Search results

  1. J

    Do you fear a crash similar to 2001?

    p.s. https://qz.com/emails/quartz-obsession/1372670/
  2. J

    Do you fear a crash similar to 2001?

    I stand corrected. I have no knowledge of art 99 nor what it forbids, however, according to the text of one of the google searches you suggested ( https://www.apertura.com/negocios/Molinos-consigue-perdon-oficial-a-reclamo-de-us-70-millones-20180827-0007.html ) if I am reading it correctly...
  3. J

    Do you fear a crash similar to 2001?

    I used google translate for your linked newspaper piece. I didn't read it to state exactly what you have said. The drift of it from what I could comprehend is that in 2007 the prior administration applied a newly enacted tax provision retroactively to the Molinos company. The company filed a...
  4. J

    Do you fear a crash similar to 2001?

    I've breezed through this thread and can share some observations based upon my experiences here. What I know about economics would echo in a thimble, but I suspect the same is true of many who post here so I'm not terribly disadvantaged I first arrived in Bs As in in May/1975 and stayed until...
  5. J

    BsAs Cost of Living

    puede ser
  6. J

    BsAs Cost of Living

    If you examine the chart showing the conversion rate, it shows that the USD exchange rate was less than 10 pesos for almost all of 2015. At the end of 2015 (last 3 months) it jumped significantly, but it didn't hit 15 until 2016. See https://www.xe.com/currencycharts/?from=USD&to=ARS&view=5Y...
  7. J

    BsAs Cost of Living

    Of course, if you have your income as expressed - in USD - then your purchasing power is not 1/2 of what it was in 2015 when the exchange rate was 10 pesos for a USD. See https://www.xe.com/currencycharts/?from=USD&to=ARS&view=5Y . Inflation of 25-30% / yr would mean your purchasing power is...
  8. J

    BsAs Cost of Living

    If your apt costs are deminimus, $2000/mo will afford you a comfortable life style. That exceeds the income of most public employees, teachers, laborers who have to pay rent and feed/clothe a kid or two. According to the link in post #13, it would be equivalent to $5000/mo in Miami - and that...
  9. J

    Buenos Aires Herald

    I sent you an email. Check out the Bs As Times insert of the Saturday Perfil.
  10. J

    Living cost

    I guess it depends upon one's perspective whether RE prices are high or not. I own a small 2 bdrm apt in a nice part of the Recoleta (65 mts ). I recently had a couple of local realtors advise me on how I should price it. The highest recommendation was 235K. A similar apt in NYC or London would...
  11. J

    Thus Spoke Kristina....""

    I understand Ms K has been arrested in connection with financial irregularities involving her hotel in the south of the country. Perhaps justice will catch up to her.
  12. J

    "It Might Be Time To Get Out Of Argentina"

    I am confused. In this context, what does it meant to say that you have to let "things settle down" or that the the interest rate will be "more near to what the inflation rate should be?" What I know about cause and effect in the field of economics/fiscal policy would echo in a thimble...
  13. J

    "It Might Be Time To Get Out Of Argentina"

    Well, even though INDEC may publish inflation rates of less than 40% (like 25+), the banks are paying 40% for time deposits. That is usually sign that inflation is on an upward trend. I'm not sure panicking or scaremongering accusations are valid.
  14. J

    What would you miss most if you left Argentina?

    I do not believe "crass" is a desirable or likeable quality. To the extent your observation about the nature of the Porteno personality is accurate, it contributes to my perception of the too often displayed local character trait of annoyingly egoistical. To the extent that being politically...
  15. J

    What would you miss most if you left Argentina?

    Background info: I have lived in New York City, San Francisco, Sydney, and Rio for long periods of time. I have traveled pretty extensively in Europe spending months in Barcelona and Madrid. I now have an apt in Miami where I recently spent a couple of months and intend to spend a lot more. I...
  16. J

    The Macri Debate

    Info on utility rate increases: http://www.ambito.com/918898-el-aumento-de-tarifas-duele-pero-es-lo-que-nos-va-a-sacar-adelante
  17. J

    Visiting Buenos Aires

    For one person? Good food and local transportation, though not nearly as cheap as 4 years ago, are still comparatively inexpensive. One can get along quite well on $100/day. That would allow good (not fancy) meals , plus the normal complement of Uber/taxis transportation, with an occasional...
  18. J

    The Macri Debate

    How much of the current increase in the cost of utility services, about which we all bemoan, is due to having to repair the degraded status of national energy companies brought about by the cessation of state subsidies - subsidies which allowed the utility bills of wealthy people living in the...
  19. J

    The Macri Debate

    THERE MAY BE SOME LANGUAGE CONFUSION HERE....WHEN A RAPE OR THEFT IS WITNESSED BY A POLICE OFFICER, THE OFFICER MAY ARREST THE PERPETRAITOR WITHOUT FIRST SECURING A WARRANT, RIGHT? IS THE LAW DIFFERENT IN ARGENTINA? ALSO, AN "APPEAL" OF AN ARREST? DO YOU MEAN A HABEAS CORPOUS TYPE OF PROCESS TO...
  20. J

    The Macri Debate

    OK, THANKS . THE ARGENTINE CONSTITUTION PROVIDES FOR RIGHTS TO THOSE WHO ENTER THE COUNTRY ILLEGALLY. DO THOSE RIGHTS GUARANTEE A FAIR AND MEANINGFUL JUDICIAL/ADMIN HEARING PRIOR TO DEPORTATION? IF SO, AND SUCH HEARINGS ARE NOT PROVIDED, WHY HASN'T SOMEONE LIKE YOU INSTITUED AN ACTION TO REQUIRE...
Back
Top