China Loan Argentina 7.5 Billion

[ajoknoblauch]

No Way Jose!! HK residents would love to be again part of the Commonwealth and receive British Passports, humiliation is having Internet blocked and no free press, or a Single Party politics

Whereas in Argentina you have a vibrant multi-party corruptocracy...

 

[scotttswan]

Agree , but my point with Dominica is , they have nothing !! There is no return. What could they possibly recover from that tiny Island ?

votes in the UN over something?

 

[ajoknoblauch]

votes in the UN over something?

Votes in the UN are rarely more than symbolic.

 

[Rich One]

Though, as China goes, Hongkongers enjoy relative autonomy.

Relative yes, compared to the total submission in the Mainland

 

[Rich One]

Here are the views form other economists about the Agreements with China, from Infobae

http://www.infobae.c...-firmados-china

Google translation


I would divide this between trade, infrastructure and financial agreements. The financial arrangement is an absolute fantasy, like the one signed (Martin) Redrado in 2010, where it is wrongly assumed that there is a contribution to strengthen central bank reserves, with yuans.. All that matters are dollars, "said Carlos Melconian, the PRO.

Former Central Bank president Aldo Pignanelli,, also played down the Chinese currency swap. "The Yuan is a currency that has no international integration. They can not even be counted as reserves," he analyzed.

" Dollars will not be going to enter into Argentina, but products that we will have to pay," insisted Pignanelli. Just recognized that yuan swaps could only serve to "import more things from China, nothing more."

Something similar evaluated the former head of the Central Bank,, Martin Redrado, who felt that a swap with China is good for trade, but neutral for reserves.

Melconian also downplayed the investments he announced. "If the bids for dams have been correct , the Chinese, what they have to contribute, more than generosity, are machines, to sell".

 

[Matiasba]

Here are the views form other economists about the Agreements with China, from Infobae

http://www.infobae.c...-firmados-china

Google translation


I would divide this between trade, infrastructure and financial agreements. The financial arrangement is an absolute fantasy, like the one signed (Martin) Redrado in 2010, where it is wrongly assumed that there is a contribution to strengthen central bank reserves, with yuans.. All that matters are dollars, "said Carlos Melconian, the PRO.

Former Central Bank president Aldo Pignanelli,, also played down the Chinese currency swap. "The Yuan is a currency that has no international integration. They can not even be counted as reserves," he analyzed.

" Dollars will not be going to enter into Argentina, but products that we will have to pay," insisted Pignanelli. Just recognized that yuan swaps could only serve to "import more things from China, nothing more."

Something similar evaluated the former head of the Central Bank,, Martin Redrado, who felt that a swap with China is good for trade, but neutral for reserves.

Melconian also downplayed the investments he announced. "If the bids for dams have been correct , the Chinese, what they have to contribute, more than generosity, are machines, to sell".

Hey Rich I strongly recommend you to do a quick search on the web of where were these economists back in September/October of 2001 and what were their speeches like, what did they say, with what emphasis, what role they did play in the 2001 crash. Seriously, the files are there, the information is there, you should go and check it out. Con la mejor de las ondas te lo digo eh!

 

[Rich One]

Hey Rich I strongly recommend you to do a quick search on the web of where were these economists back in September/October of 2001 and what were their speeches like, what did they say, with what emphasis, what role they did play in the 2001 crash. Seriously, the files are there, the information is there, you should go and check it out. Con la mejor de las ondas te lo digo eh!

Mati thanks for the advise...! I know where Redrado, Melconian or Pignarelli were in 2001. Gracias por la buena onda.!

I quoted verbatim a portion of the article from Infobae, therefore you should address your comments to the publication, or the opinions quoted.

 

[Don Alberto]

Agree , but my point with Dominica is , they have nothing !! There is no return. What could they possibly recover from that tiny Island ?

A naval base? or just the threat of a naval base?

 

[Don Alberto]

Though, as China goes, Hongkongers enjoy relative autonomy.

They just love it - or sumthin'

Hong Kong democracy 'referendum' draws nearly 800,000
http://www.bbc.com/n...-china-28076566

Hong Kong’s Democracy Supporters Chafe at Inequality and Beijing’s Sway
http://www.nytimes.c...-sway.html?_r=0

Petition: Let Hong Kong become a democratic city!
http://www.change.or...democratic-city

But not everybody agrees:
e-petition: "Please Ignore the E-Petition "Democracy in Hong Kong". This "ignore" petition received 1 (one) vote.
http://epetitions.di...petitions/47696

 

[Don Alberto]

votes in the UN over something?

Value: app 5 centavos.

UN General Assembly decisions are mere invitations, only Security Council decisions are binding (but can be ignored unless one or more states enforce them).