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Cake day: July 8th, 2023

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  • In contrast to this (only 2 years to fix the inflation issues. The inflation that has been around since 2002~). He also mentioned in his first speech that the country would take 35 years to go back as a world power if everything goes well. (Source 13:25/15:31)

    I do not think this will happen (hope I’m wrong), knowing the country’s recent history, but I don’t disagree with the time. This stuff is very long term and needs many years of success to happen.

    Many people in Argentina think that all the stuff can be fixed in just 2 or 3 years. But truth is, it can improve, but will need lot more than that to reach a “world power” / “first world country” level.

    On the other hand, the level of corruption is so high, that by just reducing it, it would make wonders.


  • I just hope that in the long term the country can finally liberate the people who are currently economically dependent on the state. So they can find their own economic path, no matter who is ruling.

    They always give you money in Argentina. For exchange of a future vote, of course. But nobody really cares about giving you a way out where you are in charge and capable of finding and getting your own work and opportunities.

    And the inflation, as always, eats the lowest class first, the one that has less opportunities to find a new job. And less capable of saving money. Remember that. The very high inflation is indirectly murdering people.





  • Milei probably has a small resemblance with DT. Maybe just a small percentage, but that is enough to call him a Full DT by the press in the rest of world. It is just cheap press.

    The guy has a lot of cons and pros. But he is not a DT. He is mainly an economist. Not a businessman.

    Argentina as always is a sinking ship with a lot of holes. Every year there are more holes. They still have not found a party that can close those holes. And there were only 3 big parties.

    Perhaps a new party (like the one from Milei) manages to start closing some of those holes. Perhaps they keep opening holes like the current party. Even if you put the best party ever made, it would take 15-30 years maybe more to recover. You have a lot of adults that never worked (legally) and live from the state. It takes time to educate the new generations letting them know that money is not always a free thing that comes without working. (And you cannot tell them “now you have to find a job” in the short term otherwise the country will go violent. Therefore no matter how far right the party is. It always end up adapting to a situation to control the masses that requires socialism).

    Time will tell about what will happen if the same party (probably was the worst government in the past 30 years) wins the election. But nowadays the country is at worst since I was born. 40% poverty (oficial, real is perhaps higher ), 100+% annual inflation (not even the old 20-30% annual). It is probable that the current government will never leave and will stay on power just like it happens in many other countries, like Venezuela. (While it is still a totally different country, we always compare to Venezuela because the current party always liked Venezuela as a role model to follow).

    I hope not! But with 40+% poverty… soon there will not be enough tax payers to cover the costs but maybe hyperinflation puts a stop to the excess of public spending (printing ARS money) to solve any problem.







  • In Spain it is also yearly. In general the annual salary is divided in 14 payments, unless you ask to have it divided by 12, depends on the employer, so it makes sense.

    The income tax is also annual based. So depending how much you earned during the fiscal year you have a different tax rate. (And part of the income tax rate is dependent on the “state” but they are all more or less similar).