Javier Milei deepens Argentina's IMF debt trap with 'emergency' loan
Argentina's US-backed libertarian President Javier Milei is using an emergency decree to take a huge loan from the IMF, deepening the debt trap that has devastated his country, fueling high inflation.
https://geopoliticaleconomy.substack.com/p/javier-milei-argentina-imf-debt-trap-loanOpen linkView original on kbin.melroy.org
Trump politics, fastest one to bankrupt your country by looting it wins.
How embarrassing.
That guy seems to be winning so hard, he's going to end up with a free famine.
Just one more loan bro…
I mean, if you're an AnCap and want to destroy the state and replace it with bank contracts, this is definitely the way to do it.
Interesting seeing this after the flurry of positive articles he's been receiving over the last month.
Let me guess, those positive articles were originating from the organs of western financiere?
all those positive articles were puff pieces from western media, they're terrified of people moving away from capitalism, argentina was, until recently, socialist, so the USA and their allies did everything possible to cause them problems. so when a capitalist won the election they just started spamming how great he was and all that shit.
it's all bullshit. it's all lies. you can't believe a word the media prints.
Argentina was never socialist, but Milei was propped because USA grip on the continent was dangerously loosening with leftists being elected in various countries so they did pushed the IMF puppet because they always keep countries wide open for US imperialism.
gotta get some liquidity to keep the base happy for the midterms.
Can he even do greater austerity? Thought he pretty much gutted everything they could.
God the picture of this headline looks so awkward