In Argentina, locals are taking loans to buy food

[Bill]

In Argentina, locals are taking loans to buy food​

Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.
I don't think many are talking about how badly some are in debt here.

“I have never experienced anything like this,” Nacasio told Al Jazeera. “Over the past 25 years, we have worked hard, and our jobs allowed us to build a house from scratch, buy a car and give our 17-year-old son a decent life. Now, we have better jobs than we did then, and still cannot even afford food for the whole month.”

In Argentina, locals are taking loans to buy food

Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.

www.aljazeera.com

 

[Avocado]

In Argentina, locals are taking loans to buy food​

Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.
I don't think many are talking about how badly some are in debt here.

“I have never experienced anything like this,” Nacasio told Al Jazeera. “Over the past 25 years, we have worked hard, and our jobs allowed us to build a house from scratch, buy a car and give our 17-year-old son a decent life. Now, we have better jobs than we did then, and still cannot even afford food for the whole month.”

In Argentina, locals are taking loans to buy food

Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.

www.aljazeera.com

The majority of people I know do not make it until the end of the month. Many are living on credit or getting help from family members or friends to get through the month.

 

[ben]

In Argentina, locals are taking loans to buy food​

Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.
I don't think many are talking about how badly some are in debt here.

“I have never experienced anything like this,” Nacasio told Al Jazeera. “Over the past 25 years, we have worked hard, and our jobs allowed us to build a house from scratch, buy a car and give our 17-year-old son a decent life. Now, we have better jobs than we did then, and still cannot even afford food for the whole month.”

In Argentina, locals are taking loans to buy food

Argentinians are taking on loans, selling their belongings, and living on credit cards to pay for basics including food.

www.aljazeera.com

This is truly sad. Sometimes makes me realize how lucky some of us are and shouldn't complain.

 

[Betsy Ross]

The majority of people I know do not make it until the end of the month. Many are living on credit or getting help from family members or friends to get through the month.

I also know some that don't make it until the end of the month. But to be fair, I think it has been this way for a long time. But many are complaining they are struggling mainly with utilities and their condo fees. What stability they have at the supermarket is more than getting killed with tuition for their kids and utility and condo fees.

 

[James Bond]

The majority of people I know do not make it until the end of the month. Many are living on credit or getting help from family members or friends to get through the month.

This is truly sad. My girlfriend's mother that lives in CABA is in the same situation. We send her monthly Western Union help otherwise she wouldn't make it. We are thankful we moved out of Buenos Aires when we did. Our friends in BA are struggling. Their salaries have gone up but they aren't keeping up with inflation.