Bean-counter, data geek, loving husband and Dad, Christian, Red Raider, Wildcat, foodie, conservator, moderate and lover of all people and all things family!
Reminder that Argentina was once as rich as the US and Buenos Aires was "the Paris of South America".
So what happened?
Here's how it looked โ and what it teaches us... (thread) ๐งต
@AmericanAir another disaster as we turn an eight hour flight into twelve since we run low on fuel while waiting to take off and have to return to the gate aa78
@AmericanAir, we sit here two hours waiting to leave the gate and get in line to de-ice. The gate agent gets different information than our pilots and we sit with no valid information
Joe, pricing power is not done in a vacuum. It is done in the context of competition. Pricing power is determined by the market and costs. If the costs of all the various competitors goes up (ie, taxes) then the market price will rise as companies try and maintain profit margins.