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  1. wrangler

    Cepo cambiario

    Yes, I am referring to approximately 12 months before that, and no, the gap was never as small as 1%. The gap might have shrunk to a difference of 1 or 2 points by 2016. The Dollar Blue was at 15 when Macri took office, and when he left, four years later, it was above 70, I think closer to 80.
  2. wrangler

    Cepo cambiario

    As far as I can remember, there was a dollar blue when I came here in 2015, and I remember the cuevas from that time. I'm sure they were here well before I arrived. However, I recall that back then the difference between the official rate and the blue rate was 5 points, which represented a 50%...
  3. wrangler

    Cepo cambiario

    Why on earth would you want to withdrawal cash pesos from the atm here in Argentina? You are losing half or more of your purchasing power.
  4. wrangler

    Economists warn electing Milei would spell devastation

    You're right, my prediction about the election outcome didn't pan out as expected, which highlights the unpredictable nature of politics. However, my concerns about Milei's leadership style and potential impact on our country remain. His actions and policies in office will be the true measure of...
  5. wrangler

    Economists warn electing Milei would spell devastation

    I don't agree, many Argentines are exactly the opposite. They don't like to work. Mostly everywhere I go, I see Venezuelan workers. Argentines, especially young people have a reputation for not having work ethic. I have to agree with @Agribotics. Until there is a massive cultural shift, nothing...
  6. wrangler

    Milei Won. He is the new President of Argentina.

    The stick has been heating up for a lot longer than Massa has been minister of the economy. Massa is not my man. Yes, I voted for him, because I thought he was the better choice overall. Time will tell.
  7. wrangler

    From Bloomberg This Morning...

    The official peso rate will be devalued, not sure if it will be tomorrow, or when Milei is officially president. He has to devalue with all of the billions he is going to borrow from the IMF. From 360 to 600 overnight is too drastic. They are likely to do it more gradually.
  8. wrangler

    Economists warn electing Milei would spell devastation

    While I understand your view of Milei as a philosophically grounded leader intent on leading a transformative revolution in Argentina, I have some reservations about the practicality of this approach in a democratic system. Firstly, even with a strong personal mandate, governing effectively in...
  9. wrangler

    Economists warn electing Milei would spell devastation

    How will Milei manage to implement all these reforms, especially without the backing of Congress and the popular will? The question of how a single individual can enact political reform looms large, considering the necessity of widespread support and collaboration. Please explain, a...
  10. wrangler

    Is the expat party coming to an end?

    Our buying power for certain items, mostly imported goods, has already been diminishing for some time due to the devaluation of the U.S. dollar. Let's not forget about The Happy Printers, Donald and Joe.
  11. wrangler

    Is the expat party coming to an end?

    Congress will likely reject dollarization. It's not just expats who benefit from the current system, but also government officials and corporations. It seems highly doubtful that he will be successful. In order for him to achieve this, Argentina would have to borrow a significant amount of money...
  12. wrangler

    The Case For President Sergio Massa

    Should have taken you up on this.
  13. wrangler

    Milei Won. He is the new President of Argentina.

    Milei basically got handed a glowing red hot metal stick, that he will now have to touch with his hand. Let's hope he can cool it off for the benefit of Argentina.
  14. wrangler

    Milei Won. He is the new President of Argentina.

    The thing is, he won't fix things for those who voted him in either. He could be gone after four years. Either way, if you are passionate about the politics of either party, there is something wrong with you. I depend on no one. I defend no one. I've experienced economic growth with Cristina...
  15. wrangler

    Milei Won. He is the new President of Argentina.

    You don't, but most everyone else does. Good luck with your predictions.... Was it you who predicted there would be fraud cries from the Massa camp, and challenged me to a bet? I don't remember now, I can go back and check.
  16. wrangler

    Milei Won. He is the new President of Argentina.

    I expect the worst, there is no way this will turn out well, and I don't say this because I believe this government does things right, but a far-right government has never favored the people who suffer the most. Instead, it will subjugate them even more, and if I am wrong, I will apologize for...
  17. wrangler

    Could Milei win in the first round?

    The people spoke, no claim of fraud here, as the right always when the tables are turned. Should have taken that guy who challenged me up on his bet. Would have an extra $1000.00 in my pocket right now.
  18. wrangler

    Witnessed a robbery in Belgrano

    I assume you're not from the U.S., because such incidents are a daily occurrence in most major cities, and often much worse. Generally, it's not unusual for bystanders to simply watch when a crime is being committed, and that's not exclusive to Argentina. Regarding the perpetrator who committed...
  19. wrangler

    Folded US $100 bills

    Someone figured out that they can make money with it; that's the actual reason. Of course, a cueva will accept any bill. However, if the bills have writing, a stamp, are stained, broken, have a small face, or have been washed or bleached, then they will apply a discount. The bills that can't be...
  20. wrangler

    Economists warn electing Milei would spell devastation

    Can you remind me how long Massa has been in charge of Argentina's economy? Turning things around in a short amount of time is challenging. Last I checked, he was the Minister of the Economy, not the President of Argentina. Moreover, he inherited a difficult situation, similar to what Fernandez...
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