oakley vault 8 bizarre things that only hap

8 bizarre things that only happen in emerging market Argentina

Last week, the Argentine government devalued its currency and prices soared. It was just one step on a long road to getting Argentina economy back in order as the Central Bank currency reserves dip to dangerous levels.

It been chaotic, but Argentines don sweat it. They seen this before.

Economic crashes, underground dollar exchanges, Rolling Stones cults, and a string of five Presidents in two weeks in 2001 Argentina is a crazy place.

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The South American country is rich with resources, but often broke. As a result, Argentines are so accustomed to political and economic turmoil that they adopted a bunch of interesting coping mechanisms habits that help them get through the disorder.

And then there the stuff that just comes out of left field.

Gonzalo Otalora does not much care what he looks like. He planted himself in front of the presidential palace, the Casa Rosada or Pink House, to harangue President Nestor Kirchner to change the law.

It not fair, he said. The beautiful people get all the breaks. a loyal comrade because our childhoods were very similar. He also had thick glasses and spots. They also made fun of him.

And your application can easily be rejected.

To stem capital flight from the country, the government has placed restrictions on currency exchanges and travel.

Any Argentine wishing to buy dollars to travel abroad must provide their tax identification number to the tax agency (AFIP) and declare where, when and why they are travel ling. Even after waiting in long queues and filling in stacks of paperwork, would be travelers are often refused dollars, or granted miserly sums that would hardly cover a souvenir snow globe. When recently asked to explain how AFIP determines the allotment of dollars, its director bumbled: “It is a formula that is periodically changed that has ingredients from the central bank, AFIP and God. The truth? I can’t explain it because I don’t know exactly how it operates.”

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