Argentina Collapses into Poverty - Joe Blogs
In this video I provide an update on the situation in Argentina. Javier Milei was appointed as President in December 2023 at a time when Argentina was facing ECONOMIC MELTDOWN. Over the past 11 months he has introduced a variety of controversial policies which have resulted in a drop in his popularity. Are his radical policies starting to bear fruit or making the situation worse?
Chapters:
0:00 Intro
2:46 POVERTY
5:56 INFLATION
8:29 FOOD INFLATION
10:21 PESO
12:20 BALANCE OF TRADE
14:28 IMF
17:06 SUMMARY & CONCLUSION
= new reply since forum marked as read
Basically - deregulation leading to mass dollarizing and offshoring, plus crushing costs for everyone else.
Milei such a failure - even Trump won't give him more than one of his thumbs-up selfies (quite a snub, really - given how much he kisses that orange derrière).
And sure enough - he's already planning on ways to ignore the results of the next election (in '27), which he'll very likely lose.
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