Largely missing the point of Cambiemos; 143% inflation and 50% living in poverty, Argentina needs incentive to develop where Peronism has failed. Spending more than their GDP in subsidies, payouts and bloated programs, the country has been spiraling downward in a delusion of social democratization. Milei intends to cut the fat of the nation, achieve equilibrium among various sectors and then use foreign investment to develop crucial market infrastructure.
It appears the author has not been to Argentina in some time…
Fast forward 19 days later and inflation and poverty in Argentina can't be higher. It seems not only the fat, but also the blood and bones of the nation is being cut for international capital
Largely missing the point of Cambiemos; 143% inflation and 50% living in poverty, Argentina needs incentive to develop where Peronism has failed. Spending more than their GDP in subsidies, payouts and bloated programs, the country has been spiraling downward in a delusion of social democratization. Milei intends to cut the fat of the nation, achieve equilibrium among various sectors and then use foreign investment to develop crucial market infrastructure.
It appears the author has not been to Argentina in some time…
Fast forward 19 days later and inflation and poverty in Argentina can't be higher. It seems not only the fat, but also the blood and bones of the nation is being cut for international capital