Argentina’s Milei Lays Off 7,000 Workers After Christmas : worldnews

[–] filoria@lemmy.ml 52 points 8 months ago (1 children)

Austerity never works. I guess Milei went to the IMF school of running a country into ruin.

[+] hydro033@kbin.social -12 points 8 months ago* (last edited 8 months ago) (3 children)

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

[–] MayonnaiseArch@beehaw.org 19 points 8 months ago

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

[–] carl_marks_1312@lemmy.ml 18 points 8 months ago* (last edited 8 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 13 points 8 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

[–] Veraxus@kbin.social 22 points 8 months ago

Monstrous right wing imbecile is right wing monster, imbecile. Full story at 11.

[–] uphillbothways@kbin.social 17 points 8 months ago

Thousands more people to join the growing protests.

[–] ShimmeringKoi@hexbear.net 13 points 8 months ago* (last edited 8 months ago) (2 children)

This has to be an elaborate BDSM thing, right? Like he's being a bratty dom and taunting the fuck out of everybody because he secretly can't wait until they drag him from his house in the middle of the night and pulverize him with two by fours.

[–] Veraxus@kbin.social 7 points 8 months ago

Nah, BDSM is all about consent. I don't think he requested that consent before inflicting that amount of widespread pain.

[–] PolandIsAStateOfMind@lemmy.ml 1 points 8 months ago

In spirit of your metaphor, i think he would rather be closer to Josef Fritzl.

[–] Aquilae@hexbear.net 5 points 8 months ago

Christmas miracle

[–] moog@lemm.ee 1 points 8 months ago

Argentina is fucked. Poor people

[+] FriendBesto@lemmy.ml -9 points 8 months ago* (last edited 8 months ago)

Whether you like him or not, the real world reality is that the Argentinian Goverment was bloated. English media really wants to hate on this guy. Not everyone likes him, but the country broke. He said he was going to push for austerities and he is doing that.

Also not a fan that he wants to sell exploration rights. But unless someone wants to give Argentina Ukrainian-type cash Aid packages, they are going to have through go some taught times. They should have gone through this over a decade ago bit the previous goverment took out loans after loans, exploding the debt.

Still odd to me that he won. Also, he is putting his sister as an Goverment Official, so nepotism seems to be alive and well in Argentina.

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