It's Too Expensive Here!

[fcoulombe]

I think it sort of is from what I saw. Might be a little off but not that much

 

[Rich One]

Citizen, Countrymen, Colleagues don't dismay Argentina has the highest buying power in LATAM according to Btg Mac Index

Big Mac $33 pesos

http://www.bubblear....tudy-argentina/

 

[Noesdeayer]

BaKaZoO .
Really like your sumation," So did a poor country corner itself into paying more expensive then what they can spend ?".
ABSOLUTELY !! Argentina has been doing exactly this for at least the last 80 years.That is why they never get out of that cycle
Many of them live on wishful thinking.Just look at their productivity levels compared to their neighbors like Chile,for example but they want to spend like Europeans.Go figure?!
To use a local Argentine exp<b></b>ression which I admit is a little vulgar but,nonetheless very illustrative,"Tiran un pedo mas grande que el culo" y hace tiempo ya.

 

[fcoulombe]

for the big mac index, I went to macas recently and 7.86$US for a combo bigmac. I don't know about the price of the burger but it's not 100 pesos for a small chips and coke.
https://www.oroyfinanzas.com/2013/05/indice-big-mac-por-que-mas-baratos-big-macs-argentina/

Noesdeayer, I dunno, the whole country seems to have this lack of self confidence attitude that states "we can't do a fucking thing well".
It's like if argentineans have been raped out of their commercial self confidence (while maintaining an ultra high self esteem at everything else)

makes no sense.

 

[thorsten]

Citizen, Countrymen, Colleagues don't dismay Argentina has the highest buying power in LATAM according to Btg Mac Index

Big Mac $33 pesos

http://www.bubblear....tudy-argentina/

So if I understand it correctly, they recalculated the index with a salary adjustment that is due in half a year from now, while taking big mac prices from the past - the author just qualified for a top position at INDEC...

 

[fcoulombe]

my post needs to be approved by admin but i have a good answer to this bigmac index

 

[fcoulombe]

alright just come back from macas just to back up my claims (and because talking about it makes me hungry. now i feel sick...)

in the US:
Big Mac: $3.99
Big Mac - Meal: $5.99

in Argentina:
Big Mac: 50$ (3.57$)
Big Mac - Meal: 110$ (7.85$)

Somehow, the chips and coke are more expensive than the burger!

 

[Rich One]

my post needs to be approved by admin but i have a good answer to this bigmac index

Moreno forced Mc to keep the Big Mac price frozen to forge the index

 

[Rich One]

alright just come back from macas just to back up my claims (and because talking about it makes me hungry. now i feel sick...)

in the US:
Big Mac: $3.99
Big Mac - Meal: $5.99

in Argentina:
Big Mac: 50$ (3.57$)
Big Mac - Meal: 110$ (7.85$)

Somehow, the chips and coke are more expensive than the burger!

Buy the Burger only.....!!

 

[fcoulombe]

I dunno, I like to believe that forging data is probably one of the worst thing this country has ever done. (Although I'm slowly starting to realize that it's a global problem. They're just particularly talented at it here. http://www.amazon.com/How-Lie-Statistics-Darrell-Huff/dp/0393310728 )

You can't have discussion about nothing because no one actually knows what the data looks like. So everyone is just throwing random claims and everyone is clueless.