I fucking love this guy
(https://i.ibb.co/WKMVDh7/F7226-A95-D880-4-A17-AF6-D-25605-A013-BD2.jpg)
Quote from: Erica Mena on November 20, 2023, 09:50:00 AMI fucking love this guy
(https://i.ibb.co/WKMVDh7/F7226-A95-D880-4-A17-AF6-D-25605-A013-BD2.jpg)
I think I like him too.
Javier Milei is extremely scary. That's what legacy media have decided.
Mean TWEETS?
Dude is Super Sayan Trump Mode.
Quote from: Erica Mena on November 20, 2023, 09:50:00 AMI fucking love this guy
(https://i.ibb.co/WKMVDh7/F7226-A95-D880-4-A17-AF6-D-25605-A013-BD2.jpg)
Argentina is in dire straits Erica.
Quote from: JOE on November 24, 2023, 02:53:01 AMArgentina is in dire straits Erica.
That's what decades of Peronist socialism does too a once wealthy nation.
Quote from: Herman on November 24, 2023, 01:15:59 AM
That proves he is evil.
So, what are his deeply frightening positions? He has called for vast cuts to Argentina's government — a necessity, since Argentina has defaulted on its debts three times since 2001, has a $43 billion outstanding loan to the International Monetary Fund and now faces another default. It received a $57-billion bailout just five years ago. Thanks to out-of-control spending, Argentina has had to print pesos hand over fist, which is why, according to the Ministry of the Economy, total money supply in Argentina skyrocketed 30.7% a year from 2007 to 2022. The poverty rate in the country is 40%.
Milei's media appearances may be colourful, but that all serves a purpose — a determination to make massive change to Argentina's economic trajectory. Milei has promised to slash and burn his way through government, cutting 11 of 19 departments of the government; he campaigned with a chainsaw he pledged he would use on the "parasitic state." He wants to draw closer to the United States and Israel and away from China. He wants to dollarize the economy.
All of this should be treated as good news. Argentina's trajectory has been a total disaster area for decades. In fact, the markets are treating Milei's election as they should. Argentine stocks and bonds have jumped on Milei's election, mainly because he is the first leader of Argentina in generations who has a plan to actually avoid economic default.
So, why the heartburn?
The reality is there are many in the United States and Europe, particularly on the political Left, who somehow feel more comfortable with the socialist radicalism of Lula De Silva, Gabriel Boric and even Nicolas Maduro than with anyone who smacks of libertarianism or conservatism. That's because Argentina is a living example of what happens when corporatism and social democracy are taken to their limits — the substitution of governments for markets, the overregulation of industry in pursuit of social redistributionism, the attempts to create autarky via tariff protections and trade restrictions, the endless populist promise that if all power is given to the government to protect "the people," then all will be well. That promise always results in privation and misallocation, in tyranny and poverty.
Now the media and the political Left will attempt to shovel all of Argentina's failures on Milei's shoulders. Milei still faces a partly Peronist legislature, as well as a court system stacked in favour of leftist foolishness. Supreme Court magistrate Horacio Rosatti recently said any attempt to dollarize would be unconstitutional. This means his power may be curbed; he still faces entrenched economic problems and he will require an infusion of foreign capital in order to right the ship in Argentina. If he comes up short, capitalism and economic liberalism will be blamed for the failures of Peronism. That's always the pattern — corporatists ruin economies and then capitalism gets the blame.
Quote from: DKG on November 24, 2023, 10:24:04 AMSo, what are his deeply frightening positions? He has called for vast cuts to Argentina's government — a necessity, since Argentina has defaulted on its debts three times since 2001, has a $43 billion outstanding loan to the International Monetary Fund and now faces another default. It received a $57-billion bailout just five years ago. Thanks to out-of-control spending, Argentina has had to print pesos hand over fist, which is why, according to the Ministry of the Economy, total money supply in Argentina skyrocketed 30.7% a year from 2007 to 2022. The poverty rate in the country is 40%.
Milei's media appearances may be colourful, but that all serves a purpose — a determination to make massive change to Argentina's economic trajectory. Milei has promised to slash and burn his way through government, cutting 11 of 19 departments of the government; he campaigned with a chainsaw he pledged he would use on the "parasitic state." He wants to draw closer to the United States and Israel and away from China. He wants to dollarize the economy.
All of this should be treated as good news. Argentina's trajectory has been a total disaster area for decades. In fact, the markets are treating Milei's election as they should. Argentine stocks and bonds have jumped on Milei's election, mainly because he is the first leader of Argentina in generations who has a plan to actually avoid economic default.
So, why the heartburn?
The reality is there are many in the United States and Europe, particularly on the political Left, who somehow feel more comfortable with the socialist radicalism of Lula De Silva, Gabriel Boric and even Nicolas Maduro than with anyone who smacks of libertarianism or conservatism. That's because Argentina is a living example of what happens when corporatism and social democracy are taken to their limits — the substitution of governments for markets, the overregulation of industry in pursuit of social redistributionism, the attempts to create autarky via tariff protections and trade restrictions, the endless populist promise that if all power is given to the government to protect "the people," then all will be well. That promise always results in privation and misallocation, in tyranny and poverty.
Now the media and the political Left will attempt to shovel all of Argentina's failures on Milei's shoulders. Milei still faces a partly Peronist legislature, as well as a court system stacked in favour of leftist foolishness. Supreme Court magistrate Horacio Rosatti recently said any attempt to dollarize would be unconstitutional. This means his power may be curbed; he still faces entrenched economic problems and he will require an infusion of foreign capital in order to right the ship in Argentina. If he comes up short, capitalism and economic liberalism will be blamed for the failures of Peronism. That's always the pattern — corporatists ruin economies and then capitalism gets the blame.
I aint no super small government libertarian, but he don't seem so scary to me.
Dammit DKG, if you're gonna channel your inner Ben Shapiro, at least let us know... like with a link to the original text.
Remember... you're better than Joe Biden. :crampe:
Quote from: Adolf Oliver Bush on November 25, 2023, 06:31:23 AMDammit DKG, if you're gonna channel your inner Ben Shapiro, at least let us know... like with a link to the original text.
Remember... you're better than Joe Biden. :crampe:
I have been told to do that. I used to do that. I should start doing that again.
Quote from: DKG on November 24, 2023, 10:20:42 AMThat's what decades of Peronist socialism does too a once wealthy nation.
I've often noticed that Latin cultures/nations aren't very good at the administrative side of things or running economies very well. And their societies are a mess. ie - Mexico has plenty of wealth but corruption is rampant and the society is run by the drug lords. Their water is still undrinkable because they don't bother to fix it even tho they have the money
Quote from: JOE on November 28, 2023, 04:08:50 PMI've often noticed that Latin cultures/nations aren't very good at the administrative side of things or running economies very well. And their societies are a mess. ie - Mexico has plenty of wealth but corruption is rampant and the society is run by the drug lords. Their water is still undrinkable because they don't bother to fix it even tho they have the money
You have never been to Mexico or any other Latin American country.
Quote from: Brent on November 28, 2023, 06:52:14 PMYou have never been to Mexico or any other Latin American country.
Been to Mexico Brent.
Mazatlan, Mexico City, Guadalajara, Tijuana
that's about it.
Wasn't too impressed.
Everytime I went, I got stomach flu
For all its flaws, USA is still a better place to visit.
At least their drinking water is somewhat acceptable.
USA is more like Canada. If I had to choose 2 countries to visit, I'd still choose the states.
that bug must be in everything they eat down there.
Reason I don't think I could ever live in Mexico.
Probably be sick i the stomach all the time.
Bad water, eh. too 3rd worldish imo
Poor old Joe can't afford a round trip from the Canada Line to the Expo Line on Vancouver's Sky Train.
Quote from: Herman on November 28, 2023, 10:49:48 PMPoor old Joe can't afford a round trip from the Canada Line to the Expo Line on Vancouver's Sky Train.
Actually Herm, I try ta avoid taking the Skytrian or bus system in Vancouver if possible. They're full of homeless bums and drug addicts & they stink of weed. They're atrocious. Even the Old Timer Bus Drivers have told me the busses have gone downhill in my city & more or less house the homeless who just sleep on them during the day.
I know you avoid the Sky Train Joe. Ya can't afford it.
Quote from: Herman on November 29, 2023, 12:42:19 AMI know you avoid the Sky Train Joe. Ya can't afford it.
Back in the day I was fined one time for not paying the fare.
Didn't bother to pay it.
Turns out, they ended up cancelling all the fines when the electronic turnstiles came in. However, all them other payple who payed thousands (millions?) in fine shore got the shaft Herm.
It was all a scam, eh? Just like the skytrain and the organization that runs it.
The closest Joe will ever get to Mexico is standing next to a picture of Playa Del Carmen at a travel agency before they kick his broke ass out for vagrancy.
Quote from: Brent on November 29, 2023, 02:00:11 PMThe closest Joe will ever get to Mexico is standing next to a picture of Playa Del Carmen at a travel agency before they kick his broke ass out for vagrancy.
Jo Jo and I are going to Puerto Vallarta for Valentine's Day. It is the gay capital of Mexico.
Quote from: Thiel on November 29, 2023, 07:06:20 PMJo Jo and I are going to Puerto Vallarta for Valentine's Day. It is the gay capital of Mexico.
You should roofie him and drop him off in TJ after.
Quote from: Lokmar on November 29, 2023, 07:40:30 PMYou should roofie him and drop him off in TJ after.
No, I need him to run errands for me.
Quote from: Thiel on November 29, 2023, 07:45:51 PMNo, I need him to run errands for me.
After a delirious escapade in TJ, he's sure to come running back to you anyway.
Quote from: Lokmar on November 29, 2023, 07:49:13 PMAfter a delirious escapade in TJ, he's sure to come running back to you anyway.
Jo Jo always returns for more of me.
Quote from: JOE on November 29, 2023, 01:17:57 AMBack in the day I was fined one time for not paying the fare.
Didn't bother to pay it.
Turns out, they ended up cancelling all the fines when the electronic turnstiles came in. However, all them other payple who payed thousands (millions?) in fine shore got the shaft Herm.
It was all a scam, eh? Just like the skytrain and the organization that runs it.
They know penniless bums like you cannot afford a fare or a fine.
Quote from: Herman on November 29, 2023, 09:49:19 PMThey know penniless bums like you cannot afford a fare or a fine.
II might have more money in the bank than you, Herm.
rony is...you'll be supporting me when I retire and get my government pension while your son and you have to keep working and get nothing. that seems a tad unfair,but hey - who sez ya caint have yer cake and eat it, hey Herm?
And even if you pass away, your hardworking son will be take over and support me, even tho I've got more money than him, Herm.
Still, while yer alive I like the idea that I'll be living off 2 generations of Herman.
Life is so good because of folks like you, Herm.
So Keep up the good work, eh?
Thanks Herm
I don't go to the West Coast that often and when I do I do not take public transit. But, if I do decide to go slumming it, just let me know which station you panhandle at and generous old Herman will throw a shiny twoonie in your hat. You can post a picture of it in your goofy coin thread if you like.
Quote from: Herman on November 29, 2023, 10:07:25 PMYou can post a picture of it in your goofy coin thread if you like.
I just did Herm!
I bought 21 vintage cons today.
all Canadian. Real beauties!
Alright I will give you a loonie and a twoonie if I see you begging at a Sky Train station. I hate seeing destitute seniors. Old Herman has a heart.
Quote from: Lokmar on November 29, 2023, 07:49:13 PMAfter a delirious escapade in TJ, he's sure to come running back to you anyway.
I've been there...Lokmar!
Tharz lottsa whores there, eh?
And I saw plenty of yer fellow Americans masquerading around as tourists, but acting like well-paying customers whoring around. A number of 'em happilly married men like yerself no doubt Lokmar.
A whore there, a whore there.
Didja go there already...Lokmar!?!
I hears Las Vegas is full of 'em too, Bud.
I've never been to mexico and have no desire to ever go there. I go to Vegas with my wife. Besides the obvious benefits, I love her company and we do lots of great stuff together. Last Oct, we met my parents there.
I dont understand paying for pussy, especially paying for professional pussy. Thats like Russian Roulette. Plus, even a crazy bitch of a girlfriend should be banging you as much as you want in Vegas. All you have to do is buy her drinks and dinner.
Quote from: Lokmar on November 29, 2023, 11:30:38 PMI've never been to mexico and have no desire to ever go there. I go to Vegas with my wife.
Sounds like old Thiel is going to Mexico with his wife(Joe).
Argentina is a relevant example to our own economies.
Because if spending goes out of control and they print too much money we may experience a taste of what they are going through.
Perhaps not as bad, but could be a return to the late 1970s with double digit inflation, higher interest rates.
Quote from: JOE on December 02, 2023, 01:52:54 AMArgentina is a relevant example to our own economies.
Because if spending goes out of control and they print too much money we may experience a taste of what they are going through.
Perhaps not as bad, but could be a return to the late 1970s with double digit inflation, higher interest rates.
Ya think genius. :facepalm:
Argentina has not usually been on the list. With 100 years of bankruptcy and inflation it has hardly been a role model for anyone.
However, that is about to change. Its libertarian, small state new president, Javier Milei, is taking a "chainsaw" to its bloated state. And at a time when Canada's public sector is growing uncontrollably, while its productivity is plunging, we should watch closely – if Argentina can get it right, so can we.
Quote from: DKG on December 17, 2023, 12:25:36 PMYa think genius. :facepalm:
From my own past experience of having lived through it, I think we in a period very similar to the 1970s, DKG.
Somehow, much to the chagrin and disappointment of doomsday investors, I don't think the economy will drop off the cliff. Also, it's much more manipulated and a controlled economy than it used to be.
I see all these videos on YouTube that we are living in a period very similar to right before the Great Depression. However, I think these prognosticators aren't necessarily reading the situation right. I think it's more like the 1970s.
Which means...more inflation, higher interest rates.
Stagflation - which will lead to a stagnant stock market.
Therefore, commodoties and food stuffs might be the better place for someone to invest their money rather than the Stock Market.
What do you think, DKG?
Quote from: DKG on December 17, 2023, 12:25:36 PMYa think genius. :facepalm:
Joe is a shitty troll.
Politically he is probably going to be a failure as he will introduce very needed but deeply unpopular reforms and spending cuts. If he can also deregulate and privatize much of the socialist economy (Peronism has run Argentina for most of the last 90 years and it's philosophy is a mix of authoritarianism and socialism) then much long term good will have been accomplished.
That said, he doesn't have a majority in the legislature so my guess is he will get hamstrung by the opposition hoping gridlock will favor them.
Quote from: JOE on December 17, 2023, 01:09:06 PM...I think we in a period very similar to the 1970s, DKG.
ME TOO
LET'S HOPE THE TREND CONTINUES AND THE PRESIDENT RESIGNS(https://i.imgur.com/1hlVnzq.png)
Quote from: Oliver the Second on December 26, 2023, 06:44:36 PMME TOO
LET'S HOPE THE TREND CONTINUES AND THE PRESIDENT RESIGNS
(https://i.imgur.com/1hlVnzq.png)
I'm starting to wonder if Biden will throw us a curve ball and actually not run again. Or will be pressured to by his own party to do so.
Quote from: Oliver the Second on December 26, 2023, 06:44:36 PMME TOO
LET'S HOPE THE TREND CONTINUES AND THE PRESIDENT RESIGNS
(https://i.imgur.com/1hlVnzq.png)
He is a crook, but more importantly he hates working class people.
They're already sabotaging his government
Trump and Bolsonaro come to mind
Quote from: Rancidmilko on December 28, 2023, 11:33:19 AMThey're already sabotaging his government
Trump and Bolsonaro come to mind
Thats why these things have to be handled the Pinnochet way. People gotta DIE, DIE, DIE!!!!
"Donde Estan Liberal Shitbags?"
"Bitches, we fukin killed em!"
Quote from: Rancidmilko on December 28, 2023, 11:33:19 AMThey're already sabotaging his government
Trump and Bolsonaro come to mind
Do you the mean the opposition, the mnedia and academia in Argentina? I know Peronist socialism is deeply entrenched in that country. Argentina should have living standards on par with Switzerland.
Quote from: DKG on December 28, 2023, 12:04:41 PMDo you the mean the opposition, the mnedia and academia in Argentina? I know Peronist socialism is deeply entrenched in that country. Argentina should have living standards on par with Switzerland.
South Americans are stupid. Argentina, Venezuela, Chile, all were great one day and now they're fucked. Brazil is the same, but all the slavery and mass murder of the natives left a deep scar that'll never heal and is now festering more than ever. Paraguay and Uruguay are the only two who are showing hope for the future.
Quote from: Rancidmilko on December 28, 2023, 01:12:02 PMSouth Americans are stupid. Argentina, Venezuela, Chile, all were great one day and now they're fucked. Brazil is the same, but all the slavery and mass murder of the natives left a deep scar that'll never heal and is now festering more than ever. Paraguay and Uruguay are the only two who are showing hope for the future.
Uruguay has the highest living standards in Latin America don't they?
Quote from: Oerdin on December 26, 2023, 01:07:11 AMPolitically he is probably going to be a failure as he will introduce very needed but deeply unpopular reforms and spending cuts. If he can also deregulate and privatize much of the socialist economy (Peronism has run Argentina for most of the last 90 years and it's philosophy is a mix of authoritarianism and socialism) then much long term good will have been accomplished.
That said, he doesn't have a majority in the legislature so my guess is he will get hamstrung by the opposition hoping gridlock will favor them.
But, what he can do, he has been quick to do. He has slashed nine government departments, devalued the peso by 50%, and suspended all public works.
Quote from: Oerdin on December 26, 2023, 01:07:11 AMPolitically he is probably going to be a failure as he will introduce very needed but deeply unpopular reforms and spending cuts. If he can also deregulate and privatize much of the socialist economy (Peronism has run Argentina for most of the last 90 years and it's philosophy is a mix of authoritarianism and socialism) then much long term good will have been accomplished.
That said, he doesn't have a majority in the legislature so my guess is he will get hamstrung by the opposition hoping gridlock will favor them.
It is like Trump said to coloured folks in 2016-your schools are a joke, businesses have left your communities, your local leaders are corrupt, what have you got to lose. It is like that with Millei.
Quote from: Rancidmilko on December 28, 2023, 01:12:02 PMSouth Americans are stupid. Argentina, Venezuela, Chile, all were great one day and now they're fucked. Brazil is the same, but all the slavery and mass murder of the natives left a deep scar that'll never heal and is now festering more than ever. Paraguay and Uruguay are the only two who are showing hope for the future.
I still have some hope Mr Millei. I know Peronist socialism is deeply entrenched in the fabric of Argentina. Mr Millei cannot accomplish everything in one term, but he is acting quickly. If he loses the next election, the Peronists simply reverse all reforms and the economic cancer in Argentina spreads.
Quote from: DKG on December 29, 2023, 11:47:46 AMI still have some hope Mr Millei. I know Peronist socialism is deeply entrenched in the fabric of Argentina. Mr Millei cannot accomplish everything in one term, but he is acting quickly. If he loses the next election, the Peronists simply reverse all reforms and the economic cancer in Argentina spreads.
They've already organizing a nationwide strike on Argentina. They're hopeless.
Quote from: Rancidmilko on December 29, 2023, 03:16:32 PMThey've already organizing a nationwide strike on Argentina. They're hopeless.
I assume the Argentinian economy is highly unionized? That is the only way this kind of blackmail will work.
President-elect Millei may have to get really tough and break some unions.
Quote from: Rancidmilko on December 29, 2023, 03:16:32 PMThey've already organizing a nationwide strike on Argentina. They're hopeless.
I've seen that happen quite a few time over the last 30 years or so. Buenos Aires goes hat in hand to the IMF. The IMF forces some austerity on the country. National strikes follow and the government lifts the austerity measures.
Millei formally announced Friday that Argentina won't join the BRICS bloc of developing economies, the latest in a dramatic shift in foreign and economic policy.
In a letter addressed to the leaders of Brazil, Russia, India, China and South Africa — all members of the alliance — Milei said the moment was not "opportune" for Argentina to join as a full member.
However, in the letter addressed to his counterpart Luiz Inácio Lula Da Silva in neighboring Brazil and the rest of the leaders of full BRICS members — Xi Jinping of China, Narenda Mondi of India, Vladimir Putin of Russia and Matamela Ramaphosa of South Africa — Milei proposed to "intensify bilateral ties" and increase "trade and investment flows."
Milei also expressed his readiness to hold meetings with each of the five leaders.
Quote from: Thiel on December 29, 2023, 06:47:47 PMI assume the Argentinian economy is highly unionized? That is the only way this kind of blackmail will work.
President-elect Millei may have to get really tough and break some unions.
Yep
Same shit as in Brazoo
Over here, even the whores have unions
Quote from: Rancidmilko on December 30, 2023, 07:48:04 AMYep
Same shit as in Brazoo
Over here, even the whores have unions
So instead of a dockworkers union they have a cockworkers union?
Quote from: Oliver the Second on December 30, 2023, 10:33:38 AMSo instead of a dockworkers union they have a cockworkers union?
Quote from: Herman on December 30, 2023, 12:38:38 AMMillei formally announced Friday that Argentina won't join the BRICS bloc of developing economies, the latest in a dramatic shift in foreign and economic policy.
In a letter addressed to the leaders of Brazil, Russia, India, China and South Africa — all members of the alliance — Milei said the moment was not "opportune" for Argentina to join as a full member.
However, in the letter addressed to his counterpart Luiz Inácio Lula Da Silva in neighboring Brazil and the rest of the leaders of full BRICS members — Xi Jinping of China, Narenda Mondi of India, Vladimir Putin of Russia and Matamela Ramaphosa of South Africa — Milei proposed to "intensify bilateral ties" and increase "trade and investment flows."
Milei also expressed his readiness to hold meetings with each of the five leaders.
I read he wants to move the Argentine economy closer to the West.
Quote from: Rancidmilko on December 30, 2023, 07:48:04 AMYep
Same shit as in Brazoo
Over here, even the whores have unions
If they go on strike, what do horny desperate men do. Jo Jo is mine and off the market.
Quote from: Herman on December 30, 2023, 12:38:38 AMMillei formally announced Friday that Argentina won't join the BRICS bloc of developing economies, the latest in a dramatic shift in foreign and economic policy.
In a letter addressed to the leaders of Brazil, Russia, India, China and South Africa — all members of the alliance — Milei said the moment was not "opportune" for Argentina to join as a full member.
However, in the letter addressed to his counterpart Luiz Inácio Lula Da Silva in neighboring Brazil and the rest of the leaders of full BRICS members — Xi Jinping of China, Narenda Mondi of India, Vladimir Putin of Russia and Matamela Ramaphosa of South Africa — Milei proposed to "intensify bilateral ties" and increase "trade and investment flows."
Milei also expressed his readiness to hold meetings with each of the five leaders.
It really doesn't matter as BRICS doesn't do anything of substance. It is literally a photo op.
Quote from: Rancidmilko on December 28, 2023, 01:12:02 PMSouth Americans are stupid. Argentina, Venezuela, Chile, all were great one day and now they're fucked. Brazil is the same, but all the slavery and mass murder of the natives left a deep scar that'll never heal and is now festering more than ever. Paraguay and Uruguay are the only two who are showing hope for the future.
Is Chile really doing that bad? I thought they were better managed than most.
Quote from: Oerdin on December 30, 2023, 10:03:55 PMIs Chile really doing that bad? I thought they were better managed than most.
They were the dynamo of South America until they started electing prog globalists.
Quote from: Oerdin on December 30, 2023, 10:01:57 PMIt really doesn't matter as BRICS doesn't do anything of substance. It is literally a photo op.
No loss for Argies.
'THE WESTERN WORLD IS IN DANGER': ARGENTINA'S PRESIDENT URGES DAVOS ELITE TO REJECT SOCIALISM — IS THIS THE FIERIEST SPEECH EVER GIVEN AT DAVOS?
"In what is surely one of the most remarkable speeches a political leader has ever delivered to the jet-set conclave of the World Economic Forum, the recently elected arch-libertarian urged the C-suiters "not to surrender" to interventionist governments.
"I would like to leave a message to all businesspeople here: ... do not be intimidated either by the political class or by parasites who live off the state," he told an audience that was half bemused, half bedazzled.
"Do not surrender to a political class that only wants to stay in power and retain its privileges. You are social benefactors, you are heroes. Let no one tell you that your ambition is immoral. If you make money, it is because you offer a better product at a better price.
"He described all state intervention as "harmful," creating "a downward spiral of regulations until we are all poorer, and life for all of us depends on a bureaucrat sitting in a luxury office. . . "The higher the tax burden, the higher the coercion and the lower the freedom."
"Argentina is your staunch, unconditional ally. Long live freedom, dammit!"
Javie Millei delivers Argentina's 1st budget surplus in 12 years:
....interesting.
I wonder how this is affecting Argentina.
I'm guessing the incumbents he threw out aren't too happy.
Quote from: JOE on February 21, 2024, 08:38:07 PMJavie Millei delivers Argentina's 1st budget surplus in 12 years:
....interesting.
I wonder how this is affecting Argentina.
I'm guessing the incumbents he threw out aren't too happy.
How the hell do you think it affects folks when budgets are balanced. Jesus man, this is some shitty trolling.
Quote from: Herman on February 21, 2024, 09:39:29 PMHow the hell do you think it affects folks when budgets are balanced. Jesus man, this is some shitty trolling.
I'm not judging the situation either way there, Herman.
Obviously a lotta heads are gonna roll, bureaucrats will lose their jobs, etc.
There musta been so much corruption that they were stealing all the money and stuffing inta Swiss Accounts or something.
I mean, after this Millei guy gets in, how could Argentina go from these massive deficits to a sudden surplus?
Quote from: JOE on February 22, 2024, 12:59:21 AMI'm not judging the situation either way there, Herman.
Obviously a lotta heads are gonna roll, bureaucrats will lose their jobs, etc.
There musta been so much corruption that they were stealing all the money and stuffing inta Swiss Accounts or something.
I mean, after this Millei guy gets in, how could Argentina go from these massive deficits to a sudden surplus?
You can't even answer your own stupid question.
Quote from: Herman on February 22, 2024, 10:04:01 PMYou can't even answer your own stupid question.
Well to answer yer comment/question there is inevitably gonna be a lotta economic pain when there are budget cuts. The poor people in Argentina are gonna suffer even more.
However I admit maybe Millei has no choice. It's either swallow the pain now or later.
So he choose to do it now and maybe it'll be better for Argentina in the long run.
I kinda think Canada could face that to if the current government keeps overspending like they are now.
Trudeau had his time but I think he's gotta go.
Quote from: Herman on February 22, 2024, 10:04:01 PMYou can't even answer your own stupid question.
That is his pattern of trolling. You just realized that now?
Quote from: DKG on February 23, 2024, 06:48:57 AMThat is his pattern of trolling. You just realized that now?
How am I trolling, DKG?
Quote from: JOE on February 22, 2024, 10:11:22 PMWell to answer yer comment/question there is inevitably gonna be a lotta economic pain when there are budget cuts. The poor people in Argentina are gonna suffer even more.
However I admit maybe Millei has no choice. It's either swallow the pain now or later.
So he choose to do it now and maybe it'll be better for Argentina in the long run.
I kinda think Canada could face that to if the current government keeps overspending like they are now.
Trudeau had his time but I think he's gotta go.
Pain for who? Those woke assholes in unnecessary managerial postions that are living high on the hog at taxpayer expense.
I like what Alberta next door did. Fired all the bosses on their provincial health board. All were making three hundred grand plus and none of them delivered health care on the front lines. All were demanding more money, but no improvement for health care. The pricks are unemployed now. :thumbup2:
Quote from: Herman on February 23, 2024, 10:49:31 PMPain for who? Those woke assholes in unnecessary managerial postions that are living high on the hog at taxpayer expense.
Well, this is what it looks like in Argentina & even Millei himself admitted in this video there will be pain coming:
Again I repeat, maybe these cuts are necessary Herm.
Only time will tell tho.
Quote from: Herman on February 23, 2024, 10:49:31 PMPain for who? Those woke assholes in unnecessary managerial postions that are living high on the hog at taxpayer expense.
I like what Alberta next door did. Fired all the bosses on their provincial health board. All were making three hundred grand plus and none of them delivered health care on the front lines. All were demanding more money, but no improvement for health care. The pricks are unemployed now. :thumbup2:
That is how it works. The US, Canada, and Britain are spending record amounts of money and it is not helping the working class. Health care, education, and infrastructure are all worse under Biden and Trump.
I call it trickle down socialism. Most new government spending is concentrated in very hands. It lowers the standard of living for the middle class with new taxes and more debt. That has been the situation in Argentina too as I understand it. Big government spending has made some people very comfortable and most very poor.
And Millei did not admit his necessary restructuring of the economy would cause pain. A biased video did.
Quote from: Oerdin on December 30, 2023, 10:01:57 PMIt really doesn't matter as BRICS doesn't do anything of substance. It is literally a photo op.
I remember last year the world was waiting for the much publicized & ballyhooed BRICS Currency, but a year later?
https://www.youtube.com/watch?v=IJnpYszYLQA
We're still waiting.
If it's gonna dethrone the USA dollar, they also have another competitor to deal with....Bitcoin. and they have gotten quite a head start over this proposed BRICS currency.
So far, the BRICS currency has just been smoke and mirrors.
Only idiots thought there would be a BRICS currency. India said from the begining it didn't want any currency union, China demanded everyone just adopt its crap currency, Russia demanded it's currency which no one wants, and South Africa suggested gold which no one could afford
None went into an details at all. That is because BRICS is nothing more than a phot of and nothing more. They don't even trade with each other. They literally have never made any meaningful agreement on anything.
Quote from: Oerdin on February 24, 2024, 10:03:37 AMOnly idiots thought there would be a BRICS currency. India said from the begining it didn't want any currency union, China demanded everyone just adopt its crap currency, Russia demanded it's currency which no one wants, and South Africa suggested gold which no one could afford
None went into an details at all. That is because BRICS is nothing more than a phot of and nothing more. They don't even trade with each other. They literally have never made any meaningful agreement on anything.
Those economies are too diverse and too separated from each other to have any real form of economic integration.
They were always just a list of countries recommended to bond investors in the year 2000 for investors who wanted to diversify bond holdings outside of the west. That is it. That was all the American economist who invented the term meant by it.
Quote from: Oerdin on February 24, 2024, 10:03:37 AM..... and South Africa suggested gold which no one could afford
...of those nations, the one to keep on eye on is South Africa.
Rich in minerals such as gold and platinum but not well run nor politically & economically stable.
That's why I think commodities is the place to be for future growth. And if something happens there then the prices could shoot up.
Quote from: JOE on February 24, 2024, 12:33:19 PM...of those nations, the one to keep on eye on is South Africa.
Rich in minerals such as gold and platinum but not well run nor politically & economically stable.
That's why I think commodities is the place to be for future growth. And if something happens there then the prices could shoot up.
LMFAO!!!!
The only thing getting rid of Apartheid did was make the ENTIRE country a shithole! They took that model and exported it world wide.
The three most repeated myths are cutting government spending on pet project hurts working men and women, mass immigration has more pros than cons, and racism is systemic.
Tommy Douglas is no longer in politcs. Government spending today only benefits friends of the government in power. Those are people that need it the least. They take our money and give it to overpaid bosses at the CBC for example.
Real socialist want a growing prosperous blue collar working class. Taking our money and giving it to fat cat civil service bosses, corporate lobbyists for green energy/electric cars, and special political interests does not improve any wage earners life. You know what will? Cutting that spending and letting working people keep their own money.
Quote from: Lokmar on February 24, 2024, 01:48:54 PMLMFAO!!!!
The only thing getting rid of Apartheid did was make the ENTIRE country a shithole! They took that model and exported it world wide.
Yeah but that's besides the point, Lokmar.
No matter how you feel about that country, it still has something like 90% of the world's platinum supply, and a huge chuck of other commodities like gold and diamonds.
It is one of the most mineral rich nations on earth.
And of course if it becomes unhinged or destabilized, I believe prices of key commodities could shoot up.
Have a look:
https://www.madisontrust.com/information-center/visualizations/which-countries-product-most-gold-silver-and-other-precious-metals/
(https://www.madisontrust.com/wp-content/uploads/2023/07/countries-most-precious-metals-5-min.png)
Quote from: JOE on February 24, 2024, 02:30:07 PMYeah but that's besides the point, Lokmar.
No josephine, the point is, its a fucking shithole because they butchered whitey and kicked him out of everything. They have the worlds riches underground but are too fucking corrupt and stupid to turn it into anything.6
And they're doing the same thing everywhere whitey lives now.
Quote from: Oerdin on February 24, 2024, 10:03:37 AMand South Africa suggested gold which no one could afford.
I've read or heard that a Gold standard would not be sustainable. It was the dominant standard a few centuries back but it was abandoned.
Also, when it was dominant, economic instability, panics and economic depressions were prevelant and long lasting too. For example, the USA went through a depression after the Civil War which lasted for 20 years.
(https://fraser.stlouisfed.org/blog/wp-content/uploads/2016/08/historyrhymes_businesscycles-NEW.jpg)
Quote from: Tommy Douglas on February 24, 2024, 02:24:27 PMThe three most repeated myths are cutting government spending on pet project hurts working men and women, mass immigration has more pros than cons, and racism is systemic.
Tommy Douglas is no longer in politcs. Government spending today only benefits friends of the government in power. Those are people that need it the least. They take our money and give it to overpaid bosses at the CBC for example.
Real socialist want a growing prosperous blue collar working class. Taking our money and giving it to fat cat civil service bosses, corporate lobbyists for green energy/electric cars, and special political interests does not improve any wage earners life. You know what will? Cutting that spending and letting working people keep their own money.
Negative reactions to sustainable spending are more obvious back in Canada. When any provincial government said they would hold spending to zero or even cut it one or two percent for one year, the headlines would always include the words draconian. We were promised the sky would fall on health care, public education, wind and solar subsidies and municipal budgets. They never did.
Ottawa and the provinces have a lot of lard in their budgets that would not be noticed by the average Canadian if they were eliminated.
The problem with health care and education, which are both provincial areas of responsibility, is that grossly overpaid boards of people who are not teachers or health care providers determine how the money is spent. They will increase class size or cut overtime for nurses rather than give up their bonuses in years of belt tightening.
In Ottawa, no government has actually cut spending since the first two terms of Jean Chretien. The Harper government only held the line on spending after Canada came out of the global financial meltdown. In both cases, it was provincial transfers that were either cut which forced provincial governments to find efficiencies.
Quote from: JOE on February 24, 2024, 08:18:19 PMI've read or heard that a Gold standard would not be sustainable.
You're an idiot and you managed to find an idiot just like yourself except he made a retarded video. Guess that makes you smarter than him!
It took some time, but the reforms under Javier Millei are paying dividends.
https://www.youtube.com/watch?v=X7d0rJ2VLxk
Quote from: DKG on March 16, 2025, 11:10:27 AMIt took some time, but the reforms under Javier Millei are paying dividends.
https://www.youtube.com/watch?v=X7d0rJ2VLxk
Old Millei went DOGE on steroids.