|
|
|
06.08.26 - 02:06
|
Argentina′s Milei: Ending the Debt State By Holding Politicians Personally Accountable For Fiscal Excess (ZeroHedge)
|
|
|
Argentina's Milei: Ending the Debt State By Holding Politicians Personally Accountable For Fiscal Excess
Submitted by Thomas Kolbe
Only contrast reveals one's own mistakes. Javier Milei is the antithesis of Germany's political class, and the comparison could hardly be starker.
While Germany continues to expand the state, Argentina is slashing subsidies and radically reducing the size of its public bureaucracy. While Berlin piles up enormous amounts of public debt, Buenos Aires is posting a primary budget surplus. Friedrich Merz believes in the healing powers of state intervention, whereas Milei is deregulating markets and paving the way for an investment boom.
Argentina has achieved an economic turnaround while Germany continues its economic decay. Argentina's economy is growing steadily, private-sector employment is expanding, and the poverty rate is falling rapidly.
At a time when Germany is doubling down on debt, the arms industry, and green state planning, Milei appears like a comet d...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03.08.26 - 11:06
|
Milei′s Money Man Shuns Foreign Markets After Failed Bond Binge (Bloomberg)
|
|
|
In his first stint as a top Argentine finance official a decade ago, Luis Caputo tapped foreign bond markets again and again, selling more than $40 billion in total and earning the moniker “serial borrower” from his critics. Nearly three years into his second tour, Caputo, now the top economic aide to President Javier Milei, hasn't sold a single bond overseas....
|
|
|
|
|
|
|
|
|
|
|
02.08.26 - 12:45
|
Argentinien schafft die Schuldenbremse ab – indem es sie verschärft (Tichys Einblick)
|
|
|
Politik folgt einem einfachen Gesetz: Die Wahl gewinnt, wer Wohltaten verspricht. Reichen die Steuereinnahmen nicht dafür, werden die Steuern erhöht. Reichen die erhöhten Steuern nicht, werden Schulden gemacht, die dann morgen zu Steuern werden. Reicht es immer noch nicht, wird Geld gedruckt, bis über die Inflation die Staatsschulden entwertet und die Einkommen der Bürger gesenkt
Der Beitrag Argentinien schafft die Schuldenbremse ab – indem es sie verschärft erschien zuerst auf Tichys Einblick....
|
|
|
|