Turkey’s inflation soars to 73%, a 23-year high, as food and energy costs rise

Re:Turkey’s inflation soars to 73%, a 23-year high, as food ... by puranjay on Saturday June 04, 2022 @04:45PM (#31624876)

Argentina is blessed with natural resources and vast fertile land. It is perhaps the second best piece of geography in the world in terms of natural resources and fertile land after America

The mystery is why it doesn’t grow, not why it doesn’t collapse. Inflation is a beast if people can’t get enough food. But Argentina has never had much of a problem in that respect

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Re:Turkey’s inflation soars to 73%, a 23-year high, as food ... by j8hn on Saturday June 04, 2022 @06:26PM (#31625702)

There are some who argue Argentina would face massive social unrest if it weren't for it's welfare programs.

"Benítez is one of millions of Argentines who survive largely thanks to soup kitchens and state welfare programs, many of which are funneled through politically powerful social movements linked to the ruling party. Almost a third of Argentine households are estimated to receive some kind of social assistance."

https://apnews.com/article/politics-argentina-buenos-aires-i...

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