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0 pointsdudefeliciano1y ago0 comments

> that doesn't necessarily mean he is a bad economist all of the sudden

Define bad, I'm sure the insiders who made millions selling Libra at the right time don't consider him bad. If he was involved in the scam, it wasn't a bad financial decision from his point of view (just a stupid political decision). Argentinian entrepeneurs don't consider him bad. Those waiting in line at the soup kitchens probably see it differently...

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Izikiel431y ago

With (a previous to this event) 56% approval rating,

> Those waiting in line at the soup kitchens probably see it differently...

At least half those guys also approve of him. Thanks to his government's policies of reducing inflation and removing middlemen out of social assistance, those people can afford to sustain themselves, and poverty has gone back down to around 37% according to several private economists/universities.

dudefelicianoOP1y ago

I keep seeing these numbers being thrown around about inflation improving and poverty decreasing in argentina, but then i also read articles about the increasing poverty rates and diminishing of social welfare for the poorest segments of society. I don't live there so I can't say first hand, but this latest move by milei surely made my opinion on him settle on the "not a good guy for the people"

the_af1y ago

I live in Argentina and you're right.

Milei is not good for the people, and the inflation numbers are highly misleading because the cost in dollars is very high in Argentina right now. Plenty of people losing their jobs, factories closing (some with decades of existence in Argentina), plenty of people begging on the streets.

A lot of people who support him do so out of antiperonist feelings (which has a very strong tradition in Argentina), even as he makes their lives harder or they have to close their businesses due to Milei-induced crises.

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