Australia's largest stock trading and investment forum Australia's #1 stock forum

It looks like Milei has failed, Argentina will collapse and sink further!!, page-6

First 6 Last

Share
Profile

Follow
DavoMagic

18,803 Posts.

59

31/12/24

14:57

Post #: 77229504
Share

Originally posted by kingpins: ↑

CNN report

Investors have also cheered the changes in Argentina: Its flagship Merval stock index, which tracks around two dozen of the country’s most valuable listed companies, has soared almost 140% this year.
But the budget cuts have come at a cost to ordinary Argentines. The poverty rate has jumped above 50% from an already high level, the economy, the third largest in Latin America, has slid even deeper into recession and unemployment is on the rise.

There will always be winners and losers in any dramatic change and it is always the poorer sections of the community who suffer first
But the richer NEED to feel and be better first so they can supply the jobs and conditions for the poor to prosper, so time will tell, but overall the reports are that he is doing well so far

Expand

lol, fake explanation if I ever seen one, and stokes entitlement and an elite
1 Upvote

Reply

Top Stories

AFP

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

EMC

Everest Metals dips as company clocks low gold grades at Taipan, WA

HZN

Crickets as Horizon Oil unveils new project picked up in Thailand

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

PSC

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

First 6 Last

SPONSORED BY