Re:Argentina inflation seen cooling as Milei austerity tempe...
by otherme123 on Sunday March 10, 2024 @05:15AM
(#39657777)
There's nothing magical behind "long running companies". I can name a few that are trash, and they only keep going because they have politicians in their pocket. If a company depends on the government creating hyperinflation or subsidizing it for its survival, that's not a good sign.
In other words, if you are too big to fail, you are too big to exist.
Re:Argentina inflation seen cooling as Milei austerity tempe...
by ericfrazier on Sunday March 10, 2024 @09:48PM
(#39664142)
I'll always bet on the self reliance of a people not coddled and extorted.
To me, the private sector, the health of long running companies (and of course human lives) is a more logical argument than any loose analogy about being drunk or going on a diet that depict nothing on the actual real-life impact of any economic policy.
I didn't even mention good or evil. I mentioned that messing with your domestic industry almost never fares well for your country.
And, about Trump. They both have in common that they have special persionalities and both spend a lot of time on Twitter. But that's it. Regarding economic policies, Trump is a proteccionist and Milei is an anarchocapitalist.