Poverty in Argentina hits 20-year high at 57.4%, study says

https://www.reuters.com/world/americas/poverty-argentina-hits-20-year-high-574-study-says-2024-02-18/

by paulpauper • 2 years ago

53 42 2 years ago

gottorf• 2 years ago

Argentina is definitely a case study on the importance of governance on the lives of everyday citizens. With its fertile lands and diverse landscapes with plenty of mineral resources (including crude oil), there's no reason for it to be as impoverished as it is, other than mismanagement of the economy.

x3n0ph3n3• 2 years ago

Hopefully we're about to see that all turn around.

vdaea• 2 years ago

You don't get to change a country's culture just like that.

angra_mainyu3• 2 years ago

This is where years of bad governance gets you.

Not to mention, the previous government kind of set some time bombs before passing the government over to Milei.

https://www.ambito.com/opiniones/las-bombas-que-le-dejan-jav...

theossuary6• 2 years ago

Or maybe from the CIA overthrowing your elected leader in favor of a military dictatorship? I feel like that'd leave scars on any country 50 years deep.

walthamstow• 2 years ago

There's an anti-Brexit/UK-doomster commenter on the FT who regularly points out that at the start of the 20th century Argentina was in the top 10 for GDP per capita but it was all destroyed by mismanagement, incompetence and corruption

ChrisArchitect2• 2 years ago

[dupe]

Discussion: https://news.ycombinator.com/item?id=39448542

ChrisArchitect2• 2 years ago

And more related:

What is going on in Argentina?

https://news.ycombinator.com/item?id=39452866

whatscooking• 2 years ago

America in 10 years

Brajeshwar• 2 years ago

When you say something like this, can you please elaborate a tad little more with some big picture points. Curious query from someone not from/in America (the USA). Does this include Canada too?

blovescoffee3• 2 years ago

It's non-sense.

billtsedong• 2 years ago

I hope Argentinians prefer being extremely poor pro western instead of being moderately poor BRICs cuz that's what happen when you bet on dying horse

Poverty in Argentina hits 20-year high at 57.4%, study says

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