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Far Right Presidential Candidate Wins in Argentina
- Thread starter x65943
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It’s realism. It really can’t get much worse when 2 out of 5 people you ask are unemployed and your money is worth nothing. The country is on the precipice of disaster, and has been since before Milei was elected. They need drastic action because whatever they’ve been doing lately is not working.
Who the hell cares?
Why don't you take your dividing narrative elsewhere!
And you all wonder why the world has gone to shit!
Why don't you take your dividing narrative elsewhere!
And you all wonder why the world has gone to shit!
Nah dude they know better, don't worry. They're experts.
EDIT: Nevermind. Deleted my comment. Can't reason with stupid.
https://borgenproject.org/diminish-global-poverty/
Post automatically merged:
Yea... Musk is such scum
https://borgenproject.org/diminish-global-poverty/
Last edited by urherenow,
EDIT: Nevermind. Deleted my comment. Can't reason with stupid.
Post automatically merged:
Yea... Musk is such scum
https://borgenproject.org/diminish-global-poverty/
Why are you so obsessed talking about a country from which you know nothing about? And trying to teach me about it? It's like an obsession you yankees have with meddling in other countries' issues and thinking you have the right take. Of course it's mostly the Musk/Trump fanboys.
Musk is scum indeed. Yep.
I wasn't gonna open that link but I was curious. NO FUCKING WAY YOU SEARCHED "ELON MUSK HELP POVERTY" AND PASTED THE FIRST 2020 BLOG POST YOU FOUND LMAOOO
How much of this has actually happened? Like, 4%? Could have given 10 billion, instead no, he had to spend 50 to buy Xitter just to massage his massive snowflake ego.
Bill Gates has done far more to end poverty than elon musk did.
Uhh… Yeah. The year started with a strong rally, putting the peso as the no.1 performing currency in the world.
https://www.bloomberg.com/news/arti...arks-wild-rally-that-makes-peso-no-1-in-world
The rally slowed because Milei is facing some pushback in implementing his policies, plus there’s a planned drop in interest rates.
https://www.reuters.com/markets/cur...ts-record-low-milei-rally-falters-2024-05-22/
The gap you’re describing had *narrowed* from 200% to 18% since Milei took office, and recently rose back up to 44% due to uncertainty. The graph looks this way because the currency was intentionally devalued as part of the initial economic package.
So yeah, trust the plan, actually. The graph looks as expected. Let’s zoom out. You can see a significant increase in confidence between January and April. Had the rally continued, you’d be seeing December, if not October numbers instead, but there are some roadblocks in the way.
Artificial devaluing, not market confidence.
Also, all this ride in the span of a month doesn't scream "strong and stable" in any way.
Yeah since we don't have free access to get USD there's a parallel (illegal) market. That parallel price was frozen for the first few months (started going up recently), that's why it looked like the peso was going strong.
See how "Parallel peso" is the one going positive but the official one is in the negative. It's so stupid I can't believe we're even discussing this.
https://markets.businessinsider.com...ssion-inflation-milei-foreign-currency-2024-4
Ohhh thank you for the explanation. It's good that you're providing the local perspective.
Yeah, the actual news is just written so people take it at face value but won't look into it. We're still getting fucked and industry and activity is falling more and more. Things are not looking good.
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