"Tango in Times of Economic Turbulence: Argentine Passion Amid Crisis"

Generated on March 13, 2026

TLDR In an episode of Planet Money examining the Argentine economy during hyperinflation and peso crises, host Alex blends stories from a shoe boutique's frequent price hikes with tales of tango dancers enduring black market rates amidst Argentina's economic turmoil.

Timestamped Summary

00:00 Despite an economic crisis marked by hyperinflation, Argentina hosts its biggest tango competition annually.
03:41 Despite Argentina's ongoing peso crisis impacting daily life and spurring black market activity, Saya navigates her passion for tango amidst these economic challenges.
07:27 Saya discovers how Argentina's currency crisis affects even a small business like the upscale shoe boutique.
10:48 Saya discovers that due to Argentina's currency crisis, even luxury shoe boutique Neo Tango must frequently raise prices.
14:29 Due to Argentina's currency controls creating an artificially high peso value, black markets thrive exchanging dollars at a much higher unofficial rate.
17:57 Amidst Argentina's currency crisis, a black market thrives with unofficial rates and counterfeiting risks starkly contrasting the official rate to which locals have limited access.
21:29 During Argentina's currency crisis, a black market flourishes while tango dancers like Saya prepare for high stakes competitions amidst economic uncertainty.
Categories: Business News

"Tango in Times of Economic Turbulence: Argentine Passion Amid Crisis"

A black market, a currency crisis, and a tango competition in Argentina
by Planet Money

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