The EU also took option (a) it says below so you're dead on.
He doesn't seem opposed to large cuts on services. Issue is if they can't produce enough goods will they eventually run out of services to cut ๐.
Also seems like stagnation is already at play:
But Argentine wages have remained stagnant or declined, with the monthly minimum wage for regulated workers just $264 as of this month, with workers in the informal economy often paid less.
I like those EU percentage of profit ones. Wouldn't mind a bit more of that.