girlblog for boys

my classroom of 20 adolescent green aliens: [furiously taking notes]

the alien sitting in the back right corner: [sighs and stares out the window]

Buenos Aires, Argentina – “By the 10th or 15th of the month, I usually have to borrow money just to buy groceries and pay basic expenses,” says Victoria Pereira, 33 year old Argentine who works at a multinational firm. She is one of thousands of people suffering from the country’s soaring household debt delinquency.

According to the latest data from Argentina’s Central Bank (BCRA), the delinquency rate for bank loans reached 11.5% in March, while it hit 30.5% for digital wallets (fintech credit).

For traditional banks, the figure more than tripled compared to a year ago, when it stood at just 3.3%. While payment arrears in the fintech sector were already higher—at 20% in the same month of 2025—the rate still increased by 50%.

The trend reflects steeply rising credit card debt and personal loans, which experts say are driven by two key factors: a sharp drop in purchasing power since Javier Milei became president and stubbornly high interest rates.

While prices have surged by 303.6% since Milei came to power in November 2023, wages have failed to keep up. For formally registered workers, salaries saw an average decline of 13% in real terms in the period to February 2026. This drop varies significantly between the private (-8%) and public (-22.1%) sectors, according to a report by the Center for Research and Training of the Argentine Republic (CIFRA).

The strongest impact on salaries is that families are struggling to cope with continuous price hikes for utilities such as light, gas, water and transport.

Since Milei took power, utilities expenses for a household in Buenos Aires have increased 800%, according to the Interdisciplinary Institute of Political Economics (IIEP) of the University of Buenos Aires (UBA).

Star Trek...

Nobody ever seems to realise or remember that the United States is gone, defunct, a footnote in history, a relic as above in Star Trek