There definitely is a crisis. So, I'm not making excuses for Macri or any other politician. It's a bad situation.
But the world has changed a lot since the early 2000s. Crisis or no crisis, people are going out less — even in a super social culture like Argentina. People are addicted to Netflix, Whatsapp and social media. You no longer have to meet in a cafe to have a conversation. You can just send a voice message on Whatsapp while you binge watch 5 hours of a series on Netflix.
The internet is destroying retail worldwide. Argentine businesses were able to avoid this for years, but now it's become much easier to buy products online. Despite the terrible economy, online purchases in Argentina grew 43% this year (source) and show no signs of stopping. I would not recommend ANYONE open up a storefront to sell their products in the USA, Europe, etc. And I would be tempted to give the same advice today in Argentina.
Which sucks, because I'm a huge advocate of the small businessman and I love all of those old school shops. So, it's sad. But the world doesn't care what I think. The world is what the world is. And this is where we are in 2019.
But the world has changed a lot since the early 2000s. Crisis or no crisis, people are going out less — even in a super social culture like Argentina. People are addicted to Netflix, Whatsapp and social media. You no longer have to meet in a cafe to have a conversation. You can just send a voice message on Whatsapp while you binge watch 5 hours of a series on Netflix.
The internet is destroying retail worldwide. Argentine businesses were able to avoid this for years, but now it's become much easier to buy products online. Despite the terrible economy, online purchases in Argentina grew 43% this year (source) and show no signs of stopping. I would not recommend ANYONE open up a storefront to sell their products in the USA, Europe, etc. And I would be tempted to give the same advice today in Argentina.
Which sucks, because I'm a huge advocate of the small businessman and I love all of those old school shops. So, it's sad. But the world doesn't care what I think. The world is what the world is. And this is where we are in 2019.