Why is Argentina’s economy such a mess?

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Information Why is Argentina’s economy such a mess?

Title	:	Why is Argentina’s economy such a mess?
Lasting	:	13.11
Date of publication	:
Views	:	968 rb

the answer is the amount of taxes and ministerios that exist there for no reason is killing the economy apart from corruption from politicians, socialism programs and amount of money print as well, socialism does not work
Comment from : roberto chu

American Propaganda mostly
Comment from : andres

Argentina: The leftists at its finest
Comment from : United Bolts

Very interesting, especially the fact that that chick is HOT!
Comment from : altar7

Sure thing? A billion dollars, an interpreter, and connection with someone in the government; I'd give it a go😂
Comment from : Myalterego

We have socialist in the goberment brThey spend more than they earn and consequently to finance the expense they issue money devaluing the peso
Comment from : Matias

So argentina its exactly like USA, but without owning rating agencies to get the best rating for credit
Comment from : Wu

The Economist is a Marxist rag
Comment from : Robert Eckert

Gosto muito da Argentina Seu povo, paisagens, vinho, carne, cultura, artes, enfim, tudo ali me faz querer voltar para uma próxima visita Desde o início dos anos 90, quando fiz a primeira viagem a Buenos Aires, até 2020, quando de minha ultima viagem pra lá, foram entre 15 e 20 viagenss, parte delas a trabalho, e é com pesar que vejo as coisas cada vez piores por lá De tudo o que ja li sobre os problemas da economia da Argentina, o déficit do governo é sempre o principal Como diz a matéria, o ajuste fiscal deverá ser feito e tudo ficará pior antes de melhorar Foi o que fizemos aqui no Brasil desde FHC e funcionou Foi um ajuste difícil e doloroso, mas um país não pode seguir gastando mais que arrecada indefinidamente Boa sorte aos Argentinos
Comment from : Geraldo Iajuc do Amaral

Isn’t it better to get bitcoins than dollar? At least they get interest rather than keeping the money in a drawer
Comment from : Look Where I Brought You

Can you say, "Marxist/Corrupt"Obama loves these Guys
Comment from : Harry Kuheim

nunca responsabilizar un poquito a macri que fue quien tomo la hiper deuda de miles de millones de dolares que estamos pagando con esta super inflación
Comment from : CALU -

Muy tendenciosa la nota Cuando apelan a las explicaciones históricas sólo menciona a Perón y no menciona los golpes de Estado y el endeudamiento externo que empezó en 1976 para explotar en 2001 Faltó informar que en 2015 la Argentina no tenía deuda externa condicionante y el salario en dólares más alto de América Latina La periodista está marcadamente ideologizada
Comment from : Juan Gabriel Primo

Because they are one of the lowest classes of Latino in macroeconomics
Comment from : Nelson Mantilla León

Because they did the "L" years ago
Comment from : AdlerBR

Is it better to store gold? No added cost for exchange
Comment from : Edward Chamberlain

Sounds like what the US is currently doing
Comment from : VideoWatch 3

Last year, more than 140,000 jobs were slashed from public and private tech companies as they were forced to confront rising inflation and a tumultuous stock market
Comment from : cathy walter

Because they keep reelecting the same corrupt politicians?
Comment from : Joel Souza Reflexões

Shut up the economist FAKE NEWS PROMOTER TALK ABOUT MACRI!! AND THE IMF !! HOW THEY ROBBED THE COUNTRY AND LEFT A MEGA DEBT!!
Comment from : Santzzi

Because we're a country, not a Disney movie
Comment from : Marcos Pointis

Oh wow, they conveniently missed that the issue with the IMF was not because of peronism 👀 If you really wanna understand the problem, don't trust media made by gringos
Comment from : TanaChiarantano

WORLD CHAMPION BORROWERS!brbrMUCHAAAAACHOOOOSSSSS 🏆😂
Comment from : Manuel Bocalandro

Mussolini was a socialist Peron was a socialist Peronists are socialists What this video never mentions - Argentina is in trouble because of socialist policies This is a "dog bites man" story
Comment from : Robert Blair

Thanks to USA, next question
Comment from : Maqüā

If only there was a some kind of digital currency with a limited supply that exists outside of government control
Comment from : wjd b

Because Argentinians, Brazilians, and every single country in Latin America STILL BELIEVES IN COMMUNISM… it’s a disgrace…
Comment from : delubio lopes de Paula

"It started with Peron" is a room temperature IQ take for anyone even remotely familiar with Argentine history Argentina's problems arise from a repeated failure to reign in the power of agricultural interests over the last 130 years Agricultural exports have formed the backbone of Argentina's economy for it's entire post-colonial history, and this generates no incentive for internal investment This is not dissimilar to the conditions of the plantation economy of the Antebellum American South, which led to similar issues with industrialization ISI is often criticized, and rightly so, but the big issue with it for an economy like Argentina's is the complete lack of macroeconomic incentives for further investment brbrTo all the anti-Peronists out there: If it was not that -ism, it would have been another -ism, with similar results Focus on the structural problem, not it's symptom
Comment from : Santi Achinelli

Meu Deus do céu, colocar a culpa de tudo de errado na Argentina nas costas do Perón é para rolar de rir
Comment from : Lucas Fidalgo

We still got the world cup 🔥💪
Comment from : Work

Dollarizing would go a long way towards eliminating/bypassing many of these issuesbrbrThe other thing that would work quickly is to attract foreign investment with tax incentives and liberalization of the economy Argentina seems to be a very protected economy, which sort of works for many current economic actors in Argentina but completely stifles growth and causes many other problems as the population grows (such as increasing government borrowing, inflation and unemployment)
Comment from : Pedro Bernardez

From what i watched in this video and what I'm reading in the comments this is what's also happening in my country (Tunisi), except for the dolarization part, I hope you can make a video about our economic situation too
Comment from : Bevhir Milos

hagan uno de venezuela😙
Comment from : Anna Hernández

Government subsidies? Government jobs are 1/3 of all jobs in the economy? brWelfare system? brbrMotosierra con todo Milei 2023
Comment from : Daniel Rodriguez

TL;DW: socialism
Comment from : Eduardo Tenorio

always among G20 - simply "dont get it"
Comment from : M HF

Because USA exist
Comment from : Martín Nahuel Lara

Todo el video es un análisis pésimo, incluso un liberal respetable podría decirte que el video es sugestivo y poco riguroso
Comment from : Cheba Waltter

The economist helped to create this mess
Comment from : Bruno Bohrer

I don't understand this statement at 11:34 : "Everybody agrees that the government need to spend less One way to do that is by reducing subsidies, but if you do that you are going to push up infaltion" How is that possible?
Comment from : lyricstzs

There is a lot of miss information here Perón is not where the economic historical debacle starts The worse face of Peronism was Menem´s precidency and he was a NeoLiberal This is not infromative but aspiracional formative
Comment from : Matías Otero

I will tell you why, because it is an evil nation with dark history well deserved
Comment from : Gorkem Ciftci

In case of argentina there's a strike of bad politicians doing fraud, stealing money, doing overprice purchase, doing deals with contractors for building or any other which are not done despite being paid out already along many many yearsbrbrTe country finally is breaking up which is expected
Comment from : Camilo Ferreira

because they are catholic controlled, just like America, which is failing
Comment from : William Rose

The answer: peron😊
Comment from : Lucas Matheus

Way too much government regulation and overspending They keep consuming more than they produce, and they keep electing left wing governments who promise to spend more
Comment from : ZippyMufo

Make a video about Egypt's inflation
Comment from : AMR ismail gad

I don’t understand money Why can’t they just print money so everyone has them and no inflation isn’t inflation manmade? I mean the whole concept of money is manmade…
Comment from : Tomas Dano

is this voiced by Karen Gillian?
Comment from : Tyler Good

to dollarize Argetina again? This was already a failure in the past
Comment from : marquinhomtv

So Socialism started all this to go down huh, who knew huh 😅😅😅brIt's funny how the reporter was hesitant to use the word 'socialism'
Comment from : baralah

Their mindset only messi and messi
Comment from : Cervix Prolapse

Does anyone know how I can follow this journalist's coverage of the election in Argentina?
Comment from : BlackGirlTrekker

Falklands forever 🇬🇧🇬🇧🇬🇧
Comment from : Limbic Ferret

So were blaming Peron and not the psuedo-US backed coup? 🤨
Comment from : Henry Chesterfield

argentina should be pushing to a mercosul money but instead will go to the isolationist route again
Comment from : Ixx00 Jxx00

as I always say, Argentina is a messi country
Comment from : Limbic Ferret

Debt trap by the West
Comment from : Yan Yee Tan

MILEI2023 🇦🇷 🇦🇷 🇦🇷
Comment from : roberto villareal

why would those exchange ppl buy pesos in exchange for dollars?
Comment from : Tony Sop

Socialism Next
Comment from : Leonardo Borges

que trabajo deplorable para resumir de forma tan pobre un tema tan complejo y impulsionar la candidatura de un chorro fascista
Comment from : Juliana Colombo

This is basically what happened to Greece in 2008, and what will happen to The United States if they continue with the same bad monetary (printing) and fiscal (spending) policies
Comment from : Angelo Valavanis

Ok pero por qué ese muchacha es tan guapa?!
Comment from : P1P31150

No, las cosas nunca van a cambiar porque acá no hay políticas de estado Milei habla de 35 años pero se olvida que su gobierno, si gana, como mucho puede durar 8 Los K estuvieron tanto tiempo porque eran dos, y representan a una fuerza que históricamente es la única que realmente puede gobernar este país Macri le pidió guita al FMI y se la fumó (o fugó, vaya a saberse) y las cosas solo empeoraron A Cristina la condenó una justicia que nada tiene de imparcial Y ella es la única que puede representar al partido, hoy por hoy Yo creo que este año va a ser el fin del Kirchnerismo, quizás el peronismo tome otra figura, pero dudo que vayamos a estar hablando de "massismo" en 5 años
Comment from : Daniel Rossy Explica

That's why power of American dollar should be distroyed
Comment from : Nasimur Rahaman

No puedo creer lo tendencioso de este video
Comment from : Julia Capoduro

funny how the economist only talks about perons legacy for his first two goverments (that took millions out of poverty to become middle class) but doest talk about the 6 dictartoships that we had during the 20th century Our economic problems cant be solved ultill we solve out political ones All of our political parties need to reach consesus about how to end inflation and organice the exchange rate, but it seems that some still belive in the recipies that took us to hiperinflation and default in the 90s and the end of the last century
Comment from : Dante Mosquera

Pero cuantas copas tenés? JAJAJA
Comment from : Explosive Diarrhea

Este país está completamente jodido
Comment from : Emanuele Mazzoni

So this is where Ghana is heading to Ok now I need to leave
Comment from : Top Rated Football

The simple reason is : g r e e d Yes, greed from well-off, upper and long-to-be-well-off middle class who complain about social politics but supports state-support companies which use State subsidies on what has been called "financial bicycle"
Comment from : Marcelo Benitez

too far
Comment from : ShiLong Tang

VIVA LA LIBERTAD CARAJO!!!
Comment from : THE APPLE WAIFU

Socialism
Comment from : Noah Jessie

The Coldplay Dollar $$$ brilliant 🤣
Comment from : Pablo De La Noche

Because of corruption Law in Argentina is a joke
Comment from : Augustin T Obrien Caceres

Poor country
Comment from : mike joe

I do not think Argentina's economy is a mess What is a mess is the news that keep repeting the same "information" for decades and creating division and anger in people In Argentina you have extremely wealthy people and also poor, just like all over the world
Comment from : Francois

A ver cómo me explican el desastre
Comment from : Leonardo J L Seling

Peron dont encorrege the aisoletion of the economy, insteed was EEUU in a cold war movement that bloqued all external comercial to them and de european contry that need the marshall plan Peron until his last year serch ways to comercializate whit EEUU and Europe
Comment from : Guido Martin Burgos Kaenel

She's gorgeous
Comment from : Mayank

1989 again!!!!!!!!!!!!! any COSERVATIVE WHO HATE MARXIT IS RADICAL!!!! brbrSTOP CORRUPTION!! HAVE MORE PEOPLE WORKING!! YOU CAN'T HAVE 1/5 SUPPORTING WHOLE COUNTRY!!
Comment from : MaTador

Oh yes, the europeans from south america, i can see the superior white genes at work
Comment from : スペクトル

i just stopped watching this video since the moment it says that Javier Milei wants to dollarize the economy, that's fake news he already said he won't do that cause it is impossible
Comment from : Tomás Benjamín GM

what is the reporter’s name? asking for a friend 😅
Comment from : akshay

No Brandon u look confused already retire
Comment from : Kangaroo jack

Social justice is a cancer
Comment from : Coimbra Law

I know this has nothing to do with the topic at hand, but the correspondent is so cute Her S/O is one lucky SOAB
Comment from : cobytang

Didn't explain anything really
Comment from : Tasty Pymp

I live in Egypt, and its situation is very similar to that of Argentina, with salaries, a weak currency, extreme prices, and everything
Comment from : Salvador Castillo

Isn’t Argentina the smart Latinos?
Comment from : O EAO

But they have their World Cup🔥
Comment from : Karol Gomez

The Economist: With such a poor and reductionist analysis of what the crisis is in Argentina, the only thing they are going to achieve is to make the person they do not want to be promoted (Milei) win in any way You ignore the fact that Argentina has an illegitimate and unpayable debt with the IMF, after having left the Vulture Funds, which in turn joined them to pay the IMF for the 2001 crisis Argentina's big problem is fiscal , it is not monetary The lack of policies regarding debt collection without popular consultation and behind its back is one of the reasons why we are where we are And the fact that there are these institutions like the IMF that indebt countries without doing the economic impact study (that is, analyzing whether the country with how the capital granted was invested can pay that debt in the future) is another generator of the crisis All capital that was lent was fled Their analysis also ignores the fact of companies that have debts with the Argentine State but whose debt was forgiven
Comment from : Santiago Campan Upton

Not sorry fa dem
Comment from : Christopher Senior

Argentine is under economic attak by the big magnates who control the world This is a plan to destroy Argentine, even this video is for demoralize argentinians
Comment from : Pictogram Ilustraciones