Milei’s chainsaw economics is faltering — and the Peronists are circling

Posted by Lighthouse_seek

2 Comments

  1. > “There is free enterprise capitalism, and there is socialism.” he said. “Any intermediate solution leans towards socialism; and that means poverty.”

    Guy who only believes in hammers when he sees a scree

  2. The situation is bad, Argentine economics are irredeemably braindead.

    The only solution is a massive, wrenching economic reorientation. That requires large numbers of people to be reduced to poverty.

    In a Democracy, people do have a choice, and it is in their best interest to avoid impoverishment.

    Their choice will doom Argentina to more hyperinflation and economic collapses. This was a peaceful transition, but I worry that if this fails and Peronism makes a comeback, the next collapse won’t bring democracy down with it.

    Much ruin in a country etc etc.

Leave A Reply