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.
I can get the annoyance with how the economy has been… but jeez, what is the real solution here? I can’t see much of anything positive coming out of this.
I predict that Argentinians are going to like this even less in the long run than the stuff the Peronists have gotten up to
I assume that, just like with trump, they won’t admit that they were bamboozled and will just double down with the crazy.
Most likely. That seems to be the pattern.
I can get the annoyance with how the economy has been… but jeez, what is the real solution here? I can’t see much of anything positive coming out of this.
I think the only silver lining will (hopefully) be a whiplash reaction once the authoritarian populists fuck things up enough.
It’s been a slow one in the UK, at least the US had a four-year load of nonsense to deal with before finding reality again.
For real - our electoral systems are utterly fucked, but sometimes yours makes ours look like a damn tea party