Wow. We Are Living In The Worlds Powerhouse Of Growth!

[ghost]

It's no wonder that companies are flocking here to invest. The growth is fantastic.
http://www.nasdaq.com/article/argentina-puts-second-quarter-gdp-growth-at-83-on-year-20130920-00572

 

[John.St]

It's no wonder that prospects for farming here are so great - Argentine pigs of the INDEC breed can fly.

 

[ARbound]

Are we at the point we can use INDEC as a pejorative yet, or will that result in prosecution by Moreno still?

 

[Bajo_cero2]

Well, the more undeveloped is a country, the easier is to grow.
So, yes, the statics about growth are probably accurate, there are too many things to do and too much people poor.
Statics about growth are normally missunderstood. China is another example of a continious high growth rate, sure, they have a billion people and most of them were poor. They were taking out of powerty 20 million people a year, chinese workers of supermarkets usually make jokes about that: if they stay in China, they were going to stop being poor when they were 99 years old...

 

[mc kenna]

Oh sure the growth is fantastic,we are one failed harvest away from that growth to come to a halt
Funny how they never mention development apart from vaca muerta which a sh...t sandwich without the bread

 

[ghost]

Well, the more undeveloped is a country, the easier is to grow.
So, yes, the statics about growth are probably accurate, there are too many things to do and too much people poor.
Statics about growth are normally missunderstood. China is another example of a continious high growth rate, sure, they have a billion people and most of them were poor. They were taking out of powerty 20 million people a year, chinese workers of supermarkets usually make jokes about that: if they stay in China, they were going to stop being poor when they were 99 years old...

Bajo, sorry your economic theory doesn't work.
Zimbabwe GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Zimbabwe expanded 4.40 percent in 2012 from the previous year. GDP Annual Growth Rate in Zimbabwe is reported by the Reserve Bank of Zimbabwe. Zimbabwe GDP Annual Growth Rate averaged 2.53 percent from 1961 until 2012,

 

[dennisr]

All this reported growth is going to cost the government about 2 billion $us in GDP warrant payments. Think anything over 3.5% triggers a payment. If the numbers are bogus, GDP growth, dumb, dumb and dumber. Many economists think the numbers are suspect.

 

[ghost]

This is a badly thought out, one time fools move to help sell the debt swap bonds re the NY court and attempt to change the legal entity from US to local AR. It will not work.

 

[Gringoboy]

INDEC=CEDIN

 

[Gringoboy]

So Kris was right about Australia.
How silly of us.
http://www.tradingeconomics.com/country-list/gdp-growth-rate