Search results

Not shocking that government competence is higher in Singapore, Israel, Japan than Argentina, Brazil, and Iran.

https://www.clarin.com/economia/mercado-libre-incorporo-compra-venta-inmuebles-criptomonedas_0_H7rLQ4Itv.html

There is an Argentine fund that I've heard that offers great returns called Hope Funds.

8% over inflation which is say anywhere from 2 to 7% per year. So you're looking at 10 to 15 % a year.

All of you guys are wrong. Jerbo reports that fluctuations in the USD to Peso has to do with the Democrats being in control of the White House and Congress. It seems now Argentines are warming up to Joe Biden and buying dollars again.

From your posts, I've gathered you are far from being a "suit" Just my way of saying that I enjoy your posts and have learned a lot from them.

"It is a little naive — or then disingenuous — to discuss Bitcoin’s energy consumption while leaving out the profound links between traditional finance and carbon emissions. Have those impetuous Bitcoin critics at the Financial Times heard of the petrodollar? As large volumes of oil revenue from...

I'd recommend looking up - Proof of Work - which is how the Bitcoin network is secured. It's definitely not a bet that no one will invent a more efficient computer. There are other methods of securing blockchain networks such as Proof of Stake, which don't require large amounts of energy...

You seem to be wealthier than most here. Large farms in Washington and homes in Buenos Aires. When you talk, I listen, even if I don't always agree with your points of view. The EF Hutton of BA Expats. I don't think that the discussion around store of values pertains to 100 families. In...

100%. That's why Bitcoin is will fast take over gold as the global store of value and eventually take over the dollar as the international measurement of value. Although that may be 10 - 15 years out.

Store of value vs. medium of exchange

This thread is dollar earning expats telling Argentines that the US is extremely expensive with little social net, so if you can't make it there it's understandable due to the economic structure (them the dollar expat in Argentina), but in Argentina even poor Venezuelans and Bolivians can come...

Sounds like you were a lazy bum who couldn't handle variations in temperature

That's the problem with the Argentine economy. Too many lazy youngsters who fear the cold and waking up early.

The average Venezuelan is driving Uber 12 hours a day, making $200 pesos p/h, living with 5 other Venezuelans in a run down house in Quilmes. They don't have the money or access to credit to start a business. They exist.

You have very impressive friends who have come from places like Venezuela without dollars and end up having successful businesses in Argentina. Buenos Aires has great aspects, some better than the US. I think most of us here are in agreement that the US is not a land of milk and honey, and...

Yes there is much more inflation than is being reported. CPI excludes many necessities and includes deflationary products like laptops. What you say is true, there are many problems in the US, but it's still much easier for the average person to make a decent living in the US than Argentina.

I think the bottom line is most expats who come here have either a dollar income or dollar savings to lean on, which makes living in Buenos Aires and other select parts of Argentina a nice experience.