A lifetime of financial crises: Argentine seniors ‘keep moving forward’
Inflation rates hit 114% in Argentina this May, cause for alarm in any economy. But here in Argentina? “Otra vez sopa!” “Soup again,” as the locals say, or “Here we go again.”
That’s because despite the sting of money losing value, this isn’t the first time Argentines have dealt with eye-watering levels of inflation. The economy has spiraled since 2018, racking up the third-highest inflation rate in the world and causing poverty not seen in decades. But it’s just the latest chapter in Argentina’s long history of chronic economic instability.
“In all my years, I’ve never seen Argentina as bad as this,” says Estela Maris Rado, who is in her late
