Thursday, October 7, 2010

Life is more expensive in Argentina

Before they devalued the peso after the 2001/2002 crisis, Buenos Aires was considered one of the most expensive cities in the world.

A data point: I recently looked into buying a domain name in Argentina ( Considering it costs $10 in the US, I figured it'd be about something similar...when really it should only be about 10 pesos (or about $2.5USD).

You know how much it was? $50. There was a cheaper registrant, I think, but it looked rather fly by night. So, 200 argentine pesos to register something that really has no good reason to cost more than about 10 pesos.

I laughed and said forget it. The government controls domain names, and the Kirchners are corrupt wannabe Hugo Chavezes. No reason to expose any business to that sort of risk, especially when it costs 500% more.

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