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That is awesome!

Agreed because there's not much citizens can do except find ways to cope which they always do. The government should be panicking though, that is for sure.

That's interesting Wally, what is so inefficient about that transport system? I would have thought labor costs would make trucking relatively inexpensive.

C'mon Uncle Wong, we all know you bought condoms too :)

I'm really sorry to hear that Betsy. I would imagine on of the great pleasures of living in BA is going out with friends in that wonderful city. I hope you all get back to that place soon.

Crazy. I was amazed at how consumer goods were so absurdly expensive there. Cheap stuff like ubers made sense because it's a third-world economy, but consumer prices really did my head in. It's ridiculous in this global economy that Argentines have to pay Soviet black market prices for...

Yes. I was just curious if a local perspective would tell me something unique because the article I read was very basic and Claude didn't add much to it.

What is the significance of Carlos Frugoni resigning? It made my news feed this morning

Maybe because the chainsaw maker went out of business :)

Interesting, how long until the next major Argentine election? Politicians are usually managing to that cycle but Milei seems to be going a bit bananas.

I'm not sure Vino, mainly because it's six months away which is a lifetime in politics. Lots will happen between now and then and what anyone's thinking right now doesn't matter much. If you had told me all the things Trump was going to do in his first year I would have bet on a Democratic...

That is awful Mike, I'm sorry to hear it. I hope good things start happening soon, because you're right nothing else matters when salaries aren't keeping up. Republicans in the US seem to understand this intuitively, but Democrats are so lost in ideology and dogma you couldn't beat them over...

Is that really true? It's not unusual in the US but from most accounts here of Argentines, they barely work one job let alone 2 or 3.

There was a funny thread about this last year. I have zero business experience in Argentina but I was visiting a good friend in BA, he told me a funny story about a local he was dating who declared "I'm a lazy person from a lazy country". We'd had a fair bit to drink, and he did fabulous job...

Why is that Wally? :)

Amazon is truly amazing in the US and that is largely due to their obsessive focus on logistics. That's why I find this failure so interesting, other companies are beating them at their favorite game.

Interesting. Amazon is truly expert at shipping and logistics, so it's surprising that Chinese companies are succeeding where they are not.

Interesting. Why do you think Temu and SHEIN are having success in Argentina while Amazon is struggling?

I think that 100% tariff is more to do with the level of govt subsidy in China. Japanese and Korean cars are superb but they're properly competitive and just pay the standard 15%.

That's really interesting Mike. It's also the kind of immigration you want to see, working hard, starting businesses and pursuing the dream. CBI programs were designed for that. It wasn't so expensive that you had to be rich but you needed the means to get invested in your citizenship and not...