Foreign Affairs

TexasTowelie

(116,744 posts) Tue Oct 29, 2024, 06:36 AM Oct 29

Argentina Collapses into Poverty - Joe Blogs

In this video I provide an update on the situation in Argentina. Javier Milei was appointed as President in December 2023 at a time when Argentina was facing ECONOMIC MELTDOWN. Over the past 11 months he has introduced a variety of controversial policies which have resulted in a drop in his popularity. Are his radical policies starting to bear fruit or making the situation worse?

Chapters:
0:00 Intro
2:46 POVERTY
5:56 INFLATION
8:29 FOOD INFLATION
10:21 PESO
12:20 BALANCE OF TRADE
14:28 IMF
17:06 SUMMARY & CONCLUSION

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Argentina Collapses into Poverty - Joe Blogs (Original Post) TexasTowelie Oct 29 OP

That Chucky doll always boasted of his love for the last dictatorship - and his MILEISE is a lot like their collapse peppertree Oct 29 #1

peppertree

(22,850 posts)

1. That Chucky doll always boasted of his love for the last dictatorship - and his MILEISE is a lot like their collapse

Reply to TexasTowelie (Original post)

Tue Oct 29, 2024, 11:51 AM

Oct 29

Basically - deregulation leading to mass dollarizing and offshoring, plus crushing costs for everyone else.

Milei such a failure - even Trump won't give him more than one of his thumbs-up selfies (quite a snub, really - given how much he kisses that orange derrière).

And sure enough - he's already planning on ways to ignore the results of the next election (in '27), which he'll very likely lose.

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