From everything I’ve heard about the election in Argentina, it was the meeting of “Anything is better than this” and “it can always get worse.” The former won, and proved the latter correct.
Argentina needs shock therapy to realize milei is a dumbass
That’s what I thought about the US and Trump, yet here we are…
We had the same in the UK with Brexit and Boris. We assumed that because everything is shit, backing people looking to do drastic changes that experts agreed was horrific was worth it. It wasn’t, and now people are even poorer…
Kirchner and croneys did soooooo much damage and noone spoke up except milei
Even if he is a moronic religious extremist, he’s still RIGHT about many things.
And the people just wanna get rid of NARCO DICTADORS OF THE LEFT KIND.
All in all, extremism isn’t good. It leads to dictators collaboration with drug lords and ruzzia/china
No, the current policies are just getting reality and practice closer together.
IRL their money was ALREADY devalued soooooo much, he didn’t do anything to change that, just adjusted it to reality.
Subsidies on imported oil is CRAZY for a bankrupt country. YOU GUYS HAVE NOT UNDERSTOOD WHAT IT’S LIKE TO HAVE DECADES OF 100% OR MORE INFLATION PER YEAR.
Perfect summary
Milei — who has been described as an anarchocapitalist — set out to reduce the government’s involvement and oversight in many aspects of Argentina’s economy, including announcing that he would privatize many state-owned companies, would decrease labor protections and remove regulations that limit the amount of agricultural and productive land that can be owned by foreign companies.
Argentina going full GOP
RIP Argentina. I don’t know the situation that led to this, but man, that sounds real, real bad for the average Argentine people.
Here’s one bit of context. Under the other candidate, the one this guy Milei ran against, who was the economic minister of the previous government, in September inflation reached 124%.
In case you were wondering why Milei won.
You also need to know the bigger history of Argentina’s last century of economic decline.
Argentina is taught as a case study in undergraduate economics courses in ‘how not to manage an economy’.
The Economist have a good video on the current crisis (Why is Argentina’s economy such a mess? ) and this one about the broader trend since the 1900s/10s.
Argentinian should just bear it for a bit until multinational corporations swoop in and buy various assets dirt-cheap. Imagine all the future profits! /s
Fuck around and find out. I’m so sorry for everyone who was duped by libertarians pretending they will do anything for regular people and not just the wealthy shareholders, everyone who was held back by economic sanctions in a war against ‘muh socialism’, and all those who saw the obvious coming but were dragged into it by the other rubes. This is going to suck. I hope the protests will work
At some point, I risk a coup.
Oh joy. Skyrocketing rent combined with plummeting wages.
This isn’t going to destroy their economy at all…
That’s a right wing populist figure for you.
Can this guy step down yet?
Yeah in 8 years!
Protests of FREE LOADING PROFITEERS, yeah.
They are chanting against the IMF… why?, I thought…
oh…
BUENOS AIRES, Dec 9 (Reuters) - A U.S. delegation gave its support to Argentine President-elect Javier Milei over talks with the International Monetary Fund (IMF) and developing its lithium sector during a meeting in Buenos Aires on Saturday, a White House official told Reuters.
Juan Gonzalez, adviser to U.S. President Joe Biden and the National Security Council’s Western Hemisphere senior director, said the talks, a day ahead of Milei’s inauguration, were “very positive” and focused on the country’s embattled economy.
Ah yes! a moment of clarity. Carry on, then. As usual.
My conservative dad won’t stop harping on Venuzuela, I think he’s about to get a taste of his own medicine.
Just wait till the bears start showing up.
Libertarians never plan for the bears.
Enjoy Reverse Wolverine, Argentina!
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I’m not a libertarian, I’m a social democrat.
The last century has been a total and unmitigated disaster for Argentina. The two options Argentinians had in this election were:
- More of the same by the guy who oversaw inflation reaching 160% (100% chance of things getting worse)
- A total wild card (99.9% chance of things getting worse)
Unsurprisingly, they went for the latter. I don’t think anti-libertarians get to gloat in this context, given it’s the Argentinian establishment which has overseen one of the most remarkable examples of total state-collapse and economic failure in modern history.
I don’t actually know anything. But casually to me it looked like a choice between 160% chance of it getting worse and a 300% chance of getting worse. And it’s not very surprising at all in these circumstances many go for the latter for all sorts of reasons (and delusions). But I don’t actually know anything.
This makes a lot of sense if you pretend he didn’t say or promise anything during the campaign.
Anything to add beside a snide comment?
Not if you continue being wrong in easy to summarize ways
Nah it’s not that it’s libertarianism failing it’s just that idiots version of it failing
What they’ll say when it fails or next time someone else tries to implement their ideals
He just didn’t libertarian hard enough.
After a century of Peronism, the current state of Argentina isn’t a case study about libertarianism. Quite the opposite.
Yeah these were not organic. Notice that they stopped after a week
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Big “Russians are rising up against Putin!” Energy
