Argentina’s annual inflation rate now stands at 114 percent `more than 100 percent.
That means the prices of some basic goods have more than doubled in the past 12 months.
The numbers from Argentina’s Bureau of Statistics also reveal that four in every ten people have been thrown into poverty.
Al Jazeera’s Teresa Bo reports from Florencia Varela in Buenos Aires Province where many must get creative to make ends meet.
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#Argentina #ArgentinaEconomicCrisis #ArgentinaInflation
Poor Argentines! Look into moving to North America or Europe! Life is good here in Canada 😊
Uhhhh no. We already have enough immigration. Canada need to take care of Canadians first. We don’t need more 3rd worlders.
It seems that inflation is the mother of invention in Argentina..
Now that Argentina will join BRICS it will solve everything!…. Oh wait no it wont really solve anything…
If Argentina were in the BRICS, it would have the highest HDI of the group, ahead of Russia, China, Brazil, South Africa and India
It’s hard to believe but Argentina has done it again.
😂😂😂
*Argentina🇦🇷 have border disputes with Chile.*
make border agreement & keep peace!
Isn’t the border of them with Chile all ice mountains lol
Half of the population is in handouts? With the economy in the bins and elevated inflation, that should be unsustainable. They need to stop the bleeding.
Soccer and Corruption are the biggest games in Argentina. The Vice President of this country was found guilty of fraud for a multi-million dollar scheme.
“The cash handouts help” 😂 the handouts and subsidies are the cause of the problem along with the corruption, it’s completely unsustainable. Argentina will have to learn to live within its means, its not a wealthy country and hasn’t been for a long time.
What about Portugal economy ?
I just don’t understand Argentina problem…they’re 2nd largest economy In SA …yet they’re struggling…
Push towards South of Argentina. Santa Cruz Province with Coastland Mixed-Agriculture Development is better to bring in necessary Farm Outputs. Don’t go with Flatland Agriculture as it dries out quickly with loss in fertility and Climate Change reduces Agricultural output. Flatland Agriculture demands more Water Resources. Argentina is not Australia to get Bucket Rainfall.
That man said that he only eats chicken, can’t afford beef😂. Most poor countries people live on rice, bread, instant noodles with veg, lentils or legume. Chicken is actually a luxury for majority of the world, esp since the outbreak of avian flu in most countries, chicken has highest inflation
Hyperinflation in Argentina?! Who would’ve thought?
No wonder they probably send all the Argentina beff to the north. $$$ There’s a local Argentina meat market in the neighborhood where i grew up. Recently, i found another Argentina meat market 🤔 near me and the meat is very high quality but expensive $12 a pound. Before inflammation it was like $7 a pound. Still i thought that was expensive.
Argentina turning into Venezuela
Jajaja hows that world cup argentins?🤣🤣