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Not without: 1. drastically reducing taxes, so businesses are willing to declare their income and the government collects more taxes 2. reducing the level of government spending to the level of tax collection No the economy won't improve in the coming 4 years, whoever is elected.

Alberto Fernández apparently was good at it when he was head of INDEC

Saying Macri had options and Massa doesn't seems to be a bit unfair to Macri. Here is some background story to the IMF loan Macri took: https://www.washingtonpost.com/news/business/wp/2016/03/29/how-one-hedge-fund-made-2-billion-from-argentinas-economic-collapse/ Before Macri took office...

He is an Uruguayan now, he couldn't take it anymore in Argentina...

I am not going to quote your whole post. Yes, Europe has exploited in the past most of Latin America, the Spanish and Portuguese were not interested in making a colony wealthy, they were interested in exploitation. Yet, Argentina did not have much to offer for exploitation and Argentina became...

Argentina would have been paradise if Macri had not been elected... The high inflation and debt started before Macri and was masterminded by Nestor and Cristina and their team. They were masters in spending more than they could. Argentina was in a death spiral in 2015, people were fed up with...

In my interaction with Argentines I have found that wages or purchases usually have an official part and an unofficial part and typically Argentines choose how much they want to make official and how much they earn under the table. On the official earnings, they pay the full taxes. The digital...

The government having full control over something no one uses, great! (except those who receive subsidies, but then it would be better to just stop handing out subsidies instead of giving people digital pesos that are worthless).

How will Argentina block transactions, will they e.g. buy 60 000 000+ Ethers to control a majority of the decision power on the Ethereum blockchain? This would definitely drive up the price of Ether and even if Argentina had 100 000 000 000+ USD to spare, maybe there are other priorities...

The left in South America has never fully understood: https://www.elysee.fr/en/french-presidency/the-declaration-of-the-rights-of-man-and-of-the-citizen Sadly, the left in Europe is also becoming more populist. I would not call the left in South America idealist, it is more about feeding off...

I'd prefer Milei any time above Panqueque. Milei is too extreme, but he will not get absolute power, he will not be able to push everything through, but at least he says what he stands for and moving Argentina a bit in his direction will be an improvement. Having Panqueque as president will...

I once started looking into satoshitango.com, but gave up the process because I kept using cash instead of switching to stablecoins in the end. I cannot tell if they work how you would want them to, but you could take a look at them.

my ranking: 1. candidates with intelligent arguments: Javier Milei/Juan Schiaretti 2. smooth talker with no solutions: Sergio Massa 3. only capable of shouting: Patricia Bulrich 4. frustrated anti-capitalist: Myriam Bregman

For who missed the news, there are ambitious plans to expand Colonia and convert it into the Silicon Valley of the Rio de la Plata. They want to convert Colonia to a smart city based on blockchain technologies. Construction already began and the project is lead by YPF. More info at...

The lack of credit makes you wonder how banks earn money in Argentina. In Argentina banks take your money and earn interest by depositing it at the central bank. This way, the central bank has more funds and the government can spend more, it has all been "cleverly" engineered.

I do not share the optimism about the future of Argentina, though I would certainly wish it. Argentina can only progress if 3 moderate governments are elected in a row that do things that make common sense. This is the time required to build trust and the minimum time required before a "lluvia...

I do not see the comparison. I pay less for my mortgage than Argentina to the IMF... As far as I know Argentina is still bigger than Twitter. Sorry for replying to an old thread, I only realized after posting.

I meant 5000 pesos per USD...

12.4% inflation per month means because of compound interest rates more than 300% inflation per year. Things won't improve in the short term. 5000 USD per peso in 1 year time if things go well? Not having high denomination notes in circulation will complicate things further.

Massa does not have an ideology. He is there, because he wants to be in power. Such people are dangerous as well. He will do what is best for him, not what is best for the country.