• hydro033@kbin.social
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    11 months ago

    You realize that Argentina was already run into the ground right? They need radical, cost-cutting, change. I am curious to see what happens.

    • mayooooo@beehaw.org
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      11 months ago

      Yeah, the laid off people, workers, they are also curious. They realize they don’t have jobs

    • carl_marks[use name]@lemmy.ml
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      11 months ago

      I am curious to see what happens.

      Learn history and economics and you won’t need to be curious

      He’s devaluing the currency (apparently dollarizing it was even too radical for his supporters) and applying shock therapy and thus building an export Economy and seeling off state assets for pennies to foreign multinationals.

      Basically recreating 90s Russia which worked out pretty good as we all know

    • belated_frog_pants@beehaw.org
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      11 months ago

      Making things radically worse is entirely possible. They’ve been in dire straights for years but this is trickle down economics bullshit. None of this will help the people of Argentina past the very rich