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RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years ago

Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com

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Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com

RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years ago
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Milei is pledging economic shock therapy, including shutting the central bank, ditching the peso and slashing spending. His challenges will be enormous: Empty coffers, a $44 billion debt program with the IMF, 150% inflation and more.
  • Void_Sloth@lemmy.world
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    • davel [he/him]@lemmy.ml
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      2 years ago

      I’m an elder Silicon Valley software developer who has followed crypto since the early days. I never bought the hype because 1) I understand the technology and 2) I have a Marxist perspective on economics and politics.

      I think cryptocurrency was a libertarian monkey’s paw wish that only further empowered those who already had power. The crypto grift collapsed early last year, and everyone has moved on to the shiny new AI grift. Most people know now that the crypto emperor had no clothes.

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        • davel [he/him]@lemmy.ml
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          2 years ago

          If you wanna believe in dunning-krugerrands, I can’t stop you.

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