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They don't care about prosperity on the general population. They only care about the prosperity of the richest.
Chile is still our model country. Some people say that's bad, because of the poverty. I don't give a shit about the common people, only those who have the yachts.
Speedran Ronny Rayguns plan to rape the country for the rich.
Prophecy is ahead for Argentina.
Unfortunately, they are walking backwards.
Producing a pope → poverty
Libertarianism fails faster than communism. It has been well documented and people still think it's a better system of government
The core purpose of libertarianism is to enhance trickle-up economics. The wealthy 1% benefit and make off like gangbusters, everyone else loses.
There's an extent to which the whole "Leopards ate my face" thing is an expression of our worst impulses. Schadenfreude feels great, but man this post makes me feel terrible for Argentina. Especially after having seen The Take. (It's been a while since I watched it, but it left an impression.)
The Argentinians were desperate for change. I wouldn't have voted for him but the peronists were a complete failure over the last 10 years or so too.
I think people are feeling like this because the awful people that enable and drag the rest of society into these messes, never learn. Sure once shit hits the fan and it affects them deeply they'll be complaining and calling for heads to roll, but the second the rest of society fixes the messes they created, the second they get a comfortable life again, they return with the same attitudes that lead down the dark path to begin with. They just don't learn. Only changing their views when it affects them personally and then immediately flipping back when life is good again.
Last Fall when our own citizens were going hungry in a government shutdown, Trump sent Argentina $40 billion, and instead of buying meat, they bought donkeys they could fatten up to eat later?
No wonder Argentina's economy crashes every 2 years.
Here in the states, we will soon be eating Rats-a-Roni, pigeon parmigiana, and weeds for fiber.
This is not far off, how many of us look at steak and ground beef and think "I'll pass on that." It's going to get worse.
What about that shitload of money his buddy trump gave him? Wasn't that 40 billion?
Argentinians making the sacrifice to prove what most of us knew already.
Anarcho capitalism is fucking stupid.
This is of course extremely biased meme. The reality is that so far Milei achieved a lot of what he planned for. The main issue in Argentina was huge inflation and out of control public spending. Both ruling parties were unable to address this for years so people got fed up and elected Milei as a kind of protest leader ("politicians can't help us so fuck it, let the whole thing just collapse"). Just how tired of constant economic crisis running for decades everyone was is another story.
So Milei won and did what the previous governments didn't want to do: cut spending. He got inflation under control by sacrificing big chunks of society. Old people got screwed, poor people got screwed but so far his plan of "short time suffering to achieve long term stability" seems to be working. Inflation is down, poverty is down, foreign investment and trade looks good. The question is no longer if Milei's reforms will collapse the economy or not (they didn't) but if the reforms will work long term or if the improvements will be short lived and not worth all the suffering it caused.
Like most people here I hoped that Milei's politics will explode in his face and we'll have a clear proof that the ideas sold by right wing populists are bullshit but it didn't happen. The jury is still out on Argentina but anyway, each country is different and even if it will work there long term it doesn't mean guys with crazy hair are good for the economy (as we can see globally now).
Most people criticizing Milei have no concept of what 300% inflation looks like. That means prices are going up about 25% every month. There central bank had a 133% peak interest rate, compared to the 3.5-3.75% rate in the US that Trump desperately wants cut.
Argentina was staring down hyperinflation like Zimbabwe or Weimar Germany. Bad things were coming either way.
I've been there when inflation was still around 100%. Stores looked full but when you started browsing it was all full of couple local products. No imports so no choice. Shrinkflation was also terrible. Candy bars were the size of single square of chocolate. To pay for a couple of days in a hotel you had to carry stack of bills that didn't even fit in the wallet. Paying with card was not an option because the government established some fake exchange rates that made everything 2x more expensive as when paying with cash. You could tell everyone was resigned and only expecting things to get worse.
Are you sure you're being honest with this review? Considering how the US had to bail him out? Without that, his policy WOULD have exploded in his face.
They said poor people got screwed and poverty is down in the same sentence. There's no way this argument is in good faith.
Old people and poor people got screwed, but poverty is down? How does that work? And if it's going well, what's this about donkey meat? That's a sign of underlying food price inflation. Not all of that can be traced back to global factors.
If enough poor people die, I suppose the poverty rate will go down.
