In Reply to: Massive inflation is good as long as the poverty rate is only 45% posted by wwood2 on November 20, 2024 at 08:17:34
Maybe you're even dumber than we thought?
INflation is HIGHER now than when Milei took over, he ran it up from over 100% to 300%, he's now cut it to about 190% which is still HIGHER than what he inherited.In the meantime, poverty rate is up 10%, wages are DOWN, he cut all sorts of things, the average teacher wage is now below poverty level.
He's so unpopular they had a massive airline strike that literally shut down the entire airline industry in Argentina. Thousands of citizens are protesting in the streets. They had to increase security because of all the assassination plots.
I can see why Musk loves him, he did the same thing with Twitter, massive job cuts and then when revenue, profit and marketing revenue plummeted, he took the company private to hide how bad it was. now he's claiming X is profitable but nobody believes him because people in the know insist they're still losing money and the only reason creditors haven't called the loans is Musk promised them political favors when Trump won