tiny lemmy 

Javier Milei deepens Argentina's IMF debt trap with 'emergency' loan

c/worldnews · u/badwetter@kbin.melroy.org · 107 points

Open external link

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.

Comments

u/PolandIsAStateOfMind@lemmy.ml · 6 points

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.

u/bearboiblake@pawb.social · 9 points

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.

u/skozzii@lemmy.ca · 20 points

Trump politics, fastest one to bankrupt your country by looting it wins.

u/regul@lemm.ee · 17 points

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.

u/Cowbee@lemmy.ml · 11 points

Can he even do greater austerity? Thought he pretty much gutted everything they could.