How a broke Argentine province is countering Milei's deep austerity cuts

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Submitted ⁨⁨8⁩ ⁨months⁩ ago⁩ by ⁨Blaze@lemmy.zip⁩ to ⁨globalnews@lemmy.zip⁩

https://apnews.com/article/argentina-fake-money-economic-crisis-milei-peronism-bankrupt-province-30d478ec8292ccce27cb450ea1bb1c1a

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FuckyWucky@hexbear.net ⁨8⁩ ⁨months⁩ ago

After entering office in December 2023, Milei swiftly imposed his shock therapy in a bid to reverse decades of budget-busting populism that ran up Argentina’s monumental deficits.

“budget busting populism” aka Thatchers TINA nonsense. Never mention the external debt.

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