trump will revalue it soon like the iraqi dinar
Bad graph, you can’t actually see the drop from when they elected the libertarian.
Yes, the large vertical line is the day after Milei was elected.
Me, looking at the roosting of the chickens:
“Damn they really do that”
Can’t convince me that wasn’t on purpose, some shock doctrine ass move.
What was the actual game plan? Like, it looks like he just sort of half-assed his libertarianism while making everything worse. And as far as I understand it, everyone loves it? Lmao
Peter Thiel moved there. They are hollowing out the country to turn it into Thiel’s dream of an endless sea of corporate towns with little CEO-lords as mayors. Once Argentina is broke enough, Thiel and his buddies will just buy it idk
Sell the country to his friends.
It’s actually perfectly in line with the ultraliberal ideology if not with the populist elements of his politics.
Selling the country down the river while getting rich was the game plan I’m pretty sure. I’m no econ expert but they also did a crypto rugpull, so it seems to be their modus operandi.
Nationalism + stopping inflation (it currently dropped to a pleasant 32,0 %, and stayed there for a year) through shock doctrine. Much like in the post-Soviet states, it collapsed industry.
it collapsed industry.
Forgive me for being ignorant, but, uh, isn’t that fucking bad for a country like Argentina? There must be skyrocketing poverty and unemployment.
yep!
Unemployment is supposedly stable, and poverty is actually supposedly dropping, which is most likely caused by the lower inflation.
Though the numbers are sketchy and dependent on narrative - either from supporters trying to portray his government as extremely successful or detractors.
The de-industrialization seems to be uncontested data.
Worlds first 8th world economy
> US dollar is approaching ∞ Argentine Pesos
> Buy ∞ Argentine Pesos
> Now have ∞ amount of Pesos
> Use my ∞ amount of Argentine Pesos to purchase ∞ amount of US dollars.
> Repeat to raise enough capital to buy everyone’s funko pops to place on a giant mound like an incel dragon
Just a little more austerity and then everyone will suddenly get very, very rich! Everyone being me and my cloned hound
and sister!
Hasn’t the “full libertarian” era only been since 2023 under Milei? Wasn’t it shithead liberals stacking IMF loans until then?
Real *Peronism has never been tried
Hey, he flattened the curve.
Should have made the first currency with a negative exchange rate.
