Love that this happened in Argentina. We need this to happen in Canada.
Javier Milei will not be able to fix Argentina
he can put the country on a path towards sustainable prosperity (Argentina is blessed with a lot of resources and they produce a lot of agriculture)
However fixing a socialists induced mess is not an easy challenge and debt problems take decades to fix
Financing subsidies is partly behind the increase in government debt, which surpassed $400 billion in the second quarter to hit historic highs, data from the Institute of International Finance shows.
and for the debt-to-GDP ratio fans
The total debt-to-GDP ratio is expected to rise to 89.5% this year from 84.7% in 2022, according to the IMF.Oct 20, 2023
fixing this mess will take sacrifice by several generations, ie several financially responsible leaders after Javier Milei
At first glance Javier Milei is a very polarizing fellow will get blamed for the pain caused by the necessary sacrifices.
Javier Milei does not varnish his words & he does not strive for political correctness in his messaging
comparisons to Donald Trump already here
Some yet-to-be socialist will soon enough start to attack Javier Milei and the socialists will promise the electorate he/ she can make the required pain go away, despite knowing this is a lie.
Socialism/ communism is an unachievable utopian ideal which sounds good, however it is proving itself to be a devastating curse in reality