• @[email protected]
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    3611 months ago

    “When we hit rock bottom, we will bounce back,” he said.

    Or maybe you’ll just go splat.

      • @[email protected]
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        3011 months ago

        Because shock therapy has been done before, and the west is effectively at war with the result right now. Argentina might not be as bad but it’s easy to assume when looking at the history of the policy that it makes everything worse except for foreign and local elites.

        • @[email protected]
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          -3411 months ago

          Argentina has been bankrupt defaulted 7 SEVEN times.

          They had over a decade of MORE AS ONE HUNDRED PERCENT INFLATION EACH YEAR.

          This guy fixed it in one month by not overspending and bringing the peso to a level that is more in stroke with reality.

          But the extreme leftish here on lemmy won’t ever admit their zurdosdeemmmmmm fcked the country AND MANY OTHERS LIKE IT! for so long.

          It’s a pity that in developed countries you shouldnt vote right and in developing countries you shouldn’t vote left. Both are abused by criminals and narcos and dictators

          • @splonglo
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            2111 months ago

            Argentine inflation is at 211.4% , the highest it’s ever been in 32 years. The value of the Peso is about where it would be if it’s existing downward trend had continued. Go check it, he’s barely made a difference to it’s value. I’m sure Milei’s PR team is hard at work making up these claims but please fact check them because they’re obviously BS.

            • @[email protected]
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              -1011 months ago

              The real thing is the spending had to stop. They spend more as they get in and they DON’T have the FED NOR US ARMY

          • @[email protected]
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            1911 months ago

            This guy fixed it in one month

            Did he?

            Since he took office in December, Milei has slashed public spending, winning the approval of the International Monetary Fund and securing a budget surplus for the first time in 12 years in a country whose previous governments oversaw rampant inflation and multiple fiscal crises.

            However, annual inflation has still risen to 254 percent, the price of bus tickets has more than tripled, and the government has frozen crucial aid to soup kitchens that have ever more mouths to feed.>

            What did he fix?

          • @[email protected]
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            11 months ago

            Both are abused by criminals and narcos and dictators

            Everything is subsumed and used by those hungry for power, and with the means to solidify it. That doesn’t mean that the content of their claimed political thought doesn’t have meaning, or that we can never conclude anything about humanity or its ideologies from looking at history, understanding theory, analyzing culture, power …

            Maybe understand why people here seem ‘extreme’ left, instead of just writing nonsensical, and obviously bad faith or confused arguments.

              • @SkippingRelax
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                811 months ago

                Mate, a populist fascist is a populist fascist in sud America, Greenland or in the US. You don’t need to live in the country to see how trump, bolsonaro, duterte or milei are just shit human beings that prey on poor and ignorant people. That’s what populists do, we have seen it a million times in the past and since you mention education, that’s the only hope that people learn critical skills and stop voting for these assholes ( or better even, they hang them upside down)

                • @[email protected]
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                  -511 months ago

                  The last twenty years is what has brought us TODAY. his results will be visible IN THE FUTURE. NOT TODAY.

                  • @SkippingRelax
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                    11 months ago

                    The last twentyONE years is what brought us to TODAY.

                    – 1934. A disgruntled German referring to Hitler’s ascent to power

                    Again, you are the one who mentioned education. That’s the only thing we can use to prevent making the same mistake over and over.

                    Had someone handled Hitler and miles (Bolsonaro, Berlusconi… the list is long and incredibly reperitive) the way they need to be treated we wouldn’t repeat the same pricey mistake over and over. And south America should have learnt a thing or two about fascist dictators by now.

          • @MadBigote
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            1311 months ago

            fixed

            He didn’t fix shit. If course he had a surplus, because he stopped spending for a period of time, But that doesn’t mean the economy will be able to handle in the mid term.