Argentina’s industry records the second-worst decline worldwide in two years
11h 26m ago by reddthat.com/u/throws_lemy in world from buenosairesherald.com
Argentina recorded the world’s second-worst industrial decline from 2023 to 2025, said a consulting firm that analyzed data from the United Nations.
In the last two years, Argentina’s manufacturing sector fell by 7.9%, surpassed only by Hungary, which fell by 8.2%, said the consultancy Audemus, founded by former Minister of Productive Development Matías Kulfas.
Audeumus analyzed data from 56 out of the 81 countries surveyed by the United Nations Industrial Development Organization.
The direct result of right wing policy everywhere.
I wonder if fucking over the working class is actually bad for productivity...
Just once more bro...
...I promise.
I honestly don't see the connection?
-The 1%
Oh wow, who would have thought cutting all those government services was a fucking terrible idea.
It was so weird how right wing media was praising this dude for his economic policy and trump dick riding. $40billion injection and Argentina is still fucked. Yet these idiots can't see what's clearly evident if you have even a basic understanding of policy and economics.
But I was told milei and his libertarian policies were good! Who would lie about such a thing! /s
Just wait til Trump does another America First move and gives Milei another 40B handout.
Recommended reading The Shock Doctrine: The Rise of Disaster Capitalism
https://en.wikipedia.org/wiki/The_Shock_Doctrine
Better get another reform and eliminate weekends.
How is this possible? didn't they just elect a raging lunatic as President? Who could have thought a President who wields a chainsaw on a stage could have bad policies?!
Does Argentina have a dysfunctional democracy like USA, that causes very few parties to dominate?
Because it seems to me, they either go extreme left, making investors flee, or they go extreme right and destroy everything whether it actually works or not.
Politics that actually serve the population are about compromising the diverse interests of the population, and that is best served by having many parties represent the people, and a government consisting of a coalition of those parties.
This is how the best democracies work like the Scandinavian/Nordic countries, and contrary to for instance USA and UK, that both only have 2 parties where 1 side generally get a majority of mandates for government, sometimes even without having a majority of the votes.