So Trump admits that Milei’s DOGE-like austerity policy is causing Argentina to die.
Pretty typical US foreign policy…
“Look, Argentina is fighting for its life, young lady,” Trump mansplained to the female reporter. “You don’t know anything about it—they’re fighting for their life. Nothing’s benefiting Argentina. They are fighting for their life. You understand what that means? They have no money. They have no anything. They’re fighting so hard to survive.”
After slashing billions in foreign aid around the world this year, cuts that experts say are costing real lives in some of the poorest nations on earth, Trump went on to claim that it was his duty to help struggling Argentina, currently governed by his far-right friend and ally, President Javier Milei, who has driven the economy into a tailspin with his chainsaw-inspired austerity.
For generations now America has shit on any economic system thats not pro-oligarch unregulated capitalism, intentionally preventing anything else from succeeding, and spending crazy levels of money to make it seem like it works somewhere.
Because it doesn’t fucking work, even Biden’s version of “acceptable” capitalism can’t stand on its own.
And the wealthy are desperate to hide that.
Javier Milei is a right-wing libertarian economist who became the president of Argentina in 2023.
…Milei outlined a radical platform calling for sweeping changes that were familiar to those who had followed his television appearances. He proposed combating inflation by doing away with the Central Bank and replacing the national currency, the Argentine peso, with the U.S. dollar. As part of his pledge to downsize government and drastically reduce spending, he promised to eliminate the ministries of education, health, and public works and to rely instead on private investment in the sectors they oversee. Moreover, he vowed to lower costs for employers, relax the country’s labor laws, and never raise taxes. He brought a chainsaw with him on the campaign trail as a loud, powerful symbol of his policy intentions.
Libertarians, is this guy yours?
It’s funny how badly it fell apart after glowing coverage from the American media earlier talking about how well it worked.
Even some putatively centrist or left-leaning news orgs are saying “wull, bond buyers are skeptical the cuts will remain through the next administration, so bond prices are still high.”
Same self-perpetuating blood-letting idiocy.
Argentina has been stabbing itself repeatedly for decades, of course it’s dying. All they do is vote for right wing idiots
Shhhh, the US has entered the room.
Someone should tell the US its dying. I don’t think it knows.
Who’s going to bail out the MAGA Union?
If we can’t stop Trump from lighting taxpayer money on fire, then I at least hope he does those drooling knuckle draggers dirty and never gives them a bailout.
I hope they never see another fucking dime. Currency should become mythological to them. Medical bills and church tithes should start measuring parcels of land instead.
deleted by creator
