ELI5: Explain Like I'm 5

2002 in Argentina

In 2002, something very bad happened in Argentina. Argentina is a country far away from here, where many people live. They use something called money to buy things that they need like food, clothes, and toys.

But in 2002, the people running the country made some very bad decisions and didn't protect the money properly. This caused the money to become worth much less, which means people couldn't buy as much with it as before. It also meant that some people who had saved a lot of money suddenly found out that they didn't have as much anymore.

This made a lot of people very angry and sad. They wanted to know why this happened and how they could fix it. Some people even got so angry that they started to protest on the streets to show that they were very upset.

Eventually, things started to get better and the country worked hard to try and fix the problems that had happened. But it was a very tough time for the people of Argentina, and it taught everyone a valuable lesson about the importance of taking care of money properly.