Why Argentina's Economy Keeps COLLAPSING Again and Again

[Finance Prof]

I watched this a few days ago on Youtube. Someone just posted it in another thread. Very good watch. Doubt things will ever really turn around here.

 

[ElQueso]

Thank you for posting this. I will watch it asap.

I subscribe to this channel but have not seen this yet. Milei's numbers are sharping quickly. All the scams are too many. Austerity only works for so long. You can't be stealing from struggling people and expect them to support you.

 

[Don W]

Peso is overvalued. Even if the US bails out the peso this doesn't fix things. Just seems like the US is delaying the inevitable.

 

[Piranha]

Peso is overvalued. Even if the US bails out the peso this doesn't fix things. Just seems like the US is delaying the inevitable.

Agree about it delaying the eventual day of reckoning.

 

[Wally]

Have not watched this. Wolff is far to the left. Will have to see what he says before I comment on the video but the guy is far to the left.

 

[MikeYoung]

Have not watched this. Wolff is far to the left. Will have to see what he says before I comment on the video but the guy is far to the left.

Not just to the left he is a socialist. Will watch the video but doubt he would be anything pro Milei with his socialist stances.

 

[Finance Prof]

Not just to the left he is a socialist. Will watch the video but doubt he would be anything pro Milei with his socialist stances.

He might be but listen to what he is saying. Many of the reasons he is talking about the downfall of Milei are correct.
And of course the currency crises of the peso.

 

[LongIslander]

Just watched it. He is right about inefficient local industries, corrupt government and rigged system. I don't know who this guy is. He might be a socialist but he makes good points. State is too corrupt just like he says. Core problems are not fixed. The video was good and he mentioned several of Milei's successes. Milei did a lot of right. But he has done a lot wrong too.

 

[Betsy Ross]

You have to remember Milei inherited a complete mess.

 

[James Bond]

Just watched it. He is right about inefficient local industries, corrupt government and rigged system. I don't know who this guy is. He might be a socialist but he makes good points. State is too corrupt just like he says. Core problems are not fixed. The video was good and he mentioned several of Milei's successes. Milei did a lot of right. But he has done a lot wrong too.

My girlfriend who is Argentine and I left Buenos Aires for Spain and don't regret it at all. Much better stability and quality of life. Just watched the video and he is correct about the brain drain that has left Argentina. Life was too unstable. He is correct there is almost no trust with anyone in the country especially politicians.

Looking forward to seeing how the elections turn out sunday. Wonder what the peso will be by the end of the year.

 

[Esposas]

Not just to the left he is a socialist. Will watch the video but doubt he would be anything pro Milei with his socialist stances.

He might be a socialist but I listened to the entire video and it seemed to be accurate to me. Whatever persona views he has on socialism it seems like it didn't cloud his assessment on summarizing what is happening and why Milei is failing.