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Argentina's economic activity dropped 2.6% in 2018, says Indec

Thursday, February 28th 2019 - 09:18 UTC
Full article 8 comments

Argentina's economic activity fell 2.6% in 2018 versus the previous year, government statistics agency Indec said on Wednesday, underscoring the turmoil that dragged the country into recession last year. Read full article

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  • Enrique Massot

    ”...the worst recession since 2009 (and) the uncertainties of the presidential election, which makes recovery more fragile.”

    Pinch me. Recovery? Who is talking about recovery today in Argentina? Today, the feeling is absolute despondency about tomorrow.

    To be sure, Argentina would long be in default had not been the generous help of the IMF, intent in throwing a lifeline to Macri and ensure payments to foreign creditors keep flowing.

    Elected on a handful of lies, Macri's measures have dismantled Argentina's productive sector to unseen levels. It'll take years for a real recovery to happen once electors realize the extent to which they were duped.

    Mar 01st, 2019 - 04:57 pm - Link - Report abuse -1
  • imoyaro

    Hey Kamerad/Komrade Rique, “your country” won't be attacking anyone now, an ignominious prospect from your jaded point of view. Bummer, eh? Not from mine... :D

    Mar 03rd, 2019 - 10:17 am - Link - Report abuse 0
  • Enrique Massot

    @imoyaro

    Hey, buddy: whatever you are smoking is not helping. Stop that, drink tap water for a while -- you will soon begin to feel better.

    Mar 04th, 2019 - 03:31 am - Link - Report abuse 0
  • imoyaro

    Funny, Kamerad/Komrade, I remember very well “your country” threatening the Uruguayans when they wanted to install that wood processing plant on the Uruguay River. Indeed you tried a blockade, and I remember at the time the little matter of military exercises involving troops using rubber “boats.”(Face it you couldn't afford real landing craft.) You claimed the Uruguayans were polluting the river, but of course, Argentina was in fact the source of the pollution. Naturally, your complaints were thrown out of the International Court of Justice, and the Uruguayans continue to operate the plant. Really, Kamerad/Komrade, have you actually begun doing meth? Now THAT would be true Social Justice! :)

    https://en.wikipedia.org/wiki/Uruguay_River_pulp_mill_dispute

    Rique! Payaso! Vos Sos El Mentiroso!

    Mar 04th, 2019 - 09:00 am - Link - Report abuse 0
  • Enrique Massot

    @imoyaro

    And so, about the story above...any comments?

    Mar 05th, 2019 - 07:39 pm - Link - Report abuse 0
  • imoyaro

    Yeah, you can't afford to bully your neighbors. Bummer, eh? :)

    Mar 05th, 2019 - 07:52 pm - Link - Report abuse 0
  • Enrique Massot

    @imoyaro

    Oh come on, imoyaro, tell us something about your free-market hero, Mauricio Macri.

    Mar 06th, 2019 - 07:42 pm - Link - Report abuse 0
  • imoyaro

    You really don't get it, do you Kamerad/Komrade. There are no heroic Argentine politicians, with the possible exception of Frondizi and Alfonsin. The rest seem to have been murderous, corrupt, genocidal monsters like you. Right now you have been neutralized. Can't wait to see what La Asesina has to do if she gets elected. Time for popcorn... :)

    Mar 06th, 2019 - 11:02 pm - Link - Report abuse 0

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