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I live in Argentina. Since October 2011 the government has been enacting new legislation almost weekly to restrict citizens access to US dollars, as well as tig
by yeahsure 14y ago
I live in Argentina. Since October 2011 the government has been enacting new legislation almost weekly to restrict citizens access to US dollars, as well as tightening tax control to an almost ridiculous level.
Also, for the last couple of years the government has been restricting imports, specially if companies refuse to export something (for example, Porsche is exporting peanuts so it can bring cars into the country). Apple for example refused, so none of their products can enter the country. The only Apple store in my city closed shop a few months ago.
Finally, inflation is rampant (around 25% annually) but the government denies it and so it can collect more taxes since salaries are going up every year and more people fall into high-income tax brakets.
In a nutshell, the economy is not that bad, but the government keeps screwing up and everyone can see we're going down.
There are country-wide protests right now, here you can see them: http://tn.com.ar/envivo/24hs http://tn.com.ar/envivo/24hs
- ramoncito 14y agoI totally agree. I live here and I cannot travel abroad anymore, since the government does not allow me to buy any foreign currency. I collect payments from US using Paypal, in dollars, but I receive pesos here. There is a lot of corruption. The president said, on TV, that the people must be afraid of her. There are a lot of products that are not available anymore, for example, pacemakers (a relative of mine needs a new one and, at the moment, there are none available). A picture of the protests of today: http://sphotos-e.ak.fbcdn.net/hphotos-ak-ash4/c99.0.403.403/p403x403/383362_526614650687462_165775346_n.jpg http://sphotos-e.ak.fbcdn.net/hphotos-ak-ash4/c99.0.403.403/...