Economy How does this paradox unfold? An Argentina with two faces

[florenceb]

Despite Argentina's bleak economic landscape, the country has re-entered a significant global investment ranking. While this may seem like a positive development, does it truly matter to the people?

Economy - Moody's predicted a gloomy outlook for Argentina, but the country returned to an important global investment ranking - Infobae

Moody's predicted a gloomy outlook for Argentina, but the country returned to an important global investment ranking - Infobae Source...

www.expatsba.com

 

[perroc]

I believe attracting investors is highly beneficial for the country. The issue lies in the current situation where people can't see beyond their own finances and the hardships they're facing. However, in the long run, the benefits will become apparent.

 

[noname]

Seeking international resources to boost economic growth and employment in a country is a goal for those who understand the significance of private investment. If this investment comes from abroad, it's even better, as it signifies having outperformed potential competitors in the race to attract global capital.

So I think it's a very positive thing.

 

[Finance Prof]

The problem is that although stocks and investments are flying, it doesn't really trickle down to the poor. To them it doesn't really affect them too much. A good example is since Milei started his Presidency, shares on the Marvel have exploded. Going up 85% in USD and added $23 billion USD in market cap. But that doesn't really help the poor that don't have food.