Interesting happenings are afoot here in Argentina. With the nationalization of all the private pension funds here, quite a few locals are understandably pissed. This isn’t chump change either, we’re talking in the neighborhood of $30 billion in private holdings. Being that I’m a philosophy major, I’ll point you guys to a much better analysis here.
The corruption in the government has come to be accepted, even on this scale. And after being duped at the bank during my first few weeks here, I can believe it. If we keep heading in this direction, I’m not going to be able to stay here. I have some savings in US dollars, but down here as an expat I’m earning in pesos and with the devaluation expected to eventually hit 3.5 pesos to the dollar, I’ll be in trouble. Inflation is galloping along quite nicely as well.
Buenos Aires certainly is kind to those earning in pounds, euros, or dollars, but if you’re a wet behind the ears college graduate like myself, the illusion of teaching English to get by is officially over. On the flip side, it has definitely lit a fire under my rear end to make freelancing work. Talk about incentive!
Oh, and one last PSA: don’t talk on the phone while cooking on a stove. Multitasking in the kitchen is a dangerous game. Blogging with burnt fingers is no fun.
