World News@lemmy.worldEnglish · 1 year ago

Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com

cross-posted to:
hackernews@lemmy.smeargle.fans

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Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
hackernews@lemmy.smeargle.fans

Milei is pledging economic shock therapy, including shutting the central bank, ditching the peso and slashing spending. His challenges will be enormous: Empty coffers, a $44 billion debt program with the IMF, 150% inflation and more.

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1 year ago
Time to bankrupt a country to pay off venture capital debts!

Worked out great for the last guy to acquiesce to American interests…

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