Socialism and the Damage Done

[ElQueso]

The big boys are also staying out because they know that even if Milei has some good reforms, Argentina is still a banana republic of sorts. These kukas aren't going to go down without a fight before the next elections.

Already you are seeing terrorists on the left trying to sabotage pipe lines. A friend sent me this. The police stopped them before they could blow up the EZE gas pipeline near the airport. They exchanged gunfire with the terrorists and no surprise they got above. The big boys are going to stay out until they see that they have less risk. We are far from that now.

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I wonder if those hand grenades are real. With this government you don't know if they staged this to just be able to act more aggressively with protestors. It's part of the problem of Argentina. You don't know what is real or fake.

 

[Content Provider]

For those of you with a soft spot for socialism, Kirchner, Kiciloff and the like, this is the kind of long term damage that socialism will do to a country. The US President is telling major oil companies "we're in control, the oil is bubbling to the surface, go get it" and the oil companies are saying "no way". The reason is that operations like natural resource extraction and distribution require enormous amounts of upfront capital and you need to know that your ability to recoup it all is protected by law, not just now but decades into the future. Like Argentina, Venezuela has outright seized assets and the population has deep socialist leanings and keeps electing people like Kiciloff. So nobody trusts them. Chile and Argentina share many of the same natural resource deposits yet only one of them is benefitting from it. The long term damage to Argentina's economy from this sort of mindset and behavior is mind-boggling when you think of foreign investment, jobs (real ones), exports (bringing in dollars), tax revenues etc.

Socialism is like heroin, feels so good until it feels so bad.

Dude, spare me the bullshit econ lecture from your couch in whatever safe capitalist bubble you're hiding in. Argentina's Vaca Muerta is gushing oil like crazy, billions pouring in from exports even with the populist drama—meanwhile the US is on its knees begging Exxon to drill while they frack rivers to sh*t and pretend climate change is fake news. Chile? Copper kings sitting on piles of cash while the poor smash windows over crumbs. Your "socialism is heroin" line? Laughable. Neoliberal wet dreams wrecked Greece, tanked Kansas farms with debt— that's the real junkie high. I'm an expat down here slurping café con leche, dodging black markets that actually work, and you're yapping about "mind-boggling damage"? F**k off with that. Grab some maté and wake up.