Milei's 14 point loss in the Bs As provinical election early September made many , including myself, think that there was no way he would win more than a few seats in the mid term elections.
A couple of friends who are party members actually said to me that the best result they could hope for...
Yip
Its going to float between 1450 and 1550 for the next nonth or so and then crawl up to 1600
Thats my opinion
But I also said that Milei was going to lose the election and look what happened...
Apparently he had been having problems with someone in the governmnet and some of the party officials.
But as ever no information , just lots of rumours.
That's the worst thing - it's a guessing game.
We all agree that the current exchange rate does not reflect the true value of the peso, but we are unable to agree on what the correct value may be!
And no one is really sure what the USA cash injection really means and if Argetina has put up any...
The true answer is no one really knows.
If he loses , the result may already be built in to market expectations
If he gets a "draw" , there might be a slight recovery.
Hard one to call ....
Milei may not be running but his credibility certainly is.
The bail out from the USA gives him some breathing space and stability for the peso.
A good result will bring us two years of agressive Milei anarcho capitalism
A bad result and Milei will be on his own and the peso up to 2,000
But...
I am not sure about the top schhols but it is certainly tRUe with the mid range schools in CABA and in te province.
They have the same salary agreement as state schools but will get a small plus for being in th eprivate secor.
They get all the percentage increases that the teachers in th state...
@Betsy Ross , sorry I missed this.
Last month's fee was USD$750 - next month close to 800
That's what my friends in Europe are paying
Teachers here earn between 600 and 700 per month in the private sector
But many will do extra hours in different schools to build up their earnings
These are my...