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intelshill ( intelshill@lemmy.ca )  to World News@lemmy.ml · 3 years ago

Argentina's Milei backtracks on dollarization

www.dw.com

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Argentina's Milei backtracks on dollarization

www.dw.com

intelshill ( intelshill@lemmy.ca )  to World News@lemmy.ml · 3 years ago
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Argentina's Milei backtracks on peso switch – DW – 01/11/2024
www.dw.com
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Javier Milei has backed down on his election promise to replace the peso with the dollar to revive the flagging economy. Despite the U-turn and runaway inflation, opinion polls show strong public support for Argentina's new president.
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  • Omega_Haxors ( Omega_Haxors@lemmy.ml ) Banned
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    3 years ago

    Thank fuck I was genuinely terrified for the Argentine people.

    • belated_frog_pants ( belated_frog_pants@beehaw.org ) 
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      3 years ago

      I mean i still am. The poverty and ridiculous inflation has already been happening. Unemployment is staggering. They are not doing well :<. I feel for the people.

    • GissaMittJobb ( GissaMittJobb@lemmy.ml ) 
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      3 years ago

      Milei is still in power so you should probably keep being terrified my friend

  • Avid Amoeba ( avidamoeba@lemmy.ca ) 
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    3 years ago

  • ليتني كوري شمالي  ( PanArab@lemmy.ml ) 
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    3 years ago

    He will back track on BRICS but I would rather take Bangladesh. It actually has potential and isn’t run by a crazy person

    • intelshill ( intelshill@lemmy.ca ) OP
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      3 years ago

      I’d rather take fucking Venezuela. BRICS is an uplifting mechanism as much as it is a global faction.

      Growth in trade amongst BRICS is immense and that’s exactly what Venezuela needs right now.

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