Granadaiscool, read the statistics. And by the way Argentina does have an industry. Yes, it’s not developed and one of the reasons for that is because during almost 12 years there was no logical reason -from a business perspective- to invest because it was less expensive to import than to manufacture. Chile is not the example to follow.
Grazie, I don't know where to begin considering that you were all over the place and to be honest you kind of talked about issues that went beyond my original post. I did not: bully, badger, or "dis" anyone. Also, I did not restrict anyone's right to criticize Argentina. Everybody is free to do as they wish. You can look at Argentina however you want.
I did not argue it to death, you exaggerate. Thank you for teaching me and the rest of the forum on the art of debate. And the only reason I referred to elpanada's nickname as stupid, was because he was accusing me -I suppose in a jokingly fashion- about being xenophobe. I responded accordingly. Anyway, if I offended elpanada, surely he can defend himself. Please stop with the psycobabble and relax.
The issue was expatriates complaining about inflation because it affected their pocket. So let's try to stick to that subject. And it though it affects everyone alike, many of the expatriates came to this country to take advantage of the exchange rate at one time and now complain only because it affects their budget.
"Sebastian, have you ever considered that Asia is now the source of dirt cheap labor and though not a moral thing to do - it is just maybe, just maybe because partial or fully owned Argentinian company owners are driven by greed and want to maximize profit? When you are a COO and the board of directors of a company says raise profits by 23% this year or your are outta here, you go to the most dispensable part of any company and that is labor. Greed and cold hearted business dollar and cent decisions like this perpetrate the vicious cycle of slave labor
I know that Asia is the source of slave labor and I know that many -not all- Argentine businessmen are greedy and seek out as their maximum goal to maximize profit, as is the case in other countries. But Grazie, again that's not my point. My point was that the exchange rate -in response to syngirl's comment's regarding the exchange rate- was a good decision so as to assure the growth of the argentine industry and consequently to minimize the unemployment rate. That's my point. And I don’t agree with your justification for using slave labor. Evidently we do not share the same scale of values.
I honestly don’t know where you get your information, but Argentine businessmen do not have go to foreign countries for cheap labor, unlike the US with the their mexican counterparts, legally they are welcomed and give them, free health care, free education, free college education, etc. With the 3:1 rate, the unemployment has gone down. What would happen to the argentine labor market if the exchange rate was 2: 1. I don't care if you are the CEO of Pricewaterhouse, please explain what you will do with these people without work?
Bowl of Rice= Metaphor. Check this website out
http://ihscslnews.org/view_article.php?id=32
Henry B, in any case if the peso is kept artificially low and you took 2,10: 1 exchange rate, then Argentine would probably rank higher. Also, that’s only of the variables that are factored in to calculate where a country ranks.
JG, finally someone who sees that I am not being disrespectful and I do agree with you that there is a major quality issue with regards to some products. This has to with the fact that Argentine businesses failed to invest during the 90’s, and continue to do so now when they have a captive domestic market. That is another issue.
Bigbadwolf, I am glad we agree.
Ramon. Get over it. Nobody insulted you. Rents increasing, prices going up..supply and demand. I did not blame tourists for inflation. Do you read what I write? I said inflation is a major problem. Nobody is trying to create Buenos Aires, London and/or Paris, and the increase in property value has nothing to do with inflation.
Grazie, I don't know where to begin considering that you were all over the place and to be honest you kind of talked about issues that went beyond my original post. I did not: bully, badger, or "dis" anyone. Also, I did not restrict anyone's right to criticize Argentina. Everybody is free to do as they wish. You can look at Argentina however you want.
I did not argue it to death, you exaggerate. Thank you for teaching me and the rest of the forum on the art of debate. And the only reason I referred to elpanada's nickname as stupid, was because he was accusing me -I suppose in a jokingly fashion- about being xenophobe. I responded accordingly. Anyway, if I offended elpanada, surely he can defend himself. Please stop with the psycobabble and relax.
The issue was expatriates complaining about inflation because it affected their pocket. So let's try to stick to that subject. And it though it affects everyone alike, many of the expatriates came to this country to take advantage of the exchange rate at one time and now complain only because it affects their budget.
"Sebastian, have you ever considered that Asia is now the source of dirt cheap labor and though not a moral thing to do - it is just maybe, just maybe because partial or fully owned Argentinian company owners are driven by greed and want to maximize profit? When you are a COO and the board of directors of a company says raise profits by 23% this year or your are outta here, you go to the most dispensable part of any company and that is labor. Greed and cold hearted business dollar and cent decisions like this perpetrate the vicious cycle of slave labor
I know that Asia is the source of slave labor and I know that many -not all- Argentine businessmen are greedy and seek out as their maximum goal to maximize profit, as is the case in other countries. But Grazie, again that's not my point. My point was that the exchange rate -in response to syngirl's comment's regarding the exchange rate- was a good decision so as to assure the growth of the argentine industry and consequently to minimize the unemployment rate. That's my point. And I don’t agree with your justification for using slave labor. Evidently we do not share the same scale of values.
I honestly don’t know where you get your information, but Argentine businessmen do not have go to foreign countries for cheap labor, unlike the US with the their mexican counterparts, legally they are welcomed and give them, free health care, free education, free college education, etc. With the 3:1 rate, the unemployment has gone down. What would happen to the argentine labor market if the exchange rate was 2: 1. I don't care if you are the CEO of Pricewaterhouse, please explain what you will do with these people without work?
Bowl of Rice= Metaphor. Check this website out
http://ihscslnews.org/view_article.php?id=32
Henry B, in any case if the peso is kept artificially low and you took 2,10: 1 exchange rate, then Argentine would probably rank higher. Also, that’s only of the variables that are factored in to calculate where a country ranks.
JG, finally someone who sees that I am not being disrespectful and I do agree with you that there is a major quality issue with regards to some products. This has to with the fact that Argentine businesses failed to invest during the 90’s, and continue to do so now when they have a captive domestic market. That is another issue.
Bigbadwolf, I am glad we agree.
Ramon. Get over it. Nobody insulted you. Rents increasing, prices going up..supply and demand. I did not blame tourists for inflation. Do you read what I write? I said inflation is a major problem. Nobody is trying to create Buenos Aires, London and/or Paris, and the increase in property value has nothing to do with inflation.
) seem reasonable. However, if I were earning pesos, I can't imagine how difficult it would be as the salaries in Argentina definitely don't seem to be in line with what things cost.
