I wonder what happens when a self serving con man mob boss takes over a country and starts using it like his personal piggy bank. Gee… I wonder.
Imagine if all of a sudden everyone in the country’s bank account shrunk to 1/3 of what it was in a year. Can’t even imagine the consequences of that.
Argentinians can, it has happened about 3 times for the past 4 years
Milei boot licking the IMF by privatizing resources and public services will end up like it did last time. Middle class will become poorer, child poverty and pollution will worsen and the wealth gap will get worse.
What middle class?
Also seems you are unaware the previous government did all the FMI bootlicking lol
Kirchner? They’re the ones who defaulted and refused to pay. Macri was the one who brought the debt back to repay it.
Since October and November Iprofesional was shooting for 50% inflation on December of this year if Milei Won. Other firms were expecting 35% and beyond, and BBVA in its projections was aiming for a 40% and more
25.5% is great considering all the impact of the emergency measures.
Since taking office Dec. 10, Milei devalued the peso 54% and eliminated price controls on hundreds of everyday consumer products, reversing the policies imposed by former Economy Minister Sergio Massa, who ran against him for president. The libertarian leader also halted runaway money-printing that had flared up during the presidential campaign.
It seems like this guy is making the right decisions here. Seems like he’s ripping off the bandaid for a problem that previous administrations had created. We’ll see if he can right the ship.