In Argentina, President Javier Milei has screwed the economy up so badly he needs a $20 billion bailout. That’s because his “free market” economics don’t actually work.
In Argentina, President Javier Milei has screwed the economy up so badly he needs a $20 billion bailout. That’s because his “free market” economics don’t actually work.
My point is that the simple fact that Argentina needed a bailout doesn’t mean that his policies “don’t work.” These things are more complicated than a simple red or black number in an annual balance sheet.
To be clear, I don’t like Milei. But Argentina was in a terrible state for a long time before he came to power, and whether I like a person or not doesn’t have much effect on whether his policies are effective.
And my point being is that, just because America is in tens of trillions in debt, and we’re on the verge of a massive market crash, doesn’t mean that electing an economic libertarian that plays with chainsaws, performs at rock concerts, and is a friend to powerful rich people, will get us out of this mess. Again I state, I hear that screaming narrator voice right behind me.