Thread: Argentine Economy
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07-05-09 23:29 #891
Posts: 552
Venues: 8It's too bad Zelaya's plane was refused permission to land. It would have been real interesting to see what Micheletti would have done with Cristina, as he had previously threatened consequences of some sort for whoever accompanied Zelaya if he tried to return.
The funny thing is, it doesn't seem to matter what Zelaya wants in relation to buddying up to Chavez, it doesn't appear that it's going to happen even if he could somehow change the constitution. Hell, he can't even get back into his country after being exiled.
As far Honduras itself, I'm not sure which side of this to be on. I don't know the Honduras constitution, and whether what their supreme court did was illegal or not, but it was supposedly the civilian branch of the government that booted Zelaya when the supreme court asked the military to do it. And a congressman (Micheletti) was named interim president by civilian authority. Was it legal? Does it matter in this case?
Aside from Zelaya actually being removed from the country, it was a pretty seamless transfer of power, which is good for a former military dictatorship, and I don't think there's any reason to believe they won't hold the elections in November that they were going to have anyway, another seamless transfer of power.
I don't know that the US and the world should be on Zelaya's side in this. It's obvious he was trying to pull a Chavez, and as Sidney notes in his mention of the poll of citizens, the people DO NOT want that at all. I can understand us maybe saying they should have arrested Zelaya and tried him, if he really was guilty of all that drug dealing and such. But that gives even more reason for the world to recognize Micheletti as the rightful interim president.
Of course, Cristina wants to be seen as a power somewhere, since she's obviously no longer much of a power in her own country. And I'm sure she's earning browney points with her buddy Chavez for accomanying Zelaya in attempting to land. Chavez doesn't have the balls to do it, and anyway probably is terrified to leave his country in case someone should rise and up and keep HIM from landing on return. And on top of that, none of them actually thought they would land, it's just show-boating and claim-making.
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07-05-09 23:09 #890
Posts: 374Repsol
Some interesting things going on with Argentina's oil industry: China's CNPC, Cnooc Group Said to Seek Stake in Repsol's YPF.
http://www.bloomberg.com/apps/news?p...d=aZq2xVbh.Gt4
Analysts seem to be at a loss for why CNPC would be interested in doing business in Argentina and purchasing Repsol YPF: earnings cap of $42 per barrel of oil exported, with any revenue above that amount collected as taxes. Ever wonder why no one wishes to invest in Argentina?
http://industry.bnet.com/energy/1000...argentine-arm/
YPF (Argentine National Oil Company) went private a few years back and the deal was brokered by Nestor Kirchner when he was Governor. Plus, a major holder of YPF is Enrique Eskenazi, personal friend of Nestor Kirchner and is known as the banker for Kirchner. Something is amiss, China buys an oil company in a country that limits exports? Cannot help but think the Kirchners got their fingers in this deal and are about to join the unemployed politicians in Switzerland.
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06-29-09 23:07 #889
Posts: 147There has been high inflation since 2006.
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06-24-09 04:11 #888
Posts: 552
Venues: 8Originally Posted by MataHari
Originally Posted by MataHari
Originally Posted by MataHari
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06-23-09 15:12 #887
Posts: 106Originally Posted by El Queso
In southern states, kidnapping is developping fast. Even in repressive environment (record inprisonment rate in western democracies) it s easily understandable that the threat of misery can lead desperate armed individuals to criminal acts. Since they don't have anything left to loose.
In Japan for example, known for the discipline of its population and respect for authority, ruined pensioneers are turning hoolingans. Nothing comparable to gang criminality, but a simple expression of despair due to becoming outcasts, undesired in the society they contributed to build. Imagine if weapons were easily accessible.
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06-19-09 21:12 #886
Posts: 147This is not that bad, tourism is going down but Argentina is probally doing better then most of the rest of the world.
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06-19-09 19:50 #885
Posts: 552
Venues: 8Matahari, I don't know where you're from. I want to say that most people who are not from the US can't understand why we support the right to bear arms. It may seem like chaos or anarchy.
But the foundation for that system is supposed to be, along with self-defense, to give the government something to think about.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." - Thomas Jefferson.
The problem is that the US government has gotten too big for an armed insurection by its populace, most likely. However, I wouldn't give up that right for anything.
And look at the Great Depression in the US. People weren't exactly going nuts in and killing each other in the streets. It went on a helluva lot longer than two years.
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06-18-09 22:05 #884
Posts: 147Isn't that the reality in most of the rust belt?
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06-18-09 20:19 #883
Posts: 106Originally Posted by Wild Walleye
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06-18-09 20:01 #882
Posts: 1885I don't recall any armed insurections during Carter's term.
Originally Posted by MataHari
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06-18-09 19:51 #881
Posts: 106Originally Posted by Joe Hernandez
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06-15-09 12:38 #880
Posts: 147Originally Posted by MataHari
I do think that the USA does have other things to worry about then high inflation in 2011.
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06-14-09 22:22 #879
Posts: 106Originally Posted by Joe Hernandez
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06-13-09 17:18 #878
Posts: 147Originally Posted by Sidney
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06-04-09 17:35 #877
Posts: 1885Grouper?
Originally Posted by QuakHunter