I just had to share this article from 2017. So many parallels, it’s unreal.
Just swap the name Macri for Milei and this could’ve been written yesterday.
Back then, it was “different this time” too.
I remember it was expensive in those days.
It started coming undone in December that year when the dollar went from 16 to 20. With more big devaluations in 2018 and 2019.
And we all know how this turned out.
Hope the translate link works.
www-bbc-com.translate.goog
Just swap the name Macri for Milei and this could’ve been written yesterday.
Back then, it was “different this time” too.
I remember it was expensive in those days.
It started coming undone in December that year when the dollar went from 16 to 20. With more big devaluations in 2018 and 2019.
And we all know how this turned out.
Hope the translate link works.
Qué es la "bicicleta financiera", un símbolo de la Argentina de Mauricio Macri con el que inversionistas de todo el mundo han ganado millones - BBC News Mundo
Los críticos del gobierno de Mauricio Macri alegan que el sector financiero está haciendo "una fiesta" con su modelo de altas tasas de interés y cambio flotante. Pero el oficialismo dice que no hay tal cosa o que la rentabilidad es mínima. BBC Mundo explica de qué se trata.
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