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  1. Ries

    Argentina's auto parts industry feels the pain from shock therapy

    This article is about parts, not whole new cars. And chinese parts can really run the gamut in terms of quality. I have seen a lot of chinese parts that are far worse than industria Argentina quality, and in general, in any category, the high quality Chinese products are not available in...
  2. Ries

    Argentines Keep Cash Under Mattresses As Milei Pushes Bank Accounts

    You guys are very optimistic about the stablilty of governments and banks. Argentines are not, based on experience. I am 70. Many of my Argentine contemporaries, friends of mine, recall things like 6 different "presidents" in 4 years (1970-1974) many of whom were generals. They recall 40 years...
  3. Ries

    Argentines Keep Cash Under Mattresses As Milei Pushes Bank Accounts

    The “ official “ estimate is somewhere around $170 billion, but most foreign financial experts figure its twice that. The govt bougt $2 billion in q1 2026, and total dollar accounts are estimated at around $40 billion, but a bunch of that is from foreign companies and businesses who have to have...
  4. Ries

    Argentines Keep Cash Under Mattresses As Milei Pushes Bank Accounts

    I am really confused. You buy dollars from a cueva. And you sell dollars to a cueva. They give you better rates, and dont report it to the taxman. You arent actually suggesting that Banco Nacion is buying pesos from cuevas? no cueva would do that- they sell the dollars AND pesos, and thus, try...
  5. Ries

    Argentines Keep Cash Under Mattresses As Milei Pushes Bank Accounts

    why would a physical presence of paper money affect foreign exchange rates? The amount of US paper dollars outside of the USA is enormous- its estimated to be around $1 Trillion dollars. The vast majority of it is being held to avoid taxes, or for illegal and untraceable transactions in drugs...
  6. Ries

    How Does Punta Del Este Compare with St Tropez, Monaco, Marbella, etc these days?

    comite 357, on Tres Sargentos. Their openings are wild. Its such a tiny street the police dont care. https://www.comite357.ar/ I think they only announce the openings on their instagram, though, and not very far in advance.
  7. Ries

    How Does Punta Del Este Compare with St Tropez, Monaco, Marbella, etc these days?

    I guess we must have different definitions of "nightlife". I dont go to pickup bars and drink twenty dollar cocktails, but I go to see live music all the time in a very wide variety of venues, and there are way too many things to do in BA every single night. I have been to at least five live...
  8. Ries

    As Inflation Soars, Argentina Trades Beef for Donkey Meat

    its not exactly a globally accepted source of unbiased news...
  9. Ries

    Cheap Housing in Argentina

    A lot of the small towns on the original list are way out in the country. Full day or even two day drives to CABA. And yet there are a ton of small cute towns that are much closer, and still quite cheap. Once you get past the zona cheto of countries,like the ones being discussed above, there...
  10. Ries

    Looking for Philadelphia Cream Cheese

    there are actually some new, local cream cheeses that are really good. this stuff is not cheap, but its really good. Juan Grande brand, in a plastic bag, you can squeeze it out. I think its actually better than philadelphia for spreading, not sure about cooking...
  11. Ries

    Wages have fallen 20% since 2018, worst drop in the region

    Another data point- I have several friends who are tenured professors at UBA, and they make around 1.5 million pesos a month. Most university professors at public universities here have at least one other job, sometimes more. I know one friend who is often working at 3 different universities. I...
  12. Ries

    Wages have fallen 20% since 2018, worst drop in the region

    My question is- do the ypf attendents in neuquen get paid double what they get elsewhere? the beat cops? the plumbers, the verduleria guys? Because everywhere else in the country, a ypf attendent (not an oil pipeline mechanic, of which there are probably 5% as many as guys who pump your gas) get...
  13. Ries

    Looking for Philadelphia Cream Cheese

    many higher end fiamberias carry philadelphic, and some discos and jumbos do as well. Bodega Amparo, which has a few locations, has it sometimes. almacen 1249, which has 4 locations, usually has it. Like everything else in BA, you could probably have it delivered. https://almacen1249.com.ar/
  14. Ries

    Western Union money transfer

    western unions discounts are all algorithim driven. which means if my wife and I each separately price a transfer at the exact same time, all other details the same, they can easily be two different numbers. You get a fee based on mysterious things that change sometimes in five minutes...
  15. Ries

    Sube Card Cash Top Up

    the last few times I took the subway, there was nobody in the booth. Its been years since they were there everyday all day near my house. If you have a dni, you can register your sube card, you can then recharge online directly from your bank account. But many kioskos in every barrio recarga...
  16. Ries

    Wages have fallen 20% since 2018, worst drop in the region

    the starting wage for miners is 1.8 million pesos a month. Thats $1300 USD. The average miner salary in places like Australia or Canada, or western europe, is more like $80,000 to $120,000 a year. The ore sells for the same global price no matter what mine it comes from. Copper or Silver, per...
  17. Ries

    Wages have fallen 20% since 2018, worst drop in the region

    ask people. Of course some people wont tell you, but many people will. ask the cleaning lady, the guy at the verduleria, the guy delivering on a moto. Its also always interesting to ask people, how long does it take you to get to work, and how much does it cost every day? The portero at our...
  18. Ries

    Sube Card Cash Top Up

    the electronic system goes down all the time. you just have to be persistent. Usually El Jeve will do it, and there are a ton of them on Santa Fe.
  19. Ries

    Wages have fallen 20% since 2018, worst drop in the region

    I never met Mr. Google Ai, but I know a lot of Argentines who make well under a million pesos a month. Most work a couple of jobs. The quality of life has gone down, significantly, for them, in the last two years. Its a fact that close to half of all Argentines make 500,000 pesos a month or...
  20. Ries

    Cheap Housing in Argentina

    I have visited 3, the ones in catamarca and santiago del estero. Termas de Rio Honda is kind of a cheezy tourist town, all the hot springs are in hotel swimming pools. Its a low rent Reno kind of place. And its always very hot. Catamarca, however, is strikingly beautiful, and if you can live in...
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