Aww, why didn’t he stay the course? Things have been going so well!
Did it get into this stat because of bad policy or because of corruption?
Yes.
Probably a lot of both, though the last government Fernandez/Kirchner was a special treat, considering especially the Kirchner clan’s history of economic failure and record-breaking number of corruption charges. But during the 2019 elections Kirchner promised to have learned her lesson and do better this time, which appears to have convinced a majority of voters. 🤷♂️
Scary times for Argentina
I’m honestly interested to see how this goes. Usually when someone is elected who claims to be “libertarian” they don’t actually adhere to the philosophy or just pay lip service. I lean socialist myself, but one size never fits all and Argentina is in bad enough shape that maybe this will help.
It looks like he’s trying to heal a patient with bloodletting. I think it might help to revive the economy, but also may be a disaster. Also I think that the social guarantees should at least be in force after things get better, if not the whole time. Trying to work things out for the country by putting the citizens in even worse position does not seem like a humane thing to do even if it works :(
Same here. Milei as an experiment could go either way, but staying the course would have led to certain disaster… and to be frank, the country as a whole doesn’t have a lot to lose at this point anyway.
Could go either way fucking lol, the man is an insane cunt - what fucking possible way could it go except to shit? He might become a normal dude after a stroke? What the fuck
I think that’s a bit oversimplified. Milei’s no doubt a knob and there’s a good chance he’ll screw up, but the alternative would have been the former minister of economy doing four years of the same, which would have been a 100% chance of screwing up. So before you make any more oversimplified statements, consider the alternative to Milei.
Milei has inherited a country on the brink of economic collapse and hyperinflation, caused by a government that has financed its overspending by just printing more money for decades, and borrowing whatever foreign currency it could. This is obviously not sustainable.
He wants to link the peso to the dollar (so the government can’t print more money at will anymore - not to mention the fact that many transactions are already half-legally done in dollars anyway) and do away with some of the many regulations that the Peronists have been promising for decades will help the economy, but which most experts agree have unsurprisingly crippled it further, and in many cases facilitated corruption.
His opponent’s political program can be summed up as “introduce more subsidies”.
Which one makes more sense to you?Yeah, I understand that the choice is between liquid and hard shit, but this dude is insane. I can’t imagine the other choice could be worse
I can’t imagine the other choice could be worse
It probably depends on what you want to achieve. At the moment it’s probably to avoid hyperinflation, another national bankruptcy and poverty levels climbing to new all-time highs. Massa (the other guy) is known for trying to counter the effects of the current massive inflation by printing more money for government subsidies (let that sink in for a moment), so one could argue that whatever Milei actually does, it can’t be worse than that.
His (to put it mildly) over-the-top rhetoric, homophobia/misogyny and the suggestions to sell your organs to make ends meet etc. are different beasts altogether, but I can’t blame the voters for ranking having food on the table higher than strengthening LGBTQ+ rights. I’m grateful I don’t have to make that choice in my own country.
You are talking about a guy who takes economic advice from a “psychic medium” who he believes is in turn talking psychically to his dogs, who he believes are clones of resurrected jesus-dog.
True. I’m just glad I’m not part of that experiment. It’s bad enough to live with the threat of a second Trump presidency.
Just based on the article, these “reforms” are clearly aimed at harming the working class. I’ll give you one guess as to which other class of people will benefit from them.
You should also make a guess as to what percentage of working class people voted for this baffoon.
Propaganda is incredibly powerful.
That’s very dismissive of the failures the former ruling party had. It’s hard to drum up votes for the guy considered responsible for tanking your county’s economy and spiking the poverty rate.
Like I agree, him winning is unfortunate and short sighted, but I think blaming the victims isn’t going to do anything other than help asshats like him win.
I’m not attempting to victim-blame; nobody is completely immune to propaganda and it’s not the fault of the working class that we’re bombarded by it constantly. Often people have no clue they’re being lied to all their lives. When they make decisions based on faulty information that’s shoved at them for decades by the rich and powerful, the working people are not to blame; the people who make the propaganda are.
Good luck Argentina. You’re going to need it.
Don’t cry for me argentina
Cry for yourself, Argentina.
It’s so easy to destroy shit. Much much harder to build something that will work.
'Prison or bullet’: new Argentina government promises harsh response to protest
President Javier Milei and his allies are preparing new security guidelines in anticipation of protests against currency devaluation
