this post was submitted on 20 Oct 2025
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Leopards Ate My Face

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Dismissing Concerns of US Farmers, Trump Claims Argentina 'Dying' to Justify $40 Billion Bailout (www.commondreams.org)
submitted 2 months ago by resipsaloquitur@lemmy.world to c/leopardsatemyface@lemmy.world
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cross-posted from: https://ibbit.at/post/86801

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[–] SoupBrick@pawb.social 25 points 2 months ago* (last edited 2 months ago) (1 children)

Javier Milei is a right-wing libertarian economist who became the president of Argentina in 2023.

...Milei outlined a radical platform calling for sweeping changes that were familiar to those who had followed his television appearances. He proposed combating inflation by doing away with the Central Bank and replacing the national currency, the Argentine peso, with the U.S. dollar. As part of his pledge to downsize government and drastically reduce spending, he promised to eliminate the ministries of education, health, and public works and to rely instead on private investment in the sectors they oversee. Moreover, he vowed to lower costs for employers, relax the country’s labor laws, and never raise taxes. He brought a chainsaw with him on the campaign trail as a loud, powerful symbol of his policy intentions.

Libertarians, is this guy yours?

https://www.britannica.com/biography/Javier-Milei

[–] vividspecter@aussie.zone 21 points 2 months ago (1 children)

It's funny how badly it fell apart after glowing coverage from the American media earlier talking about how well it worked.

[–] resipsaloquitur@lemmy.world 9 points 2 months ago

Even some putatively centrist or left-leaning news orgs are saying "wull, bond buyers are skeptical the cuts will remain through the next administration, so bond prices are still high."

Same self-perpetuating blood-letting idiocy.