The issue isn't he is cutting programs. It's that he is selling out every part of their society to foreign investors. I'm skeptical that country will be any better. It's like nafta etc that just end up gutting a domestic market so hard it forces a ton of companies and properties to sell to foreign owners.
Basically opening up their resources and companies to privatization. Which might not be bad but Argentines won't be able to compete with the money printers so basically they lose control over their resources completely to the internationalists that fund milei.
The issue is sustainable growth with a focus on the nation. They are poor and indebted and will need to sell off assets for fiat in order to pay back fiat loans. Fiat that's being printed overseas to buy up all their income producing assets.
The same thing is happening in the USA. People having to sell assets like farms, houses, mines, machinery, cars, etc in order to pay loans/taxes/debt demanded in fiat.
This leaves no future for the people unless they want to be perpetual renters for the new foreign owners.
This is why milei is a snake. He is claiming that selling everything off to foreigners will somehow lead to sustainable growth. It will lead to the dispossession and disenfranchisement of Argentines just in time to import some browns and Venezuelans to replace them as cheaper workers.
Sell everything out to foreign investors, then you flip the switch and just take everything back. What are you going to do? Go to war with Argentina, an extremely poor country that doesn't have any major natural resources except for agriculture?
You essentially need to do a complete reset, creating a new currency and starting over with minimal government to see where it will take you.
Sell everything out to foreign investors, then you flip the switch and just take everything back.
I've actually pondered this as a solution the problem that the US is selling everything to foreign investors. There's absolutely nothing stopping them from citing "national security" and seizing everything right back or paying pennies on the dollar in some sort of eminent domain proceeding.
The shame is that it won't help the individual losers: if you sold your farm to a Chinese company it's not like the US is just going to give it back to you, even if they seize the farm from the Chinese.
It's also a one time trick. You're not going to get foreign investors ever again if they think you can just steal their property on a whim.
That's the reason why China's buying gold instead of US Treasuries with their excess Biden Bucks. After seeing what happened to Russia, they see the writing on the wall with the crumbling Global American Empire.
He's closed multiple major agencies, made massive spending cuts, and actually refused to send federal funding to regional governments that were blocking some of his policies.
Once again, you demonstrate the obvious: National Socialists are always Socialists first.
Just because you consider private ownership by Argentinians and de-nationalization to be "selling out to foreigners" doesn't make it true. It just makes you a pinko.
The issue isn't he is cutting programs. It's that he is selling out every part of their society to foreign investors. I'm skeptical that country will be any better. It's like nafta etc that just end up gutting a domestic market so hard it forces a ton of companies and properties to sell to foreign owners.
What's he actually selling off, and what's the alternative given the hole the socialists put argentina in?
Basically opening up their resources and companies to privatization. Which might not be bad but Argentines won't be able to compete with the money printers so basically they lose control over their resources completely to the internationalists that fund milei.
https://www.reuters.com/world/americas/mileis-key-reform-bill-hangs-balance-argentina-congress-debate-starts-2024-06-12/
There's no other way to get capital into the country, and they desperately need it.
Lol how about working?
That is literally how economies are built.
A society, like a tree has good healthy wood and deadwood.
You burn deadwood, and kill the tree if you burn healthy wood.
You absolutely can go too far, but I don't think it's there yet.
The issue is sustainable growth with a focus on the nation. They are poor and indebted and will need to sell off assets for fiat in order to pay back fiat loans. Fiat that's being printed overseas to buy up all their income producing assets.
The same thing is happening in the USA. People having to sell assets like farms, houses, mines, machinery, cars, etc in order to pay loans/taxes/debt demanded in fiat.
This leaves no future for the people unless they want to be perpetual renters for the new foreign owners.
This is why milei is a snake. He is claiming that selling everything off to foreigners will somehow lead to sustainable growth. It will lead to the dispossession and disenfranchisement of Argentines just in time to import some browns and Venezuelans to replace them as cheaper workers.
Sound familiar?
The new fiefdom.
“Sustainable growth”
Stopped reading. Commie.
is there any evidence that is happening now?
We are using critical thinking right now.
Sell everything out to foreign investors, then you flip the switch and just take everything back. What are you going to do? Go to war with Argentina, an extremely poor country that doesn't have any major natural resources except for agriculture?
You essentially need to do a complete reset, creating a new currency and starting over with minimal government to see where it will take you.
I've actually pondered this as a solution the problem that the US is selling everything to foreign investors. There's absolutely nothing stopping them from citing "national security" and seizing everything right back or paying pennies on the dollar in some sort of eminent domain proceeding.
The shame is that it won't help the individual losers: if you sold your farm to a Chinese company it's not like the US is just going to give it back to you, even if they seize the farm from the Chinese.
It's also a one time trick. You're not going to get foreign investors ever again if they think you can just steal their property on a whim.
That's the reason why China's buying gold instead of US Treasuries with their excess Biden Bucks. After seeing what happened to Russia, they see the writing on the wall with the crumbling Global American Empire.
If you sell your property to a chinaman you deserve to lose it all.
Argentina is not a poor country in nearly any resource.
If that were true you wouldn’t be third world.
Yet you are.
Venezuela's main export is oil, allthough Argentina's is mainly agriculture it is far more diverse than that of Venezuela.
We are also talking socialism vs capitalism as a basis for the turnaround.
This is an explicit lie.
He's closed multiple major agencies, made massive spending cuts, and actually refused to send federal funding to regional governments that were blocking some of his policies.
Once again, you demonstrate the obvious: National Socialists are always Socialists first.
"Sell out everything to foreigners and bankers or you're a... you're a socialist!"
Just because you consider private ownership by Argentinians and de-nationalization to be "selling out to foreigners" doesn't make it true. It just makes you a pinko.
Civnat?
So he’s giving parts of the economy back to the foreign companies that built then, before the government took them over?