Argentine Economy

[Tres3]

As I said before, it appears as if CFK and her cohorts do not care anymore, if they ever did.

http://finance.yahoo.com/news/were-s...192649385.html

Tres3.

[Spirit Rider]

It could be argued that until Alfonsin Argentina had never had a democratically elected government, being ruled by dictatorships and with various parties excluded when there were elections. That legacy really fucked up the country.

It could be argued that 30+ years of democratically elected governments have really fucked up the country even worse. With the queen ***** at the top of the list.

[SteveC]

Please show me one innovation in mobile technology that can be directly attributed to the Argentine government.

In the late 1800s, Buenos Aires cemented its position as a major trade port and a cosmopolitan metropolis (1900'ish). That was 115 years ago. What has the Argentine govt done for the economy during that period of time? How many times had it made the same mistakes?

It could be argued that until Alfonsin Argentina had never had a democratically elected government, being ruled by dictatorships and with various parties excluded when there were elections. That legacy really fucked up the country.

[Wild Walleye]

Clearly you both are deluded in that if there weren't a dynamic state sector then the private sector would crash ... Just look at innovation in mobile technology for instance ... Publicly funded developments... The state capitalist system supports and continues to invest in the corrupted market economy.

Please show me one innovation in mobile technology that can be directly attributed to the Argentine government.

In the late 1800s, Buenos Aires cemented its position as a major trade port and a cosmopolitan metropolis (1900'ish). That was 115 years ago. What has the Argentine govt done for the economy during that period of time? How many times had it made the same mistakes?

[Tres3]

People who think Argentine investments will change with an election are blind to history.

http://www.ft.com/intl/cms/s/0/5d209...#axzz3cSeJaFDG.

Tres3.

[Dickhead]

'¡Qué los jueces mueven el orto!'.

It should be 'muevan' but if I tell you 'judges + move + your asses' do you get their drift?

[Maxuk]

You forgot...

4. Print money.

Thanks,

Jax.

Clearly you both are deluded in that if there weren't a dynamic state sector then the private sector would crash ... Just look at innovation in mobile technology for instance ... Publicly funded developments... The state capitalist system supports and continues to invest in the corrupted market economy.

[Dickhead]

You forgot...

4. Print money.

Thanks,

Jax.

#4 print money = #2 inflation. "Inflation is always and everywhere a monetary phenomenon"; Milton Friedman.

[Jackson]

Since government produces nothing tangible it has only three ways to repay bonds:

1. Taxes.

2. Inflation.

3. Sell more bonds.

Given this, why buy government bonds?

Don B.

You forgot...

4. Print money.

Thanks,

Jax.

[Don B]

All of this BS gets prices into the yield and the original issue discount. Additionally, the underwriters are getting fat fees and discounts, so it is important to put away (sell) the bonds in order to get all of the available compensation. I doubt too many purchasers buy these and hang onto them for too long.

Many buyers plan unload at the first decent uptick on price which, the govt will manufacture by doing something (policy) that will give the impression of more open markets and (more importantly) temporarily lower interest rates which, will increase the price of the bonds.

I was looking at it from the moral point of view.

Don B.

[Wild Walleye]

Since government produces nothing tangible it has only three ways to repay bonds:

1. Taxes.

2. Inflation.

3. Sell more bonds.

Given this, why buy government bonds?

Don B.

All of this BS gets prices into the yield and the original issue discount. Additionally, the underwriters are getting fat fees and discounts, so it is important to put away (sell) the bonds in order to get all of the available compensation. I doubt too many purchasers buy these and hang onto them for too long.

Many buyers plan unload at the first decent uptick on price which, the govt will manufacture by doing something (policy) that will give the impression of more open markets and (more importantly) temporarily lower interest rates which, will increase the price of the bonds.

[Don B]

Apparently CFK and her cohorts do not care.

http://www.bloomberg.com/news/articl...sis?cmpid=yhoo

Tres3.

Since government produces nothing tangible it has only three ways to repay bonds:

1. Taxes.

2. Inflation.

3. Sell more bonds.

Given this, why buy government bonds?

Don B.

[Gandolf50]

Apparently CFK and her cohorts do not care.

http://www.bloomberg.com/news/articl...sis?cmpid=yhoo

Tres3.

Why should she care? She does not have to pay it!!!

[Tres3]

Apparently CFK and her cohorts do not care.

http://www.bloomberg.com/news/articl...sis?cmpid=yhoo

Tres3.

[Tres3]

The bondholders appear to be tightening the screws.

http://www.bloomberg.com/news/articl...ing?cmpid=yhoo

Tres3.