this post was submitted on 17 Oct 2023
293 points (97.4% liked)
science
14848 readers
951 users here now
A community to post scientific articles, news, and civil discussion.
rule #1: be kind
<--- rules currently under construction, see current pinned post.
2024-11-11
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You can have a very detailed, impractical plan.
For example, his plan for dollarization requires going into a lot of debt, when we're already drowning in it and no one wants to buy our bonds.
Of course, he says that he will regain investors's trust but that seems unlikely given our track record, how Milei is perceived internationally, and the fact that major investment banks have argued against dollarization.
I don't understand why they think dollarization is the silver bullet to solve all argentinean economic problems, like what country om earth dollarized their economy and are doing right?