My understanding is Lula has done fine

My understanding is Lula has done fine
by AquinasDomer (2024-01-18 16:15:10)

In reply to: The regime before him helped perpetuate triple digit posted by krudler

Argentina needs someone like Milei to do shock therapy, but successful development after that has to be more balanced. If you look at the Asian countries that successfully industrialized you see more of a mixed economy.

A lot of the central/south American countries struggle with a landed rentier dynamic. The glaring unearned wealth inequality makes the region dry tinder for a strongman left or right.

Click here for link at https://apnews.com/article/lula-brazil-first-year-economy-di

Replies:

I do a lot of work there, the spending leading to outsized - krudler 2024-01-18 16:57:49
- Bolsonaro and Milei are different characters as well - AquinasDomer 2024-01-18 17:15:05
  - Agreed. I think Milei is serious about his plans for - krudler 2024-01-18 20:08:21