Effects Of A Default On Expats

[ajoknoblauch]

what Im saying is that is a very tiny portion the argentines that save in dollars.

As Bajo said, those Argentines who can save, save in dollars. Saving in pesos amounts to hoarding toilet paper.

 

[Matiasba]

As Bajo said, those Argentines who can save, save in dollars. Saving in pesos amounts to hoarding toilet paper.

Im not talking of a total who can save, Im talking of a total population. The argentines that can save in dollars are a tiny minority of the argentine population. Your and Bajos reading comprehension failed.

 

[Rich One]

and what percentage is that if not a minority?

who is saying boludeces?

I believe no more than 10 % Save in dollars, a minority. I say

 

[ajoknoblauch]

Im not talking of a total who can save, Im talking of a total population. The argentines that can save in dollars are a tiny minority of the argentine population

So, the inability of anybody else to save is marker of Argentina's success.

 

[Matiasba]

considering from where we came, its good to the majority of argentines to reach the end of the month.

 

[ajoknoblauch]

considering from where we came, its good to the majority of argentines to reach the end of the month.

That's setting the bar pretty low. Who are those don't make it to the end of the month, and what happens to them?

 

[Hybrid Ambassador]

I still remember talking to a Nisei japanese~Brazilian in the days of hyper-inflation there. They were not be able to finding US Dollars, to safeguard thus recurring to buying electric appliances, those appliances value incremented along the rate of country crazy and feroucious hyper inflation to the tunes of " thousands" percents.

_Brazil once was plagued by chronic inflation which turned into hyperinflation. The source of this inflation was the expansion of the money supply. The government financed its operation and its development projects not out of taxes or borrowing funds but by simply creating money. _

http://www.sjsu.edu/.../brazilinfl.htm

 

[ARbound]

Expats that live in dollars are for a default. As always, people that hold dollars are against Argentina.

Im not talking of a total who can save, Im talking of a total population. The argentines that can save in dollars are a tiny minority of the argentine population. Your and Bajos reading comprehension failed.

Is the Patagonian Ice Queen and her family against Argentina too?

Of all the things you've posted this might be the most ridiculous.

All of us on here likely have friends or family members that are nationalists
and they save in dollars. I haven't seen any members say they want Argentina
to fail, I wish it better luck than it's ever had so I might return someday.

Believe what you want, but abhorring violence doesn't prevent people from
being killed and not buying dollars won't prevent Argentina from slipping
further in to economic decline.

 

[Matiasba]

ridiculous? you mean like proposing a foreigner as a president of Argentina?

Im not gonna talk again, if you want to know what I think go to the first pages on this thread.

 

[Bajo_cero2]

Im not talking of a total who can save, Im talking of a total population. The argentines that can save in dollars are a tiny minority of the argentine population. Your and Bajos reading comprehension failed.

http://www.igdigital.com/2012/07/el-70-del-efectivo-que-guardan-los-argentinos-esta-en-el-exterior/

164 billion usd acording to Indec are saved in usd.

Houses are bought and sold in usd. Hellooooooooooooooooooooooooooo.
How many Houses are in this country?

Your simplifications are annoying, please do not enlight us anymore.