this post was submitted on 17 Aug 2023
83 points (96.6% liked)
World News
31475 readers
1092 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Felt like people aren’t talking about the IMF forcing austerity on Argentina
If people (Americans) actually understood how capitalism and wealth extraction worked, they’d be discommoded.
Outstanding diction, good sir.
The girls never complain ;) /s
People talk about it endlessly. And the rest of the time they talk about the IMF being too lenient (see Javier Milei). At the end of the day, Argentina’s problems are of its own making.
IMF didn't force anything. Argentina needed money and money comes with strings attached in terms of economic reforms.
The thing is, for example, IMF recommend not to pursue the construction of gasoduct that will allow Argentina to sell LNG wich would provide dollars needed to pay such debt. How can that be?