in La Campora he oversaw the theft of YPF (he called it denationalisation) and became embroiled in the scandal. (At this time the Kirchners were running out of money so just stole another company).
During his time at Aerolineas he organised the hiring of numerous La Campora 'workers'. They were really ñoquis (slang for people who only attend work on payday) and were on the pay role as part of Maximo's army of thugs. This was when the airline was losing $2m per day - not through subsidising fares, they are high, but because the money was being syphoned off and into the pockets of the Kirchners.
But he was appointed Minister of Economy in 2013, partly because CFK had fired just about everyone else and mostly because he told her what she wanted to hear. He advised her not to pay the countries debts which led to another default.
....and he [Kicillof] still doesn't know how to tie a tie.
Nov 22nd, 2016 - 03:24 pm - Link - Report abuse +5Gained garlands in the Third World for insisting that if a debt could be ignored for long enough it would cease to exist, only to discover that the debt he pretended to ignore would increase by billions and have the effect of crippling the country's economy. Famously denied that there was inflation when it was running at about 40 percent annually and uttered some of the stupidest comments about inflation ever imagined by a wannabe Marxist economist. And denied that there had been a default when he arranged not just a default but a compound default --- defaulting on debt that had been previously in default. Understandably now being prosecuted for crimes against the state.
@ ML Thanks, I ran out of space ….
Nov 22nd, 2016 - 03:33 pm - Link - Report abuse +3He was also responsible for no longer recognising the poor because it stigmatised them. He said that with a straight face. How is it possible to help them if the government refuses to acknowledge their existence?
Also it should read 're-nationalisation'.
I am looking forward to read Elaine's colourful descriptions of the current government's figures.
Nov 22nd, 2016 - 07:36 pm - Link - Report abuse -5Perhaps after the Macri administration celebrates their first year?
In light of the current economic numbers it appears there will be lots of interesting material for analysis in a few more weeks.
Or perhaps the focus will continue to be the previous government, so powerful that still a year after continues to determine what happens with the country's economy...hey! Gonzalez Fraga even said that, by its mere existence, populism is preventing Argentina from getting the “rain of investments” that Macri anticipated...among quite a few other election promises.
Sr. Enrique Massot...
Nov 22nd, 2016 - 07:49 pm - Link - Report abuse -7Please... don't hold your breath waiting for any : “Elaine's colourful descriptions of the current government's figures.”
It will kill you...
@ EM Haha. Give me some time, I spent years analysing the Kirchners.
Nov 22nd, 2016 - 07:52 pm - Link - Report abuse +2Remember, E M, that when we were in the depth of the mess of CFK's government you were in complete denial. And I say once again to you that economies take years to turn around.
That said, I am watching the current government closely. :)
Enrique,
Nov 22nd, 2016 - 08:01 pm - Link - Report abuse +2Let's admit it. A country with such a rich populist tradition like ours is not precisely an investment haven. Unless of course you apply a “hit and cash” strategy.
Proof of that is that not even the richest Argentines would invest in their own country. That speaks volumes about trust and confidence.
Whether we like it or not, we are being treated like a hooker. Most probably because our trashy look.
Geeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee....., Mr. Tarquin Fin...
Nov 22nd, 2016 - 08:29 pm - Link - Report abuse -7If so, I hope we can infect them with the best multiresistent VD's strains money can buy...
And that they transmit them to their wifes and heirs...
@ ElaineB
Nov 22nd, 2016 - 08:57 pm - Link - Report abuse 0Wow. Is Maximo still using drugs or is this in the past? And where is it documented?
I looked up Kicillof, nice sideburns lol. He actually sounds a lot like Yanis Varoufakis from Syriza, who also had the no ties, rock star economist thing going on. Not sure how similar their policies were though.
It seems like he didn't have much experience in politics before he became Economy Minister (unless La Campora counts); is that normal?
But what was that about him 'bewitching' CFK? And why did she fire everyone else?
I've seen something about the expropriation of YPF in here, and also the not measuring poverty which just seems like a transparent attempt to hide a problem.
The default was because of the vulture funds right? Argentina refused to pay them which meant they couldn't pay anyone else either? I understand why those people won their case, but I have to say I would have been happier if they never got their money.
@ EM, Think
Why wait for Elaine? Either of you could describe them yourselves. For example, all I know about Macri is that he was mentioned in the Panama papers twice and he has a very rich father.
And as for infecting other countries with populism, that would be kinda superfluous now...
Populism is nothing but fascism. Think man! THINK!!
Nov 22nd, 2016 - 09:44 pm - Link - Report abuse +2As DT says it is useless to try to spread the disease. Successful countries have already learnt this simple fact.
So far this year Argentina has sold almost US$50 billion in debt, for a number of reasons. One was to pay off old debt, which increased significantly during the CFK government even while the people were told (and some believed) that Kirchnerismo eliminated foreign indebtedness. Another is to cover deficit spending since the government is bleeding dollars to cover obligations other than external debt. And then there is the problem of deferred maintenance and crumbling infrastructure such as the recently discussed loss of some 100 aircraft due to sustainment failure -- but that is only one example. And then the provinces and municipalities are issuing their own debt. But the country has no mechanism for sustaining payment on this rapidly increasing debt. Very few of the problems of the prior governments are being corrected by the present government, in the cruise industry or elsewhere. The country has almost no competitive industry. Nobody with any reason or sense trusts Argentina, no matter who is in the Pink House, and that mistrust is the legacy of dozens of years and endless abuse towards creditors and investors here, and there is nothing substantial to correct those conditions. Argentine contracts are ephemeral, worthless, and unenforceable. The legislature and judiciary are palpably hostile to foreign investment even when the executive branch is not. Argentina is just another default waiting for a date.
Nov 22nd, 2016 - 10:10 pm - Link - Report abuse +2Demon & Fin
Nov 22nd, 2016 - 10:12 pm - Link - Report abuse -6I was being boldly literal...
I wasn't speaking figuratively...
How did you two boyos convert my “Multiresistent VD Strain” into “Populism”...?
Smoking some of that funny stuff... or just watching too much Simpsons on TV?
@ DT & TF Ignore the distract tactics. He has nothing of substance to contribute so he makes personal attacks or distracts. That is what he is here for. Attack, distract. Repeat.
Nov 22nd, 2016 - 10:28 pm - Link - Report abuse +2Questo cabecita negra complicano tutto!
Nov 22nd, 2016 - 10:42 pm - Link - Report abuse +1Un Grande el Eddie...
Nov 22nd, 2016 - 10:57 pm - Link - Report abuse -6ElaineB is right once again. Just like master Goebbels ... lie, lie, lie so that they will ultimately believe some of it.
Nov 22nd, 2016 - 11:40 pm - Link - Report abuse +2Of course, Eddie was great!
I've got no budget for that funny stuff, I rent in BA, I pay all of my bloated taxes. All I got left is my two cheap beer cans before bed.
No Glenlivet for me mater! I'm off to balance my checking account!
Tarquin Fin
Nov 22nd, 2016 - 11:46 pm - Link - Report abuse -6If that is what you Think..., I'll say adiós and wish you a pleasent life...
Think,
Nov 23rd, 2016 - 12:05 am - Link - Report abuse +3Don't take it personal. I just don't buy any kind of rhetoric from either side, left or right. All I've seen these last 30 years are lies, lies and more lies. There are so many things out of my control ... but the only thing I won't lose is my mind.
You know, Tarquin, I'm not known as a friend of Argentina, but I have to say, wherever we live, that's the way it's got to be... ;)
Nov 23rd, 2016 - 04:07 am - Link - Report abuse 0@ DT
Nov 23rd, 2016 - 12:50 pm - Link - Report abuse +2Sorry for the delay.
TMBOA imposed import restrictions on virtually everything that was usually imported under routine agreements with Uruguay and many other countries in SA including car parts from Brazil.
Two of my friends are business people and traded for years with Argentina without problems. True trade, they bought goods from Argentina and sold them materials and semi-finished things for use in the final manufacturing process.
Firstly TMBOA blocked all imports unless they had 'pre-approval from the Aduanas' and slapped a tax on exports in defiance of Mercosur as far as Uruguay was concerned.
She then taxed remittances due to exporters to Argentina, Uruguay included ( a figure of 15% is in the back of my mind) AND delayed payment by three months.
If you understand depleted cash flow analysis you will see the devastating effect it had on my two friends money.
TMBOA also wanted the Auto Manufacturers to stop sending component parts into Argentina for use on their auto assembly lines. Apparently, in general terms, Argentina just assembles cars and makes very few components.
Whether Argentina are capable to make these parts I have no idea BUT Auto Makers use a global supply network for all of their plants based on suppliers meeting specification, delivery time schedules and price. They could not allow this system to be broken and the Argentine factories ran out of vital parts and lines were closed down.
It took several weeks for the Aduanas to sanction the import of new parts, FIAT in particular were very much effected followed by VW.
So the whole fiasco blew up in her face, just like the YPF attempt at stealing from the shareholders.
BTW I only ever used TheHil for news from America and why would UK papers have comments exclusively for US posters?
Plus, unlike a certain person on here, I do not lie.
Are you calling Think a liar?
Nov 23rd, 2016 - 02:29 pm - Link - Report abuse +1@ ChrisR
Nov 24th, 2016 - 10:17 pm - Link - Report abuse 0That does indeed sound very unreasonable and unfair on Uruguay, particularly as they are both in Mercosur. Don't you think she was right to put Argentina first though?
But what I don't understand is that having watched this happen, and seen the disastrous results, you still voted for Brexit, and seem to think the effects on the economy can just be shrugged off.
About TheHill, I have no idea, but you might have followed a link to a story somewhere else? I often do that when I am reading.
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