I live in Argentina. Since October 2011 the government has been enacting new legislation almost weekly to restrict citizens access to US dollars, as well as tightening tax control to an almost ridiculous level.
Also, for the last couple of years the government has been restricting imports, specially if companies refuse to export something (for example, Porsche is exporting peanuts so it can bring cars into the country). Apple for example refused, so none of their products can enter the country. The only Apple store in my city closed shop a few months ago.
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