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I think until World War 1 Argentina was a powerhouse because they would export a lot to Europe. The U-boats essentially shut down transatlantic trade. In the 50s (I think), the opening of the Panama Canal and subsequent upgrades to it reduced the traffic that went around South America. Prior...

To note again, Kirchener government gutted the pension funds and replaced them with debt (like US SS) instead of financing the government with debt. They took the money and loaded government agencies with debt. Milei isn't against funding the stuff, he has asked the government where they want...

Agree with a bunch. 1) Stores aren't offering any value added, and the range of prices the same good goes for is incredible. Ferreterias are way cheaper than Easy (like home depot here), Carnicerias/Verdularias/Kioscos are way cheaper than supermarkets. They really are not providing a reason to...

Until the price of safety deposit boxes is that of a normal country, There is still cash. I think people use it more sparingly than just every day expenses. Either they need a bit to get to the end of the month, not to splash around. Or they are using it for vacations abroad, etc.

By now many people stop their new years resolution. On top, its approaching winter not summer here. "packed to the gills" is an english saying. It wasn't a spelling error for gorillas, if that is what you think he was referring people that go to the gym as.

There is also wonder wallet and some others, bit I think they only allow finding in USD, usdc or credit card or write transfer. I don't know if any allow to receive Argentinian pesos. I wonder if there are rules by the Argentinian Central Bank about how they can operate. In the thread that...

It is cheaper or it's actually getting cheaper or, deflation?

There are apps already. Peanut pay and others. Some were mentioned in other threads about 6-12 months ago

Still a far way from another 2001. And given the amount of money that is held under the mattress or in cash and not deposited, it wouldn't be impactful. So its really not an option at the moment. It would also be the end of any type of improvement for probably 2 generations (40- 50 years).

Sure. To replace the absence of foreign travel and help it in post pandemic. But are those same policies still going on? I haven't seen it. The fact is, its just government issuing debt to create demand. The government needs to be able to issue debt and operate a responsible deficit. Argentina...

So I was doing a bit of a deeper dive last night after reading this to learn a bit more, and I will continue. However, there is a stark contrast between the objectives of the Thatcher and Milei governments eventhough they may have shared some of the same results and objectives. The Thatcher...

A pretty big detail this article left out regarding domestic travel was also the previous government's "Previaje" program of offering free/low interest loans paid in cuotas applied to hotels and tours etc related to domestic travel. Again, just another print and spend offering to try and create...

Back to original topic about auto parts, as someone that doesn't really know much about cars, I was speaking with a friend at the gomeria here, and he was telling me how although the price per km might work out the same between chinese tires and the major foreign brands, the difference was: 1)...

As much as there were some similarities, I don't think it extended across the board. Inflation was around 18-25% annually. This was also during and after Iran crisis. In the 80s in Canada inflation was up to ~13%. Mortgage rates were over 15%. Callaghan (prime minister before thatcher) already...

If all she is doing is setting up the contract then offer her one month. If she is going to actually managing it in case things go wrong then she to like 8.33% (1 month annually). If not tell her you will get another agent. At some point you have to be willing to walk away. Otherwise she has...

There was a world trade center bombing in 1993 6 dead and over a thousand injured. In 1995 there was the Oklahoma city bombing and Columbine in 1999. Does that mean the US wasn't a safe place to be? I wouldn't suggest singular events necessarily determine a countries safety level.

Was Britain in the same situation as Argentina?

I am not in CABA but the interior, and it seems like regardless of contract length (1,2 year, 6 months) or whether its a new contract or just extension, the agents want 1 month rent. In the end, if she thinks she is the only one she can be firm. Realistically, 1 month a year is pretty standard...

History may repeat itself if one doesn't learn from it and just repeats it. This government has taken a drastically different approach than those in the past trying to return to a balanced budget by implementing austerity measures as well as making significant changes to the structure of the...

I think a sense of what is your comfort food may be shaped by foods you had when you were younger, but ingredients have changed such that same products are no longer the same due to substitutions like high fructose corn syrup and others for the sake of profits have really lowered their quality...