• shortrounddev@lemmy.world
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    4 hours ago

    Argentina’s core problem is their previous Peronist government’s unsustainable spending and command over the economy. They have spent themselves into a crisis several times due to their high Debt:GDP ratio

    • Magnus the Punk Cat@slrpnk.net
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      2 hours ago

      Sure I hate Peronists as much as the next guy, however you can’t possibly be arguing in favour of austerity when rampant poverty is killing off your populace. Milei is a piece of shit that perpetuates impoverishment by also taking debt with IMF while cutting national industry via privatisation (none of it is bought by Argentine interests, all of them foreign).