Search results

Their US$20 millions worth of pesos (bought at $1470) is sat in the Santander account making money from the exchange rate and is now worth more in USD when than when they bought it. “America First” - they’re in it for themselves, they making money from this and will pull that money out when it...

I’ve been here since the very latter part of Cristina’s presidency when it was pricey, came to learn Spanish, not because it was cheap. The 2018-2023 cheap bubble was a bonus.

Yet we all love this country! I bitch and moan all time but wouldn’t live anywhere else in the world 🇦🇷 💙

These restrictions have all been effectively lifted, with the limits to be reported to ARCA now at $50,000,000 as opposed to $600,000 (or $400,000) a few months ago...

Incredible if you think about it really. That press conference was a nightmare for Milei. Trump openly admitting to trying to sway an election result. And not really understanding what is going on. I’m more convinced than ever that Bessent put that money there so Wall Street investors don’t...

They were kidding themselves if they were thinking there were no conditions attached, as Caputo had claimed when he spoke to LN+ the other night.

That's the local logic - not making much money as I'm selling very little, therefore, I need to put my prices up to compensate - it's incredible but that is business accument for many - not all - here. The concept of reducing prices, charging less and making more through volume and turnover is...

although, it seems that there is debate and they do want to deregulate "https://www.infobae.com/economia/2025/07/14/presentan-un-proyecto-para-desregular-el-mercado-inmobiliario-que-propone-y-a-quienes-beneficia/"

Yeah, it's ridiculous that's it's not a political debate, considering how many people have to rent (either temporary and paying 1 months commission, or traditional and paying 2 months seguro de caucion), and how many rent out ther homes and have to pay commission for long-term rentals. It's a...

They are. It’s a combination of too much pride, greed, a lack of astuteness and the same poor work ethic you see in the restaurants and shops here. They don’t give a fuck about selling or working. All they care about is working as little as possible for as much as possible. All short term...

It’s definitely cheaper than a few months ago. I went away at the end of May this year, dollar at about 1170, thinking about leaving for good (after 11 years here) as it was so expensive. Got back end of August, dollar at 1350 and my perception is things are better. Not only that, prices had...

Bizarre. And pretty out of touch - ok for the fan base, but if he can’t solve the problems of everyday Argentines, and instead is acting like Freddy Mercury, it’s not going to go down well. I put my head in my hands as, while there are many things I dislike about Milei, I don’t want Kiciloff...

I do copywriting and content writing for travel compaies, and considering pitching a few articles on the "real" BA to the likes of th BBC, Loney Planet, having been here for 11 years now. The great thing about AI is that human writing has become so much more valuable now.

The plus side of this is that textiles and clothing is cheaper than before, benefitting the majority. It’s how it works in many other parts of the world. These businesses will need to adapt and evolve, survival of the fitness, just like it is nature.

All this euphoria means nothing though if it doesn’t approve the day-to-day of the average Argentina. If the election were this Sunday, maybe. But in 4 weeks it’ll all be forgotten about.

The Economist makes no sense if the peso was about the same in July as it was in January. I notice Infobae is pro-Milei, so I suspect they took a bias angle with their report. I guess no one really actually knows what the peso is worth.

Jamón y queso or queso y jamón?

Interesting article here, claims the peso should be between 1500 and 1700. I agree https://www.bloomberg.com/news/articles/2025-09-23/milei-s-peso-is-20-overvalued-and-fragile-analysts-say

Well, since the meeting, the dollar already rebounded against the peso. Maybe "sell the news" or overhype - announcement aparently coming later today. I really don't see how Trump could bailout Argentina, given his fan base is so against that kind of stuff.

I don’t know. Consider how desperate Argentina is for dollars, surely there will be some Trump demand like a base in Ushuaia or kicking the Chinese out of Neuquén. I understood it’s all for geopolitics - countering China in the region, and gaining access to the Antarctic.