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by friend_Fernando
524 days ago
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A 53% poverty rate is economic suicide.[1] Scrambling for food is not economic activity, it's idleness and ruination. Incidentally, this conversation parallels the one that would follow mass deportations. People complaining of the crashing economy, and the fans of racial cleansing claimimg that it had to be done and that it's a good thing in the long run. This is exactly the point I was making. [1] https://www.theguardian.com/world/2024/sep/27/poverty-rate-a... |
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Advocating for the massive inflation that Argentina had and is now improving is economic suicide. Inflation makes it impossible for average people to save and build wealth. That is economic suicide.