Protests erupt in Argentina against President Javier Milei’s economic shock decree

Rapidcreek@lemmy.world to World News@lemmy.world – 282 points –
Protests erupt in Argentina against President Javier Milei’s economic shock decree - Argentina Reports
argentinareports.com
40

You are viewing a single comment

I'm not a libertarian, I'm a social democrat.

The last century has been a total and unmitigated disaster for Argentina. The two options Argentinians had in this election were:

  1. More of the same by the guy who oversaw inflation reaching 160% (100% chance of things getting worse)
  2. A total wild card (99.9% chance of things getting worse)

Unsurprisingly, they went for the latter. I don't think anti-libertarians get to gloat in this context, given it's the Argentinian establishment which has overseen one of the most remarkable examples of total state-collapse and economic failure in modern history.

I don't actually know anything. But casually to me it looked like a choice between 160% chance of it getting worse and a 300% chance of getting worse. And it's not very surprising at all in these circumstances many go for the latter for all sorts of reasons (and delusions). But I don't actually know anything.