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Argentina inflation at 113% 09:50 - Aug 16 with 3214 viewsnodge_blue

I don't know how a society even functions like that. Wages cant be going up every month? Maybe they are.

And in a global economy, imported goods presumably aren't going up - or at least not at that rate. So why should they cost more month on month?

I know they have had a problem for a while but I thought it was coming under control.

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Argentina inflation at 113% on 09:57 - Aug 16 with 2498 viewsKeno

The Tories can only dream about destroying an economy like that

Its an awful situation which in a country as resource rich as Argentina really should be an issue

https://www.bbc.co.uk/news/world-latin-america-64960385

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Argentina inflation at 113% on 10:04 - Aug 16 with 2469 viewsblueasfook

Argentina inflation at 113% on 09:57 - Aug 16 by Keno

The Tories can only dream about destroying an economy like that

Its an awful situation which in a country as resource rich as Argentina really should be an issue

https://www.bbc.co.uk/news/world-latin-america-64960385


You really think the tories want 100% inflation? That's an odd take.

On Argentina though, they have a history of having a screwed economy dont they? They must have socialists running the show.

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Argentina inflation at 113% on 10:09 - Aug 16 with 2447 viewsthe_toff

They should put their interest rates up. They’re only about a billion %
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Argentina inflation at 113% on 10:22 - Aug 16 with 2407 viewsKeno

Argentina inflation at 113% on 10:04 - Aug 16 by blueasfook

You really think the tories want 100% inflation? That's an odd take.

On Argentina though, they have a history of having a screwed economy dont they? They must have socialists running the show.


No I was being facetious, although they are doing a pretty good job trashing our economy

My Argentine, or is it Argentinian, governments that have screwed up have been far right

There was a musical about one of them

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Argentina inflation at 113% on 10:35 - Aug 16 with 2362 viewsblueasfook

Argentina inflation at 113% on 10:22 - Aug 16 by Keno

No I was being facetious, although they are doing a pretty good job trashing our economy

My Argentine, or is it Argentinian, governments that have screwed up have been far right

There was a musical about one of them


I guess they could always invade the Falklands again to create a diversion.

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Argentina inflation at 113% on 10:48 - Aug 16 with 2328 viewsKeno

Argentina inflation at 113% on 10:35 - Aug 16 by blueasfook

I guess they could always invade the Falklands again to create a diversion.


I sure Europe will support them if they did that!!

True story - I was working for Lloyds Bank in Brighton when they did that last time. We had a slightly 'eccentric' old lady who banked with us who announced she was moving to Scotland.

Asking her why it seemed she had Argentina and France muddled up, thought they had invaded the Channel Islands and assumed Southern England was next

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Argentina inflation at 113% on 11:15 - Aug 16 with 2269 viewsmonkeymagic

The company I work for provides cash ‘bonuses’ each month so that living standards of staff remain much the same during hyper inflation. Annual salaries are not normally amended. Planning for the future is quite tricky.
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Argentina inflation at 113% on 11:29 - Aug 16 with 2236 viewsblueasfook

Argentina inflation at 113% on 10:48 - Aug 16 by Keno

I sure Europe will support them if they did that!!

True story - I was working for Lloyds Bank in Brighton when they did that last time. We had a slightly 'eccentric' old lady who banked with us who announced she was moving to Scotland.

Asking her why it seemed she had Argentina and France muddled up, thought they had invaded the Channel Islands and assumed Southern England was next


I was 13 at the time. I thought Falklands was off the coast of Scotland!
I couldnt understand why Argentina had travelled all that way to invade some islands off Scotland.

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Argentina inflation at 113% on 11:32 - Aug 16 with 2216 viewsKeno

Argentina inflation at 113% on 11:29 - Aug 16 by blueasfook

I was 13 at the time. I thought Falklands was off the coast of Scotland!
I couldnt understand why Argentina had travelled all that way to invade some islands off Scotland.


I wonder if they had invaded Scotland whether Thatcher would have been so keen to fight to get them back?

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Argentina inflation at 113% on 11:32 - Aug 16 with 2202 viewsblueasfook

Argentina inflation at 113% on 11:32 - Aug 16 by Keno

I wonder if they had invaded Scotland whether Thatcher would have been so keen to fight to get them back?


They'd have just sent Braveheart to sort it out surely

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Argentina inflation at 113% on 11:42 - Aug 16 with 2173 viewsKeno

Argentina inflation at 113% on 11:32 - Aug 16 by blueasfook

They'd have just sent Braveheart to sort it out surely


Yes can take r islands but ye canny take me iron bru

I only found out recently Braveheart isnt a comedy

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Argentina inflation at 113% on 11:43 - Aug 16 with 2167 viewsSuperKieranMcKenna

Basket case of a country, they owe the IMF $46bn. It may not seem much given we spent more than that on furlough, but their economy is about 1/6th the size of the UK.

There is an anarcho capitalist who is polling well, he plans intensive austerity if he gains power including privatisation of the Ministry of Education (let’s hope Sunak hasn’t seen that).

As always in times of economic strife in Argentina they’ll probably start making noises over the Falklands to distract from the corruption and utter incompetence.
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Argentina inflation at 113% on 12:22 - Aug 16 with 2094 viewsLord_Lucan

Argentina inflation at 113% on 10:48 - Aug 16 by Keno

I sure Europe will support them if they did that!!

True story - I was working for Lloyds Bank in Brighton when they did that last time. We had a slightly 'eccentric' old lady who banked with us who announced she was moving to Scotland.

Asking her why it seemed she had Argentina and France muddled up, thought they had invaded the Channel Islands and assumed Southern England was next


Well they did last time.

France even supplied the exocets that sunk HMS Sheffield and the Atlantic Conveyor.

Of course they could have given us the kill switch to render them obsolete but they decided not to - even though this was only 35 years since we helped to save their sorry arses.

I think my desire to rejoin The EU would be greatly enhanced if France no longer existed.

In fact, I think I will take my fishing holidays elsewhere.

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Argentina inflation at 113% on 15:08 - Aug 16 with 1880 viewsjayessess

Argentina inflation at 113% on 10:22 - Aug 16 by Keno

No I was being facetious, although they are doing a pretty good job trashing our economy

My Argentine, or is it Argentinian, governments that have screwed up have been far right

There was a musical about one of them


Peronism is weirder than the label "far right" allows really, probably one of the strangest political tendencies anywhere in the world. A political cult of personality adopted by people from pretty much every shade of politics for more than half a century from radical communists in the 1960s to moderate social democrats, conservatives, fascists, you name it.

(Much of the big IMF debt was run up by neo-liberal presidents in the 1990s - first a nominally Peronist one (Carlos Menem), then a nominally non-Peronist one (Fernando de la Rua) - never really been more than momentarily economically stable after the 2001 collapse really)
[Post edited 16 Aug 2023 15:21]

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Argentina inflation at 113% on 15:32 - Aug 16 with 1824 viewsgiant_stow

Argentina inflation at 113% on 12:22 - Aug 16 by Lord_Lucan

Well they did last time.

France even supplied the exocets that sunk HMS Sheffield and the Atlantic Conveyor.

Of course they could have given us the kill switch to render them obsolete but they decided not to - even though this was only 35 years since we helped to save their sorry arses.

I think my desire to rejoin The EU would be greatly enhanced if France no longer existed.

In fact, I think I will take my fishing holidays elsewhere.


If China get involved, the Argentines would walk a future conflict.win win for them both i would have thought, expecially as we'd no longer have Eu support / US support last time was thin

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Argentina inflation at 113% on 15:40 - Aug 16 with 1797 viewsGavTWTD

When it gets like that, don't the locals use a more stable currency like USD? Perhaps we should use the euro?

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Argentina inflation at 113% on 15:41 - Aug 16 with 1788 viewsKeno

Argentina inflation at 113% on 15:32 - Aug 16 by giant_stow

If China get involved, the Argentines would walk a future conflict.win win for them both i would have thought, expecially as we'd no longer have Eu support / US support last time was thin


perhaps we could do a deal?

We keep the Falklands and give them Norfolk?

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Argentina inflation at 113% on 15:42 - Aug 16 with 1783 viewsblueasfook

Argentina inflation at 113% on 15:32 - Aug 16 by giant_stow

If China get involved, the Argentines would walk a future conflict.win win for them both i would have thought, expecially as we'd no longer have Eu support / US support last time was thin


What EU support did we have last time? France supplied their planes and missiles. Argentina are skint. They have ancient military hardware. Even if they could afford to buy some military kit from the Chinese, none of it is combat proven. We have 2 new shiny new carriers with state-of-the-art fifth generation fighter jets, modern warships with the latest weapons systems, Astute class hunter/killer subs. Our modern navy is in a lot better shape than when we took them on in 1982.
[Post edited 16 Aug 2023 15:43]

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Argentina inflation at 113% on 15:42 - Aug 16 with 1774 viewsgiant_stow

Argentina inflation at 113% on 15:41 - Aug 16 by Keno

perhaps we could do a deal?

We keep the Falklands and give them Norfolk?


Bad idea - Kingy wouldn't like it.

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Argentina inflation at 113% on 15:48 - Aug 16 with 1751 viewsSuperKieranMcKenna

Argentina inflation at 113% on 15:40 - Aug 16 by GavTWTD

When it gets like that, don't the locals use a more stable currency like USD? Perhaps we should use the euro?


Believe there are fairly strict currency controls for that reason, but they can get USD on the black market.

The Euro is also weak against greenback, and since we buy our commodities in Dollars I’m not sure it’ll help us very much. Perhaps our owners can use their strong USD to get some cheap talent from Europe!
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Argentina inflation at 113% on 15:50 - Aug 16 with 1740 viewsnodge_blue

Argentina inflation at 113% on 15:41 - Aug 16 by Keno

perhaps we could do a deal?

We keep the Falklands and give them Norfolk?


Steady on…….

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Argentina inflation at 113% on 15:58 - Aug 16 with 1725 viewsMattinLondon

Argentina inflation at 113% on 15:42 - Aug 16 by blueasfook

What EU support did we have last time? France supplied their planes and missiles. Argentina are skint. They have ancient military hardware. Even if they could afford to buy some military kit from the Chinese, none of it is combat proven. We have 2 new shiny new carriers with state-of-the-art fifth generation fighter jets, modern warships with the latest weapons systems, Astute class hunter/killer subs. Our modern navy is in a lot better shape than when we took them on in 1982.
[Post edited 16 Aug 2023 15:43]


According to Sir John Nott, the British Secretary of State for Defence during the conflict, acknowledged in his memoirs that "in so many ways Mitterrand and the French were our greatest allies".
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Argentina inflation at 113% on 16:05 - Aug 16 with 1705 viewsKeno

Argentina inflation at 113% on 15:50 - Aug 16 by nodge_blue

Steady on…….


ok, give them Norwich, Diss and Lowestoft?

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Argentina inflation at 113% on 16:07 - Aug 16 with 1695 viewsMattinLondon

Argentina inflation at 113% on 16:05 - Aug 16 by Keno

ok, give them Norwich, Diss and Lowestoft?


Lowestoft and Diss is like south Essex - no one really wants to claim it as their own.
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Argentina inflation at 113% on 16:19 - Aug 16 with 1653 viewsHARRY10

Argentina inflation at 113% on 10:04 - Aug 16 by blueasfook

You really think the tories want 100% inflation? That's an odd take.

On Argentina though, they have a history of having a screwed economy dont they? They must have socialists running the show.


Whereas in reality all 'crashes' have been caused by rightie policies.

The Barber dash for growth in 1972. Lawsons suicidal Truss style wreckless budget. Global rightie policies leading up to the 2008 global crisis.

Righties get into power with their main intent to grab what they can, or privatisation as they call it, and to hell with the rest. They can sort it out later

The way to achieve this to remove restrictions on borrowing, as in 2008. In fact, Osborne was castigating (2005) Gordon Brown for his attempts to rein in this wreckless lending. Osborne used the Celtic economies, who were booming, as an example. Before they went spectacularly bust a little while later

Have a look at the Wall Street Crash. Caused again by wreckless lending, where money was borrowed against the value of inflated assets (as with Trump).

Poor 'blue whoes thick' is similar to the East end cocka kneees who defend the Krays. Two blokes who terrorised their neighbourhood, committed murder and all manner of horrors on locals.

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