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    Changing old $100 bills

    The Americans here might correct me, but as far as I know there are three type of 100 bills: 1) Old cabeza chica 2) Old cabeza grande 3) New cabeza grande (the ones with the blue stripe) 2) is never a problem to change (provided the bill is in good shape, i.e. not damaged), it has the same...
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    Is real estate price converted to pesos at purchase?

    Exactly. People always make the mistake comparing absolute house prices with the US or Europe and then think it is rather cheap here. You also need to consider the underlying economy here (with a minimum salary now lower than Haiti, --> just kidding ..... ) So thumb of the rule: for a newcomer...
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    Is real estate price converted to pesos at purchase?

    It is a market price. And by definition it depends a lot on how the future economic development will be here. Personally I am extremely pessimistic about the future here, but obviously i might be wrong about that. Eg on the brink seems to be more optimistic than i am: But even if you are...
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    Electrical blackouts coming

    To be honest i dont know much about the technical details. So much i can tell you though: we bought a Hyundai hhy3000f. Apparently it has 2.5k watt and they told us that for the basic things (freezer, laptop etc) it will be enough. And so it was indeed when we used it two months ago (when the...
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    What will the Dollar be worth End 2020.!

    I think he meant that we should all get down from the moral high horse .... at least we are in Argentina where the rules are meant to be bent (to say the least)
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    What will the Dollar be worth End 2020.!

    Thats good ... ;) never heard that, but you benefit not once, but twice from the blue....
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    Electrical blackouts coming

    I bought a generator earlier this year. If you have a house, that's certainly a good thing. You don't need a huge one, but one for the kitchen / freezer and for your IT stuff if you are working from home. It already saved me a full work day and a couple of kilo meat in the freezer one month ago
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    Non-Stop Exodus of Multinationals Leaving Argentina...!

    While Moyano wants to free the slaves here, ML is spending more and more in Brazil: Su declaraciones hicieron que Moyano sacara a flote la pelea que mantiene el empresario Marcos Galperín, CEO de Mercado Libre, quien decidió radicarse en Uruguay tras la vuelta del peronismo a la Casa Rosada...
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    What will the Dollar be worth End 2020.!

    I remember a few months back - when there was already a significant gap between the official and the blue - some posters here were still using their US credit cards ... Just out of curiosity: still anyone out there paying their bills at the official rate? (now with 120-130% difference)
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    Sending money through Uruguay

    Thanks! Probably the reason why it was not possible was that it went through Transferwise and the names were not identical. And also the government must be interested in incoming USD. However, I would still only do that if the money is only for a very short time actually in the bank account...
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    Sending money through Uruguay

    I would be surprised if that would work. We tried to do that already back in 2018 and it was not possible even then (at least via Transferwise). But I might be wrong... However, even if it were possible, under no circumstances I would do this given the current FX situation here. You simply do...
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    Is real estate price converted to pesos at purchase?

    Sorry, Ceviche. I think your numbers are still incorrect. ;-) It should be 100'000 usd 7,500,000 pesos and 17,000,000 pesos ... But it is a very valid point because, buying now with the Cepo gap that big, it means that this is potentially beneficial for the buyer as property taxes (and also for...
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    Is real estate price converted to pesos at purchase?

    USD is certainly be the normal case. However, it can also be in pesos (the buyer might have pesos, and the seller needs to settle a debt in pesos). In my case, it was even paid in Euro as the seller wanted to have it in Euro on an account in Italy.
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    Is real estate price converted to pesos at purchase?

    I think you meant 1,700,000 pesos. Not that i blame you with all the zeros....
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    Non-Stop Exodus of Multinationals Leaving Argentina...!

    Now Danone announced “revisión estratégica”. It doesnt mean they will leave necessarily. However, three years operating in the reds this doesnt look too good. https://www.infobae.com/economia/2020/10/19/danone-la-duena-de-la-serenisima-y-villavicencio-puso-en-revision-sus-negocios-en-la-argentina/
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    Cracks Surface in Argentina’s Ruling Coalition as Crisis Deepens

    On this one I disagree. I believe it will be much worse than in 2001/2. Only time will tell, let's wait until next year. Obviously I hope you are right.
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    Cracks Surface in Argentina’s Ruling Coalition as Crisis Deepens

    No one is denying that. 2018 the crisis already started, and it got a lot worse after the PASO in August 2019. Then Covid hit Argentina, which was going to have a negative effect on the economy no matter what. However, you couldn't have possibly handled the crisis any worse then Alberto did...
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    Is real estate price converted to pesos at purchase?

    1) the real estate market is referenced against the USD since the mid 70's 2) rent is normally in pesos 3) as it is, most real estate objects have a return on the usd value of around 1-2%. Which obviously is far too low. As Bajo_cero2 said, the prices will most likely fall a lot 4) You won't...
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    Cracks Surface in Argentina’s Ruling Coalition as Crisis Deepens

    For me a realistic scenario is that Alberto will have to step down before the end of next year. And the story line will be that he was not a real peronist, and then one of the pure "K's" will take over to save the republic.
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    Poorer than Haiti?

    I know found the data source: https://data.worldbank.org/indicator/NY.GNP.PCAP.KD?locations=AR GNI per capita 2019: PPP 22060 (Current) USD 11200 (Constant) 2010 USD 9351
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