Why has the Argentinian economy gone to shit? (lemmy.zip)

submitted 4 days ago by LtDan@lemmy.zip to c/asklemmy@lemmy.ml

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Argentina is going through difficult times (especially with the Peso being bad as it’s very volatile) since most Argentinians would prefer USD over the Peso either through savings or investment.

That’s because the dollar is the best bet not only for savings, but for making a living (if they can manage to get remote work). The thing is, how did Argentina end up in this situation in the first place?

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[-] OhmsLawn@lemmy.world 23 points 4 days ago

The saying goes There are 4 types of national economy: developed, developing, Japan, and Argentina. Argentina's economy has been in trouble for a very long time.

It's a very complicated subject.

Here are a few videos to get you started:

https://m.youtube.com/watch?v=Q3Wbmzphszo&t=287s&pp=ygUTYXJnZW50aW5hJ3MgZWNvbm9tedIHCQnZCgGHKiGM7w%3D%3D

https://m.youtube.com/watch?v=E7MzfNTSk4A&pp=ygUKYXJnZW50aW5hIA%3D%3D

https://m.youtube.com/watch?v=xTe6fjwadmo&pp=ygUQemVpaGFuIGFyZ2VudGluYQ%3D%3D

this post was submitted on 01 Apr 2026

24 points (96.2% liked)

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