Whilst similar, you need to take into account that there is a diversity in argentine economic activity that never existed in venezuela. If there is some redeeming quality that can be gleaned from argentine history is that it rebounds rather quickly.
I mean, if the politician is the one feeding you through food and cash handouts, since there are no private sector jobs, only public ones, and your education is shit, would you vote against them?
Basically, the majority is poor, can't get out of poverty (we are talking 2/3 generations of being poor at least), so they don't bite the hand that feeds them.
Hate has nothing to do with it, just raw pragmatism.
Possiy not, in a system where voting is non-compulsory! It's compulsory where I live and one of those idiots simply couldn't win as a consequence. Democracy is something you do, not something you have.
This resolves the psychological inertia component of inflation. Its not a solution on its own. It also requires political compromise, reduction of govt expenditure and ,at the very minimum, curtailing expansion of the monetary base.
Why would anything change? There is a dozen apps/bank analogues and fintechs that deal with crypto. They are all subject by and large to argentine banking law.
Personal credit lines are almost nonexistent or have rates which supercede inflation, (inflation+10% is not out of the ordinary). Credit card yearly interest rate for 2 years ago was >= 70%
There are preeexisting credit lines for property, but they are government subsidied mortgages with very a specific target audience. ie: salaried mid income families looking to buy their first property.
