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

submitted 5 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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[-] belated_frog_pants@beehaw.org 8 points 5 days ago* (last edited 5 days ago)

https://en.wikipedia.org/wiki/1998%E2%80%932002_Argentine_great_depression

They've never recovered from this and their presidents keep doing boneheaded shit.

this post was submitted on 01 Apr 2026

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