173200+ entries in 0.042s
mircea_popescu: this is why it's always a good idea to liberalize : the price on the black market ALWAYS drops as a result.
mircea_popescu: should the damned thing liberalize the new price would be 1.1 bn dollars matching 10.5bn pesos, or roughly speaking... 10. a 40% drop from it's black market rate of 16.
mircea_popescu: specifically : if say peasants sell 1bn dollars worth of soy, and get 9bn pesos for it ; whereas dumbass middle aged women spend 100mn dollars on shoes and perfumes because they don't wish to admit to me they're subhuman, for which they pay 1.5bn pesos,
mircea_popescu: new government decided this nonsense can't caqrry on, and wants to liberalize the dollar. this, logically, would make the price drop.
mircea_popescu: this means the farmers were paying 50% tax on top of all the other taxes.
mircea_popescu: now, the scam they had going was that they were paying the farmers 9 pesos to the dollar they got for the soy. because farmers are hostage, what are they gonna do, buy their own tanks ?
mircea_popescu: meanwhile, the contact points with the outside economy are controlled as well as they can be (they can't be - most of the local trade is in the hands of the chinese, who own the proud but stupid argentine. whenever i want to move dollars, or to dispose of any other actyual economic or poltiical matters, i talk to an asian person. no exceptions. i wouldn't break a date with han because macri called, sort of thing)
mircea_popescu: instead, it mostly went into a game of real estate musical chairs. everyone in buenos aires is a lawyer though nobody practices , and everyone owns property, which they keep trading to each other at ridiculous valuations.
mircea_popescu: because the stupidity of a typical argentine is only matched by his pretentiousness, this worthless paper issue did not result in much devaluation of the currency
mircea_popescu: part and parcel of all this, a LOT of empty peso printing, creating immense piles of worthless pesos sloshing around.
mircea_popescu: the government has for many years run it very badly. specifically, instead of borrowing in europe and then pumping those resources into development in the huge provinces (argentina is much larger than europe), it borrowed in europe, squandered most of it for supporting the pretense of dumbass, worthless middleaged women, and a tiny sliver on buying cheap food for poor people to turn out the vote.
mircea_popescu: so : argentina has many problems, economically, all of which reduce to "it's a country of 40mn useless douches, of which ~10 mn pretend to live like they saw in various imported tv shows, while the country is unfit to even export raw meat, so it lost those contracts and is now exporting soy"
mircea_popescu: what is this, socialism ? need ain't a consideration comrade.
mircea_popescu: i dunno why everyone acts like this 300 old bit of wisdom (in french) is novel.
mircea_popescu: tanks are only useful if not used. they're the police equivalent of nuclear weapons.
mircea_popescu: it's a fucking convention. the notion that you walk in and it's yours is neither falser nor truerer than the notion you say hi to a girl and she takes you to her place.
mircea_popescu: asciilifeform he has a point when he says this is common in europe. it is.
mircea_popescu: at any rate, the idea isn't to " attempts to prevent the foreclosure of people's homes". for one thing, you don't try, you do. for the other thing, you take every bit of real property the bank "owns" away from the bank.
mircea_popescu: alf would suspect this is deliberate. maybe it is. maybe they're just as dumb as a box of rocks.
mircea_popescu: punkman note the "concept squatting". they're specifically NOT doing the right thing.
mircea_popescu: mno. because once an OVP movement shows up, the company either does the hookup or gets burned down.
mircea_popescu: that would be revolutionary, and disrupting and whatnot : have a social media outlet where people can give themselves deeds for abandoned property, and everyone signs.
mircea_popescu: so bizarre that "the people" would want to "occupy wall street" instead of citizen deed themselves into any vacant property.
mircea_popescu: asciilifeform wikipedia's finally getting garbage collected ?
mircea_popescu: (nothing, but people keep going on about the success it denotes or something)
mircea_popescu: i've been in "every mainstream media" like they say. whatever the fuck that's worth.
mircea_popescu: or a bunch of hungry chinese "courtiers" doing exactly the same, pre-british invasion
mircea_popescu: you have already seen the floor. a bunch of hungry people in ugly cheap suits moving flimsy paper around, with stamp ink shortages, as in moscow 1985
mircea_popescu: just about par for the course for "government helped you"
mircea_popescu: post-tsa, a dollar is worth ten cents, and same exact airship is worth... ten million.
mircea_popescu: pre-tsa a dollar was worth a dollar, and an airship capable of taking a few hundred people across the atlantic was worth a coupla hundred million dollars.
mircea_popescu: what the everloving fuck are they smoking over in the socialist republic of cambridge
mircea_popescu: "implying mastery of people seems both inappropriate and ill-founded" ?!
mircea_popescu: was mostly curious if she translated on the sly some previous ru text
mircea_popescu: the douche thinks this can be successful, in any sense. i rest.
mircea_popescu: infoDev. We could list countless press and media coverage from all around the world. But here is what we could not do: we simply failed in creating a scalable business!"
mircea_popescu: defined by having investors believe in your team, your business, and your product, we successfully raised capital from the top super angel and angel investor in Silicon Valley. We are the first company from Vietnam that got accepted to the most prestigious accelerator program in the world. From 90 countries around the world, our Whiteboard app won No. 1 in the Dragon’s Den Pitching Competition by the World Bank’s
mircea_popescu: "If success is defined by creating awesome products, we created apps that have been downloaded 15 million times across iOS, Android, and the Mac App Store. If success is defined by people using the product, we still have over a quarter of a million users actively using our apps around the world. If success is defined by making money for the business, we put in our bank account $1 million in total revenue. If success is
mircea_popescu: ascii_field if that were it the 50 times would take 1 minute.
mircea_popescu: i mean don't get me wrong, it's a theory, but that's about it.
mircea_popescu: i saw it but i'm not persuaded it explains anything. what, exactly, someone can't just walk into the dc copy the server ?
mircea_popescu: oh look at that, from back in the days ben_vulpes wasn't too ashamed of random mishap to show up in b-a ? :D
mircea_popescu: you can't run a bar by giving out free drinks. you CAN however, and if you have any sense you DO run a bar by giving away free tits.