tag:blogger.com,1999:blog-6616959642391988608.post6758452921830941029..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Going to ArgentinaScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-31552243578987348842009-03-19T17:26:00.000-07:002009-03-19T17:26:00.000-07:00Mark: I've been tempted many times to buy CRESY, b...Mark: I've been tempted many times to buy CRESY, but for the past several years (actually, since 2001) I have not wanted any exposure to Argentina because I have lost confidence in the government. They do not respect capital or investors. With the price falling and falling, perhaps at some point it will become irresistible. I'd want to see a change in the political climate first. <BR/><BR/>And I Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27137411537208855492009-03-19T17:24:00.000-07:002009-03-19T17:24:00.000-07:00Vivaldi: thanks for that link! It brings back memo...Vivaldi: thanks for that link! It brings back memories. We used to watch Tato Bores all the time when we lived in Buenos Aires. He was one of the best.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4096193541882216772009-03-17T06:24:00.000-07:002009-03-17T06:24:00.000-07:00Scott, It's great to know that your going to Argen...Scott, It's great to know that your going to Argentina! One of these days i'll write about the argentinean economy in my new blog. It is certainly a very interesting topic to talk about.<BR/><BR/>For the moment I suggest to take a look at this one minute video:<BR/>http://www.youtube.com/watch?v=UvyeysQoYFk (original)<BR/>http://www.youtube.com/watch?v=b3kab5BwQd0 (english subtitles)<BR/>note: Mati Vivaldihttps://www.blogger.com/profile/14046954109288170109noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33140738344185792752009-03-16T18:58:00.000-07:002009-03-16T18:58:00.000-07:00Looking forward to your posts about Argentina. I o...Looking forward to your posts about Argentina. I own shares in an Argentinian Agricultural company (Cresud Inc. CRESY) and would be interested in anything you know/discover regarding it's long term prospects. They own hundreds of thousands of hectares of farm land in Argentina, but the gov't hasn't been too favorable toward Argentinian farmers lately.<BR/>Enjoy your trip.<BR/>thanksMark Alexanderhttps://www.blogger.com/profile/01146281621227220615noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43132330613011128952009-03-16T08:17:00.000-07:002009-03-16T08:17:00.000-07:00Very interesting, I will send this to all of my cl...Very interesting, I will send this to all of my clients and friends so they understand what real trouble sounds like.. Argentina? Go climb a couple mountains they are unbelievable down there..<BR/><BR/>http://utahcribs.wordpress.com/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51456759613586832922009-03-15T18:37:00.000-07:002009-03-15T18:37:00.000-07:00Donald: To begin with, the "crisis" in Argentina h...Donald: To begin with, the "crisis" in Argentina has been going on since Perón was President. It was in full swing when we arrived there in 1976. There was a brief pause in the crisis, and substantial progress was made, during the period in the 1990s when the Menem administration managed to fix the peso at 1 to 1 to the dollar. Crisis set in again following the massive peso devaluation of 2001.<Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9733298742452909112009-03-15T17:51:00.000-07:002009-03-15T17:51:00.000-07:00Thats an interesting story. If you know, I would b...Thats an interesting story. If you know, I would be interested in what asset held its value/purchasing power during this crisis in Argentina ?Anonymoushttps://www.blogger.com/profile/03427237629567799447noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-75078666149794032142009-03-15T17:47:00.000-07:002009-03-15T17:47:00.000-07:00ronrasch: It is indeed hard to say whether or not ...ronrasch: It is indeed hard to say whether or not we have deflation or inflation. I saw many higher prices in Park City this year relative to last year. But home prices are clearly down. I heard that buyers of $5-6 million homes under construction were walking away from 20% deposits they had made, which means the prices of those homes must have fallen at least 20%, but no transactions have Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55369073740886859092009-03-15T15:09:00.000-07:002009-03-15T15:09:00.000-07:00The charts that you have presented show that the U...The charts that you have presented show that the US is building massive deficits. I don't think that we will become like Argentina but inflation is coming. My daughter sees it in her receiving job at a high end clothing store. Clothing prices are up from last year. I see it at Walmart in the prices of desktop computers, mp3 players, and shortages of motor oil in the wal-mart brand line. Only ronraschhttps://www.blogger.com/profile/14708698068353771219noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54125547514865122112009-03-15T11:00:00.000-07:002009-03-15T11:00:00.000-07:00Thanks for this discussion. My wife, son and I vi...Thanks for this discussion. My wife, son and I visited Malawi last year for three weeks. Malawi was the poorest country in Africa until Mugabe really got going. It used to be that Zimbabwe provided food relief to Malawi -- now its the other way around.<BR/><BR/>Anyway, the joke in Malawi is: Mugabe loves his country so much he made all the citizens billionaires.<BR/><BR/>Another story: while WilliamSSmithhttps://www.blogger.com/profile/13300069036149265406noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43162265089589908072009-03-15T05:07:00.000-07:002009-03-15T05:07:00.000-07:00Enjoy your visit, Scott. I look forward to your po...Enjoy your visit, Scott. I look forward to your posts from Argentina.Tom Burgerhttps://www.blogger.com/profile/01484696976692382802noreply@blogger.com