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matt 💭
@matthewmorek
the market naturally solves real world problems. just need to give it time and kick out the socialists https://reason.com/2024/09/26/rents-fall-and-listings-increase-after-javier-milei-ends-rent-control-in-argentina/
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llamafacts
@llamafacts.eth
Here's the other side of the story https://edition.cnn.com/2024/09/27/business/argentina-poverty-rate-increase-50-percent/index.html maybe this is the reason?
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matt 💭
@matthewmorek
transition phase is always the worst. want proof? look at Poland after switching to being a republic with a capitalist economic system in 1990. someone posted recently how well the country is doing 35 years after kicking commies out. long term game my friend, long term
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llamafacts
@llamafacts.eth
Yeah because Argentina was communist before Milei 🤣🤣🤣
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llamafacts
@llamafacts.eth
Btw it's good that you mention Poland. Its social spending is around 22% of its GDP while Argentina's was close to 15% as of 2021. Latin America's problem is not political ideology. Reducing the problem to "Milei and ultra far right is good, everything else is bad" is far from being constructive or useful. Latam's problem is corruption. With the exception of Cuba and Venezuela. Latam hasn't had any extreme far left or right government, and still we're all poor. And will be poor until somehow we stop corruption/lobbying (lobbying = legal corruption).
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matt 💭
@matthewmorek
that’s a nice straw man right there. where did I imply Argentina was communist?
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