If elected president, economist Javier Milei has pledged to eliminate government spending on research and shut down the environment and health ministries.
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?
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?