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When it comes to the honor of “the best in the world”, people often feel a sense of pride and pride. However, some “the best in the world” seem particularly heavy.
Argentina, a country on the South American continent, seems to have a unique obsession with the titles of “the best in the world” and “the first in the world”.
At the end of last year, Argentina once again shocked the world with the name of “bankruptcy”. This is the 9th time that the country has declared bankruptcy, far ahead of others and becoming the country with the most bankruptcies in the world.
What is even more surprising is that at a time when the global economy has stagnated due to the epidemic, Argentina has become the first country in the world to declare “bankruptcy”.
Since the economic turmoil in 2018, Argentina seems to have fallen into an endless vortex. A series of problems such as currency depreciation, soaring inflation, accumulation of international debts, cuts in social welfare, declining living standards, and frequent violent incidents are like chain locks, tightly binding the country.
It seems to have walked into a dead end and it is difficult to find a way out.
Although President Milley tried to turn the tide through a series of fiscal policies after taking office in December last year, these policies did not seem to bring the expected results, but made people’s lives more difficult.
Such Argentina makes people sigh at its ups and downs and helplessness.
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What has Argentina experienced?
In recent years, Argentina’s economic situation has been like a candle in the wind, precarious.
Until the outbreak of the epidemic, it was like the last straw that broke the camel’s back, and its economy fell into a deeper predicament.
Faced with the severe situation of the global epidemic, Argentina has taken extreme anti-epidemic measures to protect the lives and safety of the people at all costs, but this has also made the already fragile economy worse. Under the impact of the epidemic, problems such as employment, exports, and debt have followed one after another, and the whole country seems to be trapped in a swamp and unable to extricate itself.
After the new president came to power, in order to cope with the crisis, he adopted radical policies, drastically reducing cabinet departments, abolishing the central bank, and drastically devaluing the peso.
However, these measures failed to save the economic downturn, but made people’s lives more difficult. The government is like an ant on a hot pot, eager to find a solution, but finally adopted the method of printing a large amount of cash, which is a temporary solution.
Recently, the Central Bank of Argentina issued a “10,000 yuan banknote” with a face value of up to 10,000 pesos, and plans to entrust the China Banknote Printing and Minting Group to produce a 20,000-peso banknote, which is expected to be issued next month.
Behind this move is the shortage of paper caused by Argentina’s crazy printing of money, and it can only turn to external forces for help.
However, this endless printing of money will only accelerate currency depreciation, soaring prices, and make the money in the hands of the people become like waste paper.
The subway ticket price in the capital Buenos Aires rose by an astonishing 360% overnight. In order to save money, the school chose not to turn on the lights, reduce the wages of employees, and even face the crisis of bankruptcy.
Students dropped out of school because they could not afford tuition, and families fell into poverty because they could not afford the high cost of living.
In order to survive, more and more people have to take the road of crime, just to exchange for the necessities of life.
On the other hand, Argentina’s national debt is also increasing. The government began to frequently seek help from the International Monetary Fund, but it always used the excuse of “last request for help” and then showed a helpless attitude of “no money, no life”.
Such a cycle has gradually lost Argentina’s credibility and greatly reduced the trust of the international community in it.
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More than 100 years of comfortable life
When it comes to Argentina today, many people feel endless regret. The country that was once glorious in South America once enjoyed an extremely comfortable and rich life.
Looking back at the first half of the 20th century, Argentina was a shining star, with a prosperous economy, per capita income once ranked seventh in the world, domestic stability and peace, and people’s lives were carefree.
However, time flies, and the second half of the century witnessed the decline of Argentina.
The total economic volume has been declining. From $3,800 per capita income in 1913 to $9,940 in 2019, its growth rate has only doubled in more than a hundred years. The former glory has gradually faded away. Argentina has become a middle-income country, and the road to returning to the top seems to be a long way off.
However, even in such a predicament, the happiness index of the Argentine people remains high. This seemingly contradictory phenomenon actually has profound background reasons.
First, this land has never been ravaged by war.
Compared with other parts of the world, this land in South America is particularly peaceful. There have been few large-scale wars or conflicts in history, providing a stable and peaceful living environment for the Argentine people.
Second, Argentina is blessed with unique natural resources.
In terms of land resources, it is the world’s leader in food production; in terms of mineral resources, it has rich reserves of copper, silver, lithium and other metals; in terms of water resources, it is a giant in freshwater reserves and hydropower generation… These rich natural resources provide basic living security for the Argentine people, allowing them to live and work in peace and contentment on this land.
Therefore, even though Argentina’s economic situation is no longer as glorious as it used to be, its people’s happiness index remains at a high level. The tranquility and richness of this land have brought endless hope and longing to the Argentine people.
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A must-go for countless people in this life
As the shining pearl of South American tourism, Argentina’s rich tourism resources attract the attention of tourists from all over the world.
If you love the freshness and tranquility of nature, Bariloche is undoubtedly a holy place you cannot miss.
Located at the foot of the Andes, it is like a miniature of the Alps, and its picturesque scenery in all seasons gives it the reputation of “Little Switzerland”.
Here, you can fully appreciate the wonders of nature and feel the comfort and tranquility of leisure and vacation.
Most of the residents of Bariloche are descendants of German, Swiss and Austrian immigrants. Its architectural style also inherits the European tradition, which is exquisite and elegant. Strolling through the streets and alleys, you feel like you are in a small town in Europe. The street scenes and scenery are intoxicating.
Ushuaia, a city at the end of the world, is only 800 kilometers away from the Antarctic Peninsula and is the gateway to Antarctica. It hides the dreams and fantasies of countless people, which are sci-fi, mysterious and full of fairy tales.
As the southernmost park in the world, Tierra del Fuego National Park allows you to appreciate the unique charm of polar scenery. The museum and post office at the end of the world add a different kind of memory and warmth to your trip.
In this city, lovely wooden houses are scattered between hillsides and snow-capped mountains like fairy tales, which are incredibly beautiful. Every scene is picturesque and makes people linger.
El Calafate, a town forgotten by the world, always maintains tranquility and peace.
Here is Argentina’s most worthwhile glacier national park. When you face the Perito Moreno Glacier, the glaciers are tens of meters high and stretch endlessly, as if a magnificent picture of nature is unfolding before your eyes. The sound of the glacier tearing is like thunder, and huge ice blocks fall into the water and splash huge waves. The power of nature is awe-inspiring.
Iguazu Falls, as the largest waterfall in South America, is also one of the widest waterfalls in the world. It is located on the border between Argentina and Brazil, 82 meters high and 4 kilometers wide.
The uniqueness of this waterfall lies in the diversity of its viewing points. No matter where you are, you can enjoy different views, which is breathtaking.
Boca District, this is a treasure of Argentine culture.
Football, tango, bright colors, and unrestrained people together constitute the enthusiastic impression of Boca. The colorful houses here are like cottages in a fairy tale world, attracting countless tourists to check in. These beautiful houses were not intentional at first, but because of historical reasons, they formed this romantic place today.
Although Argentina was once one of the richest countries in the world, it is now facing many challenges.
But in any case, its security situation is still guaranteed and it is worth your exploration. I hope this beautiful country can get out of the crisis as soon as possible and regain its former glory.
