Your political views

[Wittlich]

Economic Left/Right: -5.38
Authoritarian/Libertarian: -3.28

I basically scored the same as Gandhi!

[Odin]

Originally posted by DinoDoc
Why are you ignoring my comments?

Because your a conservative.

Just joking

[alofatti]

From Fez: "Actually it was not, it had rampant corruption and reeks with marcomismanagement. "

I was not stating an opinion over there, I am just stating what were the words from the so called "establishmend", lead by the IMF.

"The Japanese economy has a deficit of about approximately several trillion however it has remained resillent even when confronted with crisis this decade... it still is managing to hold on. The Argentine economy is unproductive and relatively inadequate leading to an economic downturn. "

I don´t get it, do we have to have deficit or not? Make your point!

"How long did that last? Two weeks. "
Maybe three, I don´t remember exactly. The peg was banished near the beginninf of febraury, when the IMF demandes a "sustentable plan" and to FREE THE DOLLAR SO IT WILL STABILIZE IN THE MARKET VALUE.
The IMF does not deny it and they are even proud of it!!
Look, this is the last time I am going to explain this, for christ sake.

[Giancarlo]

Originally posted by alofatti
I was not stating an opinion over there, I am just stating what were the words from the so called "establishmend", lead by the IMF.

Oftentimes I don't agree with the IMF, like sometimes I don't agree with Alan Greenspan.

The Argentine Government has and always was corrupt since the return of civilian rule in 1983.

I don´t get it, do we have to have deficit or not? Make your point!

$140 Billion dollars you nimwit.

Maybe three, I don´t remember exactly. The peg was banished near the beginninf of febraury, when the IMF demandes a "sustentable plan" and to FREE THE DOLLAR SO IT WILL STABILIZE IN THE MARKET VALUE.
The IMF does not deny it and they are even proud of it!!
Look, this is the last time I am going to explain this, for christ sake.

And let it stablized... it looks like 3.5 or 3.6 now... that is about stablized. Now what you need to do is follow the Ecuadorian Economic Miracle. Adopt the US Dollar.

http://www.eia.doe.gov/emeu/cabs/ecuador.html

By adopting the US Dollar they turned the economy around in two years.

[alofatti]

"Oftentimes I don't agree with the IMF, like sometimes I don't agree with Alan Greenspan. "

Finally, I get this from you!! You are not THAT irrational after all. Couldn´t you just state it at once so we could get this through??

"The Argentine Government has and always was corrupt since the return of civilian rule in 1983"

I hope that you are not implying that the military junta was not corrupt...

"$140 Billion dollars you nimwit. "
No, that´s not deficit. That is external debt. We don´t have to pay each year 140 billion dollars.
And you didn´t answer my question.

And please, don´t insult me.


"And let it stablized... it looks like 3.5 or 3.6 now... that is about stablized. Now what you need to do is follow the Ecuadorian Economic Miracle. Adopt the US Dollar."

So, after all, you admit about what happened with the devaluation?
I don´t think implanting the dollarization in this country is a good idea. That kind of think is good in countries with an economy based primarily in the exportations for US dollars which is not the case here. The level of exports is very low as to justify that measure.
And, besides, that would leave the country without the ability to impose monetary policies.
Aside from what happened here, which could be argued for a long time, the devaluation is a monetary tool which can be useful so as to weaken the coin and make the country more competitive.


"By adopting the US Dollar they turned the economy around in two years."


I really have my doubts from that WWW site you mention there (it looks like a government site). Actually, it is now very doubtful that the ecuatorians did it right with the dollar... But those are just rumours I have heard and I don´t have a good enough base to argue here...

[Giancarlo]

Originally posted by alofatti
Finally, I get this from you!! You are not THAT irrational after all. Couldn´t you just state it at once so we could get this through??

You on the otherhand are always irrational because you support violating the laws of economics.

I hope that you are not implying that the military junta was not corrupt...

When it came to power yes...

No, that´s not deficit. That is external debt. We don´t have to pay each year 140 billion dollars.
And you didn´t answer my question.

External Debt is what I meant... and the deficit is mountainpile. Your government can't afford to pay anything anymore.

Asked and answered.

So, after all, you admit about what happened with the devaluation?

I never denied anything. Accept saying the Duhalde adminstration itself screwed up.

I don´t think implanting the dollarization in this country is a good idea.

Read the facts it is.

That kind of think is good in countries with an economy based primarily in the exportations for US dollars which is not the case here. The level of exports is very low as to justify that measure.

Therefore your economy must rot until it is completely dead.

You don't know that as it has never been done on a non US based economy.

And, besides, that would leave the country without the ability to impose monetary policies.

So?

Aside from what happened here, which could be argued for a long time, the devaluation is a monetary tool which can be useful so as to weaken the coin and make the country more competitive.

And? Apparently your country lacks specific monetary policy.

I really have my doubts from that WWW site you mention there (it looks like a government site). Actually, it is now very doubtful that the ecuatorians did it right with the dollar... But those are just rumours I have heard and I don´t have a good enough base to argue here...

The Ecuadorians did do it right and you shouldn't have doubts about the organization that WWW site is. They state the facts.

[alofatti]

"You on the otherhand are always irrational because you support violating the laws of economics. "

What laws of economics are you talking about? If you are talking about it in a general way (i.e., the law of offer and demand, of diminishing return, etc) then you are wrong, I have not cuestioned them. I did not violate any law, I am doubtful of some kind of practices and economic policies, which is a different concept.

"When it came to power yes... "
well, another thing we have in common.

"External Debt is what I meant... and the deficit is mountainpile. Your government can't afford to pay anything anymore. "

Again, this doesn´t answer. Are you against deficit in all circumstances? Your japanesse example seems to deny this.
And actually, now we are having superavit. It is time to start doing something about those 53 % who are under the line of poverty...

"I never denied anything. Accept saying the Duhalde adminstration itself screwed up."

That´s not truth, you denied it all the time.

"Read the facts it is."

You are oversimplyfing the working of an economic system. There are no general (and often "magical") recipes that work everywhere.

"Therefore your economy must rot until it is completely dead. "

This is not a rebate for the argument posted above!

"The Ecuadorians did do it right and you shouldn't have doubts about the organization that WWW site is. They state the facts."

May I be suspicious about it? I think I may have good reasons for it... The dollarization idea is something that is not popular anywhere, including the left and the right (except for Carlos Saul Menen). Even the IMF thinks that is a bad idea. I have already stated some of the reasons.

[Giancarlo]

Originally posted by alofatti
What laws of economics are you talking about? If you are talking about it in a general way (i.e., the law of offer and demand, of diminishing return, etc) then you are wrong, I have not cuestioned them. I did not violate any law, I am doubtful of some kind of practices and economic policies, which is a different concept.

Your views do violate those laws. And don't try to use big terms you know nothing about.

Again, this doesn´t answer. Are you against deficit in all circumstances? Your japanesse example seems to deny this.
And actually, now we are having superavit. It is time to start doing something about those 53 % who are under the line of poverty...

Ask and answered. Your country is completely ruined, there is nothing you can do besides letting it bottom out and that will be painful.

That´s not truth, you denied it all the time.

WHAT THE ****? I hate Duhalde. I think he is corrupt. That is the truth, he screwed up.

You are oversimplyfing the working of an economic system. There are no general (and often "magical") recipes that work everywhere.

The Ecuadorian and Chilean Economic miracles are simple but had to happen quickly.

May I be suspicious about it? I think I may have good reasons for it... The dollarization idea is something that is not popular anywhere, including the left and the right (except for Carlos Saul Menen). Even the IMF thinks that is a bad idea. I have already stated some of the reasons.

That is because Argentina is bankrupt, I just realize it does not have the oil revenues Ecuador has for such a change. Your country is broke and far from any recovery.

[alofatti]

"WHAT THE ****? I hate Duhalde. I think he is corrupt. That is the truth, he screwed up. "

No, no. I wasn´t referring to Duhalde, I was talking about how the devaluation was handled.

"Ask and answered. Your country is completely ruined, there is nothing you can do besides letting it bottom out and that will be painful. "

That is all you can argue about? I don´t know how many times have you used this as an answer for different questions.


"The Ecuadorian and Chilean Economic miracles are simple but had to happen quickly. "

You seem to believe in those famous "magical" recipes. I don´t.


"That is because Argentina is bankrupt, I just realize it does not have the oil revenues Ecuador has for such a change. Your country is broke and far from any recovery."

And do you know why, because the oil company was PRIVATIZED !!
And again, you resort to the same thing as an answer: "your country is broke", "your country is a piece of ****", etc.

[Giancarlo]

Originally posted by alofatti
No, no. I wasn´t referring to Duhalde, I was talking about how the devaluation was handled.

It was handled completely incorrectly.

That is all you can argue about? I don´t know how many times have you used this as an answer for different questions.

Because I don't know what I am responding to here... you make no sense... like your politicans...

You seem to believe in those famous "magical" recipes. I don´t.

Fine do so.

And do you know why, because the oil company was PRIVATIZED !!

Ecuador has one public oil company and many other private ones. It mostly gets revenues from oil taxes.

And again, you resort to the same thing as an answer: "your country is broke", "your country is a piece of ****", etc.

Your country basically does not know how to manage an economy.

[alofatti]

"Because I don't know what I am responding to here... you make no sense... like your politicans... "

Could you at least told me so? I don´t have a problem in explaining anything that was ambiguous, but using that kind of escapist answer for it is not a good idea, it is an easy way of evading to talk about anything.


This is not productive. We are going in circles around the same concepts all the time and I find this somewhat tiring and frustrating.

[Giancarlo]

Originally posted by alofatti
Could you at least told me so? I don´t have a problem in explaining anything that was ambiguous, but using that kind of escapist answer for it is not a good idea, it is an easy way of evading to talk about anything.

Maybe all of your statements... they are highly ambigious... you are making any sense in any of them. It is like you are denying that the existence of the current criss.

This is not productive. We are going in circles around the same concepts all the time and I find this somewhat tiring and frustrating.

I find this tiring and frustrating too...

[nationalist]

Originally posted by The Emperor Fabulous
there are more fascists here than I'm comfortable with

[red_jon]

Originally posted by nationalist

You're a communist, be quiet

[nationalist]

Nope, more like a socialist. This whole test is wrong. I don't think that it is possible to be both authoritarian and economically right wing. Economic right wingers don't believe in government intervention in the market. Authoritarian people do.