Sunday, July 15, 2007

Economics wizard

I read this in Argentina's Minister of Planning, Julio de Vido, earns AR$8,494 a month (roughly $2,800 Canadian) but pays a rent of U$S 3,000 per month for the appartment in which he lives. So, basically, he has to borrow a few hundreds just to pay the rent, and then lives from what he hunts and fishes for the rest of the month.

Still, he managed to buy a U$S 750,000 farm in Zarate, 95Km north of Buenos Aires.

If that's not good planning, then I don't know what that is.

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