Average monthly income for Argentines is a few hundred dollars a month. The largest private employer in Argentina is headquartered in Uruguay.<p>Argentina is essentially living a Hunger Games reality. An economy designed to solely benefit the capital. Everyone else exists to extract resources for the capital.
Writing this in case I forget. Somewhere on Twitter. ( And I cant find the exact tweet )<p>Eliminating Jobs in the public sector with little to zero productivity force those people into private sector and increases national productivity.
Thank the IMF - <a href="https://archive.is/cR3Zi" rel="nofollow">https://archive.is/cR3Zi</a><p>Most of the bail out goes back to Wall St as interest payments on loans Argentina was about to default on and prevents China showing up and taking over. Milei is just a clown to keep the plebs entertained.
leave it to ft.com to paint this as a feel good, happy story. meanwhile, argentinians are facing record poverty levels, inflation at extraordinary levels, and extreme wealth inequality. but hey, recession exited! austerity 1 working proles 0.
Of course the American bourgeois press rejoices! They are plundering the Argentinian's working class to fill the pockets of their western Overlords...