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@baseddesigner.eth
was watching this video about sri lanka and at one point Portugal came up saying portugal was a great example of IMF bail-out success portugal had to agree to a number of measures which we can all feel now what this made me think is that current state of portugal is unable to do key decisions no matter who we elect, IMF decides how much our taxes are, how much sales tax is, how much public sector should be making so now we have: - higher prices on everything - higher taxes - reduced benefits - strikes of public workers every month pretty much - fear in opening business and doing things legally - overloaded healthcare system even in the private sector - wages in general so low people don't want to do their work properly like delivering parcels now is this success??? can the country ever come back from that? this is seriously tragic to see
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Mikko
@moo
It's success in a sense it could be worse. Could be Argentina. Could be Turkey.
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Mikko
@moo
I hear what you are saying. But we also need to look in the context of the rest of Europe and European Union: has it been better somewhere else?
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@baseddesigner.eth
all you need is a smart person in charge and able to do decisions independently for their nation/people I guess in EU no one would allow you to execute any of the decisions they executed in the first year https://x.com/elonmusk/status/1880530086241399093
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@baseddesigner.eth
we'll see what happens to argentina in a year, short term yes but in EU also EUR currency which wouldn't inflate comparable to any other single nation
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