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ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY

 
UNCLE FUCK SNOT
User ID: 4515501
United States
05/03/2013 07:12 AM
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ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
[link to www.huffingtonpost.com]

Like an aging boxer still climbing into the ring when past his prime, Argentina's President Cristina Fernández de Kirchner is on the ropes and staggering in response to the pummeling she is getting in the streets.
Kirchner's latest gambit to push through legislation allowing voters to pick and choose the magistrates who appoint and remove judges sparked a protest of hundreds of thousands in the most recent demonstrations in the country.
While Argentinians have historically been very supportive of the sitting government, the fact that people are protesting in numbers not heard of since the 2001 economic collapse is revealing.
The economic ship of Argentina has been floundering for some time now and it will be interesting to watch how Kirchner reacts to this latest backlash.
With Argentina on the bank of the bankruptcy river and membership in the IMF (International Monetary Fund) at risk, potential saviors in the form of international investors do not believe the financial data coming out of Buenos Aires.
With growing debt, runaway inflation and an economy which is on life support, there is nothing going on in Argentina to attract international investors.
The U.S. government is unwilling to offer any financial assistance and while allies such as Brazil and Mexico would prefer to see an economically stronger Argentina, the financial hole is too deep and getting deeper daily.
Argentinian public service employees have consistently been getting paid late and this is another bad omen for the country. If public services are allowed to come to a halt, the country would go into an economic free fall.
Anonymous Coward
User ID: 39260238
05/03/2013 07:15 AM
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Re: ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
[link to www.huffingtonpost.com]

Like an aging boxer still climbing into the ring when past his prime, Argentina's President Cristina Fernández de Kirchner is on the ropes and staggering in response to the pummeling she is getting in the streets.
Kirchner's latest gambit to push through legislation allowing voters to pick and choose the magistrates who appoint and remove judges sparked a protest of hundreds of thousands in the most recent demonstrations in the country.
While Argentinians have historically been very supportive of the sitting government, the fact that people are protesting in numbers not heard of since the 2001 economic collapse is revealing.
The economic ship of Argentina has been floundering for some time now and it will be interesting to watch how Kirchner reacts to this latest backlash.
With Argentina on the bank of the bankruptcy river and membership in the IMF (International Monetary Fund) at risk, potential saviors in the form of international investors do not believe the financial data coming out of Buenos Aires.
With growing debt, runaway inflation and an economy which is on life support, there is nothing going on in Argentina to attract international investors.
The U.S. government is unwilling to offer any financial assistance and while allies such as Brazil and Mexico would prefer to see an economically stronger Argentina, the financial hole is too deep and getting deeper daily.
Argentinian public service employees have consistently been getting paid late and this is another bad omen for the country. If public services are allowed to come to a halt, the country would go into an economic free fall.
 Quoting: UNCLE FUCK SNOT 4515501


Yawn
Huffington post........

whatever
More USA media bashing of the world. Sorry not taking our eye off the ball, which is the USA. All eyes are on you :)
Anonymous Coward
User ID: 10272994
Brazil
05/03/2013 07:20 AM
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Re: ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
Correct. Kirchner is destroying Argentina´s economy. Argentina has now under Kirchern´s became a typical left wing banana republic. This situation will not sustain very long however.

I just hope Argentina gets rid of her soon as well as BRazil gets rid of our current left wing government next year.
Horus of the Two Horizons
User ID: 34531932
United States
05/03/2013 08:14 AM
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Re: ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
Argentina is hardly the only economic basketcase on the verge of collapse.

Western civilization has spent its future, borrowing heavily to provide too much too soon and help hide immense greed and corruption, especially in New York, DC, and London.

Countries like Cyprus, Greece, Spain, and Argentina are not that much closer to the edge than many others like France, Italy, and the USA.

Politicians have done a great job on one thing - kicking the can down the road and delaying the inevitable collapse. They may be engineering a large Middle East war to take blame for the coming collapse - for example, if everything seems normal until a nuclear war in the sandbox makes gasoline hit 10 or 12 dollars a gallon overnight, it will be easy to blame Iran or whoever else for Great Depression II (and martial law and whatever other fascism follows.)

As an author of books on prophecy, I am also expecting collapse and war based on ancient sources - which clue us in to the timing of end times problems through astronomical descriptions of the night skies of the future. Heavenly bodies act out the steps of an ancient Jewish wedding ceremony in December 2019, and I think everything reaches its conclusion at the end of that wedding.

[link to endtimesand2019.webs.com]
Anonymous Coward
User ID: 37910186
United States
05/03/2013 08:17 AM
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Re: ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
Will this drag down the rest of South America? Would hate to see Brazil get poorer.
SteamrolledGobias

User ID: 15716609
United States
05/03/2013 08:40 AM

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Re: ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
I think if one of the big dominoes will fall then the rest of the world will follow
Integrity101

User ID: 1526444
United States
05/03/2013 09:13 AM

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Re: ARGENTINA on The Verge of LARGEST ECONOMIC COLLAPSE IN HISTORY
Sounds like its almost time for them to return to the old way.

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