The economic future of Argentina

[QUOTE=Exon123]"I can't define a CockSucker, But I know One when I see One"[/QUOTE]Don't be so modest, Exon123, you know one when you are one.

Jackson-

Why do you put up with this sort of garbage from Exon in your forum? I like Exon personally, he is a nice guy in person and quite entertaining but all he does on your forum is post worthless opinions and criticize others as he sees fit, which discourages people who have actual information to contribute from contributing. You really should either limit him to his own thread or delete any post he makes that does not directly elaborate actual information / direct experiences about chicas and / or travel experiences (restaurants, apartments, transportation, etc. The most irritating thing is that Exon actually comes to Buenos Aires regularly and has these travel experiences and chica encounters yet he withholds reporting on it because of his open contempt for the members of this forum. Putting up with his bullshit is seriously stunting the growth of your forum!

Suerte,

Rock Harders

To add to Rockharders, I am not often surprised by the personal attacks on the forum, and have engaged in more than my share. But, I am frankly surprised with the ferociousness of the attacks on Monger#2041. I'm not interested in taking sides in the "debate", but all the guy did was offer his opinion on the Argentine economy. In addition, unlike alot of absolutely worthless posters such as Redondo, he had a number of informative posts about other topics. He never struck me as someone who was purposefully antagonizing others or spamming. Once he was attacked he didn't roll over which apparently infuriated his attackers who then stepped up the vitriol. It looks to me like the inflation issue and cost of living issue has really got under alot of mongers increasingly very thin skin. Hey, THAT'S LIFE! Take the good with the bad and quit fucking whining about it. If you don't like Argentina no more, move on. Otherwise pop a few Xanax's and leave off boring the fuck out everybody with bitching about how much it costs to fuck a whoare and hail a cab.

[QUOTE=Exon123]As I predicted below Argento, he'll be right back on top of me rationalizing his demented thinking, always having to be right, never wrong. As for CockSuckers, I'll quote "Justice Potter" slightly out of context.

"I can't define a CockSucker, But I know One when I see One"

Exon.

P. S. Now he'll be right back on top of me with more words of wisdom[/QUOTE]Told you so, he always hast to have the last word.

Exon

[QUOTE=Rock Harders]You really should either limit him to his own thread or delete any post he makes that does not directly elaborate actual information / direct experiences about chicas and / or travel experiences (restaurants, apartments, transportation, etc)[/QUOTE][blue]If I did that, he'd never post anything.

Interesting thought.[/blue]

From some members of the forum I recieved infos about what they are doing for life, so Argento and Exon, Redondo, and some others.

I think that those each in his buiz is doing the best to satisfy their clients and that means a modest way of comunicating. I remember well when I showed up in this forum, offering a lady 4k$ for staying with me 3 weeks. Exon and Jakson were one of those who gave me some friendly advice - without puting a burning cross in my yard;-)

What I do not understand is that adult guys (some even knowing each other well) are getting that furiouse in this board of others posts, anounced her in the forum. I mean, the main thing here is how to get a clean chicka, the results of that meeting, maybe even the price (I prefere the value what you got for that " gift ") and thats it.

And if someone is fine in buying a grape ranch in Medoza, fine! Who knows, maybe he is the only guy who secretely destilate biofuel out of his grapes and makes a huge bundle of cash, who knows? Who cares?

Looking forward to see you, and have a couple of beer together.

You are invited! Yours, C.

Argentina Heading For Default.

[url]http://www.businessweek.com/ap/2012-11-27/fitch-says-argentina-downgrade-is-probable[/url]

The Business Day- The credit rating agency Fitch Ratings on Tuesday downgraded Argentina, which is locked in a court battle in New York over its debt, and said the country would probably default.

Fitch cut its long-term rating for Argentina to CC from B, a downgrade of five notches, and cut its short-term rating to C from B. A rating of C is one step above default.

US judge Thomas Griesa of Manhattan federal court last week ordered Argentina to set aside US$1. 3 billion ($1. 6 billion) for certain investors in its bonds by December 15, even as Argentina pursues appeals.

Those investors don't want to go along with a debt restructuring that followed an Argentine default in 2002. If Argentina is forced to pay in full, other holders of debt totaling more than US$11b are expected to demand immediate payment as well.

Argentinian politicians, even those opposed to President Cristina Fernandez, have nearly unanimously criticized the judge's ruling as threatening the success of the debt relief that enabled Argentina to grow again.

Ratings by agencies like Fitch are used by investors to evaluate the safety of a country's debt. Lower ratings can make it more expensive for countries to borrow money on the bond market, exacerbating their financial problems.

Argentina is in a deepening recession and is grappling with social unrest. Besides the court case, Fitch cited a "tense and polarized political climate" and public dissatisfaction with high inflation, weak infrastructure and currency.

Fitch also said that Argentina's economy has slowed sharply this year.

Of the two other major rating agencies, Standard & Poor's has a rating of B- for Argentina, five steps above default, and Moody's rates it B3 negative, also five steps above default.

Bond rating agencies get paid by those whom they rate so it is a bit of a scam to say the least. So if Fitch says they are "five steps from default" that probably translates as "one foot in the grave." I am five steps from my refrigerator so I am five steps from a beer. How long will that take? I wonder if any default has gone through all of these fucking "steps" sequentially. Mostly I bet they have crashed and burned.

The issue with bond ratings is similar to the issue with audits and the issue with audits was at least partially addressed by Sarbanes-Oxley. They / we / you need similar reforms to these fucking rating agencies. If I say,"I will pay you a lot of money for you to say how relatively great I am, and this is a year-to-year deal," I am thinking you will say I am pretty great.

I agree with the Libs on a lot of the free market stuff but I don't see a free market solution to this conflict of interest and so I want to regulate it out of existence.

[QUOTE=Dickhead;429969]Bond rating agencies get paid by those whom they rate so it is a bit of a scam to say the least. So if Fitch says they are "five steps from default" that probably translates as "one foot in the grave."[/QUOTE]The don't ALWAYS get paid by those whom they rate. And in particular, they rate rate sovereign nations as a service to their other paying clients who might otherwise be selling bonds and other securities of those nations through to their clienteles.

If anything, they are overly solicitous in rating securities issued by sovereign nations simply because they are protecting themselves from revenge by those nations' regulatory agencies that could impact them operationally. As a result, a firm like Fitch or S&P might have to soft-pedal bad news about the USA or U. K. Or Germany, but I seriously doubt that they would have any reason to soft-pedal information about Argentina.

Griesa's 15D deadline has been overruled by the appeals court. It's been pushed forward to some time in Feb I think.

Argentina and CFK were saved from probable default by a US Appeals Court judge who vacated the lower courts order requiring Argentina to place up to $11 billion in an escrow account while the case proceeds through the legal system. Guess this judge is Christina's Hurricane Sandy.

Not over yet. Vultures asking for cash on deposit.

[url]http://uk.reuters.com/article/2012/12/01/uk-argentina-debt-idUKBRE8B00F720121201[/url]

[QUOTE=Doppelganger;429982]Argentina and CFK were saved from probable default by a US Appeals Court judge who vacated the lower courts order requiring Argentina to place up to $11 billion in an escrow account while the case proceeds through the legal system. Guess this judge is Christina's Hurricane Sandy.[/QUOTE]

The economic future of Argentina. Isn't that a oxymoron?

I think Argentina would be an excellent candidate for complete and total subjugation by a superior economic power. You have abundant natural resources combined with an idiotic and easily led populace. It would make a great 51st state and could be turned into an ideal vacation destination. I envision a theme park packed with paraguayan prostitutes. If you have ever been to Bariloche you could see the potential for an austral Aspen. Cocaine could be easily imported from neighboring Bolivia.

[QUOTE=Dickhead;430026]I think Argentina would be an excellent candidate for complete and total subjugation by a superior economic power. You have abundant natural resources combined with an idiotic and easily led populace. It would make a great 51st state and could be turned into an ideal vacation destination. I envision a theme park packed with paraguayan prostitutes. If you have ever been to Bariloche you could see the potential for an austral Aspen. Cocaine could be easily imported from neighboring Bolivia.[/QUOTE]Just the opposite. Imperialism doesn't work, (unless you speak Chinese!)

[QUOTE=Dickhead;430026]I think Argentina would be an excellent candidate for complete and total subjugation by a superior economic power. You have abundant natural resources combined with an idiotic and easily led populace. It would make a great 51st state and could be turned into an ideal vacation destination. I envision a theme park packed with paraguayan prostitutes. If you have ever been to Bariloche you could see the potential for an austral Aspen. Cocaine could be easily imported from neighboring Bolivia.[/QUOTE]I have heard from more then one Argentino that during the Falklands war they were hoping that either the US or England would invade and occupy Argentina. Oh well, maybe next time!

[QUOTE=Gandolf50;430048]I have heard from more then one Argentino that during the Falklands war they were hoping that either the US or England would invade and occupy Argentina. Oh well, maybe next time![/QUOTE]Good one! Wish Hong Kong would. Would be way better

Could be they (argie gov idiots) are doing something stupid today. In the course of my work I check a lot of local sites (life is hard) and every other escort related site is down today. Local forum, Baires girls, Playt, EsmeraldaVIP, lolitas center, soloindies. Has anybody seen any closed PV's today?

How stupid would it be to close these businesses down?

[QUOTE=Daddy Rulz;430107]How stupid would it be to close these businesses down?[/QUOTE]Argentiniously stupid!

[QUOTE=Daddy Rulz; 430107]Could be they (argie gov idiots) are doing something stupid today. In the course of my work I check a lot of local sites (life is hard) and every other escort related site is down today. Local forum, Baires girls, Playt, EsmeraldaVIP, lolitas center, soloindies. Has anybody seen any closed PV's today?

How stupid would it be to close these businesses down?[/QUOTE]Sen Maj Leader Harry Reid (D-NV) wants the same in his home state of NV! Go figure. Whomever says Democrats are good on social / moral freedom is dead wrong.

[QUOTE=Daddy Rulz; 430107]Could be they (argie gov idiots) are doing something stupid today. In the course of my work I check a lot of local sites (life is hard) and every other escort related site is down today. Local forum, Baires girls, Playt, EsmeraldaVIP, lolitas center, soloindies. Has anybody seen any closed PV's today?

How stupid would it be to close these businesses down?[/QUOTE]I had trouble today with many sites including Google but I don't think it has anything to do escort related sites. Though things are changing in this country. Just check what happened in Cordoba. Also Susana Trimarco, mother of disappeared Marita Veron has been nominated for the Nobel Prize for Peace due to her struggle against human trafficking. This will certainly have an impact on clubs and privados. Read: [url]http://en.wikipedia.org/wiki/Marita_Veron[/url]

[QUOTE=Aqualung; 430122]I had trouble today with many sites including Google but I don't think it has anything to do escort related sites. Though things are changing in this country. Just check what happened in Cordoba. Also Susana Trimarco, mother of disappeared Marita Veron has been nominated for the Nobel Prize for Peace due to her struggle against human trafficking. This will certainly have an impact on clubs and privados. Read:

[url]http://en.wikipedia.org/wiki/Marita_Veron[/url][/QUOTE]Prolly a DNS thing, the DNS servers are forever failing here. I'm going to make a table for common sites.

[QUOTE=Daddy Rulz;430127]I'm going to make a table for common sites.[/QUOTE]Make a chair while you are at it to sit on while waiting. Again today internet is slow like treacle.

[QUOTE=Aqualung; 430122]I had trouble today with many sites including Google but I don't think it has anything to do escort related sites. Though things are changing in this country. Just check what happened in Cordoba. Also Susana Trimarco, mother of disappeared Marita Veron has been nominated for the Nobel Prize for Peace due to her struggle against human trafficking. This will certainly have an impact on clubs and privados. Read:

[url]http://en.wikipedia.org/wiki/Marita_Veron[/url][/QUOTE]Poorly written and or translated article but still a sign of things to come!

TL

Have any of you Boys EVER sensed that you were with a girl that was doing what she was doing against her will?

[QUOTE=Silver Star;430112]Sen Maj Leader Harry Reid (D-NV) wants the same in his home state of NV! Go figure. Whomever says Democrats are good on social / moral freedom is dead wrong.[/QUOTE]I think Reid is a bit of an outlier on this. You're still better off with Democrats when it comes to social freedoms; Republicans will always be stronger on religion and traditional family.

[QUOTE=Esten;430166]I think Reid is a bit of an outlier on this. You're still better off with Democrats when it comes to social freedoms; Republicans will always be stronger on religion and traditional family.[/QUOTE]Libertarians are better than Democrats on Social Freedoms and Libertarians are better than Republicans on pocketbook issues.

Harry Reid insn't the only Democrat with egg on his face, Former (D-NY) Governor Spitzer made the laws tougher on Johns in NY State, but was caught being a John himself.

The guys who really run a lot of things in Nevada are the sheriffs and Reid is just sucking up to them. Remember, ten years ago or whatever it was, Nevada was like North Dakota is now. Any idiot could get a job. So there are too many bubbles and booms and busts in these economies that overheat and freeze up, like Nevada and North Dakota. That is where economic tools can come in handy to smooth things out, and that is where the Reps and Libs get it wrong. We have a chance for a nice long expansion here, and yes I am putting my money where my mouth is on that. Reps, Libs, Dems, whoever is in charge, I hope they understand international economics or hire someone who does. I'm bullish on America right now. Some of that is we are more innovative and the rest is a lot of countries are more stupid.

[QUOTE=Dickhead;430171]That is where economic tools can come in handy to smooth things out, and that is where the Reps and Libs get it wrong. We have a chance for a nice long expansion here, and yes I am putting my money where my mouth is on that. Reps, Libs, Dems, whoever is in charge, I hope they understand international economics or hire someone who does.[/QUOTE]The problem is that you can't smooth things out forever without paying for it and without going broke. Democrats and, to a lesser extent, Republicans keep growing government. In the short run that stimulates the economy, and perhaps it's a good idea during a recession. In the longer run it results in slower growth. I'm putting my money where my mouth is too, and it goes into equities in countries where government isn't crowding out the private sector. The USA and Argentina aren't among those.

The marginal income tax rates on businesses in countries where I buy stocks are 25% or less. In the USA it ranges from 35% to 45% on corporations, depending on the state. On unincorporated businesses, it will range from 42.5% to 55.8% after January 1, 2013, assuming Obama gets his way. Yes, there are special write offs and tax credits that will bring the effective rates in the USA down for some businesses. That's a problem though. We need tax reform to bring down rates and put all businesses on a level playing field. Tell that to Obama though. He's dead set on doing the opposite, either because he believes it will score brownie points for Democrats or because he's stupid.

[QUOTE=Esten;430166]I think Reid is a bit of an outlier on this. You're still better off with Democrats when it comes to social freedoms; Republicans will always be stronger on religion and traditional family.[/QUOTE]

I thought that was the silver lining when Obama and Congressional Democrats were elected in 2008. Boy did I turn out to be wrong. They've done nothing to improve civil liberties, and in certain areas, like enforcement of drug laws, made things worse.

[QUOTE=Tiny12;430176]The marginal income tax rates on businesses in countries where I buy stocks are 25% or less.[/QUOTE]Unfortunately for you, that is completely irrelevant as I have patiently explained. But good luck anyway.

[url]http://blogs.cfainstitute.org/insideinvesting/2012/12/04/will-argentina-default-it-hangs-on-a-judge-in-new-york-city/[/url]

The IMF is threatening to throw Argentina out of the Fund if it doesn't start reporting credible figures for inflation.

[url]http://www.bbc.co.uk/podcasts/series/docarchive[/url]

Starting last night out here in the boondocks there has been a wave of robberies and looting. From what I have heard from friends from Pilar, Derqui, San Miguel, Moreno, Lujan, etc. People have been robbing small to medium sized kioskos, and super markets. The Carrefoure near me is now boarded up and closed. Merry Christmas all! Cristinas minions need more for Christmas then the "Plan National" allows!

Its now on the news. It seems very wide spread and very organized. The Gobermint is blaming Moyano and he is blaming them!

[QUOTE=Sidney; 430889]Falklands again?[/quote]Kristina is just trying another distraction from her and her late husband's failed policies. Unfortunately, it works.

Tres3