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CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?

 
Therion157

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United States
02/12/2013 02:35 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
So whats the problem? 31 USC sec 5103 "federal reserve notes liability of the United States." Take the "claimed" Federal Debt & add the Feds "claimed" balance sheet to the U.S. national debt! Therein lays a problem.... the Fed is forced into swaps to prevent its balance sheet from hyper-inflating as it tries to provide the much needed dollars.... Congress is prevented from creating a budget, as they need the unlimited flexibility to also add $ via federal spending into the global economy.... dollars are being retired or destroyed faster than they can be created by depreciating or destructing collateral, this is the real problem why the economies cannot gain traction.... creditors are also withdrawing REAL credit as the credit markets are regarded as too risky to participate in..... soon shortages of goods & services will begin... once this begins you will know why FEMA, DHS, NDAA & DRONES exist!
Therion157
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Chile
02/12/2013 02:45 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
And dont you forget the "Maletinazo" or suitcase scandal back in 2007.

The scandal began when Guido Alejandro Antonini Wilson, a Venezuelan-US entrepreneur, arrived in Argentina on a private flight hired by Argentine and Venezuelan state officials carrying US$800,000 in cash which he failed to declare.

A personal gift from Hugo (for elections of course).
Anonymous Coward (OP)
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Argentina
02/12/2013 03:12 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
And dont you forget the "Maletinazo" or suitcase scandal back in 2007.

The scandal began when Guido Alejandro Antonini Wilson, a Venezuelan-US entrepreneur, arrived in Argentina on a private flight hired by Argentine and Venezuelan state officials carrying US$800,000 in cash which he failed to declare.

A personal gift from Hugo (for elections of course).
 Quoting: Anonymous Coward 34234713


stop it.you are embarrasing us all with your history lessons
hiding

blackeye
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Chile
02/12/2013 03:18 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
And dont you forget the "Maletinazo" or suitcase scandal back in 2007.

The scandal began when Guido Alejandro Antonini Wilson, a Venezuelan-US entrepreneur, arrived in Argentina on a private flight hired by Argentine and Venezuelan state officials carrying US$800,000 in cash which he failed to declare.

A personal gift from Hugo (for elections of course).
 Quoting: Anonymous Coward 34234713


stop it.you are embarrasing us all with your history lessons
hiding

blackeye
 Quoting: Strongman Shelford


tomato


And then there was..... and I remember ....
ehecatl

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02/12/2013 03:37 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Wait a minute which is it ? you said it was illegal in one post and then in this post and then in one of your other posts you say you can get local Gold but it's not considered currency. Which is it dude ?

Explain it for us non-Agentinians in some form we can understand Thanks!
 Quoting: Anonymous Coward 33034699

ok . english is not my native language and this is a bit complex ... let me try again:

1) the government BANNED official gold sales for "hoarding" which means noone can go to a bank and buy bullion.
no foreign currencies are allowed for "savings". only under specific conditions and requirements ( you need to be approved by the argentinian version of the IRS called AFIP)

2) there is one bank which is recycling local gold and selling bullion. this is not considered "foreign currency" and it is not a currency since is gold .999 and not gold .9999

3) there is a black market for gold and silver of course.
 Quoting: Strongman Shelford


I think that it means that perhaps especially in Latin countries, those who hold something that gets banned stand to gain the most.

If they ban gold or silver, it is those who hold gold and silver who will profit even more.
Some guy
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02/12/2013 03:42 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Cristina is insane, im sorry but this government needs to crash and burn
Anonymous Coward
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Argentina
02/12/2013 03:45 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
clappa
Anonymous Coward
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Argentina
02/12/2013 03:46 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Cristina is insane, im sorry but this government needs to crash and burn
 Quoting: Some guy 33805686


clappa
Anonymous Coward
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02/12/2013 03:48 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
it's the liberal playbook for control. A glimpse into the future of the U.S.
 Quoting: Anonymous Coward 33337660


You are so lost if you follow the kabuki left right paradigm.
Anonymous Coward
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02/12/2013 03:52 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
I have a summary of what governments are doing globally.
Panic button has been hit by several governments.

this is my article:


hold your silver tight.
First let´s talk about Argentina. Simon says:


February 12, 2013
Buenos Aires, Argentina

Selling snake oil and issuing unbacked paper currency are not so different. They're both wildly successful ploys for the guys pulling the strings. And they're both complete scams that depend solely on the confidence of a willing, ignorant public.

But once the confidence begins to erode, the fraud unravels very, very quickly, and the perpetrators resort to desperate measures in order to keep the party going.

In the case of fiat currency, governments in terminal decline resort to a very limited, highly predictable playbook in which they try to control... everything... imposing capital controls, exchange controls, wage controls, price controls, trade controls, border controls, and sometimes even people controls.

These tactics have been used since the ancient Sumerians. This time is not different.

Today, Argentina presents the most clear-cut example. Here the 'mafiocracy' unites organized crime, big business, and politicians to plunder wealth from Argentine citizens. Just since 2010, President Cristina Fernandez has--

* Nationalized private pensions, plundering the retirement savings of her people.

* Increased tax rates across the board-- income, VAT, import duties, etc. as well as imposed a new wealth tax.

* Inflated Argentina's money supply, printing currency with wanton abandon; M2 money supply has increased 215% in the past three years.

* Driven the value and purchasing power of the currency down by 50%. Street-level inflation is now 30%+ per year.

* Made a mockery of official statistics, comically understating the level of Argentine inflation and unemployment. She even began punishing economists for publishing private estimates of inflation that didn't jive with the government figures.

* Taken over control of one industry after another, most notably the nationalization of Spanish oil firm YPF's Argentine assets.

* Imposed export controls of agriculture products from beef to grains, forcing growers to sell at artificially lower domestic prices.

* Imposed capital controls, reducing her citizens' capability to dump their poorly performing currency and hold gold, dollars, euros, or anything else.

* Imposed a two month 'price freeze' on items in the supermarket, and encouraged retail consumers to rat out any grocer that doesn't abide by the government order.

* Imposed controls over the media, most recently ordered an advertising ban in Argentine newspapers (weakening their financial position).

Cristina's policies here are leading to shortages in everything from food to fuel to electricity. Hardly a month goes by without major strikes and disruptions to public services. The purchasing power of their currency is diminishing rapidly. And most people are completely trapped.


much more about what other countries and full article here:
[link to www.silvertardsweride.com]

and watch the vid if you are into "currency wars" thesis




THIS IS YOUR HOST, Strongman Shelford

AND THIS, is GODLIKEPRODUCTIONS.COM

clappa


Start the discussion!
5a
 Quoting: Strongman Shelford



I'll start... how much does grupo clarin pay you? Or maybe youi get paid by the same vultures that made little litte diddy

[link to www.youtube.com]

What has Christinas actually done? (translated from Spanish)

- The promotion of collective bargaining, minimum wage increases, vital and-Creating-AySA ENARSA and restructuring of foreign debt in 2005 and 2010
- The payment of the debt to the IMF-The creation of UNASUR · \
- The pension-plan including nationalization of the administrators
- The creation of the Federal Solidarity Fund (Fund soy)
- The Work Program Social Income "Argentina Works"
- The nationalization of Aerolineas Argentinas
- law mobility retirement
- Universal and Son and Pregnancy
- The Connect Program-Equality
- The Status of Rural Laborer
- The nationalization of 51% of YPF
- The entry of Venezuela into MERCOSUR
- Reforming the Central Bank Charter\
- house Plan PROCREA

What have the effects been of her plan to help Argentina and not bend over and take it up the ass from foreign vultures?

- GDP grew by more than 80%, recording the fastest growth of our in decades.
- Industrial production rose 107%.
- Argentina was the only Latin American country that exports reprimarizó but, on the contrary, increased to reach the industry in 2011, 34% of total foreign sales.
- It generated more than 5 million jobs.
- Unemployment declined from 20% to 7%.
- From 2003 to late 2012, the salary Minimum Living went from $ 200/mo pesos to $ 2900/mo pesos.
- From 2003 to December 2011, poverty per person rose from 54% to 7% and extreme poverty from 28% to 2%.
- The Universal Child Allowance reaches almost 4 million of children.
- International reserves increased from U.S. $ 9.915 million to 45.000 million.
- Tax revenue grew by almost 700%.
- In 2002, the total public debt to GDP meant 166% in late 2011 was reduced to 42%.
- In 2002, the total public debt held by the private sector, foreign currency relative to GDP was 92% in August 2012 fell to 8.4%.
- In 2002, the Debt Total Public, private held, relative to GDP was 124%, in August 2012 is only 12% and is much intra-public sector debt.
- In 2002, Argentina was $ 2,250 each, in August 2012 we have $ 962, the decline has been more than 50% of the per capita debt in Argentina.
- In 2002, was allocated 22% of tax revenues to pay debt interest, in August 2012, only 6%.
- From 2003 to August 2012, retirees more than doubled, went from 3.5 to 7.11 million people covered by the insurance system.
- The pension coverage rate is 95.1%, the highest rate throughout Latin America.
- From 2003 to August 2012, increasing the minimum pension was 1254%.

If Obama had done this, or ANY president, he would be hailed as a freaking savior/genius. When Christina does it she is demonized because she is not in the pockets of the powers that are used to raping Argentina

I will alos add that is Argentines actually gave a shit abouit their own economy instead of whining that can't vacatation is Punte del Easte or Miami, if they choose to buy their stuff from Argentine companies instead of payoing much for for US imports because they are all so fucking insecure that others will think that are 'latin Americans' and not 'displaced europeans', then the economy would transform overnight.
Buck Zander

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02/12/2013 04:04 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Getting interesting.
There must be a law that people can't lie.
Anonymous Coward
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United States
02/12/2013 04:08 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
all this talk...yet the metals remain flaT...WHY?
Anonymous Coward
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United States
02/12/2013 04:15 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
we're gonna be buying a loaf of bread with a 1964 dime.
 Quoting: EndTheFed


Hey, I got some of those, but unfortunately man does not live by bread alone.

.
 Quoting: Anonymous Coward 961432


This got me to thinking...

Give a man a fire - he stays warm for a day

Light a man on fire - he stays warm for the rest of his life



Thought you might like that one :p
Anonymous Coward
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Switzerland
02/12/2013 04:18 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
all this talk...yet the metals remain flaT...WHY?
 Quoting: Anonymous Coward 10261606


because they're rigged.

also most of that extra liquidity doesn't hit the streets (yet)...
EndTheFed

User ID: 1656381
United States
02/12/2013 04:21 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
all this talk...yet the metals remain flaT...WHY?
 Quoting: Anonymous Coward 10261606


because they're rigged.

also most of that extra liquidity doesn't hit the streets (yet)...
 Quoting: Anonymous Coward 27769155


JP Morgan shorting silver and manipulating the PM market.

Silver always getting smacked down below $50/oz.
Anonymous Coward
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Netherlands
02/12/2013 04:23 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
I have a summary of what governments are doing globally.
Panic button has been hit by several governments.

this is my article:


hold your silver tight.
First let´s talk about Argentina. Simon says:


February 12, 2013
Buenos Aires, Argentina

Selling snake oil and issuing unbacked paper currency are not so different. They're both wildly successful ploys for the guys pulling the strings. And they're both complete scams that depend solely on the confidence of a willing, ignorant public.

But once the confidence begins to erode, the fraud unravels very, very quickly, and the perpetrators resort to desperate measures in order to keep the party going.

In the case of fiat currency, governments in terminal decline resort to a very limited, highly predictable playbook in which they try to control... everything... imposing capital controls, exchange controls, wage controls, price controls, trade controls, border controls, and sometimes even people controls.

These tactics have been used since the ancient Sumerians. This time is not different.

Today, Argentina presents the most clear-cut example. Here the 'mafiocracy' unites organized crime, big business, and politicians to plunder wealth from Argentine citizens. Just since 2010, President Cristina Fernandez has--

* Nationalized private pensions, plundering the retirement savings of her people.

* Increased tax rates across the board-- income, VAT, import duties, etc. as well as imposed a new wealth tax.

* Inflated Argentina's money supply, printing currency with wanton abandon; M2 money supply has increased 215% in the past three years.

* Driven the value and purchasing power of the currency down by 50%. Street-level inflation is now 30%+ per year.

* Made a mockery of official statistics, comically understating the level of Argentine inflation and unemployment. She even began punishing economists for publishing private estimates of inflation that didn't jive with the government figures.

* Taken over control of one industry after another, most notably the nationalization of Spanish oil firm YPF's Argentine assets.

* Imposed export controls of agriculture products from beef to grains, forcing growers to sell at artificially lower domestic prices.

* Imposed capital controls, reducing her citizens' capability to dump their poorly performing currency and hold gold, dollars, euros, or anything else.

* Imposed a two month 'price freeze' on items in the supermarket, and encouraged retail consumers to rat out any grocer that doesn't abide by the government order.

* Imposed controls over the media, most recently ordered an advertising ban in Argentine newspapers (weakening their financial position).

Cristina's policies here are leading to shortages in everything from food to fuel to electricity. Hardly a month goes by without major strikes and disruptions to public services. The purchasing power of their currency is diminishing rapidly. And most people are completely trapped.


much more about what other countries and full article here:
[link to www.silvertardsweride.com]

and watch the vid if you are into "currency wars" thesis




THIS IS YOUR HOST, Strongman Shelford

AND THIS, is GODLIKEPRODUCTIONS.COM

clappa


Start the discussion!
5a
 Quoting: Strongman Shelford


Hollande also iniamwith
Anonymous Coward
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02/12/2013 04:23 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
doom!
Anonymous Coward
User ID: 34262485
Colombia
02/12/2013 04:31 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
I've got a bunch of silver. But, silver had it's ride...get used to going sideways and, at least, slightly downwards for some time.
 Quoting: Anonymous Coward 34146938


Jim Sinclair, and the math, disagree with you. If you think you know more about the precious metals market than Sinclair, or think you can repeal the laws of mathematics, only then is your statement correct.
Anonymous Coward
User ID: 33699634
Argentina
02/12/2013 04:32 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
all this talk...yet the metals remain flaT...WHY?
 Quoting: Anonymous Coward 10261606


because they're rigged.

also most of that extra liquidity doesn't hit the streets (yet)...
 Quoting: Anonymous Coward 27769155


the ONLY currency that is not rigged, that CAN NOT BE rigged, is BITCOINS. Do your research
Anonymous Coward
User ID: 167162
United States
02/12/2013 04:36 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Meanwhile many countries are complaining they can't get any U.S. Paper Currency, even though there is a virtual flood of electronic dollars floating around out there...

Interesting development...
 Quoting: Saddletramp


Yes, in preperation for switching to a cashless society. A literal one-world currency.
Anonymous Coward (OP)
User ID: 13700709
Argentina
02/12/2013 05:54 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
I have a summary of what governments are doing globally.
Panic button has been hit by several governments.

this is my article:


hold your silver tight.
First let´s talk about Argentina. Simon says:


February 12, 2013
Buenos Aires, Argentina

Selling snake oil and issuing unbacked paper currency are not so different. They're both wildly successful ploys for the guys pulling the strings. And they're both complete scams that depend solely on the confidence of a willing, ignorant public.

But once the confidence begins to erode, the fraud unravels very, very quickly, and the perpetrators resort to desperate measures in order to keep the party going.

In the case of fiat currency, governments in terminal decline resort to a very limited, highly predictable playbook in which they try to control... everything... imposing capital controls, exchange controls, wage controls, price controls, trade controls, border controls, and sometimes even people controls.

These tactics have been used since the ancient Sumerians. This time is not different.

Today, Argentina presents the most clear-cut example. Here the 'mafiocracy' unites organized crime, big business, and politicians to plunder wealth from Argentine citizens. Just since 2010, President Cristina Fernandez has--

* Nationalized private pensions, plundering the retirement savings of her people.

* Increased tax rates across the board-- income, VAT, import duties, etc. as well as imposed a new wealth tax.

* Inflated Argentina's money supply, printing currency with wanton abandon; M2 money supply has increased 215% in the past three years.

* Driven the value and purchasing power of the currency down by 50%. Street-level inflation is now 30%+ per year.

* Made a mockery of official statistics, comically understating the level of Argentine inflation and unemployment. She even began punishing economists for publishing private estimates of inflation that didn't jive with the government figures.

* Taken over control of one industry after another, most notably the nationalization of Spanish oil firm YPF's Argentine assets.

* Imposed export controls of agriculture products from beef to grains, forcing growers to sell at artificially lower domestic prices.

* Imposed capital controls, reducing her citizens' capability to dump their poorly performing currency and hold gold, dollars, euros, or anything else.

* Imposed a two month 'price freeze' on items in the supermarket, and encouraged retail consumers to rat out any grocer that doesn't abide by the government order.

* Imposed controls over the media, most recently ordered an advertising ban in Argentine newspapers (weakening their financial position).

Cristina's policies here are leading to shortages in everything from food to fuel to electricity. Hardly a month goes by without major strikes and disruptions to public services. The purchasing power of their currency is diminishing rapidly. And most people are completely trapped.


much more about what other countries and full article here:
[link to www.silvertardsweride.com]

and watch the vid if you are into "currency wars" thesis




THIS IS YOUR HOST, Strongman Shelford

AND THIS, is GODLIKEPRODUCTIONS.COM

clappa


Start the discussion!
5a
 Quoting: Strongman Shelford



I'll start... how much does grupo clarin pay you? Or maybe youi get paid by the same vultures that made little litte diddy

[link to www.youtube.com]

What has Christinas actually done? (translated from Spanish)

- The promotion of collective bargaining, minimum wage increases, vital and-Creating-AySA ENARSA and restructuring of foreign debt in 2005 and 2010
- The payment of the debt to the IMF-The creation of UNASUR · \
- The pension-plan including nationalization of the administrators
- The creation of the Federal Solidarity Fund (Fund soy)
- The Work Program Social Income "Argentina Works"
- The nationalization of Aerolineas Argentinas
- law mobility retirement
- Universal and Son and Pregnancy
- The Connect Program-Equality
- The Status of Rural Laborer
- The nationalization of 51% of YPF
- The entry of Venezuela into MERCOSUR
- Reforming the Central Bank Charter\
- house Plan PROCREA

What have the effects been of her plan to help Argentina and not bend over and take it up the ass from foreign vultures?

- GDP grew by more than 80%, recording the fastest growth of our in decades.
- Industrial production rose 107%.
- Argentina was the only Latin American country that exports reprimarizó but, on the contrary, increased to reach the industry in 2011, 34% of total foreign sales.
- It generated more than 5 million jobs.
- Unemployment declined from 20% to 7%.
- From 2003 to late 2012, the salary Minimum Living went from $ 200/mo pesos to $ 2900/mo pesos.
- From 2003 to December 2011, poverty per person rose from 54% to 7% and extreme poverty from 28% to 2%.
- The Universal Child Allowance reaches almost 4 million of children.
- International reserves increased from U.S. $ 9.915 million to 45.000 million.
- Tax revenue grew by almost 700%.
- In 2002, the total public debt to GDP meant 166% in late 2011 was reduced to 42%.
- In 2002, the total public debt held by the private sector, foreign currency relative to GDP was 92% in August 2012 fell to 8.4%.
- In 2002, the Debt Total Public, private held, relative to GDP was 124%, in August 2012 is only 12% and is much intra-public sector debt.
- In 2002, Argentina was $ 2,250 each, in August 2012 we have $ 962, the decline has been more than 50% of the per capita debt in Argentina.
- In 2002, was allocated 22% of tax revenues to pay debt interest, in August 2012, only 6%.
- From 2003 to August 2012, retirees more than doubled, went from 3.5 to 7.11 million people covered by the insurance system.
- The pension coverage rate is 95.1%, the highest rate throughout Latin America.
- From 2003 to August 2012, increasing the minimum pension was 1254%.

If Obama had done this, or ANY president, he would be hailed as a freaking savior/genius. When Christina does it she is demonized because she is not in the pockets of the powers that are used to raping Argentina

I will alos add that is Argentines actually gave a shit abouit their own economy instead of whining that can't vacatation is Punte del Easte or Miami, if they choose to buy their stuff from Argentine companies instead of payoing much for for US imports because they are all so fucking insecure that others will think that are 'latin Americans' and not 'displaced europeans', then the economy would transform overnight.
 Quoting: Anonymous Coward 33699634



yeah yeah. "According to my INDEC numbers"

cruise
Anonymous Coward
User ID: 33959065
Argentina
02/12/2013 06:03 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Strongman is full of shit, when someone give numbers he only answer with jokes and sarcasm.
Anonymous Coward
User ID: 33959065
Argentina
02/12/2013 06:04 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
I have a summary of what governments are doing globally.
Panic button has been hit by several governments.

this is my article:


hold your silver tight.
First let´s talk about Argentina. Simon says:


February 12, 2013
Buenos Aires, Argentina

Selling snake oil and issuing unbacked paper currency are not so different. They're both wildly successful ploys for the guys pulling the strings. And they're both complete scams that depend solely on the confidence of a willing, ignorant public.

But once the confidence begins to erode, the fraud unravels very, very quickly, and the perpetrators resort to desperate measures in order to keep the party going.

In the case of fiat currency, governments in terminal decline resort to a very limited, highly predictable playbook in which they try to control... everything... imposing capital controls, exchange controls, wage controls, price controls, trade controls, border controls, and sometimes even people controls.

These tactics have been used since the ancient Sumerians. This time is not different.

Today, Argentina presents the most clear-cut example. Here the 'mafiocracy' unites organized crime, big business, and politicians to plunder wealth from Argentine citizens. Just since 2010, President Cristina Fernandez has--

* Nationalized private pensions, plundering the retirement savings of her people.

* Increased tax rates across the board-- income, VAT, import duties, etc. as well as imposed a new wealth tax.

* Inflated Argentina's money supply, printing currency with wanton abandon; M2 money supply has increased 215% in the past three years.

* Driven the value and purchasing power of the currency down by 50%. Street-level inflation is now 30%+ per year.

* Made a mockery of official statistics, comically understating the level of Argentine inflation and unemployment. She even began punishing economists for publishing private estimates of inflation that didn't jive with the government figures.

* Taken over control of one industry after another, most notably the nationalization of Spanish oil firm YPF's Argentine assets.

* Imposed export controls of agriculture products from beef to grains, forcing growers to sell at artificially lower domestic prices.

* Imposed capital controls, reducing her citizens' capability to dump their poorly performing currency and hold gold, dollars, euros, or anything else.

* Imposed a two month 'price freeze' on items in the supermarket, and encouraged retail consumers to rat out any grocer that doesn't abide by the government order.

* Imposed controls over the media, most recently ordered an advertising ban in Argentine newspapers (weakening their financial position).

Cristina's policies here are leading to shortages in everything from food to fuel to electricity. Hardly a month goes by without major strikes and disruptions to public services. The purchasing power of their currency is diminishing rapidly. And most people are completely trapped.


much more about what other countries and full article here:
[link to www.silvertardsweride.com]

and watch the vid if you are into "currency wars" thesis




THIS IS YOUR HOST, Strongman Shelford

AND THIS, is GODLIKEPRODUCTIONS.COM

clappa


Start the discussion!
5a
 Quoting: Strongman Shelford



I'll start... how much does grupo clarin pay you? Or maybe youi get paid by the same vultures that made little litte diddy

[link to www.youtube.com]

What has Christinas actually done? (translated from Spanish)

- The promotion of collective bargaining, minimum wage increases, vital and-Creating-AySA ENARSA and restructuring of foreign debt in 2005 and 2010
- The payment of the debt to the IMF-The creation of UNASUR · \
- The pension-plan including nationalization of the administrators
- The creation of the Federal Solidarity Fund (Fund soy)
- The Work Program Social Income "Argentina Works"
- The nationalization of Aerolineas Argentinas
- law mobility retirement
- Universal and Son and Pregnancy
- The Connect Program-Equality
- The Status of Rural Laborer
- The nationalization of 51% of YPF
- The entry of Venezuela into MERCOSUR
- Reforming the Central Bank Charter\
- house Plan PROCREA

What have the effects been of her plan to help Argentina and not bend over and take it up the ass from foreign vultures?

- GDP grew by more than 80%, recording the fastest growth of our in decades.
- Industrial production rose 107%.
- Argentina was the only Latin American country that exports reprimarizó but, on the contrary, increased to reach the industry in 2011, 34% of total foreign sales.
- It generated more than 5 million jobs.
- Unemployment declined from 20% to 7%.
- From 2003 to late 2012, the salary Minimum Living went from $ 200/mo pesos to $ 2900/mo pesos.
- From 2003 to December 2011, poverty per person rose from 54% to 7% and extreme poverty from 28% to 2%.
- The Universal Child Allowance reaches almost 4 million of children.
- International reserves increased from U.S. $ 9.915 million to 45.000 million.
- Tax revenue grew by almost 700%.
- In 2002, the total public debt to GDP meant 166% in late 2011 was reduced to 42%.
- In 2002, the total public debt held by the private sector, foreign currency relative to GDP was 92% in August 2012 fell to 8.4%.
- In 2002, the Debt Total Public, private held, relative to GDP was 124%, in August 2012 is only 12% and is much intra-public sector debt.
- In 2002, Argentina was $ 2,250 each, in August 2012 we have $ 962, the decline has been more than 50% of the per capita debt in Argentina.
- In 2002, was allocated 22% of tax revenues to pay debt interest, in August 2012, only 6%.
- From 2003 to August 2012, retirees more than doubled, went from 3.5 to 7.11 million people covered by the insurance system.
- The pension coverage rate is 95.1%, the highest rate throughout Latin America.
- From 2003 to August 2012, increasing the minimum pension was 1254%.

If Obama had done this, or ANY president, he would be hailed as a freaking savior/genius. When Christina does it she is demonized because she is not in the pockets of the powers that are used to raping Argentina

I will alos add that is Argentines actually gave a shit abouit their own economy instead of whining that can't vacatation is Punte del Easte or Miami, if they choose to buy their stuff from Argentine companies instead of payoing much for for US imports because they are all so fucking insecure that others will think that are 'latin Americans' and not 'displaced europeans', then the economy would transform overnight.
 Quoting: Anonymous Coward 33699634





Strongman now will try to make fun of you because he has nothing to say about these numbers...

You are pity strongman
Anonymous Coward
User ID: 33959065
Argentina
02/12/2013 06:11 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Strongman, what will you answer??
Oh! wait!
I know!
Now you will say That we are pay Kirchneristas or Kampora guys because we don't repeat the same bullshit that you are repeating?
hehhehe!

Im not Kirchnerista, but what about you? what you are? Becuse you are always making these threads talking shit about Argentina at least one time every two months or less, sow someone must be paying you to make this...
pity!!!
Anonymous Coward
User ID: 33959065
Argentina
02/12/2013 06:22 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Let's take a look about the threads that Strongman opened about Argentina:

CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?

Strongman VIDEO REPORT: Argentina 25% INFLATION but you can´t buy foreign currency. 4 EXCHANGE rates. You can´t buy gold ... watch it


Argentinian Trade Secretary: "It is really possible of a devaluation of 20% this year" YES That´s my country guys....

ARGENTINA TURNING IN A NAZI NARCOSOCIALIST state: Argie government will expose fiscal data of any who criticize the government on the media!


NATIONAL STRIKE with pickets AGAINST Cristina KIRCHNER in Argentina. Follow it LIVE


Global Financial Repression is here! India to ban GOLD sales ! Argentina banned Gold sales and foreign currency! Europe withdrawal limits....

You want privacy? come to Argentina! ARGENTINIAN IRS will look to all ARGENTINIAN CREDIT CARD PURCHASES AND CHARGE A 15% TAX-CREDIT ! 1984 STYLE!

MASSIVE PROTESTS IN ARGENTINA TAKING PLACE NOW IN ARGENTINA AGAINST PRESIDENT CRISTINA! live STREAMING!


TOTAL FINANCIAL ORWELLIAN STATE in Argentina now: IF you buy dollars, the Tax collecting agency will ask you WHAT FOR? extreme currency controls



I live in Argentina. NOW i Can´t buy FOREIGN CURRENCY or gold freely. Ask me a Fu$$ing question If you wish. I am tired of this $hi$




I think that someone is getting paid to make all these threads or someone is very intresting to keep buying dollars at Argentina at any cost...
hahahahhaa!!!

Strongman you fucking pay shill!!
You made all these threads in the last six months!!!!!
And you talk shit about argentinean goverment in all of them!
Please, tell me who is giving you money to write all these shit! please! hahahahahhaa!!!

Strongman SHAME ON YOU!
Anonymous Coward
User ID: 33699634
Argentina
02/12/2013 06:45 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Let's take a look about the threads that Strongman opened about Argentina:

CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?

Strongman VIDEO REPORT: Argentina 25% INFLATION but you can´t buy foreign currency. 4 EXCHANGE rates. You can´t buy gold ... watch it


Argentinian Trade Secretary: "It is really possible of a devaluation of 20% this year" YES That´s my country guys....

ARGENTINA TURNING IN A NAZI NARCOSOCIALIST state: Argie government will expose fiscal data of any who criticize the government on the media!


NATIONAL STRIKE with pickets AGAINST Cristina KIRCHNER in Argentina. Follow it LIVE


Global Financial Repression is here! India to ban GOLD sales ! Argentina banned Gold sales and foreign currency! Europe withdrawal limits....

You want privacy? come to Argentina! ARGENTINIAN IRS will look to all ARGENTINIAN CREDIT CARD PURCHASES AND CHARGE A 15% TAX-CREDIT ! 1984 STYLE!

MASSIVE PROTESTS IN ARGENTINA TAKING PLACE NOW IN ARGENTINA AGAINST PRESIDENT CRISTINA! live STREAMING!


TOTAL FINANCIAL ORWELLIAN STATE in Argentina now: IF you buy dollars, the Tax collecting agency will ask you WHAT FOR? extreme currency controls



I live in Argentina. NOW i Can´t buy FOREIGN CURRENCY or gold freely. Ask me a Fu$$ing question If you wish. I am tired of this $hi$




I think that someone is getting paid to make all these threads or someone is very intresting to keep buying dollars at Argentina at any cost...
hahahahhaa!!!

Strongman you fucking pay shill!!
You made all these threads in the last six months!!!!!
And you talk shit about argentinean goverment in all of them!
Please, tell me who is giving you money to write all these shit! please! hahahahahhaa!!!

Strongman SHAME ON YOU!
 Quoting: Anonymous Coward 33959065



wow... i have to say, it looks pretty bad for Stongman, with his series of 'Argentina Sucks!' threads. What say ye, Strongman?

As for INDEC... why should that government agency be any differnt from any other government agency in any country? The US states their unemployment is 7.9! & fucking point 9!!!!??? How stupid do they think the US citiznes are!? The real unemployment rate is arounf 41% ( [link to rt.com] so in comparison, INDEC is a hell of a lot more 'honest' then the US Census Agency.
Anonymous Coward (OP)
User ID: 13700709
Argentina
02/16/2013 07:09 AM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
FEW WORDS FOR YOU:

INFLATION RATE 25-30% AND RISING

INDEK : 10-12% ! well done!


ECONOMY GDP GROWTH 2011: 8%

2012: 1%
well done!


AMOUNT OF DOLLARS DEPOSITS LOSS IN 2012: 50%!


EXTREME CURRENCY CONTROLS

INFLATION RISING

UNIONS LEAVING .


WELL DONE!

i am posting to teach others what you should not do in your country

you are full of it , because you are full of your INDEK numbers
cruise
Anonymous Coward
User ID: 34496299
Argentina
02/16/2013 01:39 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
hahahahaha!!
The baby is crying for his dollars!!!
hahahaha!!!
That's are all your numbers???
Our country keep growing and our best costumers (Spain and US) are in their worst recesion...
You live in a bottle Strongman, you know that Argentina is 100 times better than 2001 and maybe better than any other time. Record on people going on vacations, january 2013 record on car sales!
You only cry for the dollars!!

Go to live to other country if you love the dollars so much!

Why don't you try to go to the US and start to talk shit about the dollars, the president, the country, the people, etc.. lke you do with Argentina... Shame on you, pity bro...

Das lastima pobre tipo... Debes ser un muerto de hambre para andar pidiendo comprar dolares cuando sabes que con eso perjudicas a gran parte del pais. Debes ser el tipico sorete que siempre vivio de la plata de los demas. Porque no salis a vender un producto y vas a ver como esta el pais? Porque no te pones a producir y vas a ver como haces plata...
Das lastima y cada vez vamos a ser mas los que te saquemos la careta aca.
Me acusas de K y de ser de la Kampora y nunca en mi vida bri un thread sobre politica. Si yo soy eso por contestar diferente a vos, a vos que te hace entonces que abris threads todos los meses siguiendo una linea totalmente subjetiva?
No tenes ni idea de donde estas parado. Pero quedate tranquilo que te vamos a poner bien en tu lugar.
jejeje!

Chau pobre, anda a llorar por dolares!
Anonymous Coward
User ID: 19617445
United States
02/16/2013 01:58 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Panhead

User ID: 34178062
United States
02/16/2013 02:12 PM
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Re: CURRENCY WARS are here. AND SO IT BEGINS. Venezuela, FULL attack from Japan, Argentina, Hollande also in. who is next?
Thread: Draconian Cash Controls Are Coming To France
"Any man who thinks he can be happy and prosperous by letting the American Government take care of him;

better take a closer look at the American Indian."

Henry Ford

"Disappointment is Anger for wimps"

House





GLP