11–14 of 14 posts
With the feeling people dislike milei, and risking down votes, could this be 'getting worse before it gets better'? As said in the following video: https://www.youtube.com/watch?v=18RTtDVghfw As someone not really too informed about argentinian politics or economy, but knowing stuff only from news reports - isn't milei doing really everything that macroeconomists said needs to be done? First of which was to reduce th…
With the feeling people dislike milei, and risking down votes, could this be 'getting worse before it gets better'? As said in the following video: https://www.youtube.com/watch?v=18RTtDVghfw As someone not really too informed about argentinian politics or economy, but knowing stuff only from news reports - isn't milei doing really everything that macroeconomists said needs to be done? First of which was to reduce th…
Is it possible that things have been this bad, and Milei’s policy changes have slowed down the economic decline enough that the poverty line is more accurate? I’m not an economist, just an engineer. My intuition is that when a system is in freefall, any recovery will cause some metrics to look really bad for a while. Like when a plane is in a dive, your first steps are to idle the engine, push forward to unload the w…
Possible? No. But that's the excuse they will give. It works in the first year of a new government but won't work in the second. Argentina is in recession for 5 consecutive trimester. A GDP decline of 2.6% and inflation above 100%.