It's not just the national laws with the change of government that make running a business in Argentina extremely difficult, but also local bureaucracy.
An exchange house (casa de cambio), Columbus, that has been in Lavalle St since 1966 closed its doors yesterday due to the exchange clamp (cepo) of USD200 per month. On the very same day, yesterday, they were raided by the Naval Police (prefectura), the Federal Police and the central bank, ransacking their offices in a final act of humiliation.
Another exchange house will close soon, like many others, since neither this government or Macri's have ever been sympathetic to these types of businesses.
That's people out of work, in short.
Another is a B&B in Nuñez, plagued by local bye-laws, local taxes and mindless bureaucracy has decided to simply let all their rooms as rentals.
I mention these three examples as they are clients of an accountant very close to me, so the knock-on effects are enormous.
Even in difficult times, Argentina seems set on shooting itself in the foot, time after time.