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Look disagree with every policy Argentina has, I don't mind, you have a right to disagree, but make sure you know what policies you're talking about, unlike the ignorant of Whottt.
We could get into beef export trade policies if you like. But I'm not argumentative by nature.
Look disagree with every policy Argentina has, I don't mind, you have a right to disagree, but make sure you know what policies you're talking about, unlike the ignorant of Whottt.
Well, basically it all boils down to the devaluation of the Argentinian peso and how that affects prices worldwide. A huge slug of cheaper beef was available to export markets at rock-bottom prices. Also, the reduced consumption of beef within Argentina has made more beef available for export at these reduced prices. Rather than a slow devaluation, this happened very drastically with a bad effect on the markets and feedlots with cattle on-hand purchased at higher prices.
Were it not for the relatively low numbers of the domestic cattle herd in the US and a huge increase in demand for domestic US beef and beef products, our prices would be in the crapper more than they are.
I understand that Argentinian ranchers aren't to blame for their government backing down on their commitment to the IMF and their own currency, and that the EU & its made-up policies are a much bigger threat to US beef exports, but I was merely providing an example of a policy that has caused some ire in the US, Texas especially.
It wasn't so much a policy as a necesity. The economy needed a huge influx of cash, very quickly. The fact that we now export more beef at cheaper prices is the resultof several economic failures on behalf of our government throughout the course of a decade. However, I do believe those failures have affected us more than it has the US. We as a country greatly depend in the cattle industry, where as the US has several other major sources of income. Either way I understand that the Texan economy has been affected by this measure, there just wasn't much else we could do.
I'm trying to finagle a trip to Argentina to see a ranch recently purchased by a family friend. Maybe in a year or two I can make it down there; I've been wanting to go for a long time and this is the latest excuse.
Yes it does. Most of the country's economic indicators tell the same story. Underdeveloped country with lots of potential that cannot shake away its heritage. I agree with you that the British model is way better than the Spanish one. Simply look at the US, Canada, Australia, NZ, HK, etc.
The country is full of natural resources, the problem is us Argies. I can't put my finger exactly as to what our ptoblem is, but it is clear that when you have a neighbor with 1/4 of your population and 1/10 of your resources, and they are still able to move their country forward as they have (I'm obviously talking about Chile), then you realize that we Argies are the ones ing up Argentina.
But don't tell this to whottt
Are you trying to claim being a deadbeat hasn't been Argentinian policy for over a 100 years now?
You are wrong...from the time you guys sent the bank of Britain into bankruptcy in 1890...to this present day...you guys have been ing deadbeats...
In terms of common sense, I can't say it's a bad policy...borrow money, don't pay it back..
I just can't figure out why ya'll are ing poor after ripping off more money that any country in history.
But borrowing money and not paying it back is pretty smart....
, why don't we all do that? Oh...we can't. Some of us have to be responsible leaders of the free world.
While others....sit on their asses in judgement without contributing much...except debt.
Political zophrenia isn't a policy?
It most definitely is...one that can be laid directly at the feet of the Argentine people...not their government.
And if you don't see this then you are ignorant of the history of your own country.
By the way...the way I instinctively knew that smeagol fudged on the Buenos Aires jewish population statement...
Um...jews aren't borrowers...they are lenders. Argentina is definitely a country of borrowers. Jews ing know what to do with their money...while Argentina...doesn't.
IF Argentina had a sizable population of jews they wouldn't be the historical deadbeats they have been.
Make sure you bring your shotgun.
The dove hunting down there is not to be believed.
My stats from last year:
TOTAL BOXES 129
TOTAL ROUNDS 3225
TOTAL BIRDS 1497
HUNT TIME (HOURS) 24
HUNT TIME (MINUTES) 1440
ROUNDS FIRED PER MINUTE 2.24
AVERAGE ROUNDS PER BIRD 2.154308617
And those folks don't around when it comes to beef. I know I had to have put on an extra 20 lbs with the lunches and dinners they served.
An added bonus is Quilmes is a kick ass beer as well.
Because when you do that, people are more reluctant to do business with you for a while. And when you can't do business... you can't make money or create jobs.
Actually, you have stumbled upon something. People see that the U.S. has succeeded, and refuse to accept that the Americans created much of their own wealth. People think that economics is a zero-sum game, that if the U.S. is rich and they are poor, then the U.S. must have stolen something from them., why don't we all do that? Oh...we can't. Some of us have to be responsible leaders of the free world.
While others....sit on their asses in judgement without contributing much...except debt.
Someone earlier in the thread lamented the failure of Latin American governments to create wealth for their people. That right there is one of the key differences in the mentality. Americans are more likely to think that the best way for the government to create wealth is to stay out of the ing way of the entrepreneur.
We're more dynamist than a lot of countries. The frame of mind in the Spanish-centered countries is morre statist.
Brilliant logic.
Jew population as a % of total population:
US: 1.93%
Canada: 1.12%
France: 0.96%
Argentina: 0.63%
UK: 0.50%
Australia: 0.50%
Switzerland: 0.24%
Sweden: 0.20%
Netherlands: 0.19%
Denmark: 0.16%
NZ: 0.13%
Italy: 0.06%
All those countries borrow money. Look at their populations as a % of total population.
What a stupid statement!
I hope you do realize that the U.S. has become a borrower nation under the brilliant fiscal leadership of the formerly-conservative Republicans.
Actually, we're the biggest borrower in the world.
That whole stones/glass houses thing.
If the US were to default on its loans (secured by itself, not through the help of IMF), the entire world economy as we know it would be plunged into depression.
The United States government has taxing authority on the largest economy in the world. That's why it continues to get credit.
But, yes, you're right. If things got bad enough that the U.S. had to default, the result would be far worse than 1929.
Alarm bells won't start to go off until our national debt exceeds our GDP. Right now it's around 64%.
And all that money goes to finance the war in Iraq. What a waste of $$$$.
So what's being borrowed is going to the war in Iraq? I thought all of our tax dollars were going to the war in Iraq! I guess it's expediate to assume that whether the argument is taxes or national debt, whatever you disagree with is the primary reason for either?
Money is fungible. If the US did not spend - I don't even know how much it has spent already - the billions it has spent in this war, it probably would not have to borrow.
Now this is a scary statement...because if there's anyone that's an expert on wasting money...it's an Argentine. You guys pretty much wrote the book on how to do it.
oh please. Yeah, France told us to stay out of Vietnam, but mainly because they were bitter that they felt we didn't do enough to help them maintain power over that country. Yes, the wise French tried to get us to stay out...after spending a decade lobbying for MORE U.S involvement in their own Viet Nam debacle. They pleaded with the White House for more planes, more bombs, more men, more money and they were fairly succesful considering we ended up footing 80% of their military expenses. But they didn't like it when we only gave 10 B-26 bombers as opposed to the 25 they asked for. Oh, and we only sent 200 military personnel, when they wanted 400. And then they really got pissed off when we drew the line at some of the intense bombing they asked us to rain on the Viet-minh.
"In the French camp, food and ammunition shortages made it increasingly difficult for the 16,000 strong garrison to contain Viet-minh advances. Hoping to rectify the situation, Paris dispatched Army chief-of-staff Paul Ély to Washington to discuss an American intervention.The idea took the form of an operation code-named Vulture. Its objective was to relieve the pressures on the garrison at Dien Bien Phu with massive nighttime bombardments of Viet-minh positions and supply lines."
We ended up not doing it and they blamed us for their defeat.
Last edited by Jelly; 08-23-2005 at 03:16 PM.
Really? What are we borrowing and who are we borrowing it from?
We are also the biggest lender in the World...and the biggest giver in the world.
It's not borrowing in and of itself that's bad...it's borrowing it and not paying it back...As long as you aren't subscribing to the Argentine Doctrine it's not a problem.
Yes, it would, unfortunately.
The problem is that the members of Congress and the White House are just like every other American... they want what they can't afford and don't want to have to wait to get it.
The funny thing is I run my personal finances as if I were Swirtzerland.
My current income > current expenses and I save my entire yearly bonus. I don't carry balances in my credit cards, like half the Americans do. I don't have car loan or student loans. The only debt I have is a mortgage on an investment property were the asset has appreciated in value so much that its gotten to the point where I don't care about the liability anymore.
And precisely because I'm an Argentine who has seen how much harm excesive debt can do to a country I can say the things I say.
The US is borrowing money to finance its budget deficit. It does so in the international capital markets through US Treasury issuances (maturities rangiong from 1 month to 30 years)
Irrelevant.
Well, if Argentina has a history of borrowing and not paying back, who are the idiots that still lend us money? Doesn't this recurring event teach those stupid creditors a lesson?
I wish nobody would lend money to Argentina for the next 20 years.
3 words. George W. Bush
r u a bush supporter?
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