• About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
Saturday, September 30, 2023
Invest Daily Pro
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Politics
  • Editor’s Pick
No Result
View All Result
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Politics
  • Editor’s Pick
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Forex

Sick again, Argentina’s economy eats away at nation’s mental health — study

by
August 11, 2022
in Forex
0
Sick again, Argentina’s economy eats away at nation’s mental health — study
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter
REUTERS

BUENOS AIRES — Argentines mired in their country’s latest economic meltdown are experiencing a growing sense of hopelessness, according to a landmark mental health study that points to boom times for at least one profession: psychologists. 

Beset by soaring inflation that depresses livelihoods as the peso currency steadily declines, the dysfunctional economy is wreaking havoc on the population’s state of mind as well as its wallets. 

That’s the conclusion of a survey by Buenos Aires University’s (UBA) applied psychology department, which found that upwards of 85% of 1,700 respondents think the present crisis has made them less hopeful for the future, with half describing the change as significant or drastic. 

Blessed with rich natural resources, the South American country has nevertheless lurched from one crisis to another for much of its 200-plus years since independence, progressively helping fuel demand for mental health care, which is generally accessible through public hospitals. 

According to pre-pandemic data from the World Health Organization, Argentina had 222 psychologists per 100,000 residents, compared with 49 in France and 30 in the United States. 

“The constant cycle of crisis has filled up so many doctor’s offices,” said Gustavo Gonzalez, head of the UBA’s applied psychology department. 

“Things are bad, and in some ways, worse in terms of mental health.” 

The UBA poll showed the most used terms by respondents to describe their current state of mind were “anguish,” “fed up,” “angry” and — the single most used term among 18–29-year-olds — “fear for the future.” 

Nearly 90% said they thought their economic circumstances would worsen over the next year. 

President Alberto Fernandez has sought to stop the economic rot with measures including giving his latest economy minister, Sergio Massa, expanded powers over trade, industrial and agricultural policy. 

Meanwhile, the ranks of the poor have swollen to almost 40% of the population. 

UBA’s Mr. Gonzalez said the present turmoil was contributing to a “psychological saturation” for those most affected, as too many emotionally exhausted people essentially gave up on the possibility of a brighter future. 

“The average Argentine can’t seem to find the light at the end of the tunnel, and they obviously hold the government responsible,” he said, potentially bad news for Mr. Fernandez’s ruling center-left Peronists when the country holds elections next year. 

“It’s like a curse that eternally returns.” — Reuters

ShareTweetPin

Related Posts

Allied Care Experts (ACE) Medical Center–Tacloban, Inc. to hold 2023 Annual Stockholders’ Meeting on Oct. 23
Forex

Allied Care Experts (ACE) Medical Center–Tacloban, Inc. to hold 2023 Annual Stockholders’ Meeting on Oct. 23

September 30, 2023
Powering sustainable luxury: The all-new Mercedes-Benz EQ
Forex

Powering sustainable luxury: The all-new Mercedes-Benz EQ

September 29, 2023
Allied Care Experts (ACE) Medical Center–Tacloban, Inc. to hold 2023 Annual Stockholders’ Meeting on Oct. 23
Forex

Allied Care Experts (ACE) Medical Center–Tacloban, Inc. to hold 2023 Annual Stockholders’ Meeting on Oct. 23

September 29, 2023
Some firms unaware of England’s new single-use plastic ban which is just days away
Forex

Some firms unaware of England’s new single-use plastic ban which is just days away

September 29, 2023
Political leaders urged to support businesses navigate ‘seismic’ period promising transformational benefits for international trade
Forex

Political leaders urged to support businesses navigate ‘seismic’ period promising transformational benefits for international trade

September 29, 2023
UK households face tax rise of £3,500 a year by next election, thinktank IFS finds
Forex

UK households face tax rise of £3,500 a year by next election, thinktank IFS finds

September 29, 2023
Next Post
Four new directors for Bank of England board

Four new directors for Bank of England board

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FWD Life Philippines appoints new president

FWD Life Philippines appoints new president

February 13, 2023
Ties with tech companies sought for legal sector

Ties with tech companies sought for legal sector

October 20, 2022
Amazon pledges £300M to boost delivery fleet with 700 e-lorries to cut UK pollution

Amazon pledges £300M to boost delivery fleet with 700 e-lorries to cut UK pollution

October 10, 2022
Mexico, Cuba report rare deaths of two patients with monkeypox

Mexico, Cuba report rare deaths of two patients with monkeypox

August 24, 2022
GM Darwin Laylo back as Philippine top chess player

GM Darwin Laylo back as Philippine top chess player

February 7, 2023
Xiaomi launches flagship 12T Series phones

Xiaomi launches flagship 12T Series phones

October 5, 2022
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Privacy Policy
    • Terms & Conditions
    • Contact Us
    • Email Whitelisting

    Copyright © 2023 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About Us
    • Contact Us
    • Email Whitelisting
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank You

    Copyright © 2023 SmarterNewsNow. All Rights Reserved.