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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[-] Cowbee@lemmy.ml 8 points 3 days ago

Why would you hope I'm right? You want Argentina to collapse?

[-] garbage_world@lemmy.world -2 points 3 days ago

No, because I don't like Milei and his ideas. If it works in Argentina, alt wing all around the world will get political traction.

[-] Cowbee@lemmy.ml 8 points 3 days ago

They aren't working, but they still gain traction because they represent the class interests of imperialists.

this post was submitted on 01 Apr 2026

24 points (96.2% liked)

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