my country's economy is about to collapse.
I fucking hate capitalism.
what bothers me is that this is like the 4th time this has happened in my country.
the working class has never risen.
it's so frustrating.
My country's economy is about to collapse
Blake Clark
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Christian Jenkins
it depends on the conditions, how spooked and wagecucked are the argentine people?
Nathan Bell
all the way.
Justin Bailey
This is what you guys get for voting for neoliberals. Didn't the five presidents in one year teach anything?
Liam Cruz
Maybe you can occupy those defenseless islands to the east to boost the will and morale of the people
Jose Foster
Best post
Adam Rivera
Macri es un hijo de puta.
Bentley Ortiz
this is literally all latin america mate
Daniel Baker
They rose in Cuba, Chile, Nicaragua, and Venezuela though. But I get what you mean.
Adrian Morales
If your internet gets shut down and you do rebel against capitalism, remember this; do NOT stop at nationalizing one industry. A planned, national economy CANNOT function while private property exists in ANY form.
Be the next big thing in communist politics, user.
Jace Parker
Why is it happening tho? Can we discuss it from the marxian economics point of view? Mainstream economists charlatans say it's some sort of "contagion" (lol) from Turkey, that can spread to other developing countries. Or that increasing interest rates in the US makes Argentinian bonds less attractive (yeah, like 2 times less attractive). That can't be the whole picture
Thomas Wright
Marxist point of view would start way back at around the 1960's when the postwar boom of the capitalist economies began to crumble. Everything afterwards has been a band aid to the problem of declining profitablity which has resulted in stagnant wages in the first world, increasing poverty in the third world, staggering levels of inequality, and a world economy powered by fictitious commodities AKA financial speculation.
Now that central banks are forced to increase interest rates after lowering them to offset the financial meltdown of 2008, they are forced to increase interest rates or else they will face hyperinflation. This has led to "emerging markets" being unable to pay off the increasing interest in the cheap debt they collected which is causing a currency crisis that is rapidly spreading throughout the world.
However, shit will really hit the fan once a major first world country goes through a debt crisis and I believe it will be Italy.
Isaiah Johnson
At this point it's harder to find things that aren't going tits up in the global economy.
Logan Morris
Nigga it's like the 8th
Isaiah Cruz
QUICK FIND A WAY TO BLAME SOCIALISM
John Walker
Xavier Thompson
What was the dirty war about then?
Elijah Cook
A military dictatorship purging anyone to the left of Reagan
Parker Gray
Huezilian anons always do. Sometimes it seems they are even more classcucked than Americans
Luke Gutierrez
At least we're not VUVUZELA, amiright fellow argentinians?
Isaac Robinson
At least we whiter am i rite famsquad? Uptop
Joseph Turner
I-it wasn't real capitalism!
Kevin Bennett
are you retarded mate?
Justin Powell
youtube.com
Based Michael Hudson talking about another neoliberal collapse of Argentina
Jose Collins
Chase Fisher
lmao
Brayden Turner
Last time Argentina was ruled by a succ dem he was literally a Hitlerboo who paved the way for Argentina to be ruled by outright CIA dick-riding fascists…
Gavin Sanders
...
Brandon Martinez
Oh, I assumed you were talking about politicians who actually had the power to stand up to the bankers raping Argentina, carry on…
Luis Cook
Literally the first thing Macaroni did when he got into power was to lift the capital controls and agree to pay the bankers back all their money
Adam Gray
Pretty hot take fam, here in Brazil that sentiment is never taken towards Vargas, who straight up deported Jews. Historians actually say he managed to Stall the military from taking power by 20 years or so.
Matthew Long
Levi James
Haha, yes! 😂 #woke
Kayden Bell
t.charlie kirk.
Samuel Mitchell
How about you actually take part in the fucking Revolution then. As Lenin said,
Oh, I can understand how you, the people of Russia, having been suppressed so long, should want, now that you have won to power, to talk and to listen to orators. But some day, soon, you – we all – must go to work and do things, act, produce results – food and socialism. And I can understand how you like and trust and put your hope in Kerensky. You want to give him time, a chance, to act. He means well, you say. He means socialism. But I warn you he will not make socialism. He may think socialism, he may mean socialism. But, comrades – I tell you Kerensky is an intellectual: he cannot act; he can talk; he cannot act. But you will not believe this yet. You will take time to give him time, and meanwhile, like Kerensky, you will not work. Very well, take your time. But when the hour strikes, when you are ready to go back yourselves to work and you want a government that will go to work and not only think socialism and talk socialism and mean socialism – when you want a government that will do socialism, then – come to the Bolsheviki."
Ryder Gomez
The funniest thing about this being that most of these emerging economies that took loans from institutions like the IMF have by this point paid the principle several times over and are just paying off accrued interest that only got worse post-2008
Joseph Thomas
Robert Morales
dont you have a central bank tho?
Mason Watson
It keeps getting worse, Macri is now openly admitting that Argentina is facing a big crisis.