The Expat Files - 05/11/12

-Be sure to go to www.expatwisdom.com and get more new audios, blogs, stories and my big personal report “17 Undiscovered Latin American Paradises”

This report came about after so many requests came in from folks asking me to list some of my own personal “off the radar” picks. These are places that any expat could live, work, play do business and/or retire in style for less than half of what it would take in the first world. And sure, there are hundreds more to choose from, but I had to start somewhere!

-No matter what you have heard to the contrary, there’s some very bad news coming down the pike about the future of the Argentina economy and their precarious peso. Don’t believe all the good economic news that you hear, there’s a lot being swept under the carpet. And DON’T transfer major money into a peso account no matter what rate of interest you can get. The real yearly rate of inflation (double the govt reported rate) is around 20% and you’ll eventually get ruined if you invest in anything denominated in their peso.

-The real truth about Argentina’s move to nationalize their largest oil company (which just happens to be the country’s largest US dollar revenue earner)

-The exploding waistlines of middle and lower class Latins, and the future health consequences as expressed by local medical doctors (nearly all of whom are also overweight)

-Whether you know it or not, you have a very personal Argentine connection: now for some not-so-nice revelations about the second biggest meat exporter in the world