Thread: Argentine Economy

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  1. #1506
    Senior Member


    Posts: 577

    US judge: Argentine assets considered commercial in dispute

    It looks as if Judge Griesa is tightening the screws.

    http://finance.yahoo.com/news/us-jud...001217033.html

    Tres3.

  2. #1505

    Cattles, camps, cows, cornflakes and cormpanies-

    Quote Originally Posted by Tres3  [View Original Post]
    In the last 100 or so years has Argentina had a future? The only things keeping the country from being a complete basket case are cows, corn, and soy. It certainly is not the people.

    Tres3.
    Well, everyone in his place.

    I love Argentina, allmost everyone of my friends here is an Argentine and, as beeing in real-estate, I do not have problems.

    Do not underestimate, ARG is one of the few midlleclass-countries here around.

    I do not see our prob with "the people" here. They are my friends and bizz-partners. Since many years and meanwhile I prefer the "easy going" here to the suicidal "Merkelism" of my Origin.

    You are right, that ARG-Industrie is campocampocampo. Manufacturing industry goes in China, India, Southcorea o Burundi Faso (maybe). Absolute brainlessness to try "industrialize" Argentina with the actual labor-laws.

    Concerning mongering...ARG is leaving the spot, so Medellin, Cali, Manaos or Rio are better places. Cartaghena just 4 me...

    NievelEvil I will stay here as I did within the last years.

    Going on vacacions to...yes, ok, wherever.

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  4. #1504
    Senior Member


    Posts: 577

    No Future

    Quote Originally Posted by Spassmusssein  [View Original Post]
    maybe its good time to leave now for a country with future.
    In the last 100 or so years has Argentina had a future? The only things keeping the country from being a complete basket case are cows, corn, and soy. It certainly is not the people.

    Tres3.

  5. #1503
    I see the dollar has gone up by about 15 centavos since I posted this morning. Decent wine is really getting ridiculously cheap.

  6. #1502
    Macri is too far to the right for me personally, but he is a bright guy and undoubtedly aware that any time you have a parallel black market in a currency, a devaluation is inevitable. Argie pride notwithstanding, of course.

  7. #1501
    Quote Originally Posted by Dickhead  [View Original Post]
    The currency market did not seem to react at all to the mayoral election as ambito.com is showing 14.07 over 14.22 which is very similar to Friday. Anyway, it would seem to me that a right wing victory would strengthen the currency rather than weaken it. That would be particularly true, I would think, if the election augurs a Macri victory in the presidential election, which is what the argie newspapers are saying.
    Most of the polls have Macri behind Scioli DH, though the pollsters sure missed the close race for mayor yesterday. In addition Macri has more than hinted at eliminating currency controls if he is elected, meaning a likely devaluation of the peso.

  8. #1500
    The currency market did not seem to react at all to the mayoral election as ambito.com is showing 14.07 over 14.22 which is very similar to Friday. Anyway, it would seem to me that a right wing victory would strengthen the currency rather than weaken it. That would be particularly true, I would think, if the election augurs a Macri victory in the presidential election, which is what the argie newspapers are saying.

  9. #1499

    For discommoded beach lovers

    Quote Originally Posted by Spassmusssein  [View Original Post]
    NO beaches in Medellin.

    .
    For those beach lovers 'stuck' in Medellin there is an inexpensive fix. For under $80us one can bump up their suntan in Cartagena with a R-T fare on http://www.vivacolombia.co.

    Flights from Cali marginally higher. How about a long weekend in Lima? Or Panama City? All for short money.

  10. #1498
    Quote Originally Posted by Spassmusssein  [View Original Post]
    NO beaches in Medellin.

    I still have a lovely "girlfriend" in Cali..."Esther"
    Cali is as well a very good place.
    "Esther" worked in Frankfurt "Bahnhofsviertel".

    Lets check it out and come back here in 8 years o so.
    No good beaches to speak of here either..... Besides its much easier to find a REAL girlfriend in Medellin!

  11. #1497

    But-

    Quote Originally Posted by ElPerro  [View Original Post]
    Nearly everybody I talk to says Medellin is the better bet. A good friend was just there and reports nice privado chickees for $20US or less. Perfect weather.
    NO beaches in Medellin.

    I still have a lovely "girlfriend" in Cali..."Esther"
    Cali is as well a very good place.
    "Esther" worked in Frankfurt "Bahnhofsviertel".

    Lets check it out and come back here in 8 years o so.

  12. #1496
    Quote Originally Posted by Spassmusssein  [View Original Post]
    With todays mayors elections, Buenos Aires and his "oposition" showed, they are unable to govern.

    An useless, unsuccessfull ex-banker and ex-minister showed barely the way downstairs.

    Argentina so will have an one-handed ex-motonauta as President (maybe just a few weeks), usd tomorrow will be 16 + x.

    And maybe its good time to leave now for a country with future.

    Columbian girls (aside the Paraguayans) always had been a good choice.
    Nearly everybody I talk to says Medellin is the better bet. A good friend was just there and reports nice privado chickees for $20US or less. Perfect weather.

  13. #1495

    Time to leave...maybe Cartaghena?

    With todays mayor´s elections, Buenos Aires and his "oposition" showed, they are unable to govern.

    An useless, unsuccessfull ex-banker and ex-minister showed barely the way downstairs.

    Argentina so will have an one-handed ex-motonauta as President (maybe just a few weeks), usd tomorrow will be 16 + x.

    And maybe it´s good time to leave now for a country with future.

    Columbian girls (aside the Paraguayans) always had been a good choice.

  14. #1494
    Senior Member


    Posts: 577

    Why Argentina Consistently, and Unapologetically, Refuses to Pay Its Debts

    Reneging is a way of life in Argentina. The government applies the P.T. Barnum axiom "There's a sucker born every minute", and lenders oblige.

    http://finance.yahoo.com/news/why-ar...040104696.html

    Tres3.

  15. #1493
    Quote Originally Posted by Dickhead  [View Original Post]
    Is that Quilmes Cristal? Cristal or "normal" Quilmes is not on the Precios Cuidados program. Only Quilmes 'Bajo Cero' is. Also Biekert liters and Schneider pint and 12 ounce cans. But Schneider is too nasty even for me. Bajo Cero ain't too bad.
    Cristal, the others I did not notice. I buy Bud from the "deposito" at 13.35 a bottle, I dont care for Quilmes too much.

  16. #1492
    Is that Quilmes Cristal? Cristal or "normal" Quilmes is not on the Precios Cuidados program. Only Quilmes 'Bajo Cero' is. Also Biekert liters and Schneider pint and 12 ounce cans. But Schneider is too nasty even for me. Bajo Cero ain't too bad.

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