@Cervaise recently posted about obtaining a bank loan to purchase an apartment. It was denied, because the income backing the loan is in dollars.
So that’s some more confirmation of your suspicions.
@Cervaise recently posted about obtaining a bank loan to purchase an apartment. It was denied, because the income backing the loan is in dollars.
So that’s some more confirmation of your suspicions.
Yeah I’m starting to wonder if I should move my savings to Euros.
If you make it 50:50 for a start you can call it diversification. Seldom harm in diversification. Then, depending on developments, feelings, and events you can always overweight €uros.
As an American, most of my savings is in dollars, but i recently increased my overseas holdings.
You will now the dollar is dead the day Argentines do not want it.
This will surely have a calming effect on the markets today…
Also he’s talking about buying Argentine beef?
On one side, yay! exports!
On the other, yesterday to celebrate Mother’s day (and my mom’s birthday) we spent less than 100 dollars (96,000 pesos = 65.47 dollars) to buy enough high quality beef for 11 people, I hope that wasn’t our last asado.
Argentina’s midterm election hands landslide win to Milei’s libertarian overhaul
Is it fair to blame this on U.S. election interference? Or is it all internal to Argentina/lower inflation?
I assume the option of a conditional pro-Milei bailout for the currency issue is a huge factor, yes.
Excuse me, the dent in the wall isn’t going to get deeper by itself you know.
-sets aside some Tylenol and a shot of rum for later-
Democracy is too good for the masses. ![]()
Well this is a disaster, if the election in November '23 was the beginning of the death of the country I love, this one is the seal on it.
I don’t understand what happened, and frankly I’m too sad to attempt a diagnostic now, I will probably stop posting for a while, I’m sorry.
I find that I can take a little “misery loves company” solace.
The world is going through a change. I can only speculate why, and I have no idea how it ends. We might get lucky and come through this tumult into a more egalitarian world, or a new aristocracy built on the fortunes of the oligarchs.
But you (we) are not alone.
Take a break and a breather to care for yourself right now.
Too many of us around the world are, have been, or dread soon to be facing similar.
If you enjoy the feeling of your brain leaking out from your ears from stupidity, you’ll love this latest article by David Frum!
I’m sorry, too, and quite a lot of us here think of you whenever we see Argentina in the headlines. Take a break, take care of yourself.
Yeah, @Frodo - take all the time you need to figure out your immediate and future plans without worrying about talking with us. These are issues that aren’t unique to any of our nations, but we all to prepare within the framework we have to work with.
Thanks for posting here as much as you have.
And if you need to hide under the bed for a while, do that. Wishing you luck when you come back out; whether or not it’s here.