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	<title>Expedition Evan &#187; Economy</title>
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	<description>Life in the US after 4 years abroad...</description>
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		<title>Money&#8230; That&#8217;s What I Want!!</title>
		<link>http://expeditionevan.com/2008/11/22/money-thats-what-i-want/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=money-thats-what-i-want</link>
		<comments>http://expeditionevan.com/2008/11/22/money-thats-what-i-want/#comments</comments>
		<pubDate>Sun, 23 Nov 2008 00:09:23 +0000</pubDate>
		<dc:creator>evankub</dc:creator>
				<category><![CDATA[Buenos Aires]]></category>
		<category><![CDATA[Expat Advice]]></category>
		<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://expeditionevan.com/?p=195</guid>
		<description><![CDATA[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&#8217;t chump change either, we&#8217;re talking in the neighborhood of $30 billion in private holdings.  Being that I&#8217;m a philosophy major, I&#8217;ll point you guys to a much better analysis [...]
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			<content:encoded><![CDATA[<p>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&#8217;t chump change either, we&#8217;re talking in the neighborhood of $30 billion in private holdings.  Being that I&#8217;m a philosophy major, I&#8217;ll point you guys to a much better analysis <a href="http://www.argentinepost.com/2008/10/learning-from-argentina-how-not-to-deepen-the-global-crisis.html" target="_blank">here.</a></p>
<p>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&#8217;m not going to be able to stay here.  I have some savings in US dollars, but down here as an expat I&#8217;m earning in pesos and with the devaluation expected to eventually hit 3.5 pesos to the dollar, I&#8217;ll be in trouble.  Inflation is galloping along quite nicely as well.</p>
<p>Buenos Aires certainly is kind to those earning in pounds, euros, or dollars, but if you&#8217;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!</p>
<p>Oh, and one last PSA: <span style="text-decoration: underline;">don&#8217;t talk on the phone while cooking on a stove</span>.  Multitasking in the kitchen is a dangerous game.  Blogging with burnt fingers is no fun.</p>
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