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Why is Argentina’s economy such a mess?
1 year ago
21
Rampant inflation, a booming black market for US dollars and crippling debt - welcome to Argentina, one of the world's most dysfunctional economies. How did it end up like this?
00:00 - Argentina’s economy is in crisis
01:21 - What is happening now?
04:16 - Why is this happening?
05:52 - Overspending
07:00 - Printing money
08:03 - Borrowing money
08:51 - Trade controls
11:06 - What are the solutions?
Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI
Meet Javier Milei, the front-runner to be Argentina’s next president: https://econ.st/3L9zKkk
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