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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[-] aski3252@lemmy.world 17 points 5 days ago

Sadly, it went to shit before his time even, which is why many were so desparate to fall for a ridiculous conman like him. He was just the final nail in the coffin.

[-] Cowbee@lemmy.ml 10 points 5 days ago

It was damaged, not destroyed.

this post was submitted on 01 Apr 2026

24 points (96.2% liked)

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