@henryfudgeofficial: Argentina’s economy explained. Why was Argentina richer than France and Germany in 1913? Why has the Argentine peso collapsed so many times? Why is Javier Milei carrying a chainsaw? And can his economic reforms finally end Argentina’s century-long cycle of inflation, currency crashes and sovereign defaults? The answer is more complicated than either his supporters or his critics usually admit. This is the history of Argentina’s economy—from British capital and the Pampas, through hyperinflation and repeated defaults, to Milei’s biggest gamble yet: stabilising the country by asking its poorest citizens to bear the heaviest adjustment in the hope that this time the cycle finally breaks. Buckle up. This one’s a deep dive. #argentina #javiermilei #economics #macroeconomics #inequality

kekfdx :

As a Brazilian, I applaud Argentina’s speedrun into becoming the first 4th world country.

user399938061703 :

Brilliantly said

Agosto :

living in argentina with milei as president is a nightmare

YT Dr.Jim @cascadingleadership :

"reforms" = stealing from everyone to hand over to the elite.

RodTechHo :

Well...at least they can't blame immigrants for their troubles.

Quinton M :

now do Canada! Similar playbook, different political flag.

Quatroclick :

Elon Musk was trying to do something similar to Milei through DOGE but it didn’t work. In reality the Heritage Foundation and its members are behind this concept. Argentina is the guinea pig

Bluey :

Are you saying an anarcho capitalist will simply allow corporations to run rampant and steal a nation's wealth while the working class languish?!?! Noooooooo never. Who could've saw this coming?

Pista Besenyő :

Love your videos 👍🏻🍺

Nicolas Denari :

I’m Argentinian living in the UK for the last 10 years. I think your analysis is spot on. I like you explanations, congratulations

gabriel719308 :

There are 4 types of countries: first world, third world, Japan and Argentina.

pR pR :

the poverty rate also doesnt take into account that social services have been cut

Kifaya :

Oh wow, a fascist system bankrupting its country.

Daniel Fitzpatrick :

So essentially Milei’s plan is to fully rely on a setup that is fragile as glass?

2Confused :

Its amazing how much debt the UK had to take on to fight fascism while countries like America made enormous profits selling arms to whichever side could pay the most..

nipplelover007 :

Don't mind me :

thank you for being thorough with your analysis and context. Libertarians always give talking points about lowering inflation while disregarding the history and effects of the general people.

shantyXman :

Every rightists answer to a failing economy is soaking the poor and benefiting the rich. We see all over the world and how much it has utterly failed.

essm1_ :

UKs surplus came from stolen indian resources and wealth tbf

Nicky Plaisier :

So basicly another attempt at a trickle down economy? Which has absolutely proven to work everywhere 😂😂😂 #InsertSarcasm

pR pR :

Argentina oil production has improved by like 50% compared to 2020 before Mileil came to power and it improved at a similar rate under him, so it might not actually have anything to do with him, especially since oil production takes way too long to set up for it to be his doing anyways

kalkulatoren :

And Israel is behind him, which is never a good sign

user1745384465340 :

He Is not trying, he Is achieving.

Mr Nawa :

This sounds too familiar to us in Nigeria. The government has withdrawn all subsidies and devalue the current every few years thereby destroying the value of our savings and pensions and still continue to borrow massively to fund recurrent expenditure. Ultimately the ordinary people suffer while the elites take the benefits.