Sunday, December 15, 2024

Tag: Economic Revolution in Argentina: A Wake-Up Call for America’s Fiscal Future

Economic Revolution in Argentina: A Wake-Up Call for America’s Fiscal Future

by Vance Ginn, Activist Post:

Argentina’s new self-described “anarcho-capitalist” President, Javier Milei, is raising eyebrows worldwide with his aggressive attempts to restore the nation’s abysmal economy. On December 20, he signed a decree to remove many government regulations stifling international trade and domestic activity.

With Argentina’s poverty rate soaring to 40.1 percent in early 2023 and its debt burden owed to the International Monetary Fund (IMF) now $45 billion along with its other mountains of debt, the time is now for a no-nonsense pro-growth approach that gets the government out of the way.