MercoPress. South Atlantic News Agency
Moody's foresees Argentina's future between bad and worse
Regardless of who becomes Argentina's next president as of Decf. 10, 2023, Moody's foresees inflation in the South American country next year will reach 350%. The rating agency's “baseline scenario” scenario also contemplates an economic contraction of 3.5% by 2023, followed by another 2.5% next year, with prices climbing up to 25% each month. Read full article
Comments
Disclaimer & comment rulesThe Argentine economy is expected into a free-fall disaster!
Oct 06th, 2023 - 01:44 pm - Link - Report abuse -3”Moody's analysts expect inflation to soar to approximately 200% in 2023 and a staggering 350% in 2024, which would imply average monthly increases in the Consumer Price Index (CPI) of more than 25%.”
On another note: It's interesting that the Ukrainian soldiers are now surrendering against the Russian forces, which is another example of the highly biased Western media not reporting the truth.
* * *
Meanwhile I've began the late morning with a delicious eggs Benedict breakfast accompanied with large Bailey's coffee.
I'm cheered as some of the grandchildren arrive tomorrow to enjoy the marvelous skiing.
¡Saludos de Valle Nevado!
kkkkkkk
Oct 06th, 2023 - 02:07 pm - Link - Report abuse 0Is NATO surrendering to Russia? True?
But the war hasn't even started yet. (surprise emoji)
Moody's? What is Moody's other than just another piece of war equipment?
Write: the war will only end with the Russian flag in Odessa!
https://www.youtube.com/watch?v=WDQoefohcRk&list=FLmXPTu1f8AdGlizWNiASx2A&index=180
Brasileiro
Oct 06th, 2023 - 03:04 pm - Link - Report abuse 0In regards to the Ukrainian conflict - the
Russian forces are reporting significant surrendering of Ukrainian soldiers.
However I suggest you pay attention to the the Moody's analysts report - as it will severally affect the Argentine economy...
War with the Russian Federation, in my opinion is a zero sum disaster.
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Meanwhile today's lunch is again a perfectly grilled sirloin steak with a stuffed baked potato (garlic butter - sour cream - chives) accompanied with wine.
Snow conditions here have been outstanding, but I expect this is the last week for me. The farm now needs attention soon...
¡Saludos de Valle Nevado!
Odysee (Sputnik) didn't show it.
Oct 06th, 2023 - 03:10 pm - Link - Report abuse 016 thousand Ukrainian soldiers and 580 NATO soldiers surrendered to the drones. They raised their hands to the Iranian machines.
Normal.
https://www.youtube.com/watch?v=KoUxeruALpc
TWIMC...
Oct 06th, 2023 - 03:16 pm - Link - Report abuse -1- On another note..., it is “interesting” that them “Russian Reptilians” are today offering to resume their gas leverances to Germany through the surviving NordSteam gas- pipeline..
https://www.reuters.com/article/russia-putin-nord-stream-idUSS8N3A2079
Chuckle..., chuckle...
Think
Oct 06th, 2023 - 04:00 pm - Link - Report abuse 0My friend. Look
https://www.youtube.com/watch?v=yMm-sxhho_g
Sinto saudades.
Tænk & Brasileiro
Oct 06th, 2023 - 04:52 pm - Link - Report abuse 0Meanwhile the analysts of Argentina's economy cannot be overstayed...
I REPEAT:
”Moody's analysts expect inflation to soar to approximately 200% in 2023 and a staggering 350% in 2024, which would imply average monthly increases in the Consumer Price Index (CPI) of more than 25%.”
Already the currency exchanges today are reflecting the alarming news.
Pray for my poor Argentine neighbors...
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I added a very delicious garden salad with Romaine lettuce with cherry tomatoes and supermarket dressing.
I've decided to not to ski today as I need to rest for the weekend activities...
¡Saludos de Valle Nevado!
TWIMC...
Oct 06th, 2023 - 06:12 pm - Link - Report abuse 0As our esteemed young Brazilian commentator soooooooo correctly asked above...
“Moody's? What is Moody's other than just another piece of war equipment?”
Huhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh...?
Tænk & Brasileiro
Oct 06th, 2023 - 07:22 pm - Link - Report abuse 0With sincere respect ANYONE ignoring the financial indicators are destined to feeling the painful consequences.
Perhaps the Virgin Maria will bring billions of Dollars from the heavens...
Although someone living in the Italian coast is too isolated to feel his countrymen's suffering...
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I took a pleasant walk with my Dachshund and enjoyed the sun.
Madame and our daughter are still in Cleveland...
¡Saludos de Valle Nevado!
Brasileiro...
Oct 06th, 2023 - 08:12 pm - Link - Report abuse -1- As you most probably know by now..., “Armed Farces” stuff ain't my game...
But..., I was positively surprised by the music track your linked Youtube video...
Kind of a New Age/Light Metal re-interpretation of one of me favourite classics...:
https://www.youtube.com/watch?v=KN-yFchnwVU&pp=ygUbTyBmb3J0dW5hIGFyZW5hIHZlcm9uYSAyMDIy
Greetings from Italia...
Tænk & Brasileiro
Oct 06th, 2023 - 08:58 pm - Link - Report abuse +1I would have thought you two preferred another tune...
https://youtu.be/Dsg21xx6mgA?si=xLQAe2oJsohCaUrT
In any case, I do send my sincere greetings from 3000mt...
¡Saludos de Valle Nevado!
Geeeeeeee..., hermanito...
Oct 08th, 2023 - 07:25 am - Link - Report abuse 0You luuuv some animals and good music & lyrics...
Your immortal soul may qualify for redemption after all...
;-)
Carmina Burana!
Oct 10th, 2023 - 09:58 pm - Link - Report abuse 0Commenting for this story is now closed.
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