69
Milei begins dismantling the Argentine State by imposing 300 reforms in a single decree
(english.elpais.com)
this post was submitted on 21 Dec 2023
69 points (100.0% liked)
World News
22059 readers
11 users here now
Breaking news from around the world.
News that is American but has an international facet may also be posted here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
For US News, see the US News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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
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.
I'm thinking we'll all get to this kind of choice soon. And lets wait and see how hard he can fuck everything up