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Argentina’s austerity measures spark debate
Among its measures was a legal change that allowed the sport clubs to convert to public limited companies, with private investors and the ability to list shares on the stock market.
In other words, the move paved the way for the clubs — and popular football groups, in particular — to shift from a nonprofit model to a profit-driven structure, if they chose to do so.
But the pushback was swift. Big-name clubs like Boca Juniors and its rival River Plate released statements, pledging to remain nonprofits despite the decree.
Still, the leaders of Argentina’s sport clubs warn that the austerity measures could have as devastating an impact on their survival as the push for privatisation.
Under President Milei, the worst economic crisis in decades puts Argentine ingenuity to the test
“I haven’t had a job for a year, it’s now my sole income,” said Alejandra, who declined to give her last name for fear of reprisals from neighbors. Every four or five patrons, she puts on gloves and empties her bucket into the trash.
Milei Scrapped price controls how is that good?
Milei scrapped hundreds of price controls. He slashed subsidies for electricity, fuel and transportation, causing prices to skyrocket in a country that already had one of the world’s highest inflation rates.
You'd pick Maduro over Milei???
Obviously when you switch from a massive socialistic government to a limited government, you're going to have lots of initial pain.
I'm confused by your post. This isn't rocket science for any advocate of free markets.
Maduro is a borderline communist. You know that's bad ... right? Last time I checked Venezuela ranks as the second least free country next to North Korea.
The only question I have about Milei is whether he's really going to shrink government and it looks like so far he is.
I can't answer for him, but you need to consider that we've changed so much, that markets just aren't going to be free anymore.
There is a tiny group that has all the money. It's not freedom. So, the laissez-faire, it played out. It's over. Without something to protect
the public's interest, the public stake, the assets of the people, the nation, then it's just feeding time for the oligarchs unless they are held off.
"When Sombart says: "Capitalism is born from the money-loan", I should like to add to this: Capitalism actually exists only in the money-loan;" - Theodor Fritsch
Last edited by Occam's Banana; 07-31-2024 at 09:27 PM.
Last edited by WarriorLiberty; 07-31-2024 at 09:51 PM.
Chavez and Maduro messed up Venezuela, and Venezuela under them has been our enemy, doing things like sending their violent prisoners to enter the US as part of the illegal invasion.
I wish we would not meddle at all, but I'm not overly concerned about Trump's actions.
Never attempt to teach a pig to sing; it wastes your time and annoys the pig.
Robert Heinlein
Give a man an inch and right away he thinks he's a ruler
Groucho Marx
I love mankind…it’s people I can’t stand.
Linus, from the Peanuts comic
You cannot have liberty without morality and morality without faith
Alexis de Torqueville
Those who fail to learn from the past are condemned to repeat it.
Those who learn from the past are condemned to watch everybody else repeat it
A Zero Hedge comment
Never attempt to teach a pig to sing; it wastes your time and annoys the pig.
Robert Heinlein
Give a man an inch and right away he thinks he's a ruler
Groucho Marx
I love mankind…it’s people I can’t stand.
Linus, from the Peanuts comic
You cannot have liberty without morality and morality without faith
Alexis de Torqueville
Those who fail to learn from the past are condemned to repeat it.
Those who learn from the past are condemned to watch everybody else repeat it
A Zero Hedge comment
Never attempt to teach a pig to sing; it wastes your time and annoys the pig.
Robert Heinlein
Give a man an inch and right away he thinks he's a ruler
Groucho Marx
I love mankind…it’s people I can’t stand.
Linus, from the Peanuts comic
You cannot have liberty without morality and morality without faith
Alexis de Torqueville
Those who fail to learn from the past are condemned to repeat it.
Those who learn from the past are condemned to watch everybody else repeat it
A Zero Hedge comment
Whatever happened to Mexico sending their prisoners or Criminals?sending their violent prisoners to enter the US as part of the illegal invasion
Never mind the sanctions that your "Anti War" Trump imposed on Venezuelan people causing a massive impact on its economy.Chavez and Maduro messed up Venezuela
Trump sanctions hurting Venezuela
Last edited by WarriorLiberty; 08-01-2024 at 06:45 PM.
Oh, so now you want to compare Ron's historical free market with what we have now? I guess then Ron never had a reason to advocate for change. I'll go throw my copies of End the Fed and the Revolution in the trash, since it's all good now.
Then you can ponder the irony of supporting regime change via sanctions and covert action in other countries, another beautiful mark of our present country, and ignore Ron's staunch opposition to any of that.
Last edited by Snowball; 08-01-2024 at 01:05 PM.
"When Sombart says: "Capitalism is born from the money-loan", I should like to add to this: Capitalism actually exists only in the money-loan;" - Theodor Fritsch
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"A politician will do almost anything to keep their job, even become a patriot" - Hearst
__________________________________________________ ________________
"A politician will do almost anything to keep their job, even become a patriot" - Hearst
__________________________________________________ ________________
"A politician will do almost anything to keep their job, even become a patriot" - Hearst
__________________________________________________ ________________
"A politician will do almost anything to keep their job, even become a patriot" - Hearst
By the way.
Ron Paul has always been a advocate agaisnt Coups, Regime Change, Color Revolutions.
The US govt wants the Oil for themselves because they dont want Russia nor China, Iran/India to have the Oil.Or are you against that too? After all it's the "people's oil", right?
Which i will add it is the biggest supply of Oil Reserves in Latin America next to Arabia, Russia.
Someone wants the Oil Resources in Venezuela..
https://x.com/spectatorindex/status/1819162548035272798
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