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Economic upheaval left the Argentine economy in shambles but its genteel soul intact. Now's the time to visit or buy.
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Spring and fall are tourist low seasons in BA and are the best times to visit. Hot summer nights, however, make for a wonderful experience. There are year-round festivals celebrating everything from fashion to dance to wine, though springtime sees the lion's share of these events. If you're here during winter, nights can drop to bone-chilling cold, so bring a warm jacket.By International Living
On Jan. 7, 2002, Argentine President Eduardo Duhalde announced default on the country's $141 billion debt and ended the peso's peg to the U.S. dollar. It was pure desperation. Thirteen people were killed a week earlier as Argentines rioted in protest of government restrictions on bank withdrawals. Unemployment rose to 20%. The economy contracted 11%. Prices on real estate fell by 30% to 70%, creating some of the best bargains in the world.


