Today is another important day in our quarantine because further businesses are allowed to open. However, given the City Governor, Mr. Larreta, decided we are still in the previous stricter phase, it is not clear to me if we can go to these shops or if they are allowed to work closed-door, only.

For example, my husband has been craving some fuggazzeta from La Mezzetta. Their delivery doesn't get to our place, but they posted that you can now go pick the order yourself. I am baffled because I didn't understand that we could out for food so loosely, yet.

https://www.facebook.com/pizzeria.lamezzetta/posts/10158413024708293

They have also announced that this week, some open-air market will open again, albeit with some changes, and public transport resume their normal schedule.

Has anybody any clue?

I penned a short article on this very subject.

Lockdown Lunacy?

Looks like quite a lot happens in Chivilcoy.

https://dechivilcoy.com.ar

Seems your mayor, Guillermo Britos, has a brother, Fabio. They like to keep it in the family then?

I applied for the 0% interest, government sponsored credit card up to AR$60,000 which also pays for three months of your self-employed tax contributions (monotribuito) and at the same time, opened a savings account with debit card at Banco Ciudad which is free of any charges. I must say that both procedures were hassle-free and all I have to do now is to wait for the cards to arrive by post.

Personally, I won't be using the credit card and will be leaving it to our in-house accountant to take advantage of the zero interest usage as she sees fit, mainly because I never wanted a credit card in the first place.

It's worth pointing out that you have to have your AFIP status in order and are invoicing regularly as a self employed person, something a good accountant can help with.

Shame I can't go out on a spending spree

This from The Essential:

Two Cents...

• The Argentine peso is in free fall, trading at 190 per US dollar in the country's black markets, after the latest Central Bank restrictions to protect the country's foreign currency reserves failed to halt the run to safety, as anticipated by The Essential. The government has continued making small announcements each week to try to make peso investments more attractive, but only a stronger change of course will be able to switch expectations.
• One of Argentina's largest businessmen, Gustavo Grobocopatel, announced earlier today that he will follow on the footsteps of Mercado Libre's founder and CEO Marcos Galperin, and move to neighboring Uruguay, after exiting his successful agricultural firm Los Grobo, a modern giant in Argentina's agricultural sector, a trend that has accelerated after the Peronist victory in the 2019 presidential election.

https://www.thebubble.com

I had no idea the province was so heavily in debt, but can clearly see Kicillof's intransigence.

https://finance.yahoo.com/news…enos-aires-110000819.html

Quote from GlasgowJohn

Moneylenders make more money lending to poor people / countries.

Has always been the case and unfortunately always will be.

It must definitely be the case, but I have no idea how. Can you explain it to me like if I was a 5 years old?

Quote from serafina

It must definitely be the case, but I have no idea how. Can you explain it to me like if I was a 5 years old?

Because the borrower is usually desperate and the lender will always be able to charge a punishing interest rate?