Why would you lend money to Argentina? They will never pay it back, and if they did try they would destroy their economy
Fetz- on
Is there any hope Argentina is going to pay that back any time soon?
kchoze on
Argentina… DROP THE FUCKING PEG!
The one market reform that Milei will absolutely not even entertain, the one thing that kills Argentina again and again, its attempt at trying to peg its currency to the US dollar.
No_Mercy_4_Potatoes on
IMF will need to repo Argentina to get the money back 😂
rhymnocerus1 on
The problem with libertarianism, is that at some point you run out of other people’s money
tegresaomos on
So all the oligarchs, just to get that crazy POS in office, are willing to bankroll his broken government so much that it will cause the IMF to fold when they go bankrupt.
Truly amazing stuff. Can’t wait to see it all go up in smoke.
gord89 on
Tom Cruise is gonna come for that money.
intertubeluber on
I thought r/dataisbeautiful had rules against political bullshit. Look at all these dumb fucking comments. Â _this is libertarianism._ and _this is socialism!_.Â
There could be some interesting political discourse, but for whatever reason, there’s no room for nuance or even having a basic grasp on the history or context on Reddit. Therefore, a political ban is really the only solution. Looks like the politics rule only applies to posts, not comments. Â
fodafoda on
I am honestly surprised that the most stable period was the Covid years.
ampren7a on
How does a country even need to borrow that much?
Fuddleton on
The old adage is there are 4 types of economies: developed, developing, Japan and Argentina.
Argentina should be successful based on resources on paper, yet it falls into perpetual debt it can’t grow out of.
its_aom on
So Milei just made his people poorer without cause
vulcanxnoob on
Egypt needs to sell one or two pyramids to pay that back… Sheesh
haribobosses on
IMF:
Right winger? Bail them out.Â
Left winger? Demand austerity.Â
Boundish91 on
Why would IMF lend out that much?
Just_Tailor_9261 on
Never. Trust. The Argies.
– Margaret Thatcher
mydadisbald_ on
So i’m guessing that ‘all government bad’ tactic of Milei is not working out too good?
IcEm4n_96_Ar on
Coronaaaados de gloriaaaaaa vivaaaaaaaaaaaaaaaaaaaaaaaaaamossss
Code_Monster on
Bro Argentina is going to get chopped and sold like its the second scramble for Africa.
22 Comments
Data source: [https://data.imf.org/en/datasets/IMF.FAD:FM](https://data.imf.org/en/datasets/IMF.FAD:FM)
Tools used: Matplotlib
[deleted]
Anarcho capitalism is going well huh?
Why would you lend money to Argentina? They will never pay it back, and if they did try they would destroy their economy
Is there any hope Argentina is going to pay that back any time soon?
Argentina… DROP THE FUCKING PEG!
The one market reform that Milei will absolutely not even entertain, the one thing that kills Argentina again and again, its attempt at trying to peg its currency to the US dollar.
IMF will need to repo Argentina to get the money back 😂
The problem with libertarianism, is that at some point you run out of other people’s money
So all the oligarchs, just to get that crazy POS in office, are willing to bankroll his broken government so much that it will cause the IMF to fold when they go bankrupt.
Truly amazing stuff. Can’t wait to see it all go up in smoke.
Tom Cruise is gonna come for that money.
I thought r/dataisbeautiful had rules against political bullshit. Look at all these dumb fucking comments. Â _this is libertarianism._ and _this is socialism!_.Â
There could be some interesting political discourse, but for whatever reason, there’s no room for nuance or even having a basic grasp on the history or context on Reddit. Therefore, a political ban is really the only solution. Looks like the politics rule only applies to posts, not comments. Â
I am honestly surprised that the most stable period was the Covid years.
How does a country even need to borrow that much?
The old adage is there are 4 types of economies: developed, developing, Japan and Argentina.
Argentina should be successful based on resources on paper, yet it falls into perpetual debt it can’t grow out of.
So Milei just made his people poorer without cause
Egypt needs to sell one or two pyramids to pay that back… Sheesh
IMF:
Right winger? Bail them out.Â
Left winger? Demand austerity.Â
Why would IMF lend out that much?
Never. Trust. The Argies.
– Margaret Thatcher
So i’m guessing that ‘all government bad’ tactic of Milei is not working out too good?
Coronaaaados de gloriaaaaaa vivaaaaaaaaaaaaaaaaaaaaaaaaaamossss
Bro Argentina is going to get chopped and sold like its the second scramble for Africa.