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Yes, that's the English or Canadian way.

I am Italian. I have the passport to prove it. You are only half way there with your analysis, extend the thinking out to what an Italian might do if they messed up...... . Italians are skilled liars with a million excuses as to why such and such wasn't done or completed on time or whatever.

Forget about legalizing this vehicle. It will cost you 4x what you paid for it. AFIP has a 100% import tax on their prescribed value of the vehicle. Also to be eligible for import, you must be a temporary resident who will become permanent in the next few months. It is near impossible to import...

This phenomenon is due to the importance of 'face' in the culture. It is very important to 'save face', to never appear to be a failure. This is definitely something that was brought to Argentina by the Italian immigrants. Italian culture is notorious for this phenomenon to the extreme. So...

...That there are monopolies? Or that there are private monopolies? Changing from a private monopoly to a state monopoly could mean that the profits are put into state coffers instead of whisked offshore to private accounts.

I'm glad to hear you are taking the high road now that you have lost on the low road. If you go back and read my posts from the beginning, any fool can see that it was you in particular who singled me out to throw strawman arguments at. My first post was about the fact that not all...

Sorry, didn't realize that the thread was about your musings on the direction of the country, whatever that might mean. I guess i was thrown by the fact that the title of the thread was "YPF Nationalized" and that almost every other thread in this forum is about 'the direction of the country'...

Seems like there are some leaks about the backroom deals that have been percolating for some time. Why would Repsol be interested in selling to China? This obviously did not just happen in 24 hours. Pretty cagey response by CFK with nationalization, for a variety of reasons. The sale of YPF...

Yes, it is clear to me now that almost all the posts on this thread having nothing to do with whether or not YPF will perform better under state contol than it did under Repsol control. The posts are almost all about how a few of you expats hate the CFK gvmt basically because the gvmt isn't...

I can assure you that the gvmt does not care about the small number of housing units owned by foreigners in Argentina. You can rest easy that you are not on the radar. However, you had better be concerned if you own productive assets such as farmland. Those have a very real chance of being...

PetroBras is a world leader in deep water extraction technology. I'd say that is pretty impressive for a 'state owned' company that you think is shit. PetroBras may have corruption inside, but it hasn't stopped PetroBras from excelling in its market. The price of fuel in Brasil is competely...

Yes, here we have the standard response to anything not understood or liked regarding a foreign gmvt; "the dreaded fear of what international investors may or may not like". It all sounds good when the economics prof is teaching you this garbage, but unfortunately it is totally irrelevant...

Aerolinas was bankrupted completely by the prior owners. I flew many times when it was under Spanish Gvmt control and later under Marsans control; both periods it was much worse than today (and that is when oil was <$20/barrel). Stop being so negative about the gvmt; they have a very shitty...

Belgrano, 76%

There is a difference between the success of a sovereign owned oil company versus the 'success' of the country for which it bears the flag. Aramco is the most valuable firm in the entire world and it has developed into a very large multinational player with technological leadership in many...

Lots of armchair analysis of why nationalization will end badly. One of the posters even lifted their analysis directly from the WSJ. The fact is that no one on this forum has information regarding the backroom deals that resulted in this rather larger and important action by CFK. What ever they...

You need a DNI to open a retail account with HSBC Argentina. That is a federal law. What i stated in the post you are referring to is that if a customer has Premier status at HSBC in a particular country, then that status can be transferred over to another country. In many cases the new...

That is because Argentina Central Bank has capital controls. Has nothing to do with HSBC. And no other bank in the world even offers anything similar to HSBCnet (commercial) or Global View (retail). HSBC has a massive global footprint, the loss of a few very small unprofitable retail networks...

I've had problems with my relationship manager as well at HSBC, but as the bank is a global bank, i have been able to get satisfaction by applying pressure to other parts of the bank i interact with. After a while i discovered that the best way to solve the relationship managers problems is to...

The destination depends on the type of goods the shopper is interested in. For the average shopper, Miami (or even Orlando) outlet malls are the best solution. For people interest in expensive couture items, then go to NYC. NYC is not the place to go for cheap clothing (sure there are a few...