Argentina elects libertarian president Javier Milei - Update: Netherlands

Yea idk how long it'll be sustainable though, they don't produce anything but beef Lol

Asado

 

There's a vast difference between getting rid of bad regulations and the total deregulation that libertarians advocate. I haven't paid much attention to Melei, but most economists consider rent controls a bad idea.

 

Don't be a stupid, please.

 

The first 6 months of Milei's presidency are not looking good

Argentina poverty rate soars over 50% as Milei austerity bites
https://www.reuters.com/world/ameri...shing-half-argentina-into-poverty-2024-09-26/

BUENOS AIRES, Sept 26 (Reuters) - Argentina's poverty rate soared to almost 53% in the first half of the year, official data released on Thursday showed, the first hard evidence of the painful impact of libertarian President Javier Milei's tough austerity measures.
That marked a steep jump from 41.7% at the end of last year and more than double the 26% just seven years ago, underscoring the severe cost to regular Argentines of repeated economic crises that have hammered the South American nation.

 

ignore please

test post

 

53% poverty rate is the official data from the Argentine government. Are you saying Milei's government is lying about the 53%?

 

lol, no, sorry, i was doing a test and cross posted

 

I'm not there yet, but will keep that in mind

 

He also cut back on government spending, which pushed the poverty rate up. This is only 6M in, and the short-term impact is more poverty based on their own criteria. You'll have a better sense of whether those two combinations actually help or make things worse in the long term.