Analysis: Argentina’s Dysfunctional Economy

The Economist (September 7, 2023) – 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?

Video timeline: 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?

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