Macri, in Montevideo, says Argentine gov't "irresponsible"

Macri, in Montevideo, says Argentine gov't “irresponsible”

Thursday, August 17th 2023 - 10:15 UTC

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Former Argentine President Mauricio Macri said Wednesday in Montevideo that his country's current government was “irresponsible” in light of the recent devaluation and the rampant inflation that ensued. Read full article

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bushpilot
Macri speaks of economic “chaos” before this upcoming election.

Interestingly, in the last election when Macri was the incumbent, Christine Kirchner called that economic situation a “catastrophe”.

Before that election, there was a drought, which hurt the economy badly. Before this election there is a drought which is hurting the economy badly.

And in each election, a drought had nothing to do with it. The other side is a “disaster”, that's the problem.

Now, if Macri is so economically on top of things, and has all the answers, why was he elected out of office?

Also, the dude borrowed a whopping $54 billion from the IMF just before election time. And now he is calling the other side “irresponsible”?

Was it a drought, that got Macri thrown out of office, but this time, it isn't the drought, it's irresponsible behavior.

If the Argentine's now want to vote for fiscal responsibility, you can expect a lot of union strikes, pot banging, and burning tires blocking the main thoroughfares.

When the Argentines wanted no wrong done to Argentines, as the current president claims he has not done, then you get crazy inflation from printing & borrowing to keep everybody happy.

So what do they all want, no inflation, & strikes everywhere, or everybody with money, and super inflation?

Something that people from all “elect your leader” western democracies might want to learn:

You can't print money, you can't borrow money, you have to “make” money.

Anything besides this is a fantasy that leads to pain. This truth is usually ignored by further fantasies. Hence the economic implosion.

It is a mere firecracker compared to the implosion the U.S., and the world, will one day experience from all the U.S.'s smoke & mirror bull.
Aug 18th, 2023 - 05:05 am - Link - Report abuse +1
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Chicureo
bushpilot

My neighbors will always blame others for their own stupidity.

There are positive aspects of Argentina being declared a failed state with their economy in bankruptcy.

¡Saludos de Panquehue!
Aug 18th, 2023 - 03:17 pm - Link - Report abuse 0
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