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Wait, what, borrowing from parties other than the hegemonic IMF isn’t free? Then how much is the government (or the next) going to pay to borrow enough to cover all those state owned entities first quarter losses today? - IEASA US$1,9bn - Trenes Argentinas US$621m - Aerolineas Argentinas...

They’d probably just create a new currency by that point to start afresh … Australes 2.1, Pesos-Fuertes, Pesos-Soberanos, Pesos-Patria… they can get creative. Or the market will simply and informally dollarize day to day transactions and prices as it did in Venezuela, leaving the local currency...

IMF isn’t Argentinas only foreign creditor.

Here's a stab at it. ANSES holds the state pension fund. ANSES needs to borrow money to pay the pensions today and tomorrow for which it collected contributions yesterday. To borrow money it issues bonds that to date have been both in USD and ARS. The government is now ordering ANSES (and other...

The EUR is already going for $430+ CCL/ Dolar Cable/ WU. The Dolar Turista is already at $424 (and as always, the highest rate always set the bar for the others to catch up to quickly thereafter). By JUN we could easily be at $500 as a "minor" shift nowadays, as any with any hyper, isn't $1 or...

You do it directly with the developers, no banks involved. If you see a new project advertised that looks interesting contact the developer and ask them about what financing they are offering, and of course the current state of the project and timeline (For example, you may feel more comfortable...

Some insights from buying “off the plan” for new apartments in the city/ ZN which may be an option if you’re not in a rush to move into your new place and want a property with a better chance of value appreciation. Usually you will need to put down a deposit in USD billete of 20-30%. As for the...

Talk a private banker from one of the investment banks here (BACS, Heritage, Puente, Mariva, Meridien etc) If you’re just looking to buy USD using ARS using MEP then you can consider Cocos or Reba or any number of eBanks/ Brokers.

Yes, it is incredibly easy with many banks and online platforms offering it from their apps and the MEP is the cheapest dollar available to buy right now. For PR / citizens you also have a legal option to bring in money via private banks here using "Dollar Cable" (Think Western Union but with a...

And say they regulate the short term market without addressing the current regulations for the long term market, then what? 1. Even more properties sitting empty across Argentina because owners would simply rather not run the risk of accepting a long term or short term tenant precisely because...

https://www.infobae.com/economia/2023/03/11/que-hacer-con-el-segundo-departamento-alquilarlo-venderlo-o-esperar-a-que-se-recupere-el-mercado/ A timely article today. The current issue in Argentina has less to do with often strange perceptions of what is or is not “socialism” (and its alleged...

This is a government that says inflation is phycological. How can you expect that they can publicly accept that a single annual rental adjustment in an operating environment of 100%+ inflation is going to enough cooperation from property owners to open up additional supply within the formal...

One of the most disturbing points about this is that most hits and extortions taking place in Rosario in the past years are being ordered from convicted criminals inside prisons. Instead actually of dealing with that issue, the government continues to be the voice of prisoners “rights” (a fixed...

Jaja! One small point, Santa Fe today is Peronist , Perotti, and the situation has gone much further down hill since the Socialist Party left office in 2019.

And according to the full-time king of amphetamine and part-time minister of insecurity, “the narcos have won for the last 20 years” …but don’t worry “it’s not sooo bad, it’s not my problem, calm yourselves, don’t ask stupid questions, shut up and report what I tell you”. What does anyone...

You can get Kansas brand sauces and salad dressings including their American style ketchup at most supermarkets (Dia, Jumbo, Coto etc.) and even by Rappi’s own fast delivery service. About $500-$700ish.

Oppressed? Reputation is a spectacularly corrupt governor and a very highly paid Gnocchi since then who has been strategically placed “out of sight, out of mind”… probably an attempt “clean” his image with collective amnesia...

My vote is for constitutional reform and parliamentary democracy, but daydreams aside… Masa - Same sh!t, different rhetoric and blue branding. Laretta - BFF of Masa - Same sh!t, different rhetoric and yellow branding. Both have the same business friends (which let’s face it, means everything...

Once the child is born (in about one month from entry in most of these cases where they are entering in the eighth month…) the mother and father automatically become eligible for PR and citizenship should they request it, without needing to wait 2 years - meaning it is a “cheap” “quick” and...

Have you ever considered the migration statistics over the last 70 odd years? If it’s deliberate, then with a net migration rate of 0.087% per 1000 in 2022 from above 4% in the in 1950s, it’s a failure. (And that’s with a regional and global migration crisis in recent years.) It’s not about...