Friday 5 March 2010

Day 30: Crisis, what crisis?

Ask an Argentinian how the economic crisis is going and they ask: Which one? They've had so many that the global financial meltdown has hardly registered as anything new.

People remember not so long ago when things got so bad that all their bank accounts were frozen and prices in the supermarkets were rising by the hour. They blame mismanagement and corruption.

It's astonishing that a country so rich in natural resources should have so many economic problems, and so many people sleeping rough in its capital city. Moments after you leave your binbags out, someone is rifling through the rubbish.

Although it feels reasonably safe, locals warn of a sharp rise in muggings and pickpocketing. There are also more obvious signs of the poor state of the country's finances, like the terrible state of the pavements, the dilapidated buildings and the graffiti.

And now they can look at their neighbour Brazil thrusting ahead as one of the world's emerging powers.

No comments:

Post a Comment