Argentina: Two Years Later - Life, Markets, and Memes

06.2024

Two Years in Argentina — Everything’s the Same, and That’s Great

Two years later, Argentina still delivers. Easy legalization, same strong passport (ranked 11th globally), and the same infuriatingly slow bureaucracy (don’t DIY this without legal pros). Still one of the most open, diverse, and expressive societies. Nature? Still unbeatable — mountains, glaciers, volcanoes, whales. Buenos Aires is as lovely as ever, filled with art shows and music festivals. The whales even brought their babies and will be back next spring.

Yes, Prices Went Up - But Still Laughably Cheap

Okay, steaks aren’t $10 anymore - they’re $20. Tragic. And a nanny/gardener/cleaner is now $3 an hour instead of $2. The horror.

What’s New? Just a Rockstar President and Capitalist Shift

The only real change? Argentina now has a wildly entertaining president who kisses adult film stars on stage, takes selfies with Elon Musk, and claims he’s turning the economy toward capitalism. Let’s see what happens.

Market and Policy Updates That Actually Matter

Some real improvements:

1. My portfolio of Argentine stocks is up 53% in USD in 6 months (hi skeptics).
2. Banks now support transactions in USD and crypto with no restrictions.
3. You can sign contracts in any currency - even meme coins.
4. The peso is stronger and inflation is down noticeably.

What We’re Waiting For (and Laughing at Weekly)

Looking forward to lower import taxes, rising real estate prices - and of course, a fresh wave of local memes every week.

P.S. Even I Learned Spanish - You Can Too

Still wondering why people complain about Argentina?