Recent content by Inferno.

No one thought there was going to be a corralito.. or a pesification of USD into ARS.. or a exchange currency control. Those measures never had a warning. I agree with you, it doesn't seems the country is going to try to go down that path, but giving the history in the last decade, I wouldn't...

I doubt is the second option because they don't really care. There aren't any real consequences for lying as you can see. Argentina has been dealing with years of high inflation and devaluation.. but when have they said anything honest about that? They just invent something up and will continue...

The Central Bank launched 10 days ago a communicate (A5536) to all banks indicating they were reducing from 60% to 30% the maximum amount of USD they could have in their portfolio. This means that they had to sell around USD $3.500 millions in the open market, causing a decrease on the official...

The problem is not being ignorant, it's believing one is right on subjects one clearly doesn't fully understand -while fighting others if I may add-. First, that number is explained in a two sentence paragraph that you didn't read or didn't understand. If you know anything about economy, you...

That's very true, but who can really say what's the real value of the peso? Are they close to achieve it? Will they stop devaluating once they are there? Currently all type of foreign transactions are rated at no less than 9 (w/35% tax) and it doesn't seem the government has reach the value they...

I just made this to try to see where we were a year ago, and were we could be a year from now.

I believe you are really misinterpreting the situation and are using propaganda words that do not apply to the current scenario. The average argentinian isn't a "speculator" which is a term often used for big players who CAN tip the scale from one side to the other using more complex options...

Bienes personales is a tax that applies to: A. Physical persons that reside in Argentina and have assets in it and/or other countries. B. Physical persons that reside in another country and have assets in Argentina. You can check this yourself (Decreto 281/97, Article 17, Link). In other...

A mortgage is basically a hipoteca. It exists in Argentina. As it was said before, Argentina doesn't have a complex credit system like the US as. Almost everything will be done on an individual case using your monthly income, your work history (how many years you have been on your current job)...

Unfortunately.. bringing a vehicle that's over 15,000 USD is considered as an import even if you resided in another country for several years and are coming back as an Argentinean citizen without intention of selling it for profits. Even if you were born in this country you can't bring your car...

Had the same problem. I was able to make purchases from paypal up to 500 USD for a long time. If I tried something above that number, it was rejected (even after calling Visa and getting the authorization). I couldn't pay for 600 usd.. but I could make four or six 500 usd payments one after the...

Actually, the rumors are against the official rate which is actually worse (better for you as you have dollars). There has been an increasing amount of predictions regarding a high devaluation after elections and more restrictions to use the credit cards in foreign exchange transactions (abroad...

I was really bored so I tried to merge everything in a single map: Please take it as a joke :)

I tried xoom last week to send me 2,000 uss to my bank account in argentina.. I'm still waiting on the deposit. Everything is already paid (and my account was verified with passport/visa because I was planning to send more in the future), they already took my payment but I'm waiting for the...

This is an intricate plan of Magneto to try a coup d'état against Cristina's government by placing a chip inside her head and controlling her actions from now on. I think that as a precautionary measure we should expropriate now clarin, la nacion and fibertel before they poison the heart, mind...