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I've heard that. I have a friend in global compliance at Amazon, they operate in a lot of counties so I'll ask what he knows about Argentina. I would imagine it is tough when local products are poor value and importing is expensive and unpredictable, but you would know that better than me.

Indeed. Some businesses will restructure and find ways to compete, some will find themselves unable, and others will realize their business has no natural advantage in Argentina and closing is the only option. It is painful for companies and workers but it is great for consumers and taxpayers...

https://buenosairesherald.com/business/energy/indian-company-wins-major-lng-pipe-project-in-vaca-muerta According to Gandini, it’s the first time “in Techint’s more than 70 years in the country”, that its steel company — the only local manufacturer of tubes for the oil and gas industry — has...

Absolutely Johnny! I hope to get down there sooner but if not we'll definitely meet up at the grand opening. What a great way to kick things off for new owners.

Looking forward to the grand opening Johnny! Mike says you're right below us which makes sense. Canadians above Americans, the way God intended (say what you want but geographically that is spot-on) :)

Great to hear, we're on the same payment program and it's pretty easy making transfers after the initial set-up.

You're about 18 months too late jbeas, but we all learned something here :)

I'm not sure that's a fair characterization. The blue dollar was 1500 during my visit in summer 2024 and every forecaster said the peso was still way overvalued and the blue dollar would hit 2000 by year end, but it did the exact opposite and bottomed near 1000. It's only just gotten back to...

If you inherited 40 kgs of precious metals then I'm staying at your place next visit. Maybe you can have your driver pick me up too :)

Realtor: Most people bring cash with them from the US, it saves them 2-3% in fees. Buyer: What are the risks? Realtor: You get robbed on the way from the airport. And maybe murdered. Buyer: :oops:

Such a great story Dick, thanks for sharing!

Agreed Wally, you could never get me to do that. I can't think of a worse risk vs reward scenario, other than maybe going to Venezuela as an American tourist :)

BuySellBA is really good. The process in Argentina is absurd and we wouldn't have attempted it without their help. You also pay a lot of fees and taxes to different entities but the only one adding any value is BuySellBA. The rest of them just get in the way.

BuySellBA arranged it all through an intermediary offshore, we wire funds to that entity and there is no extra fee. Definitely reach out to them if you want specifics.

Guessing we used the same developer as your sister :)

I hope so too. I still believe Milei's policies are by far the best option for Argentina, but he would have a much longer runway to create change if it wasn't for all the scandals.

Probably sharing tips on hiding stolen money :) The Ukraine is a deeply corrupt nation and would make even Argentina blush. Some scandals have come to light recently but it's always been that kind of place and I'm sure Zelenskyy is up to his neck in it.

Thank you Betsy, I was actually quite surprised that Milei would sacrifice his honor and respect for a few dollars. For awhile he held the world's attention as a crusader and a fresh face in South America, rooting out bureaucracy and corruption. The world was his oyster. Now he's just another...

I used the title Socialism and the Damage Done as sort of a parody of Neil Young's song about heroin which is another infamously tough cycle to break. The user rarely seeks help until they hit rock bottom, when the money's all gone and friends & family avoid them like the plague. Trust is the...

Makes sense. I am hopeful for Argentina but my belief is that the hole is so deep and citizens will eventually tire of the endless sacrifices, especially when their President keeps getting caught in scandals. Sooner or later another charlatan will come along promising lots of goodies and...