"Detective, please. I do not think you are doing a very good job at this President 'side hustle.' Just change the currency back, resign, and let's get back to the investigation."
i kinda brought it up to a finance type guy yesterday and he said that after decades of terrible economic policy, argentina is finally on the right track, even if it's gonna hurt in the short term.
these fuckers will bend reality until it breaks before admitting that maybe people need food to eat.
They have been saying the exact same thing about the former Soviet Union for over thirty years now. Just some short term pain to correct for all the economic mismanagement of socialism. Any day now...
GDP per capita - itself a terrible measure, especially comparing socialism and capitalism - only in recent years got back up to 1991 levels in Russia. Ukraine (even before the SMO) never got back up to the Soviet level. The entire Eastern Bloc would have been better off today in GDP per capita terms if they just had barely above zero economic growth this whole time.
He looks like a Doctor Who villain! Like the sleazy businessman whose workers keep disappearing, then it turns out he's an alien in disguise or something.
No idea why it took me so long to make that connection.
no it's like cholesterol, where some is "good" and some is "bad". you have no idea what the difference is but you think the point is to eat more eggs and less deep fried things or something
"Wait, no! Milei's not a REAL libertarian, he's a socialist too! Argentina's still corporatist, not capitalist! Want REAL capitalism? Just look at Medieval Iceland or England! We can TOTALLY recreate those CAPITALIST societies in the 21st century! Trus me bro!"
Wasn't this intentional? The first thing he did was halve the value of the currency. Seems kinda goofy to dunk on someone for accomplishing what he set out to accomplish
No. He and his team are incompetent. He tried to rule by decree, when that failed he tried to push a huge law and when that got pushback they tried to take it back to committee without understanding it meant they were back to square one.
Even so, blaming him entirely for inflation is silly. He's only the president, and has only had a couple of months.
Regardless if it was intentional, his supporters domestic and abroad thought he was going to usher in the ultimate free market, free from regulations, age of consent, and communism