Argentine Economy

Buenos Aires is the most expensive city for expats in South America? Brazil must really be in a serious recession.

[URL]http://blogs.wsj.com/expat/2015/06/16/guess-which-ranks-as-the-most-expensive-city-for-expats/[/URL]

[QUOTE=BigBossMan;445499]Buenos Aires is the most expensive city for expats in South America? Brazil must really be in a serious recession.

[URL]http://blogs.wsj.com/expat/2015/06/16/guess-which-ranks-as-the-most-expensive-city-for-expats/[/URL][/QUOTE]Hard to believe and I don't.

Who knows what kind of a basket of goods they are using. Plus, they are probably using the imaginary 9 to 1 Cristina exchange rate, which nobody living here is dumb enough to pay. I'm finding it quite cheap but then again, I am sure 600 peso privados are not in the basket of goods they are comparing.

[QUOTE=Dickhead;445501]Who knows what kind of a basket of goods they are using. Plus, they are probably using the imaginary 9 to 1 Cristina exchange rate, which nobody living here is dumb enough to pay. I'm finding it quite cheap but then again, I am sure 600 peso privados are not in the basket of goods they are comparing.[/QUOTE]Neither 600p privados nor 300U$D chicas!!!!

[QUOTE=Dickhead;445501]Who knows what kind of a basket of goods they are using. Plus, they are probably using the imaginary 9 to 1 Cristina exchange rate, which nobody living here is dumb enough to pay. I'm finding it quite cheap but then again, I am sure 600 peso privados are not in the basket of goods they are comparing.[/QUOTE]Whoever put that together was just tabulating numbers without understanding the realities of the locations. They would have been better off doing a deep dive on the top 20 per region and putting them into real context. By trying to rank every backwater in the world, they relegated the study to a quantitative scorecard.

At AR$12.50:US$1, Bs As is still relatively cheap, despite inflation. The ballpark cost of privado poon (in US$) has increased at about 5.9% per annum, over the past eight years.

More on the Argentina bond debacle.

[URL]http://finance.yahoo.com/news/deutsche-bank-says-getting-bullied-202150205.html[/URL]

Tres3.

The "precios cuidados" for beer went up this week: Biekert to 12,00 a liter and Quilmes Bajo Cero to 12,60. I did not notice if liters of "Uvita" wine, which is also price fixed, went up as well.

I went in to the local bakery to buy some worthless carbs and the bill was $48.00 pesos.

Normal .

The fully legalized income tax recording , sales tax , cashier , sales receipt spitting machine rang the sale as $4.80 .

I looked at the owner and I said that he would not be able to stay in business otherwise.

He agreed.

Nice little trick.

TL.

[QUOTE=Dickhead;445695]The "precios cuidados" for beer went up this week: Biekert to 12,00 a liter and Quilmes Bajo Cero to 12,60. I did not notice if liters of "Uvita" wine, which is also price fixed, went up as well.[/QUOTE]Out here in the boonies Quilmes is around 15 pesos in the supers. I guess price control only works in the city?

Is that Quilmes Cristal? Cristal or "normal" Quilmes is not on the Precios Cuidados program. Only Quilmes 'Bajo Cero' is. Also Biekert liters and Schneider pint and 12 ounce cans. But Schneider is too nasty even for me. Bajo Cero ain't too bad.

[QUOTE=Dickhead;445699]Is that Quilmes Cristal? Cristal or "normal" Quilmes is not on the Precios Cuidados program. Only Quilmes 'Bajo Cero' is. Also Biekert liters and Schneider pint and 12 ounce cans. But Schneider is too nasty even for me. Bajo Cero ain't too bad.[/QUOTE]Cristal, the others I did not notice. I buy Bud from the "deposito" at 13.35 a bottle, I dont care for Quilmes too much.

Reneging is a way of life in Argentina. The government applies the P.T. Barnum axiom "There's a sucker born every minute", and lenders oblige.

[URL]http://finance.yahoo.com/news/why-argentina-consistently-unapologetically-refuses-040104696.html[/URL]

Tres3.

With todays mayor´s elections, Buenos Aires and his "oposition" showed, they are unable to govern.

An useless, unsuccessfull ex-banker and ex-minister showed barely the way downstairs.

Argentina so will have an one-handed ex-motonauta as President (maybe just a few weeks), usd tomorrow will be 16 + x.

And maybe it´s good time to leave now for a country with future.

Columbian girls (aside the Paraguayans) always had been a good choice.

[QUOTE=Spassmusssein;445722]With todays mayors elections, Buenos Aires and his "oposition" showed, they are unable to govern.

An useless, unsuccessfull ex-banker and ex-minister showed barely the way downstairs.

Argentina so will have an one-handed ex-motonauta as President (maybe just a few weeks), usd tomorrow will be 16 + x.

And maybe its good time to leave now for a country with future.

Columbian girls (aside the Paraguayans) always had been a good choice.[/QUOTE]Nearly everybody I talk to says Medellin is the better bet. A good friend was just there and reports nice privado chickees for $20US or less. Perfect weather.

[QUOTE=ElPerro;445723]Nearly everybody I talk to says Medellin is the better bet. A good friend was just there and reports nice privado chickees for $20US or less. Perfect weather.[/QUOTE]NO beaches in Medellin.

I still have a lovely "girlfriend" in Cali..."Esther"
Cali is as well a very good place.
"Esther" worked in Frankfurt "Bahnhofsviertel".

Lets check it out and come back here in 8 years o so.