Milei’s chainsaw economics is faltering — and the Peronists are circling
Posted by Lighthouse_seek
Milei’s chainsaw economics is faltering — and the Peronists are circling
Posted by Lighthouse_seek
2 Comments
> “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
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.