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Argentina's government has been a disaster for a century. It's not at all surprising to me that reining in government spending in an economy that has had 4? De
by Panzer04 2y ago
Argentina's government has been a disaster for a century.
It's not at all surprising to me that reining in government spending in an economy that has had 4? Defaults over the past few decades will result in an improvement.
- piva00 2y agoI'm very aware of it, growing up in Brazil an Argentinian crisis was on the news every couple of years. I'm not saying anything about the Argentinian government, I do feel something like Milei was bound to happen. I wished it never needed to be so drastic but that's just my humane side showing some bias, they needed a shock to get out of the eternal crisis. What I'm criticising is using Cato Institute's mouthpieces as an analysis of it, as if it were a model to be followed, and using this rather peculiar societal issue as a pillar to the ideas the think tank tries to push all the time, it's just blatant libertarian propaganda.
- TFYS 2y agoSeems like they've tried this before with little success. https://en.wikipedia.org/wiki/Economic_history_of_Argentina#Convertibility_Plan_(1991%E2%80%932002) https://en.wikipedia.org/wiki/Economic_history_of_Argentina#...