you are repeating the campaign, not actual economic argument.
why the country was broken? because it pandered to external loans and then small elite robbed everything.
what is the current economy doing? proving even less services than before just to prepare for new loans. money is still not reaching the services.
gov saving is a contradiction. gov spending is the goal of government. no government is a profit making machine. like he made you believe Argentina should be in the campaign. that's literal crazy talk. nobody look at a govt a judge it for how much it saved for retirement but how the people and infrastructure is being served. that is what brings real investments.
the point Millei supporters refuse to see is that there's no "improving a credit score via hardship" if the goal is not too reset back to loans and corruption.
two Brazil presidents ago the loan+corruption cycle was addressed by a president who didn't cut costs, she put laws against corruption in place, which led to a Senate coup against her. lol. but that's the real solution to a broken country. not "tightening the belt". again, that only makes future loans look better, not the overall economy. and if your care about loans instead of the country next step is kind obvious.
You’re repeating someone else’s campaign.
“Oh just do like Brasil”. The only thing Brasil and Arg have in common is the border and the Mercosur. You can’t compare the production momentum that Brazil carries with that of Argentina. What does Argentina produce anymore? Soy and gearboxes for VW? Seriously. The country could not spend anything else because it didn’t have anything else to spend.
What was your solution? Keep devaluating forever? We were already #1 in inflation in the world. Where was Brasil? Was that their main concern?
You can have the luxuries you talk about when the state is somewhat stable, not when it’s homeless shooting cocaine every night and spending it all to invite friends to dinners.
it's important to not feed the corrupt market participants, because they crowd out the actually productive ones.
yes, laws against corruption and waste, enforcement of said laws are how it should start. then with better accountability, transparency, mandatory reporting, and related regulations (and databases) are in place the old rentseeking organizations can be eliminated.
without those instruments what remains is just a blunt tool.
the question is ... if the government withdraws from sectors is there even any chance for legitimate businesses to move in or the old guard will just put their hands on these new relatively lucrative areas too?
usually inviting foreign companies helps. how easy it is to do business in Argentina? (official dollarization would definitely help ... after all it already happened in the actual economy ... https://cpsi.media/p/why-and-how-to-dollarize-argentina )
why the country was broken? because it pandered to external loans and then small elite robbed everything.
what is the current economy doing? proving even less services than before just to prepare for new loans. money is still not reaching the services.
gov saving is a contradiction. gov spending is the goal of government. no government is a profit making machine. like he made you believe Argentina should be in the campaign. that's literal crazy talk. nobody look at a govt a judge it for how much it saved for retirement but how the people and infrastructure is being served. that is what brings real investments.
the point Millei supporters refuse to see is that there's no "improving a credit score via hardship" if the goal is not too reset back to loans and corruption.
two Brazil presidents ago the loan+corruption cycle was addressed by a president who didn't cut costs, she put laws against corruption in place, which led to a Senate coup against her. lol. but that's the real solution to a broken country. not "tightening the belt". again, that only makes future loans look better, not the overall economy. and if your care about loans instead of the country next step is kind obvious.