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Steam prices have now fully changed to US Dollars in Argentina plus 100% in taxes.

StreetsofBeige

Gold Member
Quick recap about Argentina. I dont know anything about Argentina except Buenos Ares, Messi and soccer, I thought it was one of the countries in SA that was best well off. Hey, I just go by what I see. I know that years back Argentina had gone in default or something so stock markets around the world got shaky for a bit, but I didn't know it was this bad till you guys and this article recapped stuff.

 


I mean, they take away that human right that is health, like education... But does this pseudo president have his insurance paid for by the people of Argentina?

😐.

That country is in disaster.



Please,


Start at 16:40.

About the 2nd tweet: You don't know how elections work in Argentina. He won the election. His government starts on December 10th...Just a simple question: what date is today?
 
Juan Peron wrecked it in the 40’s. He nationalized the central bank, railways, telecommunications, gas, electricity, fishing, air transport steel and insurance industries. He massively expanded the welfare state.

Argentina has never recovered from this, and is still under under his spell. That famous Afuera video of Milei looks to be him finally ending this tragic nonsense.


Ah yes the evil welfare state. Doesn't explain Northern Europe does it?

No Argentinans are just corrupt and incompetent. It's a cultural problem.
 
For context, Argentina will be adopting the USD as its currency the new president announced. They're disbanding the central bank.
It's the best way to lose sovereignty, and what's more, the Americans can attack and win against anyone who uses the dollar as a currency if those who do use it go against their interests... The Argentinians are screwed if they switch to the USD...
 

Fabieter

Member
I wish the Argentinian people the best of luck solving the issues surrounding economics and the financial sector. It's a true rarity to see a libertarian having the chance to tackle this problem the libertarian way. In the short term, harsh times might be what Argentinians have to prepare for. Long term, this might be the way out of the misery Socialism has created over years.

There is so much that can fuck the economy in every way including outside influence but socialism isn't one of them. The best way to do things is so fuse socialism and capitalism.
 

deriks

4-Time GIF/Meme God
I have high hopes for Argentina

They use dollar as a secondary option since ever, still, paying taxes for it, and 100%? That's bullshit

As a brazilian, I want the new president to do good and put the overall market on the fair place. Latin America struggles too much with this, and we go to piracy basically because we can't afford a lot of stuff
 

Holammer

Member
Ah yes the evil welfare state. Doesn't explain Northern Europe does it?

No Argentinans are just corrupt and incompetent. It's a cultural problem.
Sweden gets touted as the glorious example of the welfare state and we privatized basically everything since the 80's. Railways, energy and telecommunications. The state used to be involved in everything, like steel, forestry, shipbuilding and alcohol production.
With the exception of Railways, most of it has been very successful. The Argentinian Peronists have to let go of the power & control and let private profit motivated go-getters do the work instead.
 

Heimdall_Xtreme

Jim Ryan Fanclub's #1 Member
Please,


Start at 16:40.

About the 2nd tweet: You don't know how elections work in Argentina. He won the election. His government starts on December 10th...Just a simple question: what date is today?

When private companies wanted to do business in a big way, selling the idea that state companies were of no use, only a pretext to privatize profits and democratize losses. Privatization is that, a lie that criminals like this crazy man repeat
 

STARSBarry

Gold Member
Exactly this - expect him to start ranting about the Falklands within a week of taking over as well.

Too late...


Standard British response of "your welcome to try, but we wouldn't advise it" still applys.

But yeah this move to USD is just going to completely screw over the weaker economy, this is just a more obvious and instant example of the many issues ahead of tying your currency to anouther market that you have limited control over. Sucks for the gamers over there, assuming piracy is about to take off over there big time.
 
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My country El Salvador adopted USD back in 2001 as an “alternative” but the dollar just took over just 3 months after introducing it, I would say that things are bit better but nothing to brag about it.

Lets see how it goes for the Argentinians.
 

Zathalus

Member
Well, Argentina isn't one of them. And you're using "well functioning" very liberally here.
I never said they were, they obviously have issues with corruption and other deep rooted systemic issues. As for well functioning I would say so most of western and northern Europe work quite well.
 

winjer

Gold Member
Perhaps, but still a better alternative to socialism

You are probably mistaking socialism with communism.
There are many countries, especially in Europe that have plenty of socialist measures for it's citizens. And that work very well.
Argentina overspends in it's social programs, but that's mostly because of nepotism and corruption.
They really need a reform of their social plans and economy. But throwing it all away for hyper liberalism, is not going to have good results. it's only going to make the rich even richer, and the poor much poorer.

A lot of people refer to how Argentina was a major economic power house in the beginning of the XX century, but they ignore that it was also a very unequal country. It had a society that was pretty much master and serfs.
 

Guilty_AI

Member
You are probably mistaking socialism with communism.
There are many countries, especially in Europe that have plenty of socialist measures for it's citizens. And that work very well.
Argentina overspends in it's social programs, but that's mostly because of nepotism and corruption.
They really need a reform of their social plans and economy. But throwing it all away for hyper liberalism, is not going to have good results. it's only going to make the rich even richer, and the poor much poorer.

A lot of people refer to how Argentina was a major economic power house in the beginning of the XX century, but they ignore that it was also a very unequal country. It had a society that was pretty much master and serfs.
But keep in mind that no matter how much Milei wants the country to be ultra-liberal, he won't be able to do it with the opposition. He'll only be able to put into practice a few of his liberal ideas, perhaps after some scrutiny from multiple parties. And thats a good thing.

In fact, worst case scenario for Argentina right now isn't ultra-liberal dystopia. It'd be for the opposition to never relent on absolutely anything, heavily campaign against him, cause lots of conflict and divide in the process, and as a result never getting done in the next 4 years plus leave an even more turbulent political scenario by the end of his term.
 
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Unknown?

Member


I mean, they take away that human right that is health, like education... But does this pseudo president have his insurance paid for by the people of Argentina?

😐.

That country is in disaster.



I don't see how he is taking away either of those, just replacing it. Sounds like fear mongering by tyrants that don't want to lose the power to oppress the population for their own gain.
 

SlimeGooGoo

Party Gooper
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Sweden gets touted as the glorious example of the welfare state and we privatized basically everything since the 80's. Railways, energy and telecommunications. The state used to be involved in everything, like steel, forestry, shipbuilding and alcohol production.
With the exception of Railways, most of it has been very successful. The Argentinian Peronists have to let go of the power & control and let private profit motivated go-getters do the work instead.
This.

 

StreetsofBeige

Gold Member
Can anyone translate some of these tweets? I see %'s so I assume those are inflation rates???

Heimdall, in one of your tweets linked there's a page with a guy who is circled. What does that front page say and what does that guy have to do with it?
 
Can anyone translate some of these tweets? I see %'s so I assume those are inflation rates???

Heimdall, in one of your tweets linked there's a page with a guy who is circled. What does that front page say and what does that guy have to do with it?
Heimdall tweet says:
"Javier Milei Zedillo is this close 🤏 of removing 3 zeroes to argentinian peso.

The worst argentinian crisis is coming.

🇦🇷 Milei government devalues argentinian coin by 50%.

..."
 

Heimdall_Xtreme

Jim Ryan Fanclub's #1 Member
Please explain what would be a better measure.
Let people inform themselves first, do not vote to punish someone... Do not fall into provocations... Learn more about the history and politics of the country.

There are many corrupt people and their accomplices are the media...

Especially journalism. Allowing the dollar to the country is another disaster.
 

Guilty_AI

Member
Allowing the dollar to the country is another disaster.
Thats not an uncommon measure for south american countries though. Equador did it and mostly worked to stabilize the economy.

There are alternative measures too like using the dollar as a ballast, which i think might be his intention here. In Brazil we had the "Plano Real" which involved creating a "reference currency" which would match the dollar value for a time, before turning into its own "real" (or BRL) currency.

Also managed to break hyperinflation and still remains a pretty strong currency to this day.
 
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Let people inform themselves first, do not vote to punish someone... Do not fall into provocations... Learn more about the history and politics of the country.

There are many corrupt people and their accomplices are the media...

Especially journalism. Allowing the dollar to the country is another disaster.
You should take your own advice then
 

Perrott

Gold Member
These new measures he's applied ever since assuming the presidency on December 10th have been or will be greatly benefitial to Argentinian gamers overall.

The 50% devaluation to our currency is false, since the so-called Official Dollar never existed, you couldn't buy it or do anything with it. What gamers kinda looked at when making transactions in foreign currencies was the Tourist Dollar, which consisted of the Official Dollar price + 155% in taxes (fucking thieves).

But alongside Milei's measure of increasing the price of the Official Dollar in hopes that in the mid-term we'd get rid of all these different dollar types (Official, Blue, Tourist, Crypto, Stock...) and just have to use the Official one when talking USD, he also axed the previous 155% in taxes to purchases in foreign currencies down to a 60%, promised to go down again in the future as soon as the situation allows for it.

And what does this mean? That in digital storefronts with regional prices in ARS$ such as the Xbox Store or the eShop, it is nearly 50% cheaper to buy games due to the decrease in taxes.
 
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