MercoPress. South Atlantic News Agency
Falklands or Malvinas? Market-based referendum proposal
By Steve Hank (*) – On August 4, Argentina, the world’s biggest deadbeat, announced that it had reached a deal with its creditors on its US$ 65 billion worth of defaulted debt. The next day, the United Nations Decolonization Committee — the C24 — unanimously passed a resolution urging the United Kingdom and Argentina to resolve their differences over the sovereignty of the Falkland Islands. Or, are they the Malvinas? Read full article
Comments
Disclaimer & comment rulesTalking about economy. Another aproach. Lets compare the 2 main islands at south atlantic.
Aug 19th, 2020 - 09:31 am - Link - Report abuse -2Tierra del Fuego gdp, argentine side, is U$S 2.500.000.000.
Falklands gdp is U$S 300.000.000
Being similar in land size but falklands controls a much bigger portion of sea, so why such a enormous difference in gdp?.....yes, the conflict, the dispute, the siege mentality.
Lets asume that in a free dispute situation in medium term the falk/malv economy can grew 3 times...so we can say that the dispute is costing kelper community some 600.000.000U$S per year, at least.
Who the fudge would want to be a citizen of the Republic of Narnia?
Aug 19th, 2020 - 09:37 am - Link - Report abuse +2Britain recently declared that its new “multi-role combat aircraft,” the Typhoon, will be employed there for defensive purposes in the near future..............errrrrr - they have been operating in the Islands for over 10 years.
Aug 19th, 2020 - 10:29 am - Link - Report abuse +1Is he thinking of the F-35 Lightning or the upgraded Typhoon (which is still a Typhoon, as was)?
yet another pointless story,
Aug 19th, 2020 - 10:29 am - Link - Report abuse +2Apparently what Hank the Yank is suggesting is that every permanently resident person on the Falklands (not just citizens) would be given a BRIBE of $ 20m .....IF eighty residents (or is that just citizens?) could be persuaded to take Argentinian passports.
Aug 19th, 2020 - 10:55 am - Link - Report abuse +3A family of four would stand to make $ 80m overnight, which means that there would be an immigration rush of applicants to come to the Islands (I'd be one of the first in line) which would bankrupt Argentina and, even if the vote were to be based on today's population, where would Argentina find $ 70 BILLION? They can't pay their current debts so how could they pay for this fantasy exercise?
Like so many academics and so many commentators who think they know anything about this subject, this guy has no clue about the Falklands.
Steve Hank needs to do some research. Bribery has been suggested more than once.
Aug 19th, 2020 - 11:03 am - Link - Report abuse +3Indeed, such rubbish. Since when is sovereignty depending on the citizenship of the person living at that location? Then I proclaim TDF Dutch and Douglas Tompkins could have put the USA flag on half of Chile...
Aug 19th, 2020 - 11:34 am - Link - Report abuse -2can you buy and sell people amaricans from north and south seem to think so
Aug 19th, 2020 - 11:38 am - Link - Report abuse 0True to their corrupt way of doing politics, the only thing this Peronist government can come up with is a vote-buying scheme.
Aug 19th, 2020 - 11:42 am - Link - Report abuse 0”Argentina would deposit an amount (say, US$ 20,000,000) in escrow in Swiss accounts for every person who can prove their Falkland Islands citizenship.”
Aug 19th, 2020 - 12:03 pm - Link - Report abuse +2Rolling on the floor, laughing!
Argentina couldn't even deposit US¢ 20,000,000 in escrow in Swiss accounts for every person who can prove their Falkland Islands citizenship.
First, let me sincerely say that I sympathize with my Argentine cousins — but as the song somewhat goes:
Aug 19th, 2020 - 05:32 pm - Link - Report abuse 0DON'T CRY FOR ARGENTINA...THE TRUTH IS YOU DESERVE IT!
As I've said several times — Latin America needs to adapt to the Swedish model and embrace a herd-immunity philosophy, because we cannot afford lockdown procedures that have the wealth to afford to. Wearing a mask with isolation for the entire public is unrealistic and fails to serve the needs of the working classes and the poor.
From an article linked below:
With the reform-minded business-friendly conservatives out, and the Peronistas back in power in Argentina, one of South America's biggest and most troubled economies is struggling to get back on its feet, bolstered by the promise of more rope from the IMF and the country's other creditors, despite arriving at its 3rd default in 20 years, and its 9th in history - the most of any country.
This unfortunate reputation has led some to joke that only three things in life are certain: death, taxes and another Argentinian sovereign default.
But as the country prepares for yet another refinancing thanks to the IMF, the government has revealed that the country's already damaged economy has been absolutely hammered by one of the world's longest, and strictest, lockdowns.
THE ARGENTINE PEOPLE HAVE JUST REASONS FOR PROTESTING!
https://www.zerohedge.com/geopolitical/after-nearly-150-days-lockdown-argentinas-covid-19-outbreak-deadlier-ever
¡Saludos de Chile!
My great grandfather and family left the Falklands for cold, harsh Patagonia in 1885 because it was so much nicer than the Falklands.
Aug 19th, 2020 - 07:42 pm - Link - Report abuse +2Argentinians rarely want to live in Patagonia. They would hate to live in the Falklands.
But more important, if Argentina can't govern what it has, and is terribly corrupt, how can they be reasonably expected to govern the Falklands?
this article from the world renowned prestigious penguinpress makes no sense.
Aug 20th, 2020 - 03:24 am - Link - Report abuse 0“viejopatagon
My great grandfather and family left the Falklands for cold, harsh Patagonia in 1885 because it was so much nicer than the Falklands.
Argentinians rarely want to live in Patagonia. They would hate to live in the Falklands.”
How many Argentines live in Patagonia?
How many real British people want to live in malvinas/falklands?
Chicureo
mmmm
were you part of this?
https://es.wikipedia.org/wiki/Centro_de_detenci%C3%B3n_Estadio_Nacional_de_Chile
were you part of the army of the corrupt pinochoto at that time?
https://es.wikipedia.org/wiki/Centro_de_detenci%C3%B3n_Estadio_Nacional_de_Chile
did you read the note?
Do you realize that your comment has nothing to do with the content?
I have no doubt that Pinochotito was looking for brute people like you to do his dirty work.
VIVA Chile y Argentina.
y que paguen los corruptos argies y chilenos. se te viene dificil chilenito si cambian la constitucion. estas asustado?
KikeUshuaia
Aug 20th, 2020 - 12:08 pm - Link - Report abuse 0When the “citizenship” of a place have the right to decide which sovereignty they live under.
Which is the case in the Falklands, they get to decide for themselves, free from outside interference.
Guillote
The question is how many Argentinians have been “implanted” in Patagonia. Remember you stole it from the Indians.
The Falklands have ques of people wanting to live there.
Unlike Argentina, where anybody with any money is leaving or has left.
Guëón
Aug 20th, 2020 - 03:31 pm - Link - Report abuse +2Do you really understand how foolish your statements are? I was an adolescent when the Marxist Allende government seized the majority of my family's farm — and was recruited by the Chile Naval Academy as a cadet when your country was attempting to seize our national territory in 1978.
I was studying in the naval academy when the UK retook the Falklands and served actively in my country's navy after Falklands War in 1982.
I sincerely hope that Argentina will someday recover its sanity and embrace reality, but unfortunately your destiny is financial disaster — of a once great country I've had always great affection for — (as long as they keep their kleptomaniac hands off my country.)
Argentina is like a Latin American version of the Titanic that has an enormous gash in its hull and quickly taking on frigid seawater — the frantic Peronist bucket brigade is franticly bailing water out during their impending doom — that's all-in-a-decades-long slow-motion. Hopefully, the sea has a shallow bottom. (Or perhaps it just will ignobly rollover like the unfortunate Argentine destroyer berthed at port.)
Argentina will be only able to keep up this Peronist Ponzi scheme with almost nobody stupid enough left to loan money to them, while my country will eventually re-emerge from this pandemic into a positive financial position, with many countries on our continent also recovering from an economic depression. (Argentina has the natural wealth, but then again a corrupt governance and things are not looking as optimistic.)
Yes, I still do firmly stand unashamed with my prior statements about General Pinochet and despite some of his regrettable actions, his governance did save my country from a similar fate of Venezuela's current nightmare.
¡Saludos de Chile y Viva Pinochet!
Anyone for a bit of Karaoke...?
Aug 20th, 2020 - 04:00 pm - Link - Report abuse -1https://m.youtube.com/watch?v=TP2G1Z8mu-o
Capisce...?
Stink plays on, whilst the ship sinks, hurrah.
Aug 20th, 2020 - 10:34 pm - Link - Report abuse +1Good ol Stink.
Capishhhhhh!!!
Do you really understand how foolish your statements are? I was an adolescent when the Marxist Allende government seized the majority of my family's farm
Aug 22nd, 2020 - 05:26 am - Link - Report abuse 0nadie voto al corrupto de pinochoto ni a vos.
tenes miedo del cambio de la constitucion?
brutito entrenado por pinochoto?
no era pinochoto corrupto turturador?
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