MilHojas
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What is the minimum wage: 1)on December 20? 2) Now?
What is the minimum wage: 1)on December 20? 2) Now?
What is the minimum wage: 1)on December 20? 2) Now?
A sign of a healthy economy is employment . Since Milei has come into power hundreds of thousands of Jobs have been lost and this is intesifying as the country is in full depression mode now . With no money invested in public works provinces public services it seems that the whole system is being destroyed in the quest of privatizing everything . Small businesses are the most affected with their costs skyhigh and their earnings at record lows . All over the city of Buenos Aires there are many empty shops and restaurants are working very reduced hours . They have at most one year to last and we will see 30 percent go under Many people are applauding that there is a budget surplus that looks good on paper but the reality is vastly different on the ground . Its like that the head of the house has a budget surplus at the end of the month but his family is suffering from lack of food and medicines which are denied due to no hay plata .Resignation? Like what to do even, who to call? Cristina is well remembered, massa isn't even in consideration, things are too complicated for the crowd to demand something...
In many countries streets would be burning on 20 of December already, not in Argentina. Instead people try to get by, some burning savings, some going to crime, most lowering their spending habits. All are waiting for things to get better as promised even if many don't believe they will. But what to do anyway? Run milei out of office is a hard and ugly work, and there is nothing and noone to turn to. And by now Argentines are a bit used to turbulent times, and expect it'll turn to better as it happened always in the past. I guess most find this the best way at the moment.
It might result in some turbulent times soon, depending on near future.
Domestic entrepreneurship is almost non existent since It was not worth it. Argentine products had no global competitiveness thanks to the currency policies. FDI stayed away from Argentina as well. Got huge potential to become a global player and yes we need time. Rome wasn’t built in a day!Could Argentina become a global economic powerhouse again by implementing Milei’s proposed free-market reforms? Yes it can! Reducing government intervention, lowering taxes, and dismantling protectionist policies of the past will stimulate economic growth. Give him time. His focus on deregulation will attract more foreign investment and help boost domestic entrepreneurship, jobs and peoples incomes. By addressing inflation and fiscal deficits through stringent monetary policies, he will eventually stabilise the economy. Rome wasn’t built in a day. Additionally, his plans to improve infrastructure and education will enhance productivity and workforce competitiveness. With these strategies will rejuvenate Argentina's economy and can restore its position on the global stage. Of course this journey is not pain free but neither have the past decades either been pain free. Vamos Argentina y tengan confianza y fe. Juntos podemos
This is temporary and an unfortunate pain to bear as part of the change to better times. You can blame the Ks and Alberto’s policies for this. Better times are coming.A sign of a healthy economy is employment . Since Milei has come into power hundreds of thousands of Jobs have been lost and this is intesifying as the country is in full depression mode now . With no money invested in public works provinces public services it seems that the whole system is being destroyed in the quest of privatizing everything . Small businesses are the most affected with their costs skyhigh and their earnings at record lows . All over the city of Buenos Aires there are many empty shops and restaurants are working very reduced hours . They have at most one year to last and we will see 30 percent go under Many people are applauding that there is a budget surplus that looks good on paper but the reality is vastly different on the ground . Its like that the head of the house has a budget surplus at the end of the month but his family is suffering from lack of food and medicines which are denied due to no hay plata .
Great Musicman. Can you please in laymans terms the economic plans of Milei that will improve the lives of argentinians and create employment .This is temporary and an unfortunate pain to bear as part of the change to better times. You can blame the Ks and Alberto’s policies for this. Better times are coming.
The age old existential crisis of Argentina and Argenomics.The annual inflation rate in Taiwan is currently 1.95% because its government relies on taxes and fees to pay its bills rather than by printing money. Argentina's rampant inflation is caused by its government printing money to pay its bills.
Argentina will bring down inflation in relation to how much it manages to live within its means rather than living above its means by printing money.
Taming inflation doesn't mean prosperity though. Taming inflation only creates economic stability. Prosperity is created by producing goods and services others want. For example, Taiwan's prosperity is created by its semiconductor and its other hitech industries creating products other countries need and want. Otherwise it would be a poor nation with low inflation.
(above quote edited for brevity)Deregulation and privatization will boost efficiency and job creation. ... in addition trade liberalisation will open up larger markets for businesses, enhancing job opportunities. Overall, these measures will create more jobs and improve living standards for the working classes.