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Sure. That's because of the permanent devaluation of our money. If you want to buy a house, they will surely ask you for dollars. There are lots of houses for sale, in ordinary neighborhoods. That's because now people sell their homes there, to buy in private/closed neighborhoods. And that's because crime is gaining more and more ground. I hope that the new president Milei will be able to reverse all this, but the truth is that I have little hope really.
Argentina has fertile land, minerals, educated people, there's no reason Argentina can't be reversed with great leaders and policies, I hope things improve and think there's a good chance they will over time.
Sorry 1 last question... Outside of BA I was also thinking of looking into Mendoza. Can anybody confirm this is a relatively safe/peaceful area of Argentina? Would it be a decent city for an expat to settle?
It seems attractive as it's in the mountains has surrounding vineyards and the metro area population being closer to 1M might be a bit more our pace. It also seems quite a bit more affordable than BA as well.
They are at the bottom so it has to go up,it cant go any lower
Their problem is more than just too many govt agencies.
China just cancelled a line of credit with Argentina??
They are at the bottom so it has to go up,it cant go any lower
Their problem is more than just too many govt agencies.
China just cancelled a line of credit with Argentina??
Don't say that. There are countries in Latin America that seems all they do is dig some more, if you know what I mean.
Sorry 1 last question... Outside of BA I was also thinking of looking into Mendoza. Can anybody confirm this is a relatively safe/peaceful area of Argentina? Would it be a decent city for an expat to settle?
What I can tell you is that Argentina currently has 40% of its population living in poverty. We all know that this is a breeding ground for crime, drug trafficking... etc.
That said, this country can fall under the general law that says: the bigger the city, the more dangerous it is. Mendoza is 20 times smaller than Buenos Aires, so we can consider it a relatively milder city.
Sorry 1 last question... Outside of BA I was also thinking of looking into Mendoza. Can anybody confirm this is a relatively safe/peaceful area of Argentina? Would it be a decent city for an expat to settle?
It seems attractive as it's in the mountains has surrounding vineyards and the metro area population being closer to 1M might be a bit more our pace. It also seems quite a bit more affordable than BA as well.
Yes, Mendoza is a relatively safe area. That area has a lot of agricultural activity. Fruit, winemaking, olive oil, etc. It’s relatively prosperous and with a low number of poor people.
What you want to avoid is “Gran Buenos Aires”, aka AMBA, aka the Buenos Aires metropolis, where millions of indigents live.
I guess we'll see.
What Milei is suggesting was tried by many african countries in the 80s, it was called a "Structural Adjustment Program". Essentially a bunch of supply side policies; reduced govt expenditure, slashing subsidies, selling off public assets. Basically it's a lifeline to the rich hoping that they will then turn around and pull the rest of the country out of poverty/recession. The poor will get screwd even more than they are currently. But the hope is that the rich will allow some of their newly increased riches to flow back to the govt and help the economy. Tough times ahead for the 40% of the Argentines currently living in poverty. It's about to get worse. Much worse.
On 12/20 Milei announced a complete open skies policy proposal (if he can get his DNU plan past parliament). So long as an airline can demonstrate sound technical and financial stability, any airline from anywhere can fly anywhere within and without Argentina. Journey only needs to begin, end, or just stop within Argentina.
That could blow the doors off a few aircraft..... Aerolinas to be privatized.
That's quite radical, at least the allowing foreign airlines to fly from one Argentinian airport to another as its entire flight. Not even the USA is like that and everyone knows the USA is very pro-customers.
In the USA foreign airlines can only fly to international airports and only from an airport in another country and back. You will never see a say Iberia flight starting in New York and ending in Miami and back or Aeroméxico from Los Ángeles to Chicago and back. Not even flights Orlando - San Juan (Puerto Rico) can be done by foreign airlines and Puerto Rico is territory of the USA but not a state. Intra-USA flying is the exclusive right of US based airlines only (Jetblue, Southwest, Delta, etc.)
The USA is also the greatest aviation industry given its size, so allowing foreign airlines to fly within the USA will add more competition that makes the customer the ultimate winner as ticket prices fall. Most American airlines will not go bankrupt because of that and yet, the government doesn't allow foreign airlines to fly within the USA only.
Other than Aerolíneas Argentinas, how many other Argentinian airlines exist?
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