Argentina’s budget has a surplus for the first time in 123 years!

pele23 in #hive-167922 • 7 days ago

Mileinomics

Javier Milei has really put his mark on Argentina’s economy in only just one year. He fired 75 procent of the government staff, cut 380000 regulations, and cut taxes. By that he managed to get inflation from 25 % to 2.7 %. Poverty has decreased, homelesness has decreased and most important of all. For the first time in 123 years, the budget of the country doesn’t have a deficit but a surplus. Which brings down the government debt!

They call it Mileinomics, I call it common sense. The world needs more leaders like Javier Milei, which create jobs instead of creating debt!

An example for the rest of the world as a lot of countries are in very bad financial shape, including mine, Belgium!

Sincerely,

Pele23

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kph 7 days ago

I am here in Argentina. Although its more stable, the price of food and living is so expensive. Its similar to Europe. I think, in one year we might see some improvement. The main issue is the goverment finances doesn't represent what is in the peoples pockets.

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pele23 7 days ago

Of course, it takes a while before this trickles down to the people’s wallets

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djbravo 7 days ago

At this time, if we look at the conditions of the countries of the world, people are worried because of inflation in each country and their income is not so high that they can live well now.

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