How This Country Is Crushing Inflation in the World’s Most Inflationary Region.
This country, a neighbor of inflation-ridden Argentina and Venezuela, may teach us something.
The current year has been challenging for many countries around the world.
- Job openings in the US are quelled at record low levels, and some sectors are beginning a wave of large layoffs.
- There are increasing sparkles of a financial collapse in China that might lead to the worst real estate crisis recorded.
- In many nations, families are at the risk of losing their homes if they have an ARM mortgage due to rising interest rates (and Politicians are making everything worse).
- Russia is struggling with the sanctions imposed by the west, (despite the myth propagated that everything is fine in Moscow), while countries like Germany are experiencing an unprecedented energy crisis.
If even developed, stable countries like the US or UK are having economic problems (I compared UK and US supermarket food prices over 3 months and found shocking results), can you imagine Latin America?
Yes, Latin America… a continent where economic turmoil is almost a rule, and not an exception. Two of the three worst inflation rates in…