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  1. CecilM

    Are Argentines worried about a Possible Bank Run (Corralito 2.0)?

    The economic situation is definitely complex, but calling it a Corralito 2.0 seems exaggerated. Unlike 2001, banks today hold much higher levels of dollar reserves, and deposits are mostly backed in cash rather than government bonds. The demand for physical dollars is a response to uncertainty...
  2. CecilM

    Argentina among the happiest countries in the world - 2025

    I'm not sure what this study is based on, but I don't think that's the case. The situation is quite difficult, with nearly half of the population living in poverty. Many people are struggling with depression and financial hardships.
  3. CecilM

    Economy Will clothing and footwear prices finally drop?

    I have a local friend who unexpectedly had her fridge break, so she had to rush out to buy a new one. The technician told her it was better to buy a new one rather than repair it due to the cost of the spare parts. Since this had a big impact on her finances, she decided to buy it in 12...
  4. CecilM

    Skype Is Shutting Down – Best Alternatives?

    I was talking about this with my nephew, and he mentioned that Discord is a great option because the audio and video quality during calls is much better, and it offers screen sharing with good resolution. The downside is that it's not widely used in the corporate world. If you need something...
  5. CecilM

    Anyone going to the big protest today?

    It’s not just a protest march for retirees, it’s a demonstration in their defense. That’s why people of all ages join. But after what happened last time, I don’t think many will show up.
  6. CecilM

    Milei fires Cavallo’s diplomat daughter after peso criticism

    It's incredible the bipolarity of this guy. Luckily, the archive exists. Just a few years ago, he praised him nonstop, saying that Cavallo was the best economy minister in Argentina's history, and now it turns out that the same person is a disgrace. It's almost funny! What’s not funny is that he...
  7. CecilM

    Poverty has no limit in Argentina

    Yes, you're right! From what I've read, 1,600,000 is the baseline, but that number is ridiculous. A typical family with those earnings can't really be considered middle class. That's why I say the numbers don't reflect reality, what really matters is what's in people's pockets. It's hard to deny...
  8. CecilM

    A coffee for $3.50: Argentina is the most expensive country in Latin America

    I totally agree with what you're saying. It seems like the cost of living in Argentina has definitely increased, and it's not just tourists who are feeling it. I recently read that Argentina has the most expensive Big Mac in Latin America, and it's soon to surpass Switzerland, where the most...
  9. CecilM

    Looking for Baking Flour and Brown Sugar in Palermo

    Brown sugar can also be referred to as "azúcar mascabo" or "azúcar negra." Unfortunately, you'll have to experiment with different types to find the one that suits your needs best. Non-chain dietéticas often have more natural products. As for the brown sugar you find in supermarkets and some...
  10. CecilM

    Hurt by high prices, Argentines seek cheaper goods abroad

    Even something as basic as clothing is much more expensive here. Tourists are often shocked by this. https://www.infobae.com/economia/2024/12/11/no-compren-ropa-en-buenos-aires-el-video-viral-de-tres-turistas-que-recomiendan-evitar-el-shopping-por-los-altos-precios/
  11. CecilM

    Hurt by high prices, Argentines seek cheaper goods abroad

    In the years I've been living here, I've seen how prices in Argentina keep rising nonstop. I'm shocked by what's happening now; the peso is so overvalued that things have become incredibly expensive. Argentina used to be known as a cheap destination in the region, but now even the most basic...
  12. CecilM

    Banking What is going on with the Blue dollar? Why is it going down?

    I think it’s best to combine both. Personally, I use my credit card for everyday expenses when the MEP and Blue rates are close, it saves the hassle of exchanging cash. But it’s always smart to keep some physical dollars as a backup for emergencies or big purchases since cash remains crucial in...
  13. CecilM

    Poverty has no limit in Argentina

    I hope you’re right, but it doesn’t feel that way for most people. In fact, we already need to brace ourselves for significant increases in gas, water (Aysa), and electricity bills in January. Similarly, while inflation is supposedly decreasing, people aren’t noticing the impact in their daily...
  14. CecilM

    What happens if Argentina gets too expensive? What are alternative cities/countries to move to when it's overpriced in Argentina?

    Meanwhile, the dollar keeps dropping... https://www.infobae.com/economia/2024/11/20/los-dolares-financieros-caen-por-sexta-rueda-consecutiva-y-la-brecha-cambiaria-es-la-mas-baja-desde-2019/
  15. CecilM

    Economy Why Argentina has the most expensive clothing in the region and which items are the most expensive to buy - Infobae

    Milei should do something about this; clothing here is very expensive. A branded T-shirt costs seven times more than one sold in the informal market and 35% more than abroad...
  16. CecilM

    Politics Having single-digit inflation is a good start

    The foods that increased the most in October: powdered flan (465%), followed by onions (354%), salt (342.6%), squash (332.9%), and lemons (332.9%). I wonder why flan went up so much? Strange...
  17. CecilM

    Poverty has no limit in Argentina

    Since Milei is the “chainsaw guy,” why doesn’t he use it on ambassador salaries, which are insanely high? It’s outrageous to know that Argentine ambassadors make over $20,000 USD in a country trying to emerge from an economic crisis, with local salaries barely reaching 900,000 pesos.
  18. CecilM

    Medical Advice for My Spine Surgery and Hospital Stay at Hospital Italiano

    Hospital Italiano is excellent, from the facilities to every professional working there. I was admitted for a minor surgery, and honestly, I had a great experience. You won’t have any issues. Best of luck with your surgery!
  19. CecilM

    Newcomer English-speaking therapist in CABA

    Alejandro is excellent, and you don’t need to worry about the language. I hope this helps! He really helped me a lot. https://therapyba.com/
  20. CecilM

    Economy What will the cost of living increases be for August 2024 (Utilities, transportation, rent, etc) ?

    Argentina is no longer a profitable country. The dollar has dropped again, and although they insist that food prices have decreased, it’s not noticeable in people’s day-to-day lives. This is one of the countries with the highest cost of living in Latin America...
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