
Macro N Cheese
Ep 282 - Argentina For Sale with Daniel Kostzer
Jun 22, 2024
Chief Economist of ITUC Daniel Kostzer and host Steve delve into Argentina's economic challenges under President Milei. They explore factors driving inflation, the IMF's role, and the historical economic models of Argentina. The discussion highlights the resilience of Argentine society amidst ongoing economic struggles.
01:04:41
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Quick takeaways
- President Javier Milei's economic reform bill in Argentina sparks protests due to austerity and privatization measures.
- IMF loans in Argentina exacerbate dependency on foreign markets, favoring private investors over the general population.
Deep dives
Discussion on Economic Shock Therapy in Argentina
Argentina faces upheaval after President Javier Millet's economic reform bill imposes sweeping austerity, privatization, and labor rights cuts, leading to protests and unrest. Opposition Senator Martin Lusstoe criticizes the bill for favoring big corporations over pensioners.
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