Recent content by sergio

https://www.lanacion.com.ar/economia/campo/se-veia-venir-granja-tres-arroyos-acumulo-mas-de-7000-millones-en-cheques-rechazados-y-hay-alerta-en-nid19022026/?utm_term=Autofeed&utm_medium=Echobox&utm_source=Twitter#Echobox=1771586579

We have been in a recession the past few months. It seems to be getting worse too. :(

Oh no. That is too bad. I keep hearing of these kind of things happening. Implosion of failing companies now.

Occupancy rates down and falling. https://www.clarin.com/economia/ciudad-crece-numero-locales-comerciales-vacios-alcanza-mayor-registro-ultimos-3-anos_0_o1F9vXZFig.html

And this doesn't count the number of companies that haven't paid their employees for the past month. Many are behind paying their staff. My friend works at Granja Tres Arroyos and he hasn't been paid in 1.5 months including their bonus they were supposed to get in December.

The IMF and USA money is keeping this anti-free market exchange rate going. People can argue if it is manipulated or not but it is and prices will stay out of control if this keeps up.

I concur with the notion that compromise is an essential element in governance. The possibility of Milei's presidency lasting only four months could be contingent on various factors within the framework of constitutional democracy. Unlike historical instances where military intervention led to...

Ah, Milei and his fellow fiscal conservatives – they're like the anti-art crusaders, wielding their budgetary swords without a care for the existential magic of the arts. Prestige, international recognition, tourism dollars – it's like they missed the memo on the secret sauce for a nation's...

Great article in the Wall Street Journal. Opinion | Javier Milei and Argentina’s Reform Trial New President Javier Milei’s free-market ideas will fail without a stable currency. www.wsj.com

Great article in the Wall Street Journal. https://www.wsj.com/articles/javier-milei-argentina-economy-reforms-868c7cd0?st=a2lz1z8ceb5qei0&reflink=desktopwebshare_permalink

It appears that many, if not all, cultural institutions funded by the government could likely function more efficiently with proper oversight. The answer doesn't lie in their elimination but in holding them accountable. An example of the challenges within these institutions is Paloma Herrera's...

It's undeniable that the Teatro Colon could benefit from streamlining its operations to become more efficient. However, the resistance to reform from the strong union complicates the process. Even with improved efficiency, the reality is that the theater will still require subsidies, especially...

IF this happens it sure won't happen soon. It would take a while to accomplish and HOW it gets accomplished no one really knows.

@Bobbie Burgers funny you should name drop about your golf match with el Presidente! I happened to be in Florida on Saturday and I played Chinese checkers with President Joe Biden. Engaging in a game of checkers with Biden was an interesting experience. I asked him about the USA economy and...

Yes, many thousands of expats in Ajijic and Chapala area outside of Guadalajara. Also there are many Americans and Canadians as well in San Miguel de Allende in Mexico. Mexico has some of the best food, amazing history and culture, close to the USA and easy to get to and very stable banking...