Finally, inflation is rampant (around 25% annually) but the government denies it and so it can collect more taxes since salaries are going up every year and more people fall into high-income tax brakets.
In a nutshell, the economy is not that bad, but the government keeps screwing up and everyone can see we're going down.
There are country-wide protests right now, here you can see them: http://tn.com.ar/envivo/24hs
There is a lot of corruption.
The president said, on TV, that the people must be afraid of her.
There are a lot of products that are not available anymore, for example, pacemakers (a relative of mine needs a new one and, at the moment, there are none available).
A picture of the protests of today: http://sphotos-e.ak.fbcdn.net/hphotos-ak-ash4/c99.0.403.403/...