Argentina has had staggering inflation rates, multiple stints with debt defaults, and is a massive welfare state. We’re tracing the factors that pushed this once-prosperous nation to the brink.
And now, with a presidential candidate advocating for full dollarization, Javier Milei, the future of Argentina’s economy hangs in the balance. Will dollarization be the saving grace or another misstep in a long line of bad economic policies?
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.