• shortrounddev@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      5 hours ago

      Argentina’s core problem is their previous Peronist government’s unsustainable spending and command over the economy. They have spent themselves into a crisis several times due to their high Debt:GDP ratio

      • Magnus the Punk Cat@slrpnk.net
        link
        fedilink
        arrow-up
        1
        ·
        3 hours ago

        Sure I hate Peronists as much as the next guy, however you can’t possibly be arguing in favour of austerity when rampant poverty is killing off your populace. Milei is a piece of shit that perpetuates impoverishment by also taking debt with IMF while cutting national industry via privatisation (none of it is bought by Argentine interests, all of them foreign).