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Planet Money

Messi economics

Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 1 December 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

Soccer star Lionel Messi is currently hoping to lead Argentina to victory in the World Cup. His path to global fame was shaped by a crisis in Argentina's economy.

This episode was made in collaboration with NPR and Futuro Studios's The Last Cup podcast.

Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney

Transcript

Click on a timestamp to play from that location

0:00.0

This is Planet Money from NPR.

0:06.5

There is this incredible video, this grainy video from the 1990s.

0:11.5

It's a soccer match in Argentina.

0:15.3

And even though this has got proper sports announcer, what we're seeing is a patchy field surrounded

0:21.6

by concrete walls with peeling paint and the players here, they are a bunch of children.

0:29.5

We see this tiny seven year old get the ball and then just like weave through almost

0:34.8

an entire team of bigger players.

0:41.9

Messi goal as in Leonel Messi who is now 35 years old and arguably the greatest soccer

0:49.4

player on the planet.

0:51.4

Messi is currently trying to help Argentina win the World Cup, which they have not won since

0:57.6

before Messi was even alive.

1:00.2

And I felt like I had heard all about Messi and all about his soccer journey until I heard

1:06.2

it all reframed as an economic story in a new podcast series called The Last Cup.

1:13.0

Because when Leonel Messi was born, Argentina's economy was headed for disaster.

1:17.8

Unemployment would surge, inflation would head towards not 8%, not 11%, 2600%.

1:25.2

And as bad as that was, things would get even worse into the late 90s when Messi was

1:29.8

10-11-12 years old.

1:32.5

A group of our NPR colleagues, along with Futuro Studios, have been telling an incredible

1:37.8

story about this period of time in Argentina.

1:41.0

It is this street level version of what it was like to live through all of this as a kid,

1:46.8

you know, like aware, but also not entirely aware.

1:50.4

And it follows two very different people as they leave Argentina.

...

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