Argentine shopkeepers struggle to keep pace with soaring prices
Sonia AVALOS
Nov 24, 2023
Annual inflation is already at 143 percent, and prices have risen further after the outgoing government this week eased price controls on basic goods
Paola Basso sighs as she hastily sticks price tags...
I’ll just leave this here and then show myself out.
The amount of nonsense and vitriol I’m expecting is past the roof.
In June, I asked what I thought was an innocent question: “What Would Dollarization Mean for Expats?”
I got many great responses, but I also got idiotic responses that don’t...
First, I'd like to say I've been in and out of Argentina for over a decade. I'm not one of those starry eyed gringos that comes to Argentina for a month, never leaves Puerto Madero and thinks everything is great.
I don't underestimate the ability of Argentina and their politicians to screw...
argentina
corruption
economy
food
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global market
growth
infrastructure
minerals
population growth
regulatory framework
resource extraction
russia-ukraine war
shale oil
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water
https://www.bloomberg.com/news/articles/2019-08-12/argentina-s-46-stock-rout-second-biggest-in-past-70-years
What is happening in Argentina now is just a harbinger for a much worse scenario in the coming year . I do not believe that most expats realise how bad it will get there in Buenos Aires...
Not that I shop at any of the stores listed in the "Title", but these stores, Ralph Lauren, Cartier, Escada, & Zenga, have all closed up Argentine operations for the foreseeable future due to the inability of them to get their merchandise into the country.
I like to take clients into the Ralph...