Argentina Does The Impossible in Just 1 Year from Bankruptcy to Booming Economy

[jantango]

 

[MarshallE]

Is the economy really booming though? Seems like most folks are scraping by

 

[Vossos]

Is the economy really booming though? Seems like most folks are scraping by

The economy booming doesn’t mean that the average person is seeing any benefit from it. There are clearly some people benefitting but anecdotally I’ve not seen any examples. I suspect it’s very few benefitting very nicely and the majority losing out

 

[carride]

Countries do not declare bankruptcy.
When a country can't or won't repay its debts, it's called a sovereign default.

Plus at no time in the content of the video are the words Bankruptcy or Booming ever mentioned. Only mentioned in that title. An obvious click for profit YT scheme.

 

[perry]

there is no signs at all of booming economy . all i see is businesses closing down and the worst tourism year since I have been here . Even the most basic negocio the kiosco has had it's worst year ever recorded since records began .

 

[Dim Witty]

Prices through the roof. About 50% poverty. Masses living in the streets. Many retirees (living?) on less than U$S 300/mo. Social programs severely cut. Children's hospital recently closed that treated 600,000 patients in the past year, many with cancer and other fatal ailments. Medical research shut down or extremely defunded, as are schools. Arg.is an oligarchy with the battle cry, ("Privatize everything, and let it trickle down!).
But it does not "trickle". When the Richies cups fill, they just replace them with bigger cups.

 

[perry]

Prices through the roof. About 50% poverty. Masses living in the streets. Many retirees (living?) on less than U$S 300/mo. Social programs severely cut. Children's hospital recently closed that treated 600,000 patients in the past year, many with cancer and other fatal ailments. Medical research shut down or extremely defunded, as are schools. Arg.is an oligarchy with the battle cry, ("Privatize everything, and let it trickle down!).
But it does not "trickle".

thank You dimwitty for your realism.

 

[Dim Witty]

This is "Trickle Down" economy:

 

[Johngwyn]

Who ever made this video never been to Argentina themselves.

 

[Quilombo]

I'll tell all the new homeless people living on my street that things are actually great per foreigners who've never been to Argentina/earn the minimum or average salary.