04 September 2012

ARGENTINA : Cristina's Currency Control Crackdowns Depress Citizens.


      Every week seems to bring new currency controls from Buenos Aires...and with them...a growing feeling by citizens of being trapped inside Argentina.
      President Cristina Fernandez wants dollars to stay inside her nation...so many new measures have been levied...to keep the peso from weakening further.
      First monitoring of credit cards...with 15% surcharges...and last week...the same measures for debit cards and online purchases.
      There seems to be no end to new governmental fiscal controls and snooping.