this post was submitted on 18 Dec 2024
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[–] [email protected] 31 points 8 hours ago (2 children)

these measures have also pushed up unemployment and the poverty rate

Hard to believe this is going to be good for Argentina when the people can't afford even to live. Seems like he's just giving the country away to business.

[–] [email protected] 2 points 1 hour ago

Guess what Trump's plan is

[–] [email protected] 12 points 7 hours ago (1 children)

That's essenitally the case. His changes, other than the austerity related ones, were intended to make Argentinian goods more competitive globally while actively hurting the purchasing power of Argentinians. If it "works," it'll mean inflation slows, and they hope the business profits will trickle down while businesses capture the government, income inequality increases, and businesses and billionaires accumulate more of Argentina's wealth.

[–] sensiblepuffin 13 points 6 hours ago

Sounds like a libertarian paradise. Be extremely comfortable as long as you're part of a certain 5% of the population.