Argentina's New President Wants to Adopt the Dollar as the National Currency

Re:Argentina's New President Wants to Adopt the Dollar as th... by Daishiman on Monday November 20, 2023 @05:48PM (#38356033)

I live here and I've traveled to all over Latin America. I have a _much_ better clue of what I'm talking about. There is hardly a middle class in Peru, Ecuador, and Colombia. The mean standard of living in Chile is similar but with no less middle class, more rich, and more poor.

Now the middle class in this country will get to see to what extend their sustenance was being managed through wealth transfers.

[ Parent | on HN ]

Re:Argentina's New President Wants to Adopt the Dollar as th... by isaacremuant on Friday November 24, 2023 @07:36AM (#38403346)

There's practically no middle class. You're probably very privileged and confusing your own comfortable privilege with the lives of actual workers.

140% inflation, currency controls, 16 years of K government destroying institutions and you want to come at me with the "lots of English speakers", now things are gonna be worse.

Mate, people emigrate from Argentina to the rest of LATAM, not viceversa (unless you earn in USD).

The fact that you're pretending people live better here and you're just trying to make it about class shows how little perspective you have. Speaking for "the People" right?

[ Parent | on HN ]

Re:Argentina's New President Wants to Adopt the Dollar as th... by Daishiman on Friday November 24, 2023 @12:08PM (#38405992)

Net migration rate into Argentina is _positive_.

If you really think there is no middle class in Argentina, seriously, you need to travel around more, what can I say.

[ Parent | on HN ]