The Argentine Peso Is Junk Frankly, I’m surprised that it’s taken Steam so long to make this announcement. The Argentine peso is practically worthless and is losing about 10% of its value every week. In fact, some experts forecast that it will plunge a further […]
I’ve written about Argentina’s crisis economy on numerous occasions as far back as 2015 and here we are again, eight years later, with the country on the brink of yet another financial disaster, similar in proportions to the meltdown of 2001, or possibly worse. If
How would you feel if every online purchase (except domestic purchases) you made was subject to taxes amounting to 65%? Additionally, it being non-refundable on your tax return? Well, that’s the reality in Argentina today, a country that lurches from one financial crisis to another
Devaluation In All But Name Here we go again, in what seems for many Argentines, a recurring nightmare, with the spectre of 2001 ever-present and hanging over the country like the sword of Damocles. That was the year when the country entered the record books
According to Simon Kuznets, there are four types of countries: developed, underdeveloped, Japan, and Argentina. Well, it’s not that difficult to pin down the first three, but getting your head around Argentina’s economy still taxes the minds of most people, not least those of us
