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I’m sorry but opinion polls I this country are worth the paper they’re written on. Menem’s political program wrecked the Argentinian economy the same way this p
by Daishiman 2y ago
I’m sorry but opinion polls I this country are worth the paper they’re written on. Menem’s political program wrecked the Argentinian economy the same way this program is doing and the man got reelected with some of the highest increases in poverty during that period.
The important thing is that outsiders are falsely believing that the problem with this country is high inflation instead of low economic productivity. The country has dealt with high inflation for a century and during that time has the highest standard of living of Latin America and a solid middle class.
What Milei is doing is literally regressing in the public infrastructure needed to develop industry while keeping structural costs artificially high. Mark my words: very little will have been accomplished inflation wise but industrial activity will drop permanently as factories that cannot handle high costs leave.