Argentina's economic woes are because of the cult of peronism
Ignore the massive natural wealth of Argentina or the history of populist strongmen - it's all the US' fault.
The US (and other western countries) dictate the price of raw material exports, and drain countries like Argentina of the best talent. They dictate freight rates. To the extent western capital is willing to invest in the country, it is to build roads/rails that take raw materials from the countryside to the ports in Buenos Aires so that a small class of bourgeois vendidos can sell out the nation's national wealth like a fire sale.
Macri is beloved by western media because he's willing to let the IMF and Federal Reserve dictate social policy in Argentina. Slash pensions, crush labor power, etc. My family voted for him and now my grandma needs us to send more dollars over so she can afford to live. Lot of parallels IMO to people on public assistance voting for Trump in the US. There were other solutions possible besides austerity.
What solutions? How does one fix a hyperinflated country without painful reforms?
Millei made it clear that pre-election that his tenure was going to bring painful reforms. He was realistic, unlike the incumbent Peronists who had no plan.
The us doesn’t drain Argentina of their best talent, Argentina kicks them out with their shitty economy and policies, I know that’s why I left.
Yes, western capital is super evil for investing in infrastructure to move resources. It’s better for the country resources to be laying within the ground making no one money.
There was no other way out since the K printed all the money to finance their madness.
Keep resisting with aguante though, that will work out.
> Macri is beloved by western media because he's willing to let the IMF and Federal Reserve dictate social policy in Argentina
If you think western news outlets have any affinity for austerity or the IMF, then you're watching fox news or something because most American news media is inclined to support a left wing strong man