Thread: Argentine Economy
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Results 736 to 750 of 1611
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06-04-09 15:22 #876
The peso will weaken to 4 per dollar
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06-04-09 13:56 #875
Great Lesson!
Next to Grouper, Walleye is my favorite fish.
Originally Posted by Wild Walleye
Great job.
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06-04-09 12:59 #874
The slippery slope
That $250 is the "freebie" the crack dealer gives you the first time in order to get you hooked.
It is tough to refuse if it's just sitting there on the dining room table when you open your mail. Hmm.$250. I could buy an ipod, have one room in the house painted or perhaps donate it to Acorn. But then you start thinking about STIMULUS. That $250 today is approximately AR$925 which could be put to stimulative uses such as (approximately) 13 half hour trips to 343 Uraguay, 9 half hour visits to 1707 Ste Fe, 3.7 hour sessions (cola included) at 1633 Junin, or 1 night out at Madahos. Hard to pass up that little "gift" sitting there when you think of what you could do with it. All of which seems very stimulative. Until you look deeper.
Out of one US tax dollar, less than 5% is spent on programs such as this. Therefore, at best, that $250 started off as $5,000 (AR$18,500) in the hands of the taxpayers, from whom it was extra-constitutionally confiscated. Had it been left in the hands of its righful owners (not according to BHO) it would translate into 264 half hour trips to 343 Uraguay, 185 half hour visits to 1707 Ste Fe, 74 hour sessions (cola included) at 1633 Junin, or 20 night out at Madahos. Now that is what I would call stimulus. So much so, that no more stiumulation would be needed (at least for a little while)
The only thing that gets really stimulated in the first case is the expansion of government. There is no defensible logic (consitent with the Constitution) whereby it makes sense to run dollars through the government apparatus in order to give it back to the 'taxpayers' so that they can spend it to stimulate the economy. Americans love to spend, leave a dollar with an earner and you will get a $0.95 of spending (accounting savings) give a dollar to the government and you will lose $0.95 in the bureacracy and get $0.05 of actual spending.
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06-04-09 10:17 #873That's Capitalism at work and I applaud it! Originally Posted by Damman
Suerte
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06-03-09 20:45 #872The check is in the mail! Originally Posted by QuakHunter
Damn Quak, you did not get your check? Hell, you have got to get on this band-wagon before it quits playing: "Money For Nothing." Returned to Gringo Land Sunday, and there it was.
In all honesty, did think it was a little ridiculous, but what is an old fart like me to do? Take the money and run.
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06-03-09 20:09 #871The fact that you would actually admit you took $250.00 in stimulus money demonstrates the point that the "Judeo Christian Work Ethic" is declining. Originally Posted by Damman
The fact that you are willing to invest it in education means you still have hope.
When you start asking for more because the government cheese is running low is when you are a liberal.
Please send your $250.00 to Quakhunter Online University.
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06-03-09 18:22 #870
QuakHunter / Sidney: Help
My politics and economic beliefs are all screwed up. Plus, QuakHunter's definition of "Judeo-Christian work ethic" is really throwing me for a loop. Can you two suggest a good re-education camp for me? I got my stimulus money, ($250.00) so cost is not a problem.
Thanks
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06-03-09 16:49 #869
There is no recession yet in Australia, pretty impressive if you ask me :)
Does anybody know when the figures for foreign arrivals in Ezeiza for the month of April are published by INDEC?
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06-03-09 10:23 #868Very simply, there is an inherent disincentive for work as a result of the giveaway / bailout programs and the redistribution of hard earned gains to others. Why work when you can get it for free or if the guy next to you is getting the same while doing less? Check out the mortgage rescue plan for a start. And don't read it on the web, talk to someone with a job making his payments and getting behind. Originally Posted by Black Shirt
This is only one example.
Sid, since I was supporting your point did I interpret the intent of your comment?
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06-01-09 22:42 #867You should have just stopped there and 98% of the folks on this board would have agreed with you. Originally Posted by Joe Hernandez
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06-01-09 21:10 #866The EU, USA, Brazil, Argentina and Australia are the largest producers of beef and in that order. Largest exporter by volume is Brazil followed by Australia and then the USA. By dollar value, Australia is the largest exporter followed by Brazil and then the USA. Mad cow has restricted USA exports to Japan and South Korea, the two best markets for premium beef. Brazil produces a breed not suited to the premium Asian markets. Australia has picked up the markets lost by the USA. Argentina is restricted to exporting boned-out beef due to foot and mouth disease and due to export taxes, poor production methods, export restrictions and unreliable supply, are no longer competitive. Originally Posted by TejanoLibre
Argento
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06-01-09 19:52 #865Argentinian people eat meat. Originally Posted by TejanoLibre
Argentinian meat becomes more expensive due to the lack of supply and more expensive import of meat.
Basic foodbasket for poor people (actually all people) become more expensive.
Hunger and poverty will increase.
This is pretty basic because it's a bit more complicated then that but once the supply is decreasing and the demand does not change this will lead to higher prices and with higher prices the poor suffer more.
Argentina offcourse can export the high quality meat and use that money to subsidize the asado of the poor but this can't be maintained with falling demand.
A similar thing is happening with the supply of the fuel and natural gas
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06-01-09 19:40 #864The people in Argentina are the number (1) consumers of beef per capita in the entire world. Originally Posted by Joe Hernandez
About 68 kilos per person per year!
That's a shitload of beef per day. Red meat!
I can't see the corelation between fighting poverty and eating cows but maybe you can explain your thoughts to us.
I'm about to cook (3) kilos of stew meat to make some Texas Chili.
Yesterday I made the BEST burgers in BA and Saturday night I ate an entire Lomo ala Crema Champignon!
So yes, for the past (4) days it has been pure beef baby! Although Saturday night's meal would be considered underaged beef!
I guess it was ¨VEAL ¨?
Argentina is not the number (1) producer of beef in the world, actually it is number (3) behind Brazil and Australia, but it is the number (1) consumer!
I have read that 10% of the country's total production is exported.
Fuck the rest of the people in the world!
Let them eat cake!
The damned Argies export the best quality and leave the shit that falls on the floor to us!
TL
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06-01-09 06:49 #863
Does anybody know that Argentina soon does not produce enough meat to cover there own needs?
And what does this do to the fighting of poverty?
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05-31-09 15:18 #862
Raise taxes on electronic imports
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