Friday, April 26, 2013

Argentina Economic Minister: "I Want to Leave"

This guy looks like a deer caught in the headlights, doesn't he?  What got him so flustered?  It was plain and simple questions from a Greek reporter asking 1) what is the rate of inflation in Argentina? and 2) the IMF has threatened sanctions against Argentina because of fraudulent economic statistics, what are you going to do about that?

From The Telegraph:
"I have a very simple question for you, which seems very complicated these days: How much is Argentine inflation at this moment?" the female interviewer asked.
"Official statistics show month after month the inflation and this is the only inflation possible," the minister responded in Spanish.
"But, how much is it?" she insisted.
The journalist then noted that the IMF has warned that it will impose sanctions against Argentina for putting out false statistics. "What will you do about that?"
"I don't know, I don't know. Can we turn off the camera a moment? I want to leave," Mr Lorenzino said.
Off camera, Mr Lorenzino can also be heard to say: “Talking about inflation statistics in Argentina is complex.”

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