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Agree with others. Rincon is Balvanera/Congreso, in general not a nice place to be around during the evening.

Why on earth I should care about absolute current account balances? Per capita terms is an improvement but what matter is to measure it with respect to the size of the economy. Everyone with knowledge of econ 101 knows that we measure Current Account Balance over GDP !! Some of the genetic...

I did not read the ranking methodology but at face value I am sure Argentina's internet and connectivity cannot be 107th in the world. I have been to too many African countries where you can go days without access to internet no matter the price you are willing to pay. Also, Buenos Aires (no...

In my case, I earn and use euros (around 11 pesos per euro). My lunch today was 50 pesos (4.50 euros), my monthly phone bill 100 pesos (9 euros), movie ticket 50 pesos (4.50 euros), my bus less than 20 cents of euro. But if your consumption basket is heavy on imported or "expat" goods then it...

If you devalue you create inflation. If the inflation rate is not that high, then yes you could increase competitiveness. But If the inflation rate is higher than the devaluation, then your real exchange rate appreciate (your exports are more expensive) so you need to devalue again, and when...

How big the government a player is depends basically on many factors (it was also the largest player in Dec 2001....). The government has $42B in reserves but it has a huge potential liability called the monetary base (those little papers with Roca on it). It is not obliged by law to change...

While the effective (observed) demand maybe small at the black market price of today it does not mean that the notional (latent) demand at an artificially low price is not huge. Imagine that the government decide to intervine and says "dolar para todos a 6 pesos". How much do you think the...

There are many electronic stores in calle Uruguay between Sarmiento and Bartolome Mitre.

I think it is possible but not likely because if that was the case you would have seen the same things in other Latin American countries the last few days. If something, the problem they have is that their currencies have been appreciating and not depreciating. But you never know with this...

Besides the obvious "tax" on foreign transactions, one possibility for the spike is that when the harvest is sold, there will not be as many dollars coming as in previous years. While the prices for most commodities are still high, last week we got the first robust reports on the coming harvest...

Do not count too much on soja for this year. While the international price is holding quite well, the first estimates show that the soja (and maize) harvest will be significantly lower this year in Argentina...

I give up, you are right... GMO does not increase yields and the statistics of the US Department of Agriculture are done by Monsanto with a little help of the Argentine INDEC. Even more, everything you find in internet using Google is true.

The strength of a currency is not measured by its nominal exchange rate. Otherwise, would you say that the almaighty Argentine peso is stronger than the Japanese Yen, because the Yen is 95 to the dollar??? I would never call an economy so dependant on others as a strong economy. Cyprus works as...

Do you realize that your source is not reliable? You need to look to the US Department of Agriculture and not to anecdotal evidence. As of September 2012, 89% of conventional soy in the US was GM, against 99% in Argentina. Ten years ago, it was 60% in the US and 88% in Argentina. Twenty years...

It increased both the yield per hectare and extend the number of hectares that can be planted. For more information on Argentine "second green revolution" please look at INTA (Instituto Nacional de Tecnologia Agropecuara). Sorry I am running now but basically GMO allowed both to increase the...

Good that we are not fighting ;-) I cannot really comment on the lab experiments and long term health effects of GM food as my knowledge only comes from reading magazines and general literature. My comment was in the area I know well, that is, agricultural productivity and I am 100% sure of my...

Poor Kelpers... what a bad timing. Nobody remembers the referendum now.

I am actually not in the industry per se as I am an academician... so I do research on the issue of agriculture productivity. On your questions, I will only tell you what I know for sure: 1) This is true and the figures may be even higher. Here there is a phenomenon called "desmonte". Basically...

Your post is very long and very emotional so I really would not like to start a fight with a comment that may by misinterpreted. Your post is based in many unreliable sources and anecdotal evidence. Still you may be (or not) right in everything but for sure you are wrong in something and I need...

On the issue of GMO and food security, the truth is probably in the middle. Monsanto are not saints. If you think about it, all started with an evil act. It was during the Vietnam war that they found that some plants were not destroyed by the US napalm bombing because of a particular gen. So...