World Cup run temporarily masks Argentina’s inflation misery

Students graduating from General Las Heras Elementary School, where Lionel Messi also studied, pose for group photo wearing their graduation hats by a mural of Messi. (AP)
Short Url
Updated 15 December 2022
Follow

World Cup run temporarily masks Argentina’s inflation misery

  • Argentina has had double-figure inflation for decades
  • Writer Ariel Scher: The power of football is that “it gives us the possibility of a happiness that is both transient and eternal”

BUENOS AIRES: Argentina’s economy may be sinking but the entire country is buoyant, basking in the elation of its football team led by iconic captain Lionel Messi reaching the World Cup final.

The dream of landing Argentina’s third world title, 36 years after the last one, seems — at least for now — to have let Argentines forget their woes.

That No. 3 seems significant today, and not just because Messi and his teammates seek to put a third championship star on the team’s blue and white jersey.

Sporting glory arrives at a time when many people believe the inflation that has wreaked havoc on the South American nation’s economy will reach a barely believable triple digits for 2022.

Last Thursday, the INDEC statistics institute published the price index for November, around six percent, suggesting inflation, which already stood at 88 percent over the last 12 months, is not decelerating.

Argentina has had double-figure inflation for decades.

But there is a genuine feeling that soccer success — and that Messi magic — can alleviate the pain of millions in a country where the poverty level is over 40 percent.

Before the tournament in Qatar began, Argentina’s Labor Minister Kelly Olmos was even asked whether lowering inflation was more important than winning the World Cup.

“We must constantly work against inflation, but one month won’t make a huge difference,” she said.

“On the other hand, from a morale point of view, given what it means for all Argentines, we want Argentina to be champions,” Olmos added. “The Argentine people really deserve some joy.”

Predictably, that provoked a barrage of criticism.

And yet Argentines crowd around television screens in droves to watch the team’s matches, whether in bars, homes, even a Buenos Aires ‘fan zone.’

Most of these fans could never dream of affording a ticket to Qatar in a country where the average wage is a meagre 66,500 pesos ($390).

“People are well aware of the problems” but football and the economic situation “are on parallel paths, they don’t meet,” Lucrecia Presdiger, a 38-year-old hospital worker, told AFP after Argentina’s quarterfinal victory over the Netherlands.

“Many people really need this joy and are making the most of it. But they don’t take it literally, they know it’s only football, they are perfectly aware of the problems,” Presdiger said, adding: “You shouldn’t take them for fools.”

For designer Tony Molfese, an Argentina triumph would be “a relief, a breath of fresh air, a joy, even momentary – and we deserve it.”

Olmos drew parallels with Argentina’s first World Cup success in 1978, when the country was run by a military dictatorship.

“We were under dictatorship, persecuted, we didn’t know what tomorrow held, but Argentina became champions and we went out to celebrate in the streets,” she recalled.

“And then we went back to the reality, which was unrelenting.”

Despite the great passions football inspires, it remains just a game, according to writer Ariel Scher.

“Football bestows individual and collective joy, but that joy is transient, it doesn’t eliminate the other problems of existence,” Scher, a university lecturer and football specialist, told AFP.

“It’s like when our child passes an exam: We’re delighted but that doesn’t pay the bills.”

The power of football is that “it gives us the possibility of a happiness that is both transient and eternal,” added Scher.

“No problems will be resolved or eliminated but at the same time, even briefly, it dazzles us with something that leaves a lasting memory.”

In a November poll, more than three quarters of Argentines said the country’s fortunes at the World Cup would have an effect on people’s morale.

Some 32 percent even said they thought the result would affect the next presidential election in 10 months time.

Political scientist Raul Aragon scoffed at such an idea.

Regardless of what happens in Sunday’s final “the social mood will return to what it was before. And no political force could capitalize on any eventual victory.”


Tottenham names Igor Tudor interim manager till end of season

Updated 5 sec ago
Follow

Tottenham names Igor Tudor interim manager till end of season

  • The former Juventus coach takes over till the end of the season
  • Tottenham’s next fixture is at home to local rival Arsenal on Feb. 22
LONDON: Tottenham appointed Igor Tudor as interim manager on Saturday after Thomas Frank was fired three days ago.
The former Juventus coach takes over till the end of the season at a time when Spurs are just five points above the relegation zone in the Premier League.
“It is an honor to join this club at an important moment,” Tudor said. “I understand the responsibility I have been handed and my focus is clear. To bring greater consistency to our performances and compete with conviction in every match.
“There is strong quality in this playing squad and my job is to organize it, energize it and improve our results quickly.”
Juventus fired Tudor on Oct. 27 following three straight losses and an eight-match winless run, with the Italian powerhouse eighth in Serie A.
The 47-year-old Croatian was previously in charge of Lazio, Udinese, Marseille, Galatasaray and other clubs in Croatia and elsewhere.
Tudor is the sixth head coach in less than seven years at Spurs since Mauricio Pochettino departed in 2019.
Frank was fired after he failed to build on his success at Brentford.
Despite leading Spurs to the round of 16 in the Champions League, Frank has overseen a desperate domestic campaign. A 2-1 loss to Newcastle on Tuesday was greeted by boos from the home fans and left the club without a league win in 2026.
The home defeat to Newcastle extended a woeful run to one win in 11 in England’s top flight.
Spurs dropped to 16th in the standings, two places above the relegation zone.
Frank was appointed at the end of last season when Ange Postecoglou was fired despite leading Tottenham to its first trophy in 17 years by winning the Europa League and securing Champions League qualification.
Tottenham’s next fixture is at home to local rival Arsenal in the Premier League on Feb. 22.