Tuesday, January 14, 2025

Walking on Top of the Flack

 

Walking on Top of the Flack

 

Back in WWII, the flack would be so heavy that pilots thought they might be able to walk on the stuff.  So, imagine, if you will, Bugs Bunny, walking on top of this flack, chomping down on a carrot.  He looks down, and says, “Hey, Doc, thanks for providing this foot path.”  Then, of course, the flacks stops, he looks at the audience, and says, “Uh-oh.”

Think of the flack as all the argument against the bull market, yet it continues up.  There was a huge rally from 2015 to 2021 as:

1.  Interest rates go to zero.

2.  Quantitative easings

              QE1 – 2008

              QE2 – 2010

              QE3 – 2012

              QE4 – 2020

3.  The Trump Tax Cuts – 2017

4.  The Federal Reserve Balance Sheet expanded from $1 trillion to $9 trillion in the years 2008-2022. 

So, there has been massive stimulus over the 2008-2021 period, and then when the Covid crisis hit, the Fed increased its balance sheet from $4 trillion to $9 trillion during 2019 to 2022.  Since 2022, the Fed has allowed bonds to mature, and has done some selling of its huge portfolio, so the balance sheet has declined from the $9 trillion peak to $7 trillion.  Jay Powell seems like a reasonable man in the job that he is in.

So, one argument for the tremendous rally is stimulus like the America has never seen.  Jeremy Grantham said this has caused a tremendous asset bubble across all classes.  One hopes that there is still something in the cabinet if we need it.  Because the Japanese dropped interest rates to zero, and there was still no interest in the market.  The Japanese ended up stimulating the economy through repeated infrastructure works, but their national debt is even at a higher level compared to GDP than ours in the U.S.  Is that a look into our own future?

Warren Buffett and Berkshire – the meaning of the cash build

Berkshire compares its results against the S&P 500, but Berkshire is doing something now that the S&P cannot do, and which might goose its results eventually against the S&P.  It is accumulating cash.  The S&P 500 is always fully invested.  Ideally, Berkshire would invest when there is a dip in the S&P 500, but that’s not the way Buffett actually thinks, and if he sees something he likes, he’ll be buying it.  He’s explained that in 2008, he’d already used most of his dry powder.  Here are the significant facts we are faced with:

1.  He is selling Apple at 36x.

2.  He is not buying Berkshire at 12x.

3.  He is not accumulating bitcoin.

4.  He is accumulating cash.  Dollars.  $325 billion, last reading.

This might be a possible explanation, though I have not heard an explanation from His Omaha-ness:  Apple is a great brand, which explains the high P/E, maybe he feels it has gotten ahead of itself.  His sales may not get explained for years.  Meanwhile Berkshire owns insurance companies, a railroad, and other typically low P/E companies, and he must feel that it is fully priced at this point at 12x of earnings.

The Scope of the Problem

1.  Warren Buffett has examined every company of a certain size within his circle of competence.  The S&P is only 500 companies.  When he was a kid he read the whole of Moody’s – twice.  Take out the tech companies, and the drug companies, maybe it’s only 400.  But it doesn’t matter really, his memory of most of these companies goes back decades.

2.  Apparently, not one of those companies is priced within his willingness to buy.

Warren Buffett is a walking encyclopedia of companies.  When he fails to find a company to buy, here is what that means.  He followed these large companies for years and years.  For example, when he bought into GEICO in the mid 1970s he had 25 years of experience with GEICO because Benjamin Graham was a stockholder and eventually a director of the company, and he used it as an example when Warren Buffett studied with Graham at Columbia University in 1950.  So, if you add Graham’s 15 or 20 years of experience with GEICO to Buffett’s, you are talking about 40 years of experience with the company, when he bought in.  They had had a bit problem with underwriting.  They had started writing drivers without the superior record they formerly insured.  When he bought into GEICO, initially as an investor in the mid 1970s, he brought in John Byrne from Fireman’s Fund to be the CEO, and cut a reinsurance deal with State Farm.  He knew if he went back to underwriting superior drivers, results would improve, which would bring dividends, and Buffett’s specialty is investing those excess profits.

Not outside his CofC, for example, was Burlington Northern.  He likes these kinds of things.  A train of 100 cars has an advantage over trucking.  A truck requires a power unit for every van of cargo.  A train requires one to four power units depending on the grade it will be powering up (or down), and that may only require two drivers versus 100 drivers.  Further, he can understand that you can often stack one cargo van on top of another.  He understands and likes these kinds of situations, and he understands the economics.

Apple, under Steve Jobs, inventing new products, especially the iPhone, was outside Buffett’s circle of competence.  But once he saw that it was a brand, and brand or franchise of exceptional value, he was fine with it.  It suited his purposes.  Its capitalization was large and he could invest billions.  As he would say, investors do crazy things when they are enthused about the market, and he thought that might happen to Apple.  He bought it at a P/E of 10-12, and now the stock selling at 36 times earnings, so that’s a gain of 2.6x, plus earnings have gone up, so maybe it’s even more of a gain.  And understand, typically huge companies, GDP companies (companies so large that they reflect the GDP of the countries they operate in) do not typically trade at very high P/E’s, 10 or so, because they cannot deliver outsized growth.  All they can do is match GDP, which is typically low growth.

3.  So, when we are saying that Buffett is not finding companies worth buying, he is actually saying (without saying, another Buffett’s specialties), is that from his bottom-up approach, that the whole market is very pricey, and he’s looked at every single company within that S&P universe.  He would be at pains to explain that he’s only talking about companies within his “circle of competence.”  This would exclude many biotech, AI, semiconductor chip companies, which lie outside of that competence.

But to reiterate, I am not privy to his short list to buy, but apparently, the list is empty, and as he is likely to say, looking at all these high-priced companies, if a thing looks too good to be true, it probably is.  That was Bernie Madoff’s point.  His investors were getting a better return than they could ever expect, and they should have asked how he did it.  So, he thought of them as losers, not victims.  Madoff never invested the money; it was all in a Chase checking account.  A true Ponzi scheme.  And that may be true of the times we are living in.  If stock prices are too good to be true…

But what this is saying to the rest of us is:  beware.  Be wary.  Buffett will be there if one these companies stumbles and falls, and he thinks he understands the dynamics of the company, he will either invest, or buy it outright.  (Think American Express during the salad oil crisis, think GEICO).  But he may be there when if there is a large market crack, and stocks fall.  So he’s not a timer, he’s an alligator, waiting for prey to be of a certain size and a certain distance from his chompers.  And sometimes he gets opportunities the rest of us don’t get.  Private companies, where he feels he understands the dynamics, the owners are honest and reliable, the price not ridiculous, the prospects look good, why he might suddenly buy something like that.  Mars Inc. is a business he would consider buying if the price were right.  Perhaps they would sell to solve for family inheritance reasons.

3.  Buffett has never been fond of buybacks; nevertheless, he has bought back shares of Berkshire when the price was right.  But now he even finds shares of Berkshire higher than he is willing to pay.  Failing to find any company in the S&P in his price range, and Berkshire now higher than his price range, the cash continues to build at a rate that quite astounding.  It looks like he will continue selling Apple into the rally, perhaps only because he thinks he can take that money and find better bargains.

Buffett is telling us (while only telling us this in his non-telling way) that this is probably not a wonderful time to invest in stocks.  He will simply accumulate cash until a good opportunity comes his way.  If a stock market collapse should occur, and he still has the cash, that will be an accident.  He will remind you that in the last collapse in 2008, that he didn’t have that much dry powder left. 

To sum up.  Buffett has looked at most of the S&P 500 on an on-going basis, and the prices are not attractive.  He is waiting for better prices, but that might end up being pretty much the same thing as waiting for a market correction, though I take that to be more of a coincidence.

He’s probably the best investor in the world, and if he cannot find any bargains, all the buying must be being done by lesser lights.  When I first started investing in 1975, picking my stocks from Value Line’s 3-to-5 year list, just about anything I bought went up.  Doubled or tripled.  If I had had the right temperament, some of them would have returned 10 times what I paid for them.  On the other hand, it feels that almost anything I buy now will go down by 40% to 70%.  Too risky for me.

Animal Spirits and a streak of defiance

The main case for a market going to Mt. Fuji highs is that animal spirits are beyond the beyond.  High spirits, which were magnified by the easy money (ridiculously low interest rates, QE, more QE) policy of the Fed during the teens started it.  But by the time of Covid, even the little guy was putting his stimulus checks into the market.  There was and still exists a streak of “anti-“ in the nation for stocks like Beyond Beef, AMC, Gamestop.  A desire to Defy, to disrupt, to unseat the norm.  It is a cultural phenomenon beyond the scope of this article.  This streak seems to explain the popularity of Trump - to strike out against the swamp, the enemy within, the deep state.  The little guy investor, who wants to take out the seasoned professional.  Certainly, they did for a time, like Spartacus, make waves.  Beyond Beef, AMC, and Gamestop all went way the hell up.  But Spartacus did not triumph.  And while that particular craziness may have subsided, it turns out that most of those people have moved on to bitcoin, and the cryptos.

 

The Case for Bitcoin

Bitcoin represents a couple of things. 

1.  There is a fixed amount of the stuff.  21 million bitcoins.

2.  There is a cool technology behind it called blockchain.  Blockchain is an accounting technology that may turn out be a useful.

3.  The chance to strike out against the establishment, the dollar.

4.  Bitcoin goes up as trading milestones are achieved, such as:

Corporate Treasury Adoption (Dec 2017) by Microstrategy

Chicago Mercantile Exchange launches cryptocurrency contracts (2017)

Trillion Dollar Milestone (Feb 2021)

National Adoption by El Salvador (Feb 2021)

ETF created by Blackrock (January 2024)

Bitcoin hits 6 figures (Dec 2024)

 

Traders have a new goal now.  They want the U.S. government to create a “strategic reserve,” such as it maintains for oil.

And traders are buoyed by another positive non-event event, Trump likes it.  (So, he might create a strategic reserve).  If Trump backs bitcoin, that may seal unhappy things for his career, and seal disastrous things for the U.S.  The Federal Reserve is not interested.

But if you look closely at these trading milestones, they are relatively meaningless, it looks like a house of cards.

Important questions

Will Bitcoin work as a gold replacement?

Bitcoin is somewhat like gold.  There is an apparent limit.  Bitcoin has a 21 million bitcoin limit.  And all the gold in the world is equal to a cube 72 feet in all directions.

In both cases you can mine for more of the stuff.  Bitcoin requires massive computing power.  You can do it yourself with an ASIC, an application specific integrated circuit, a dedicated computer, but the downside is that the machine won’t be of any use to you if you get tired of mining. 

1.  What if we have to choose between gold mining and bitcoin mining?

Gold is usually mined together with copper and other metals.  Copper is king.  It is used practically everywhere from plumbing to circuit boards.  So, gold and copper mining will never be halted.  And for the criminals, one advantage of gold over bitcoin, is that gold can be melted down, and that can make it hard if not impossible to identify the source.  Bitcoin, on the other hand, is married to an accounting program which can give you some kind of ownership identification. 

2.   What if we have to choose between bitcoin mining and AI training?

Both gold and bitcoin require vast amounts of energy to mine.  At least in the case of gold, you end up with an actual elemental substance which is a great conductor of electricity, and has manufacturing, artistic, and is a store of value.  With bitcoin you get more bitcoin, which at the moment, is convertible to actual U.S. cash at a very substantial rate, but may have no intrinsic value like gold.  If the environmentalists have their way, or if there is a shortage of energy, it could be that bitcoin mining could be halted temporarily or permanently.  But what if it were a case of energy going to bitcoin mining versus the very large needs of AI for training, guess which is going under the bus?  It will be bitcoin mining.  AI has practical uses that bitcoin does not have.

3.  Would the government ever halt bitcoin mining for a moral or legal purpose?

A possible disadvantage of bitcoin, depending on your ethical core, is that bitcoin came into its own so that people who disabled and ransomed computers could receive payment over the internet, and get rid of it before it gets traced.  Also, it is used extensively in money laundering.  A lot of them were Russians.  So, that means that anyone trading bitcoin is helping to make a market for thieves. 

With a president with all manner of unseemly behavior, sexual transgressions, preventing the transfer of power, keeping classified documents, which the government asked to be returned (but were not), this is not a moment of high ethical standards.  Indeed, it appears that he doesn’t want anyone in his government who smarter than he is, and many also have a sexual record, and whose only virtue is loyalty to Trump.  We will see how this works out for the nation.

The Case Against Bitcoin

1.  There is a fixed amount of crypto.  So, that governments could not manipulate the currency.  This is supposed to prevent the degradation of the currency, and maintain its value.   But it would not allow the Federal Reserve to reduce interest rates to zero, and to buy back mortgage and government bonds, and to stimulate the economy.  Its inflexibility could turn out to be its very downfall.  But wait, now stories are appearing that suggest the total amount of bitcoin may not be inflexible, and the supply may change.  But if it can change the number of bitcoin, the very point of its existence may be called into question.

2.  Bitcoin is not a currency.  It is not a currency because it is not used as a currency.  It is not really used to pay debt obligations or to buy goods.  So, what is it?  It is a store of value, something like gold.  Well, it is some kind of futuristic gold, which uses an accounting program called blockchain, which is seen as a cool technology.  As a store of value, it holds its value as people bid it up.  And there is another reason why, as of now, it is not likely to be used as currency, it is extremely volatile.  While this may work when it doubles, it is unacceptable to most businesses when it drops by, say, 10% in a day.

3.  Buffett would ask, why would I want to own something that does not earn anything when I could buy companies with earnings?  He’s not a particular fan of gold and silver, either.  He and Jamie Dimon would much rather own a company that is earning profits than to hold a store of value.

 

                                                                          [Sam Bankman-Fried - bankrupt, criminal]

 

Case in point.  Sam Bankman-Fried, crypto tycoon was at one point a billionaire, in fact, he was up to $15 billion.  Nevertheless, Sam was convicted of wire fraud, commodities fraud, securities fraud, money laundering, and campaign finance violations.  He suffered the largest one-day drop in wealth, when he lost 94% of his wealth.  Meanwhile, he was doing good by contributing to politicians.  But he is not as clever about power as Trump.  Trump got elected president, and most of his lawsuits went away.  Maybe he will pardon Bankman-Fried, if someone gives him [Trump] enough crypto. 

The concern is that the total of all bitcoin is worth $1.39 trillion, and all of the crypto in the world is worth $3.64 trillion.  This is a lot of money, and if there were a sudden re-appraisal of the value of crypto, that could have real effects – recession at least.  The loss of wealth would have a sudden negative wealth effect on many people, and they would adjust their spending down.  This would not be a happy thing for the economy.

Meanwhile, the dollar is a fiat currency, so like bitcoin, it’s nothing.  It is a theoretical construct, but it requires the confidence of the two parties, the one giving the currency to pay for something, and the party receiving it.  Confidence in the dollar is backed by the USA:

330 million people who use it in the United States, and more millions throughout the world.  I noticed a long time ago in my trips to Argentina to dance tango and avoid Chicago weather, real estate is quoted only in USD.  At closing, attaches of money are exchanged.  And according to the New York Times 10% of all paper U.S. currency, about $200 billion, is inside Argentina.

12 knowledgeable people run the Federal Reserve, these are not all bottom-of-the-barrel second term Trump appointees, these are real experts.  Jay Powell was chosen when Trump still made some first class appointees in his first term.

15 of the top 20 research universities are situated in the USA

Silicon Valley is in the USA

1.5 million troops

$55 trillion worth of stocks of the $111 trillion in the world


Bitcoin is not backed by these kinds of things, so far.

You will know that the speculative crazies are over if bitcoin collapses.  I don’t think bitcoin is going away, but let’s think about that, CDO’s (Collateralized Debt Obligations) were a big thing in 2008, but I never hear about them anymore.

The experts on bitcoin:

Warren Buffett and Charlie Munger:  Rat poison, rat poison squared.

Jamie Dimon:  Pet rock.  Bitcoin does nothing.  See here.

Jeremy Grantham:  Bitcoin, crypto lack intrinsic value.

 

 

AI and Machine Learning

AI has given us something to think about.  AI bounces a problem through its neural network.  The use of weights, changing weights as solutions work better, makes it look like instant evolution.  Used to be that you had to change the DNA, and see how it played out in the real world.  Or change the hand axe until it fit for a particular problem, cracking bones for marrow, cracking nuts to get at the meat, and so on.  Now you can run it through its paces in seconds with the use of ultra-fast chips.

So, it can change weights of its answers as it gets better and better at chess, and it can do in a day what might take human chess players hundreds of years.

On the other hand, will people actually pay to see recycled and regurgitated Wikipedia articles?  Or will this just become another overhead expense for the search engines?  Apparently, there are some excellent applications that have already been developed such as for calling up modular code blocks for software engineers.

Some apparently crazy investing money has gone into AI, but here earnings have gone up rather remarkably, which supports such investing.  Companies such as Google, Microsoft, Apple and others have powered up their own search engines, but there is a question about whether these really significant costs can be passed on to the consumer.

Crazy Speculation has moved to bitcoin

The crazy small-guy speculation where Covid stimulus checks went into AMC and GameStop have now moved on to bitcoin.  The Wall Street Journal wrote rather a disheartening article entitled, “More Men Are Addicted to the ‘Crack Cocaine’ of the Stock Market.”   A lot of stock market investors are ending up in Gambler’s anonymous meetings.  With the Robinhood app on your phone, people find they cannot stop betting.  Options trading is hitting new records.  This obviously not a market where people feel they are down in the dumps.  It is probably closer to the top of a market.  The kind of market that Alan Greenspan would call, “irrational exuberance.”  So, keep your head.

Stocks go both Up and Down

Both ways.  Since 1975 or so, the market has been a rocket to outer space.  People forget that stocks can also go down.  This is a whole generation that doesn’t really believe there can be down periods.

                         S&P 500  [https://www.macrotrends.net/2324/sp-500-historical-chart-data]

The point of this graph is that it shows that stocks really didn’t do much from its starting point of 1929 thru 1980.  That’s 50 years of nothing.




                                                                   Nikkei [https://en.wikipedia.org/wiki/Nikkei_225]

The point of this graph shows the Japanese market went up like a rocket from 1970 until 1990.  The Japanese were very full of themselves at that point.  Akio Morita of Sony wrote the book The Japan That Can Say No (to the Americans on trade imbalance).  The value of the Emperor’s Palace was worth all of the real estate in California.  But then the Nikkei went nowhere for 35 years.  In fact, it took until 2012 just to hit bottom.  Imagine: for 22 years every time the market went up for a while it sunk to an even lower low.




The Buffett Indicator [https://www.advisorperspectives.com/dshort/updates/2024/12/05/buffett-valuation-indicator-november-2024]

Buffett is not really a macro guy, but that is by choice.  Certainly, he can do macro if he wants.  The idea behind the Buffett Indicator is to take all of the stocks in the nation and divide it by the GDP.  In the 75 years of this graph, the relation of stock prices to GDP is very nearly as high as it has ever been.  Stocks that are high can go higher yet.  John Maynard Keynes:  "Markets can remain irrational longer than you can remain solvent."

 

Things which could tend to move the market higher.

Peace could break out in Ukraine.  This might make a difference, but it might not.  The market has not been held down at all by the war in Ukraine.

Peace could break out in Israel.  Once again, this may not make a big difference.  It has not held back the market very much at all.

Continued great AI earnings.

Trump rally.

 

Things which could move the market lower.

China.  China is opaque, who knows what is going one behind the curtain?  Foreign investment, U.S. investment in China is down significantly.  Businessmen want supply chains less risky than China.

China.  The real estate overbuild is causing lots of problems for banks.  Occasionally, one of these problems breaches, and makes the news.  Evergreen.  But this stuff is mostly behind the inscrutable wall of the Chinese dictatorship.

Trump tariffs could backfire.  Tariffs did not do well during the 1930s, making the depression even worse.  Ben Stein apparently ad-libbed a famous tariff bit for Ferris Bueller’s Day Off.  He has updated this bit in light of the current circumstances.  Ben Stein studied economics at Columbia and Yale.  So, even though he is an actor in the movie, he knows economics.

 

The Experts

Jeremy Grantham – Staying the course, stocks are high, eventually bubble will pop.  Shiller P/E only trades this high 1% of the time.  See here.

Warren Buffett – Cash reserves increasing.  Selling Apple.

 

Investment Advice

Avoid crypto.  Yes, it could go very much higher because we are in the midst of the crazies.  Addicted gamblers can’t help themselves.  Think AI momentum: where the next word is “up” because the last word was “up.”  But it could be there is no there there. 

Buy a small amount of a gold stock like Barrick (GOLD).  Inflation has subsided, we will see what happens with the new Congress and government.  Certainly, events in California will cause some things to go up.  Lumber will certainly go up.

In my fiduciary capacity as a trustee of my father’s estate, we are 70% cash and 30% in stocks.  Apple and Costco are our big winners.  We decided that stocks were unusually high in 2021-22, and wanted to reduce our exposure.  The stocks we have kept have done great.

For myself, I am 90% cash.  This is in part an accident on my part.  I received some money from my father, and found no satisfactory home for it.  Something of the Buffett syndrome.  What if Buffett got a sudden windfall?  Where would he put it?  Well, he has gotten a windfall in Apple this year, and what has he done with it?  Not much.  Maybe I don’t feel big gains smart, but not big losses stupid, either.


Published 1/14/2025

 

Tuesday, July 25, 2023

Homo Omo, Time to Normalize the Nomenclature

Carl Linnaeus was a Swede who lived from 1707 to 1778.  He publishes his system of naming in the Systema Naturae in the Philosophia Botanico in 1751, and the Species Plantarum.  So, he was born inside the era of the Enlightenment.  The enlightenment brought us Adam Smith, who came out with his great work The Wealth of Nations in 1776, three months before the American Declaration of Independence.


Saturday, July 15, 2023

Un plan para Argentina [A Plan for Argentina]

Soy un norteamericano atraído por la maravillosa música y danza del tango. Después de bailar tango durante cuatro o cinco años, me sumergí por primera vez en la cultura argentina en 1997 durante dos semanas. Decidí hacerlo porque Buenos Aires era cálida cuando Chicago estaba ridículamente fría, y quería aprender todo lo posible sobre su cultura y, más allá de eso, algo sobre su política. La política nos hace a todos un poco ridículos.

Economía de Argentina. ¿Qué se puede hacer? Hagamos un inventario. El país tiene una población bastante educada. Es un buen destino para los viajeros. Las pampas producen grandes cantidades de granos, especialmente soja.

China se convirtió en una potencia porque los empresarios estadounidenses vieron que podían utilizar la mano de obra barata china para producir bienes para el mercado consumidor estadounidense. Si tienes alguna duda al respecto, la economía china pasó de 300 mil millones a 18 billones de dólares, y fue el mercado consumidor estadounidense lo que marcó la diferencia. Parece que Argentina no puede fabricar ningún producto de calidad y bajo costo que sea muy atractivo para el mercado consumidor estadounidense. Pero estoy dispuesto a que me corrijan al respecto. Por un tiempo, pensé que podría tener una oportunidad en la minería de litio, pero Estados Unidos podría resolver ese problema por sí mismo. Sin embargo, Argentina está recibiendo a muchos ucranianos que escapan de la violencia y la guerra, muchos de ellos embarazadas. Es posible que sean personas inteligentes y quieran comenzar nuevos negocios. ¡Ayudémoslos! Préstales dinero. Estados Unidos se ha vuelto casi imparable debido a todas las personas brillantes que han emigrado allí. Estados Unidos tiene las mejores instituciones educativas y la economía más vibrante. No es tan complicado. El poder cerebral y la motivación que han llegado a Estados Unidos son asombrosos. Pensemos en ellos: Nikola Tesla, Elon Musk, Albert Einstein, Enrico Fermi, John Audubon, John Muir, innumerables bioquímicos.

Un destino turístico

Me parece que Argentina podría tener éxito como destino turístico. Hay varias cosas que pueden jugar a favor de Argentina. Buenos Aires, el nombre en sí suena exótico. Suena más interesante que Nueva York o Chicago.

Argentina tiene muchas cosas que atraerían a los viajeros. Mendoza es una región vinícola similar al Valle de Napa. Hay excelentes oportunidades para cazar y pescar en la Patagonia. Esquiar en el Cerro Catedral en Bariloche. Observar los glaciares en la Patagonia, las Cataratas del Iguazú. Hay mucho que ver y hacer.

Buenos Aires tiene una ventaja reputacional sobre Río de Janeiro. Me dijeron en Europa que la playa en Río es segura, pero a solo dos cuadras de la playa puede ser peligroso. Y una bailarina de tango brasileña que conocí en Buenos Aires, originaria de San Pablo, me dijo que la asaltaron las dos veces que fue a Río y que no tiene deseos de volver allí, por más hermoso que sea.

Argentina tiene un aeropuerto maravilloso, moderno y listo para los negocios. Me encanta. Pero ¿quién es Ezeiza? ¿Por qué no tomar una lección de Río de Janeiro, cuyo aeropuerto se llama Tom Jobim, cuya música es maravillosa? Aunque su música no sea mejor que la de Carlos Di Sarli.

Aeropuerto

Los turistas necesitan sentirse seguros

Buenos Aires cuenta con policías en las calles. Las personas se sienten seguras. Los turistas se sienten seguros. Mi siguiente idea sería ubicar policías que hablen inglés donde estarán los turistas en Recoleta y Palermo. Eso incentivará a la policía a aprender inglés. ¿Y dónde estarán los turistas? Mi idea es crear una "zona de inglés", que sería popular entre los turistas. Y esa área, más o menos, sería Recoleta y Palermo. Es un área bastante grande. La idea detrás de esto es que ya en esas áreas, donde se encuentran las tiendas de lujo, hay muchos empleados que hablan inglés. Muchos han estudiado inglés en la escuela y quieren usarlo. Muchas veces me he encontrado con baristas en Starbucks que convierten mi solicitud de "descafeinado" en "decaf". "Decaf, sí, tenemos decaf". Bueno, solían tener decaf. Starbucks ya no vende decaf en Argentina.

La importancia del inglés para un destino turístico

Un alemán y un agricultor de Argentina se conocieron en La Biela, y yo estaba cerca. ¿Hablaban en español? No. ¿Hablaban en alemán? No. Hablaban en el idioma común, el inglés. Así que esto es clave para mi plan para Argentina.

Inglés, inglés, inglés. Incluso si Estados Unidos (me refiero a los Estados Unidos, porque todo el hemisferio es América) no fuera la economía más grande del planeta, la presencia del inglés sería difícil de reemplazar (aunque no imposible, después de todo, el antiguo lenguaje universal, la lengua franca, era el francés).

Pero la omnipresencia del inglés será difícil de desplazar. La importancia del inglés la enfatizaré una y otra vez. Es tan importante que el latín, por ejemplo, nunca ha desaparecido. Se transformó en español, francés, italiano y en inglés; fue impactado por una ola de latín en los años 600 con la expansión de la Iglesia Católica y luego, después de que los normandos conquistaran Inglaterra en 1066, a través de la versión transformada del latín llamada francés. El latín nunca ha desaparecido y ha infectado al inglés, donde el 55% de las palabras son de origen latino. Y los cognados latinos ayudan a facilitar el aprendizaje del inglés para los hablantes de español.

Aprender un idioma es difícil (a menos que seas joven). Permíteme señalar las formas en que el inglés es más fácil que algunos idiomas.

Echemos un vistazo a la conjugación de un verbo regular como "hablar":

hablo - I speak

hablas - you speak

hablamos - we speak

hablan - they speak

habla - he speaks

Te aseguro que si dices "he speak" en lugar de "he speaks", todos te entenderán. En las conjugaciones de verbos regulares, hablar español requiere cinco veces más trabajo que hablar inglés. Cuando era niño, me dijeron que el español era el idioma más fácil de aprender, pero ahora que soy adulto y estoy aprendiendo español, todos mis tutores dicen que el inglés es más fácil.

Pero la carga mucho mayor del español es el tema del género. Los hablantes de inglés no tienen que preocuparse por el género - "el" o "la", es simplemente "the". Esto representa una gran carga de memoria para cualquier persona que no sea joven. Y es una reliquia de una época anterior en la que tal vez tenían algún significado, pero no hay ninguna razón para que una computadora sea femenina. Así como algunos de los deletreos en inglés son arcaicos. En mi correspondencia personal, a menudo escribo "thru" en lugar de "through".

El inglés tiene un considerable impulso. Todas las aerolíneas utilizan el inglés, la mayoría de los lenguajes de programación están basados en el inglés, todos los artículos científicos se publican en inglés, la mayoría de las series y películas de televisión son en inglés, el comercio se realiza principalmente en inglés. Y cuanto mejor puedas hablar inglés estadounidense del Medio Oeste, que con las películas y programas de noticias se ha convertido en el inglés estándar en Estados Unidos, más probabilidades tendrás de ser un centro para el telemercadeo en el extranjero. Filipinas se ha convertido en el centro de llamadas preferido para empresas estadounidenses porque su inglés suena más cercano al inglés estadounidense estándar del Medio Oeste. Los centros de llamadas en la India han sido menos enfatizados.

En mi plan para Argentina como destino turístico, el inglés es fundamental. Debería introducirse en el currículo para estudiantes desde muy temprana edad y continuar a lo largo de su educación. Por supuesto, debería haber cursos de idioma y literatura en inglés, pero tal vez una de las materias principales, como ciencias, también se debería enseñar en inglés. Esto reforzaría el inglés enseñado en los cursos de conversación e literatura. Además, la mayoría de la ciencia se realiza en inglés de todos modos, al igual que la medida se está moviendo inevitablemente hacia el sistema métrico, aunque Estados Unidos está atrasado en este tema.

Los hablantes nativos nunca perderán su idioma nativo

No creo que tengamos que preocuparnos por la pérdida del español, ya que la gente conserva su lengua materna. Aunque el 92% de los filipinos hablan inglés y lo hablan bastante bien, cuando están entre ellos, vuelven al tagalo. El verdadero trabajo es llevar a la población a un nivel lo más alto posible de inglés, para atraer a los turistas que el país necesita. Queremos que se sientan cómodos y que recomienden Argentina a sus amigos. La idea es hacer de Buenos Aires y Argentina el destino principal para viajeros de todo el planeta.

Crear un Instituto de Idiomas en la Universidad de Buenos Aires

En consonancia con esta idea, creo que la Universidad de Buenos Aires debería establecer un departamento o instituto de idiomas para concentrarse en idiomas de todo tipo. Me gustaría incluir los lenguajes de programación en ese departamento. Sería deseable, por ejemplo, contar con algunos hablantes de chino y japonés. Para el turismo. Deben ser capacitados. Si estás haciendo esto, ¿por qué no tener como objetivo ser el mejor lugar del mundo para aprender idiomas? A largo plazo, el chino tendrá problemas para convertirse en un idioma universal. Es difícil de aprender. Recuerdo que una vez, una mujer de Hong Kong que trabajaba para mí estaba escribiendo una carta a su casa (esto fue hace mucho tiempo cuando la gente todavía escribía cartas). En su carta veía caracteres chinos, letras en inglés, más caracteres chinos, más inglés. Yo estaba desconcertado y le pregunté por qué esta mezcla. Ella dijo que había estado fuera de Hong Kong durante diez años y que se le habían olvidado algunos caracteres chinos, por lo que volvía al inglés. Le pregunté si sus padres hablaban inglés y ella respondió que, por supuesto, vivían en Hong Kong, que era cosmopolita y que la mayoría de la gente hablaba inglés, no como un lugar insular como Chicago, donde la gente solo conoce un idioma. Entendí.

Curiosamente, hay más personas estudiando y hablando inglés en China que personas en los Estados Unidos.

Por supuesto, el gobierno debe reconocer la importancia de este plan y no oponerse a él. Creo que tendría sentido ser pro occidente. El mejor experto en geopolítica que he encontrado definió el Occidente como un grupo de países que creían en una democracia autocorrectora, mercados libres, prensa libre, libertad de expresión, propiedad privada. Los países que incluyó en esta definición fueron Estados Unidos y Canadá, todos los estados de la Unión Europea y, en el este, Japón, Corea del Sur, Taiwán y Filipinas. Argentina quiere ser parte de los países que creen en estos derechos.

Entonces, es absurdo ser antiestadounidense, es mejor ser proestadounidense, pero eso no significa que tengas que sufrir por ello. Pero utiliza un enfoque suave. Si China y Rusia ofrecen vacunas a precios más bajos, debes usarlas si Estados Unidos no ofrece tales precios. Pero como país turístico, debes ser en su mayoría apolítico. Quieres dar la bienvenida a todos.

Argentina ya cuenta con atención médica y educación. El truco está en mantenerlos.

Argentina puede enorgullecerse de encontrarse entre las mejores naciones al proporcionar atención médica y educación gratuita. A pesar de todas sus virtudes, Estados Unidos no puede resolver este problema. Los estadounidenses terminan con médicos que deberían ser hombres de negocios y hospitales que son grandes empresas con fines de lucro. Y en cuanto a la educación, los estudiantes, jóvenes e ignorantes, asumen más deudas de las que pueden permitirse. La educación que reciben no les proporciona trabajos para pagar esta enorme deuda. Entonces, Argentina tiene buenos valores, pero su economía está hecha un desastre. Y aquí está el problema. Si la economía de Argentina no mejora mucho más, sus programas sociales estarán en peligro. El país ha tenido dictadores en el pasado y necesita una buena economía para mantener estos programas sociales saludables. He leído más de una vez que cuando se agote el petróleo del Mar del Norte, el Reino Unido perderá su querido NHS (Servicio Nacional de Salud). Así que, ves mi punto.

Volviendo al turismo y al inglés. Piensa en Europa, donde la mayoría de las personas hablan algo que no es inglés como su idioma principal. Aquí están los porcentajes que hablan inglés como segundo idioma. Esto es lo que ChatGPT me dijo:

Países:

Bajos: 90% Noruega: 90% Dinamarca: 86% Suecia: 86% Bélgica: 70% Finlandia: 63% Suiza: 61% Alemania: 56% Grecia: 51% Francia: 39% Italia: 34% Portugal: 32% España: 27%

Argentina: 10% a 20%.

¿Dónde crees que la gente querrá viajar? Digamos que eres japonés y solo hablas otro idioma, que es el inglés. ¿A dónde irías? Probablemente no a Argentina, y por eso estoy abogando por la promoción de una "Zona de Inglés". Probablemente esta persona japonesa viajará a casi cualquier lugar de Europa. Cuanto más al norte, mejor estarás. ¿Qué tal los Estados Unidos y Canadá? Yo vivo en Oak Park, y es un destino para algunos viajeros porque es el lugar de nacimiento de Ernest Hemingway y donde el arquitecto Frank Lloyd Wright vivió y diseñó muchas casas. He visto regularmente a japoneses en Oak Park. Aman a Frank Lloyd Wright.

Es imposible hacer que una población tan grande como la de Argentina sea bilingüe, pero ese es el objetivo. Es imposible porque muchas personas ya son demasiado mayores para aprender un segundo idioma. También es imposible porque siempre habrá algunas personas en la parte inferior de la curva de coeficiente intelectual que nunca podrán aprenderlo.

Es absurdo insistir en que todas las películas en inglés sean dobladas. ¿Cómo ayuda eso a crear una población completamente familiarizada con el inglés? Probablemente, las películas deberían tener subtítulos. El doblaje sería la estrategia de un régimen dictatorial que quiere mantener a la gente ignorante y mirando hacia adentro. Netflix y Amazon Prime a menudo ofrecen estas alternativas. Debido a que estoy envejeciendo y mi audición no es lo que era, prefiero subtítulos en todas las películas en inglés, español, o cualquier otro idioma.

Un punto de partida para el gobierno sería hacer que todos los carteles públicos estén en español e inglés. Recuerda, queremos que nuestros visitantes se sientan cómodos. Los argentinos deben verse a sí mismos como una nación de anfitriones.

Argentina puede considerarse entre las mejores naciones al proporcionar atención médica y educación gratuita. Por todas sus virtudes, Estados Unidos no puede resolver este problema. Los estadounidenses terminan teniendo médicos que deberían ser hombres de negocios y hospitales que son grandes empresas con fines de lucro. Y en cuanto a la educación, los estudiantes jóvenes e ignorantes asumen más deudas de las que pueden pagar. La educación que reciben no les permite obtener empleos para pagar esa enorme deuda. Así que Argentina está en buena forma en cuanto a sus valores, pero su economía es un desastre. Y aquí está el problema. Si la economía de Argentina no mejora mucho más, sus programas sociales estarán en pel???

Te aseguro que si dices "he speak" en lugar de "he speaks", todos te entenderán. En las conjugaciones de verbos regulares, hablar español requiere cinco veces más trabajo que hablar inglés. Cuando era niño, me dijeron que el español era el idioma más fácil de aprender, pero ahora que soy adulto y estoy aprendiendo español, todos mis tutores dicen que el inglés es más fácil.

Pero la carga mucho mayor del español es el tema del género. Los hablantes de inglés no tienen que preocuparse por el género - "el" o "la", es simplemente "the". Esto representa una gran carga de memoria para cualquier persona que no sea joven. Y es una reliquia de una época anterior en la que tal vez tenían algún significado, pero no hay ninguna razón para que una computadora sea femenina. Así como algunos de los deletreos en inglés son arcaicos. En mi correspondencia personal, a menudo escribo "thru" en lugar de "through".

El inglés tiene un considerable impulso. Todas las aerolíneas utilizan el inglés, la mayoría de los lenguajes de programación están basados en el inglés, todos los artículos científicos se publican en inglés, la mayoría de las series y películas de televisión son en inglés, el comercio se realiza principalmente en inglés. Y cuanto mejor puedas hablar inglés estadounidense del Medio Oeste, que con las películas y programas de noticias se ha convertido en el inglés estándar en Estados Unidos, más probabilidades tendrás de ser un centro para el telemercadeo en el extranjero. Filipinas se ha convertido en el centro de llamadas preferido para empresas estadounidenses porque su inglés suena más cercano al inglés estadounidense estándar del Medio Oeste. Los centros de llamadas en la India han sido menos enfatizados.

En mi plan para Argentina como destino turístico, el inglés es fundamental. Debería introducirse en el currículo para estudiantes desde muy temprana edad y continuar a lo largo de su educación. Por supuesto, debería haber cursos de idioma y literatura en inglés, pero tal vez una de las materias principales, como ciencias, también se debería enseñar en inglés. Esto reforzaría el inglés enseñado en los cursos de conversación e literatura. Además, la mayoría de la ciencia se realiza en inglés de todos modos, al igual que la medida se está moviendo inevitablemente hacia el sistema métrico, aunque Estados Unidos está atrasado en este tema.

Los hablantes nativos nunca perderán su idioma nativo

No creo que tengamos que preocuparnos por la pérdida del español, ya que la gente conserva su lengua materna. Aunque el 92% de los filipinos hablan inglés y lo hablan bastante bien, cuando están entre ellos, vuelven al tagalo. El verdadero trabajo es llevar a la población a un nivel lo más alto posible de inglés, para atraer a los turistas que el país necesita. Queremos que se sientan cómodos y que recomienden Argentina a sus amigos. La idea es hacer de Buenos Aires y Argentina el destino principal para viajeros de todo el planeta.

Crear un Instituto de Idiomas en la Universidad de Buenos Aires

En consonancia con esta idea, creo que la Universidad de Buenos Aires debería establecer un departamento o instituto de idiomas para concentrarse en idiomas de todo tipo. Me gustaría incluir los lenguajes de programación en ese departamento. Sería deseable, por ejemplo, contar con algunos hablantes de chino y japonés. Para el turismo. Deben ser capacitados. Si estás haciendo esto, ¿por qué no tener como objetivo ser el mejor lugar del mundo para aprender idiomas? A largo plazo, el chino tendrá problemas para convertirse en un idioma universal. Es difícil de aprender. Recuerdo que una vez, una mujer de Hong Kong que trabajaba para mí estaba escribiendo una carta a su casa (esto fue hace mucho tiempo cuando la gente todavía escribía cartas). En su carta veía caracteres chinos, letras en inglés, más caracteres chinos, más inglés. Yo estaba desconcertado y le pregunté por qué esta mezcla. Ella dijo que había estado fuera de Hong Kong durante diez años y que se le habían olvidado algunos caracteres chinos, por lo que volvía al inglés. Le pregunté si sus padres hablaban inglés y ella respondió que, por supuesto, vivían en Hong Kong, que era cosmopolita y que la mayoría de la gente hablaba inglés, no como un lugar insular como Chicago, donde la gente solo conoce un idioma. Entendí.

Curiosamente, hay más personas estudiando y hablando inglés en China que personas en los Estados Unidos.

Por supuesto, el gobierno debe reconocer la importancia de este plan y no oponerse a él. Creo que tendría sentido ser pro occidente. El mejor experto en geopolítica que he encontrado definió el Occidente como un grupo de países que creían en una democracia autocorrectora, mercados libres, prensa libre, libertad de expresión, propiedad privada. Los países que incluyó en esta definición fueron Estados Unidos y Canadá, todos los estados de la Unión Europea y, en el este, Japón, Corea del Sur, Taiwán y Filipinas. Argentina quiere ser parte de los países que creen en estos derechos.

Entonces, es absurdo ser antiestadounidense, es mejor ser proestadounidense, pero eso no significa que tengas que sufrir por ello. Pero utiliza un enfoque suave. Si China y Rusia ofrecen vacunas a precios más bajos, debes usarlas si Estados Unidos no ofrece tales precios. Pero como país turístico, debes ser en su mayoría apolítico. Quieres dar la bienvenida a todos.

Argentina ya cuenta con atención médica y educación. El truco está en mantenerlos.

Argentina puede considerarse entre las mejores naciones al proporcionar atención médica y educación gratuita. Por todas sus virtudes, Estados Unidos no puede resolver este problema. Los estadounidenses terminan teniendo médicos que deberían ser hombres de negocios y hospitales que son grandes empresas con fines de lucro. Y en cuanto a la educación, los estudiantes jóvenes e ignorantes asumen más deudas de las que pueden pagar. La educación que reciben no les permite obtener empleos para pagar esa enorme deuda. Así que Argentina está en buena forma en cuanto a sus valores, pero su economía es un desastre. Y aquí está el problema. Si la economía de Argentina no mejora mucho más, sus programas sociales estarán en pel riesgo. El país ha visto dictaduras antes y necesita una buena economía para mantener estos programas sociales saludables. He leído más de una vez que cuando se agote el petróleo del Mar del Norte, el Reino Unido perderá su querido NHS (Servicio Nacional de Salud). Así que entiendes mi punto.

 

Atracciones turísticas

Las atracciones turísticas también deben estar en su lugar. Parece que trabajaron durante mucho tiempo en El Molino, y deberían terminar el trabajo. Y terminar el trabajo en Confitería Ideal. Mientras tanto, hay otros lugares famosos y antiguos, como Las Violetas y Los Angelitos.

Como bailarín de tango, me rompió el corazón perder Salon Canning, una de mis milongas favoritas. También lamenté la pérdida de Niño Bien. Un buen número de viajeros provienen de bailarines de tango. Quizás el gobierno pueda ayudar, pero tal vez el tango sea una de esas cosas que fluirán y refluirán con el interés. Después de todo, solo hay unas pocas salas de baile en Chicago que se dedican a la música de las Big Bands y al Swing. Siempre me sorprende que esta música que surgió del Jazz, la popular música Swing con trompetas y trombones, estaba ocurriendo en América del Norte, mientras que esta otra música, basada en el bandoneón y el violín, estaba ocurriendo en Sudamérica. Mi impresión es que los norteamericanos no estaban al tanto del tango en ese entonces, Buenos Aires estaba lejos de América del Norte. Pero de alguna manera creo que los argentinos estaban algo conscientes del Swing.

¿Dónde está el museo en Buenos Aires para estos gigantescos dinosaurios que se han encontrado en la Patagonia? ¿Hubo un depredador más grande que el Tyrannosaurus Rex? Sí, y fue descubierto en Argentina, se llama Giganotosaurus. ¿Y el dinosaurio más grande jamás encontrado? Argentinosaurus. ¿Por qué veo la réplica y algunos huesos reales de esta gran criatura en el Museo Field de Chicago? De hecho, tomaría la excelente exposición de evolución del Museo Field como modelo, llamaría a esta sala argentina "El Museo del Desarrollo Evolutivo".

Publicidad

Publicidad. Muchas personas tienen listas de deseos. No has visto el mundo hasta que has visto Argentina. No has completado tu lista de vinos hasta que vas a Mendoza. No has visto cataratas hasta que has visto las Cataratas del Iguazú. No has cazado y pescado hasta que vas a la Patagonia.

Pero el gobierno debe hacer su tarea: terminar El Molino, terminar Confitería Ideal. Comenzar un programa para cambiar los letreros a español e inglés. Y necesita contratar a los mejores publicistas del mundo. Incluso el Estado de Illinois hace más publicidad que Argentina. Debemos recordarle a Lionel Messi, mientras está en su casa en Miami, que Argentina está cambiando y mejorando, y que debería volver a visitar a sus familiares.

Espero que esta continuación te resulte útil y siga ayudándote con tus ideas y planes para promover el turismo y el aprendizaje del idioma inglés en Argentina. Si tienes más detalles o alguna otra pregunta, no dudes en compartirlos. ¡Buena suerte en tu proyecto!


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In English:
 
A Plan for Argentina

I am a North American who was attracted to the great music and dance of tango.  After dancing tango for four or five years, I took my first two week dip into the culture in 1997.  And I decided because Buenos Aires was warm when Chicago was ridiculously cold that I would learn what I could about its culture, and beyond that some of the politics.  Politics makes us all ridiculous.  

Argentina economy.  What can be done?  Let's take an inventory.  The country has a pretty well-educated populace.  It is a good destination for travelers.  The pampas does produce large amounts of grain, especially soybeans.  

China became a power because American entrepreneurs saw that they could use cheap Chinese labor to produce goods for the American consumer market.  If you have any question about this, the Chinese economy went from $300 billion to $18 trillion, and it was the American consumer market that made the difference.  It doesn't seem that Argentina can make any product of quality and low cost that would be a big seller to the American consumer market.  But I stand ready to be corrected about this.  For a while I thought it might have a chance in Lithium mining, but America may solve that problem themselves.  But Argentina is getting many Ukrainians escaping the violence and war, many of them pregnant.  They may very well be clever people, and want to start new businesses.  Help them!  Loan them money.  The U.S. has become almost unstoppable because of all the brilliant people who have migrated to the U.S.  America has the best educational institutions, and it has the most vibrant economy.  It's not that complicated.  The brainpower and motivation that have come to America is astounding.  Think of them.  Nicholas Tesla, Elon Musk, Albert Einstein, Enrico Fermi, John Audobon, John Muir, endless biochemists. 

A Tourist Destination

It seems to me Argentina might do best as a tourist destination.  There are a number of things that can work in Argentina's favor.  Buenos Aires, the name itself sounds exotic.  It sounds more interesting than New York or Chicago.

Argentina has many things that travelers would be interested in.  Mendoza is a wine region similar to Napa Valley.  There is great hunting and fishing in Patagonia.  Skiing, Catedral in Bariloche.  Sight-seeing, the glaciers in Patagonia, Iguazu falls.  There is a lot to see and do. 

Buenos Aires as a bit of a reputational advantage over Rio de Janeiro.  I was told in Europe that the beach in Rio is safe, but even two blocks off the beach it can be dangerous.  And a Brazilian tango dancer I met in BA from San Paulo said she was mugged the two times she went to Rio, and has no desire to go there, no matter how beautiful it is.

Argentina has a wonderful airport.  Modern and ready for business.  I love it.  But who is Ezeiza?  Why not take a lesson from Rio de Janeiro, whose airport is named Tom Jobim, whose music is wonderful.  But his music is not better than Carlos DiSarli.  

Airport?  

Tourists Need to Feel Safe

Buenos Aires has beat cops, police on the streets.  People feel safe.  Tourists feel safe.  My next idea would be to place English-speaking police where the tourists will be in Recoleta and Palermo.  That will incentivize police to learn English.  And where will the tourists be?  My idea is to create an English zone, which would be popular with tourists.  And that area, roughly, would be Recoleta and Palermo.  So, this is quite a large area.  The idea behind this is that already in these areas, where the upscale stores are, are many English-speaking clerks.  Many have studied English in school and they want to use their English.  Many times I have run into baristas at Starbucks who will convert my request for descafeinado into decaf.  "Decaf, yes, we have decaf."  Well, they used to have decaf.  Starbucks does not sell decaf in Argentina anymore.

The Importance of English for a Tourist Destination

A German and a farmer from Argentina met at La Biela, and I was sitting nearby.  Did they speak in Spanish?  No.  Did they speak in German?  No.  They spoke in the common language of English.  So this would be key to my plan for Argentina.

English, English, English.  Even if America (I mean the United States, because the whole hemisphere is America), was not the greatest economy on the planet, the inroads English has made will be hard to replace (but not impossible, because, after all, the old universal language, the lingua franca, was French).

But the ubiquitousness of English will be hard to set aside.  The importance of English I will come back to again and again.  It is just that important.  Latin, for example, has never gone away.  It morphed into Spanish, French, Italian, and into English - it was hit by a wave of Latin in the 600's with the expansion of the Catholic Church, and then later, after the Normans conquered England in 1066 through the morphed version of Latin called French.  Latin has never gone away and it has infected English where 55% of words are of Latin origin.  And Latin cognates help to ease the way for Spanish speakers to learn English.

Learning a language is hard stuff (unless you are young).  Let me outline the ways in which English is easier than some languages.

Let's look at the conjugation for a regular verb like "to speak:"

hablo - I speak            

hablas - you speak

hablamos - we speak

hablan - they speak

habla - he speaks

I assure you that if you say he speak instead of he speaks, everyone will understand you.  In conjugations of regular verbs, it is five times the work to speak Spanish as English.  As a kid I was told that Spanish was the easiest language to learn, but as an adult learning Spanish, all of my tutors say English is easier.

But the much larger burden of Spanish is the gender thing.  English speakers don't have to bother themselves with gender - el, la.  It is all "the."  This is a tremendous memory burden for anyone not young.  And it is a relic of an earlier time when maybe they had some meaning, but there is no reason a computer is feminine.  Just like some of the English spellings are archaic.  In my own correspondence, I often write "thru" instead of "through."  

There is considerable momentum for English.  The airlines all use English, most computer languages are English-based, all scientific papers make their way into English, most TV series and movies are in English, commerce is mostly conducted in English.  And the better you can speak Midwestern English, which with movies and news programs has become standard English in America, the more likely you will be to be a center for offshore telemarketing.  The Phillipines have become the telecenter of choice for American based companies because their English sounds closer to standard, Midwestern English.  Indian telecenters have been de-emphasized.

In my plan for Argentina as a tourist destination, English is central.  It should enter the curriculum for students as young as can be, and that should continue throughout their schooling.  There should be English language and literature courses, of course, but perhaps one of the core subjects, like science, should be taught in English.  This will reinforce the English taught in the English conversation and literature courses.  Moreover, most science makes its way into English anyway, just as measurement is inevitably moving to metric, although America is retarded on this subject.

Native speakers will never lose their native language

I don't think that we have to worry about the loss of Spanish, people retain their mother language.  Even though 92% of Filipinos speak English, and speak it pretty well, when they are among themselves, they revert to Tagalog.  The real job is to get the population to as high a level of English as possible - for the tourists that the country needs to attract.  You want to make them comfortable, and to recommend Argentina to their friends.  The idea is to make Buenos Aires and Argentina the premiere destination for travelers all over the planet.

Start a Language Institute at the University of Buenos Aires

In concert with this idea, I think the University of Buenos Aires should begin a language department or institute to concentrate in languages of all kinds.  I would like to include computer languages in that department.  It would, for example, be desirable to have some Chinese speakers, Japanese speakers.  For tourism.  They have to be trained.  As long as you are doing this, why not have a goal of being the best place in the world to learn languages?  Over the longer term, Chinese will have trouble becoming a universal language.  It is difficult to learn.  I had a lady from Hong Kong working for me, and I remember one day passing her desk, and she was writing a letter home (so this was quite a while ago when people still wrote letters).  And in her letter I would see Chinese characters, English letters, more Chinese characters, more English.  I was mystified, and asked her, why this mix?  She said she had been away from Hong Kong for ten years, and she had forgotten some of the Chinese characters, so then she would revert to English.  I said, so your parents speak English?  And she said, of course, they lived in Hong Kong which was cosmopolitan where most people spoke English, not like an insular place like Chicago, where people only know one language.  Okay, I get it.

Interestingly, there are more people studying and speaking English in China than there are people in the U.S.  

Of course, the government needs to see the importance of such a scheme, and not to fight it.  I think it would make sense to go pro-West.  The best scholar of geopolitics I have come across defined the West as a group of states that believed in a self-correcting democracy, free markets, free press, free speech, private property ownership.  And the nations he included in this definition were the U.S. and Canada, all the states of the European Union, and in the east - Japan, South Korea, Taiwan, and the Philippines.  Argentina wants to be part of countries who believe in these rights.

So, it is silly to anti-American, be pro-American, but that does not mean you have to suffer for it.  But use a soft touch.  If the Chinese and Russians offer lower cost vaccines, you have to use them, if America is not offering such prices.  But as a tourist nation, you want to be mostly apolitical.  You want to welcome everyone.

Argentina already has healthcare and education.  The trick is to keep them.

Argentina can count itself among the best nations by providing free healthcare and education.  For all of its virtues, the United States cannot solve this problem.  Americans end up with doctors who should be businessmen, and hospitals that are grand for-profit enterprises.  And as far as education, students, young and ignorant, take on more debt than they can possibly afford.  The education they get does not afford them the jobs to pay back this huge debt.  So, Argentina is in good shape in its values, but its economy is a shambles.  And here is the problem.  If Argentina's economy does not turn very much more positive, their social programs will be in jeopardy.  The country has seen dictators before, and it needs a good economy to keep these social programs healthy.  I have read more than once that when the North Sea oil gives out, the U.K. will lose its treasured NHS (National Health Service).  So, you see my point.

Back to tourism and English.  Think about Europe where most people speak something other than English as their primary language.  Here are the percentages that speak English as a second language.  This is what ChatGPT told me:

  1. Netherlands: 90%
  2. Norway: 90%
  3. Denmark: 86%
  4. Sweden: 86%
  5. Belgium: 70%
  6. Finland: 63%
  7. Switzerland: 61%
  8. Germany: 56%
  9. Greece: 51%
  10. France: 39%
  11. Italy: 34%
  12. Portugal: 32%
  13. Spain: 27%


Argentina: 10% to 20%.

Where do you think people will want to travel?  Say you are Japanese and you only speak one other language and that is English.  Where will you go?  Probably not Argentina, and this is why I am advocating the advertising of an "English Zone."  Probably this Japanese person will travel almost anywhere in Europe.  The further north, the better off you will be.  How about the U.S. and Canada?  I live in Oak Park, and that is a destination for some travelers because it is the birthplace of Ernest Hemingway, and where architect Frank Lloyd Wright lived and designed many homes.  I have regularly seen Japanese in Oak Park.  They love Frank Lloyd Wright.

It is impossible to make a population as large as Argentina's bilingual, but that's the aim.  It is impossible because so many people are already too old to become bilingual.  It is an impossible because there always be a few people at the bottom of the IQ bell curve, and they will never be able to learn it.

It is silly to insist that all English movies be dubbed.  How does that help create a thoroughly English-acquainted populace?  Probably, movies should be subtitled.  Dubbing would be the strategy of a dictatorial regime that wants to keep the people stupid, and inward looking.  Netflix and Amazon Prime often offer these alternatives.  Because I am getting older, and my hearing isn't what it once was, I prefer subtitles on all movies English, Spanish, whatever.  

A starting point for the government would be to make all public signs in Spanish and English.  Remember, we want to make our visitors comfortable.  Argentines need to think of themselves as a nation of inn-keepers.

Infrastructure

There two things that I think really improved the infrastructure of Buenos Aires.  The crosstown H line has been needed since I started visiting BA, because the subway lines are easy to use, and also the special bus lanes that have been created from the massive number of car lanes.  Maps of the bus lines need to drawn up so they are easy to use.  People will figure them out with clear maps.  The internet has really helped with that.  Most bus lines stop near Plaza Italia.  Most bus lines stop near Juramente and Virrey.  And so on.  I used the subway from my very first trip to BA, it took me five visits before I used the buses.  Subways had clear maps.  There was a complicated guide to the buses, and it was just too arcane.

Tourist Attractions

And the tourist attractions need to be need in place.  It seems like they worked forever on El Molino, and they should finish the work.  And finish the work on Confiteria Ideal.  Meanwhile, there are other famous old locations - Las Violetas, Los Angelitos.

As a tango dancer, I was broken-hearted that we lost Salon Canning, one of my favorite milongas.  And also I mourned the loss of Ninyo Bien.  A fair amount of travel comes from tango dancers.  Perhaps the government can help, but maybe tango is one of those things that will just ebb and flow with interest.  After all, there are only a few ballrooms in Chicago that cater to the Big Band music and Swing anymore.  It always amazes me that this thing that came out of Jazz, the popular Swing music with trumpets and trombones was going on in North America, while this other thing, based on the bandoneon and violin was going on in South America.  My impression is that the North Americans are not aware of tango back then, Buenos Aires was a long distance from South America.  But somehow I think the Argentines were somewhat aware of Swing.

Where is the museum in Buenos Aires for these gigantic dinosaurs that have been found in Patagonia?  There was a predator larger than Tyrannosaurus Rex?  Yes, and it was discoverd in Argentina, and it's called Giganotosaurus.  And the largest dinosaur ever found was called what?  Argentinosaurus.  Why is it that I see the replica and some actual bones of this great creature at the Field Museum in Chicago?  In fact, I would take the excellent evolution exhibit at the Field Museum as a model, I would call this Argentine hall The Museum of Evolutionary Development. 

Advertising

Advertising.  Lots of people have bucket lists.  You haven't seen the world until you've seen Argentina.  You haven't done your wine bucket list until you go to Mendoza.  You haven't seen waterfalls until you have seen Iguazu Falls.  You haven't hunted and fished until you go to Patagonia.  

But the government must do its homework - finish El Moline, finish Confiteria Ideal.  Begin a program of changing signs to Spanish and English.  And it needs to hire the best advertisers in the world.  Even the State of Illinois advertises more than Argentina.  We need to remind Lionel Messi, as he sits at in his home in Miami, that Argentina is changing and improving, and he should go back and visit his relatives.