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Comment: Re:Maybe people are not desperate (Score 1) 294

by xvan (#49705825) Attached to: The Solution To Argentina's Banking Problems Is To Go Cashless
Nothing involving microelectronics is produced in Tierra del Fuego. Goods are brought from Asia but ensembled here.
Then raises Importations artificially raised to keep those "home build" products competitive.

The reason to do that is geopolitical (populate Tierra del Fuego, to keep it out of Chilean ( and UK?) hands.

Comment: Re:"Cashless" is meaningless (Score 2) 294

by xvan (#49701833) Attached to: The Solution To Argentina's Banking Problems Is To Go Cashless
The math is not so easy, you need to consider the risk of being robbed vs the chance of being seized by the government.
And the main reason people don't have their money in banks is not because they're afraid of the government ( people tend to forget about the pain ), but because tax evasion and informal economy.

Comment: Re:I'm Argentinian and you are wrong (Score 1) 294

by xvan (#49701119) Attached to: The Solution To Argentina's Banking Problems Is To Go Cashless
Yes there is a helluva of Argentinians that don't agree, that's because Argentina is a big country.
But the voices of people that reach other countries are from the upper classes. They should at least speak english, have internet access/be able to travel outside of the country, and give some shit on the international view of Argentina's economy.
This people are the same subset affected by the dollar restriction, so you get biased sample pool...


To give you an scale, this news looks to me like someone saying that Tea Party represents 30% of US.

And, at some level, I believe the same thing happens with international news regarding Venezuela.

Comment: Re:Local Currencies (Score 2) 294

by xvan (#49700907) Attached to: The Solution To Argentina's Banking Problems Is To Go Cashless
Hi, Brilliant Anonymous Coward.
You are proposing your innovative idea 15 years too late.
We had that here in Argentina, it was called "Cupones de Trueque" (Barter cupons)... We used those when people were desperate (because they had no work, no pesos and nothing to eat)... It's something we don't want to go back to.
This is an example http://en.wikipedia.org/wiki/C...édito


Now people are "desperate" because they can't save their extra pesos at a rate they consider fair, It's a completely different situation, and really subjective because people freely buying dollars and taking them out of the country was what triggered (but no caused) our last crisis.

Comment: Why do we keep getting these Argentinian Economy " (Score 2) 294

by xvan (#49700649) Attached to: The Solution To Argentina's Banking Problems Is To Go Cashless
Argentina has other problems, currency is just an symptom.

1) There is no dollar outrun, there is a government that artificially keeps the dollar cheap for political / economic esoteric reasons. So it needs to prevent massive access to that cheap dollar market.
2) Most the population hardly reaches the end of month, so the "lack of dollars" issue directly affects less than 30% of it, because the rest don't even have pesos to exchange for dollars.
3) The real problem of the people is that we've no credit... No 20 years mortgages for buying a house, 6 years is the best you can get, and only in specially stable situations. So the little guy can't "invest" his little money in anything bigger than a car. That has the secondary effect that the little money you save, you need to spend it quick before the government eats it. That's good for the economy, good for the government, bad for the little guy.

All in all, this is a government that has "kept" unemployment rates low, sacrificing other economic variables. Yes, it's socialism, but that's better than what we had from previous governments. And yes, this is a corrupt government, but that doesn't really make our country a special enough to be news for nerds.

The solution of this problem is trivial and is left as an exercise for the reader.

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