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Apologies! Thank you for the correction.

Ran across this yesterday: https://www.forbes.com/sites/morgansimon/2020/01/06/how-much-does-a-dollar-really-cost/amp/ Not so much about the tourist tax, but rather how difficult it can be for visitors here who really want to spend money to do so.

Any idea how much of a real impact/difference the $70 - $100 per month will make for families receiving the cards?

It is a shame to watch Argentina (a great country with a lot of good people) lose so much business to Brazil and Uruguay for no good reason https://en.mercopress.com/2020/01/07/pompeo-and-uruguay-president-elect-lacalle-pou-look-forward-to-a-closer-partnership Also ran across this last night...

Try contacting Silvia who posts on this site to see if she can help. I am currently taking lessons from her and she is an excellent instructor.

Why do you say the "fault of the IMF and the U.S."? I am not arguing, but my thinking is it takes two (or more) sides to make a deal. So, what do you see to direct fault to one of the parties?

In the back of my mind I was thinking about the exact scenario you describe. Thank you also for the Argentine history; I knew about the U.S. in Central America but wasn't aware that Argentina intervened.

I've been watching this situation develop since October and am surprised that Fernandez isn't more pragmatic in dealing with the different players involved. This isn't a comment about whether or not Morales should be in Argentina. However, I could see the problem Fernandez was creating for...

Very interesting, I had not heard "the rich" part before. I guess that is similar to when Piñera's wife said, shortly after the protests began, that they have to 'begin sharing their privileges' with the rest of the Chileans. That statement illustrates the mindset the controlling families have!

I think that's exactly what Piñera was trying to say early on, when he said Chile was under attack. Unfortunately his public speaking skills leave a lot to be desired, so it was interpreted as the Chilean people being the enemy. Over the weekend I noticed he said the worst of the rioting is...

I agree with Rich. Costanera Mall is not dangerous, but there is still the annoyance of impromptu "student" flash mobs. I am not a big shopper, but probably Alto Los Condes is a better option for a mall, and Los Condes to stay as well.

Super long but very well written article (including a lot of interesting graphics) about the country's economic situation over the last few years: https://es.panampost.com/editor/2019/12/23/argentina-auge-y-caida-de-la-economia-macri/

I am currently in Santiago as well, arrived October 1 and returning to BA next week. So, I have been here before, during, and unfortunately not after the protests/destruction because they still continue, although the media for the most part is not reporting them any more. I've actually...

Excellent analysis, thank you.

Thank you, I wasn't aware that so much money was being held abroad. What is your opinion on the increased retention % for the agriculture industry? Fernandez makes the argument that there isn't really an increase because the peso/USD exchange rate his risen dramatically (not sure I understand...

Regardless of what one thinks about Morales being in Argentina, things like this happening don't really help the cause: https://www.lanacion.com.ar/seguridad/detuvieron-oran-al-consul-bolivia-ocho-kilos-nid2316523 Comments at the bottom of the article are interesting to read, too.

I always enjoy reading your analyses Donald. What actions do you see the government taking to bring USD into Argentina, other than the promise of developing Vaca Muerta to attract outside investors?

Thanks Ben, that makes perfect sense.

That's what I was wondering about also. There's a penalty for selling Arg pesos to buy USD, but as Looking To Thrive said the rate to sell a USD and buy pesos is more or less normal.

https://www.iprofesional.com/finanzas/305843-blue-argentina-pesos-Peso-argentino-devaluado-la-insolita-cifra-para-comprar-un-dolar-en-Uruguay I ran across this article about the Arg peso to USD exchange rate in currency exchanges in other countries. Currently the rate is 124 Arg pesos for $1...