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1
theoakman
2019 Dec 15, 7:41am
It wasn't long ago that Democrats were excited about the economic growth of Argentina saying it should be a model for us.
2
Patrick
2022 Aug 1, 10:11am
Patrick
2022 Aug 1, 10:11am
https://www.zerohedge.com/geopolitical/argentinas-government-collapsing-people-refuse-work-amid-major-subsidy-cuts
Argentina’s Government Collapsing, People Refuse To Work Amid Major Subsidy Cuts
Protests have erupted in Buenos Aires over the past 90 days and continue to build inside the capital as residents battle with their center-left government over sizeable amendments to social programs. ...
State-sponsored aid for civilians has soared in the past 20 years, leaving 22 million Argentinians (out of 46 million - Patrick) dependent on some form of government assistance.
In the first quarter of 2022, the national employment rate was 43 percent, according to government figures.
Concurrently, inflation in the South American nation hit 58 percent in May and soared above 60 percent in July. By comparison, national inflation was just over 14 percent in 2015.
The Socialists agreed to "Work with Farmers and Ranchers", but the new President issued a decree without holding one single meeting with stakeholders.
In other words, things are back to normal in Argentina, trapped in the never-ending cycle.
https://www.reuters.com/article/us-argentina-grains/argentinas-new-government-hikes-export-taxes-on-disgruntled-farmers-idUSKBN1YI0II