In July of 2001, Standard and Poor's (S&P) cut the credit rating of Argentina. S&P did the exact same thing to the U.S. score ten decades later (2011). There was uproar from the halls of Congress about this though arguably, the lower credit score could have come much sooner. To make matters worse, U.S. credit agencies allowed pristine ratings to mortgage-backed securities in their heyday. Fitch, another credit bureau, is warning of further action against the U.S. this year.

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Always one to attempt to comprehend the relation of politics and economics, I asked our contact what life was like for the average Argentinian in Buenos Aires. She related how expensive it was to buy items that were imported. This resulted from their most recent crisis of 2001-2002. When I mentioned traveling she looked at me cross-eyed. There was no way without saving for some time that was possible for her.