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Imagine risking your prestigious job over a book? A blow job, well I get it. But a book?

Some people are just miserable no matter the location. While others will always find the positives in life. I think a great example of that on this board is RIES. Always pointing out the best that Argentina has to offer. I'd assume the reasons for complaints are different. Criticizing aspects of...

No banks, no debit cards, no credit cards. Those all go through the central bank and will give you the official rate. You should ask around to see where they will exchange in your neighborhood. I've found kiosks, chinese supermarkets, restaurants that have done it before. There are also...

Yes, of course, but is the percentage of incidents higher than taking a taxi? Or even walking for 10 blocks? I'm not sure...just raising the question

Just from a quick Google search, it appears that DNU 70/2017 makes it easier fro the government to deport people. Abolishing it would be beneficial for frequent visitors. That's why I believe Bajo says FF is not as xenophobic.

I wonder what the stats are from Taxi rides. Higher or lower incidents. Doesn't seem too high when you look at it as a percentage - 000003%

What are the signs that they are grooming him for power in the future besides him being governor of BA? Who is they...Cristina and Maximo?

What does that have to do with poor growth, dwindling reserves and budget deficits from 12 - 15? Bolivia, Chile, Colombia, Peru all performed well during that period. The commodity super cycle ended in 2011. Just so happens Argentina's reserves have been declining ever since, budget deficits...

If soy rises to historical levels again, he will get Arg out of this hole. If not, no. Just compare the roaring years of Ks to the insipid ending of their rule. There was one main change in variables. Commodity prices. Agriculture is 60% of Argentina's exports, where they get their dollars...

That's a small part of it. My question is why were these policies so successful in 04, 05,06, 07 and not effective in 12,13,14,15 ? From 12 on the reserves have fallen, budget deficits, weak growth.

I think few argue that the economy wasn't good for the majority of the time under the K rule. The question is why was it good? Did it have to do with specific policies that now when they are reimplemented with again lead to growth? Was it because of the global economic conditions of the time...

True

The minimum wage in dollar terms was $119 per month in January 2004.

Right. Add in that wages were extremely low due to the devaluation, including those in the public sector. Unless you look at statistics within a context, they don't really mean anything. I could argue (which, I don't believe) that Menem was a great president look at how he brought GDP from...

Ventanilla, Why was there such economic success from 2003 to 2012? Why did the economy take a dive after 2012 under what was similar policies continued by the Ks? Why was there a fiscal surplus in the 03, 04, 05, etc and a massive deficit in 13, 14, 15? Why did reserves decline ever since 2011...

Very excited that in one week Alberto F will be president and raise the limit to 2000 usd as he asked Mauricio Marci to do!

IMF loans are not the reason for Argentina's lack of development in the last 40 years. If the population believes that the problems are largely due to outside forces and that they are better off than neighboring countries, such as Chile, then there isn't going to be a big push to radically...

I agree Ceviche. As an investment it's crap. As a hedge or insurance policy it's good. USD loses 4-5% value every year. Cash is trash. I checked out Currency Wars. Looks interesting, I'll give it a read. Thanks for the recommendation!

Haha :D I didn't say don't buy it. Do what you want. Just that it's a crap investment. I don't think it's a bad idea to have a small percentage as a hedge.

It's a good start. I think there is probably more behind it than just not wanting to borrow more. He'll get money from elsewhere. I think it's a clever move because by not asking he's avoiding the IMF denying the loan, which would roil markets even further. Let's just hope the price he pays for...