Argentina’s inflation is at 100%. Australia almost suffered the same fate | If You're Listening

preview_player
Показать описание
Inflation in Argentina is at 100 per cent. The government is printing money fast and locals are spending in US dollars because the peso is so unreliable. Now, the far right Presidential candidate, Javier Milei, wants to shut down the Argentine central bank. The economy is like a rollercoaster. It might be tempting to think, "they're different over there", but here's the thing: they're kind of not.
Argentina — one of the wealthiest countries in the world — was once uncomfortably similar to Australia. Until it totally lost control of its own economy.

ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab.

Note: In most cases, our captions are auto-generated.

#ABCNewsIndepth #ABCNewsAustralia
Рекомендации по теме