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I'm shocked at the opinions on this forum regarding the subject. I can't believe this is where general opinion stands in 2014 regarding an industry that has been known about and documented for millennia. I spent 2 years volunteering for a charity in Canada, one of its mandates involved...

I would argue that making prostitution illegal actually endangers prostitutes much more because they feel unable to seek help if they need to, and they are forced into keeping their work out of public eye where they are much more likely to be put in danger. I'm pretty sure mountains of evidence...

The way Argentinians react the politics and business reminds me a lot of how Italians do. There is a fundamental lack of knowledge about economics and because of this, economic phenomena are blamed on outside sources, eg Big businesses, foreign influence, banks / "speculators", etc. The...

Do you realise that it's a mathematical impossibility for all nations to be net exporters? It's a perfectly sound position to be in as long as foreign investors are willing to finance it. Even America's harshest critics (Eg China) are major investors in the US and rate US government bonds in the...

Selective statistics? I posted the ENTIRE price history of gold since the end of the gold standard. That's a person's entire investible life. You go ahead and keep waiting if you like. Here let me post it again ...

Exam over and I'm still a forum troll apparently :-D. I just wanted to make one last statement about gold. I've stated my opinion on the commodity. The vast majority of gold stored in vaults and locked away, because there next to no useful application for the metal, aside from jewelry, dental...

Oh one last thing. Although I'm more than qualified to manage people's investments, I don't. I have never wanted that responsibility. I worked for a software company and I specialised in risk measurement products for bonds, from 2010 - Dec until I quit to come here to study Spanish. My opinions...

As a side note. I mentioned Fractional Reserve Banking has existed for 500+ years. It began in Venice and spread through Italy. At the time, Christian belief was such that lending money and charging interest was Usury and therefor a Sin. The stereotype of a Jewish Banker arose from this, because...

I lost patience reading all the posts, I'll just give some factual information about how central banks engage in monetary policy, gold prices, reserve currencies, etc. For a start, a well managed central bank's mandate has always been to manage the supply of money in an effort to control both...

I did give a reference, I posted the IMF report. Of course, the GDP statistics themselves say a lot, but I'm guessing you haven't looked at those. GDP growth being the de facto measure for the exit of a recession, so there is not much left to argue. As for your claim regarding stock markets as...

The recovery is alive and well. Absent any major disasters (the scariest prospect is China at the moment) things will continue to improve: http://www.imf.org/external/pubs/ft/weo/2014/update/01/ Brazil at 2.7% of global GDP is insufficient both in size to cause major problems outside Latin...

Did anyone see how Cristina Fernandez blamed bank speculation for the Peso collapse on her twitter account yesterday??! HAHAHA That's like me taking your finest glassware, throwing it off the balcony, and then blaming gravity for breaking it...

Hello. I live somewhere on the border between Almagro, Palermo and Recoleta. In fact, I'm not even sure which one I officially live in. I love it, it's really convenient, it's a 20 minute walk to everywhere I need to go.

That article is scaremongering and quite paranoid. The fact is that Argentina, Brazil, Venezuela, Turkey, Ukraine, etc etc, are nowhere near large enough as economies to have a major impact on global economics. China is certainly weakening, but absent a major implosion of China's economy, the...

Only because we are so far removed from the people who will suffer most from the outcome of all this. People with means to save, with jobs, an education, etc., will find a way around the turmoil. It is always the poor who suffer recessions the hardest.

You are right, I was erroneously referring to a trade deficit when I should have been referring to the gaping current account deficit. Argentina does export slightly more than it imports, however the positive balance is mostly due to the fact that the government has made almost impossible to...

Precisely that. The "price" of a dollar is what people are willing to buy it for. The "value" of a dollar is based on the extent to with people with a foreign currency are willing to purchase the goods/services produced by the nation issuing dollars, or invest in that nations assets. That's why...

Sorry, one last thing I did not mention, it should be noted that the positive trade balance largely reflects the extreme measures the government has taken to prevent imports. Not least the recent changes regarding online shopping. The only way out that I see is to allow a real devaluation of...

I agree, no need for personal attacks. I do, however, recognise that as an immigration lawyer writing on an expat forum, his opinions may partially reflect business optimism, which is normal for anyone running a business that will be highly impacted by political turmoil. Cordoba riots, the peso...

Yes, many people (myself included) often erroneously describe a current account deficit as as a trade deficit, rather then jump into the complexities of the balance of payments. Argentina does in fact have a trade surplus, the problem is the massive outflow of capital. But the only way to...