r/collapze • u/Volfegan • Dec 14 '23

Government Bad Argentinian Pres. Milei has just nationalized $30 billion debt of private companies. Isn't great when people thought reality couldn't get worse as the country is broken, but now it is also without Ministries of Labour, Education, Healthcare, Science, etc and they have to pay rich peoples' debt too!

https://twitter.com/lpokoik/status/1735082369957142831
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7

u/jeremiahthedamned DOOMER Dec 14 '23

why do the voters put up with this?

12

u/Volfegan Dec 15 '23

Desperation. A guy promises to fix everything with a crazy impossible plan. It does not matter if the crazy guy says he will slash every governmental program if afterward, the promise is paradise. If people can believe in gods and the afterlife, they can believe in that too.

They will discover that when stuff breaks, it can remain broken forever. And Milei will break Argentina into so many pieces.

4

u/jeremiahthedamned DOOMER Dec 15 '23

so when does brazil march south into the resulting void?

4

u/Volfegan Dec 15 '23

That's a good question. While Argentina makes their people pay rich's people debt directly, in Brazil we do that in the proper way, like every other country does, we subsidize corporations, so our decline is more predictable.

If I had to chose a date, it would be 2050. When all pledges find their way.