Thread: The economic future of Argentina
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03-12-13 13:06 #183
Posts: 1885Originally Posted by Sidney [View Original Post]
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03-12-13 13:01 #182
Posts: 1885It is pretty simple
The people and philosophies that got Argentina into this condition are incapable of fixing what is broken. Further, what is broken is systemic and goes far beyond the pols and grafters (is that redundant?) all the way to the individual citizen. A plurality of whom are dependent upon (as in hooked or addicted) to government largess (the systematic redistribution of private property stolen from other citizens). Argentina will elect some "new" (same old sh*t, different label) crew to fix things. They will tinker a little and artificially stimulate the economy, produce false economic statistics and cling to the power they acquire (like de ja vu all over again).
Just wait. When things start to improve, Argies will talk expectantly about coming time when the the good stuff will end. This psychology contributes, in many ways, to making this a self-fulfilling prophecy.
For me, I have always found this difficult to embrace because, if you take away the doom-and-gloom gene that is bred into the citizenry and the penchant for public corruption, you'd have a country of 40 MM people that could do great things.
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03-05-13 22:53 #181
Posts: 148Originally Posted by Sidney [View Original Post]
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02-28-13 13:59 #180
Posts: 374Inflation
Maybe I am kidding myself, with the spread between the official rate of exchange and the blue rate of exchange at about 40% it is almost a wash, I think: inflation. Pay for everything in cash (pesos) and it is not all that bad, my view. No credit cards for anything: uses official rate of exchange. The one area more than anything where it gets expensive is the damn taxis. Just my feelings for sure. Cash is King.
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02-25-13 16:42 #179
Posts: 1885Originally Posted by Jackson [View Original Post]
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02-25-13 16:38 #178
Posts: 1885Since I first knew where Argentina was on the globe, I have heard occasional flare ups of public discussion of the "fate" of the Falklands (like a flare up of hemorrhoids).
When Argentine "leadership" focuses an inordinate amount of attention on an archipelago over 300 miles off of its coast (which 99% of Argentine citizens have never seen, let alone visited) you can be sure that things at "home" are FUBARed. Other than an endless supply of avian guano and romantically-available sheep, there is little of strategic interest to ARG. I know, there is considerable blathering about petroleum deposits but, much of that is superfluous baloney. Under the EEZ (exclusive economic zone, as defined by the UN Convention on the Law of the Sea), ARG can exclusively exploit the resources under the sea within 200 nautical miles of its shores. True, control over the Falklands would allow them to extend that to nearly 500 miles east of Patagonia's eastern shores. However, most of Argentina's natural resources are owned by the Brazilians, already, so the best the people could expect is...well..nothing. That isn't to say that the ruling elite wouldn't get fabulously wealthy selling ARG's resources to foreigners, just that the people would see little to no benefit. Further, unless CFK has been secretly amassing an actual navy, the chances of the Falklands falling under ARG rule is about the same as me banging Eva Mendez, prior to her 60th birthday. Ergo, when Rome is burning and the empress is spending her time chasing waterfalls (nod to Michael Keaton) you better hold on to your wallet (better yet, keep your wealth denominated in dollars).
One of the key elements necessary for the perpetuation and advancement of leftist ideologies is the misdirection. If leftists were explicitly honest about their intentions and laid them bare to the light of day, there would be many fewer of them. Leftist regimes over the past 110 years have killed more human beings than any other ideology during the history of mankind.
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02-25-13 16:30 #177
Posts: 2556
Venues: 398Originally Posted by WildWalleye [View Original Post]
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02-25-13 16:15 #176
Posts: 1885Originally Posted by Jackson [View Original Post]
I hope that you are well.
Looking forward to getting back to Bs As to enjoy some blue-rate entertainment.
Cheers.
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02-23-13 18:28 #175
Posts: 121Weird Yankee things!
Originally Posted by SunSeeker [View Original Post]
I seems that the economy for this corps. Are fine since the can get away with the price increases (monopoly?
By the way I am a corp. Person. I co-own two) I am neither a republican nor a democrat. Is more, nothing in between that line. Just the party of comon sense!
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02-23-13 17:34 #174
Posts: 488Originally Posted by Sidney [View Original Post]
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02-23-13 15:38 #173
Posts: 2556
Venues: 398Originally Posted by SilverStar [View Original Post]
Of course this pitch resonates with today's generation of Americans, many of whom have apparently concluded that actually working a job is a decidedly less appealing option than sitting on their ass, complaining about their lot in life and waiting for a government check to arrive.
Thanks,
Jackson.
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02-23-13 14:45 #172
Posts: 329Originally Posted by DonB [View Original Post]
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02-23-13 12:12 #171
Posts: 313Economics
As you may know Argentina was was one of the ten wealthiest countries in the world at the start of the 20th century, there was even the expression "Rich as an Argentine" About 20 years ago I had a South American representative an Argentine who had migrated to the US. I asked him what had happened to Argentina and his response, "Just look around you" Maybe in a few lifetimes everybody will agree that not only does socialism not work but that it is immoral.
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02-22-13 20:31 #170
Posts: 2556
Venues: 398Originally Posted by WildWalleye [View Original Post]
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02-22-13 18:33 #169
Posts: 2808That's not the number I hear Sid
Originally Posted by Sidney [View Original Post]