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this post was submitted on 23 Sep 2025
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This article is over a year old. Lately there have been reports that poverty rates were lower this year. Does anyone have some insights? Are Argentinians actually any better off than last year now? Or is Mileis administration fudging the statistics?
Don't know about fudging, but apparently about 40+% of the country works gig jobs now, and their income declined by 22%(!!!) percent in early 2025. Also their GINI hit an all-time high apparently, but the data cuts off from 2023, from the world bank data at least. Honestly, who the fuck knows, but considering they lost to the peronists recently, and Bessent wants to give them a bailout, the real situation must not be too fucking rosy.
Argentina's economy is fucked, Milei is actually in New York today to grovel at Trump's feet for a handout.
I mean there's an economic crisis happening right now, so not sure how poverty levels could possible be lower in these conditions https://www.msn.com/en-gb/news/world/panic-in-argentina-as-economy-on-brink-of-collapse-742m-meltdown/ar-AA1MZM44