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  1. LuckyLuke

    Argentines plunge into debt for bills, cars and birthday parties

    This is a question that has been rattling in my brain the past year. I've dabbled in economics for a while, but I honestly struggle to understand how, with what should be regional balance of trade, credit cycles, macro/micro feedback loops, geopolitical factors, etc. that could cause so many...
  2. LuckyLuke

    Whats up with Argentines not wanting business?

    I think every expat goes through this particular cultural shock. My theory is that prices vary widely between not only between Provincias, or cities but also between competing stores on the same block. In addition, because of the constantly fluctuating state of inflation, prices are very rarely...
  3. LuckyLuke

    How are foreigners handling everyday payments in Buenos Aires?

    Personally, no. I've never touched crypto as an investment or currency, though the "Dólar Cripto" rate tends to have the highest peso exchange rate. IMO the whole "Digital Wallet" app ecosystem down here is a pain in the ass. There are dozens upon dozens of apps down here. Everybody claims to...
  4. LuckyLuke

    What to pay a tech helper

    These are the rates in Cordoba. You would have to check your local zone, but it's a starting point of reference.
  5. LuckyLuke

    Argentines plunge into debt for bills, cars and birthday parties

    Not just Argentina. Of 18 countries surveyed below, over half cite the cost of living as their number one concern. Hard times all around...
  6. LuckyLuke

    Caputo announces return of public works

    Please, for the love of god, if you are not going to bring back interstate freight by rail, at least build a 4 lane interstate highway. How many more yellow stars need to be painted?
  7. LuckyLuke

    How are foreigners handling everyday payments in Buenos Aires?

    Howdy Simon, You are going to get different answers, because you stating "foreigners and expats" doesn't implicitly state what their access is to the local banking system. Some foreigners or expats have access, others don't. It sounds like you are going to be a "tourist", with no access to a...
  8. LuckyLuke

    Suggestions for Better Weather

    Here you go my friend: Puerto Madryn or Bariloche in the summer. Posadas in the winter. Next question....
  9. LuckyLuke

    Milei’s inflation ‘miracle’ is a warning to the world, not a blueprint

    IMO, the article oversimplifies some aspects of the monetary policy that Caputo is engaging in. The real crime is what is coined in Economics as "Sterilization". It involves the State intervention on foreign markets to insulate it's effects on domestic currency. Everybody is focusing on the...
  10. LuckyLuke

    Argentina to seek looser foreign ownership rules for rural land

    Relax old chap, it's statistically proven that generational wealth dilutes and dissipates with time. The old rich don't stay rich forever. Then you get new rich like Bill Gates buying 275,000 acres. In any case, I don't think farm land is all it's cracked up to be anyway. My wife's family owns...
  11. LuckyLuke

    Navigating Ceremonial Marriages in Argentina

    If you don't have any private recommendations from family/friends, you can always check with "salon de eventos" or "salon de fiestas" in your desired area. They will most likely have references for catering, rental tables/chairs, DJs, photographers, etc.
  12. LuckyLuke

    Apartment Rental Painting

    We're missing important facts to assist you: 1) Do you have a contract for this unit? What is the language of that contract regarding the condition the unit needs to be returned to? 2) Do you have a security deposit? What amount was it, what currency? Do damages exceed the value of your deposit?
  13. LuckyLuke

    NYTimes: Immigration Wasn’t an Issue in Argentina. Until It Became One.

    Not just villas. The property I recently purchased in Neuquen was previously owned by a judge here. When my electrician came in to change the wiring he found an illegal service connection bypassing the meter. The whole country celebrates this kind of "Viveza Criolla".
  14. LuckyLuke

    NYTimes: Immigration Wasn’t an Issue in Argentina. Until It Became One.

    I can't speak of CABA, but this has not been my experience in Neuquen Capital. Private developers can purchase a large area and pre-sell the subdivided lots "en pozo". This initial injection can fund the services installation. However, when a municipality puts up the public land for individual...
  15. LuckyLuke

    US Citizen Using US Brokerages while living in Argentina

    The limitations should be available online. It's my understanding that it's individual to each prospectus and not necessarily entire categories. That being said, Merril Lynch threatened to close all my IRA accounts once they found out. They never did in the end, but I transferred the money to...
  16. LuckyLuke

    NYTimes: Immigration Wasn’t an Issue in Argentina. Until It Became One.

    Not just the villa. My suegro lives in a small town in San Luis and inherited a lot of undeveloped land. When my wife (his daughter) inquired to the municipality to convert some of the land into a residential barrio, they explained that they couldn't afford to put in any new services because...
  17. LuckyLuke

    Coffee in the market

    In accounting inventory there's something called FIFO (First in, First Out) which is used for perishable goods to ensure older inventory is used first. The costs basis of older inventory is naturally at a market price that isn't today. What am I trying to say? Prices are sticky because of raw...
  18. LuckyLuke

    Milei’s fiscal shock has changed Argentina’s destiny

    Expats have been disproportionately affected the appreciating peso and I don't think you will get a whole lot of cheers regarding that. That being said, the last vote turn out reflects the number of people who wish to continue this road of fiscal constraints or not. I think that speaks more...
  19. LuckyLuke

    Western Union money transfer

    Ah okay, I must have forgotten that little detail about reversing the transaction currency. Thank you folks!
  20. LuckyLuke

    Western Union money transfer

    Howdy Y'all, Anybody getting a discrepancy with the rate the Mastercard website is reporting on their foreign exchange rate page vs what's actually being charged to your Mastercard statement? I haven't been tracking it closely, but I'm now finding constant discrepancies on previous charges...
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