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MMMPARSLEY1

MMMPARSLEY1
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  • Argentina on the Cusp of Hyperinflation [View article]
    I visited Argentina for 2 months and was appalled by all the inefficiencies in all economic areas that I participated. The prices for many staple items are often the same (if not more) than in the USA, but the customer service and value expectation is far less.

    Argentinians are a proud lot, but they are economically naive and expectant. After a few more years of suffocation due to continued loss of purchasing power not properly supplanted by the short-term delusion of the "wealth effect", I'm hoping Argentinians lose their pride and stop selling me shit quality products for a ridiculously high price while never accepting returns. You paid for it, you are stuck with it. That's the mentality! Ok, so I'll stick to traveling in the USA and Asia and never, ever visit your shop again.

    When you incentivize the status quo, things don't improve, businesses and individuals get complacent, and existing enterprises fail to compete internationally - driving down standards of living for everybody in the country.
    May 12 08:25 AM | Likes Like |Link to Comment
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