Watch: The new crisis in Argentina (ARTE)
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Watch: The new crisis in Argentina (ARTE)

Billions in loans and inflation is sky-high

 

Argentina's 2001 bankruptcy is still fresh in the minds of its citizens. And many are still living with the consequences. Inflation that could reach up to 48% this year in Argentina. Its currency has lost 50% of its value, and has a loan to the tune of $57 billion from the IMF.

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