tag:blogger.com,1999:blog-8939666320943790100.post7419933858423907768..comments2024-02-11T01:14:21.904-08:00Comments on SURVIVING IN ARGENTINA: Portable Gas Generators and Retirement FundsFerFALhttp://www.blogger.com/profile/07578136334334588454noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8939666320943790100.post-60144429976592716442009-10-02T09:56:10.791-07:002009-10-02T09:56:10.791-07:00Apart your own home, I wouldn't count too much...Apart your own home, I wouldn't count too much on real estate for rental. Because the governement will tax whatever is captive and can't be evaded. You can't hide or delocalize a house. So the taxman has full power on you and rental revenues are too easy to tax.<br /><br />This is an important point: When building your preps, consider how the taxman will introduce himself.pompompomnoreply@blogger.comtag:blogger.com,1999:blog-8939666320943790100.post-12156543415062404082009-09-30T09:09:54.974-07:002009-09-30T09:09:54.974-07:00Hi FerFAL,
I graduated from college in 1998 and s...Hi FerFAL,<br /><br />I graduated from college in 1998 and spent a few months in early 1999 backpacking around Europe. There were hoards of young Argentinians doing the same. Since your country is fairly populous, and at the time had a large middle class, I wasn't surprised in the least, but what DID surprise me at the time was the explanation I heard constantly from these folks - "The peso being pegged to the $US has resulted in really high value of the currency, so I traded my money to $US because this won't last." They were aware that bigwigs were discussing decoupling the peso. They knew that the valuation of the currency was artificial.<br /><br />What I found most interesting was the fact that everybody seemed to be aware of what was coming... not to the degree that it did, but they knew.Some Guyhttps://www.blogger.com/profile/01211922409369113892noreply@blogger.com