Oh, undoubtedly
by ravenium (2024-01-18 16:06:59)

In reply to: Plenty of human degradation has been caused  posted by krudler


I am not defending planned economies by any stretch of the imagination. Whether it's Mao or Castro, they have resulted in mass starvation and little to no improvement. Venezuela hung their hat on oil and is paying the consequences.

My contention is that cruelty is not the province of a political ideology - cruelty is cruelty. I am no fan of communism, dictatorships, or otherwise, but I don't think the right or left have a monopoly on terror.

I am not "rooting" for anyone's downfall - I hope the best for Argentina and I defer to BI's historical knowledge of the region. Given that markets are based on spirit animals and optimism, I am not surprised they are going up "anything" is better than the mismanagement they had previously.

I merely find Milei to be a showman, and I have a severe distrust of populism, but as you said, time will tell.


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