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Moody’s Ratings upgraded Argentina’s credit score
Posted on 7/22/26 at 12:33 pm
Posted on 7/22/26 at 12:33 pm
Bloomberg
@business
Moody’s Ratings upgraded Argentina’s credit score, giving the nation its third sovereign upgrade in less than three months and validating President Javier Milei’s economic overhaul plan
—-
Its amazing what he’s done there. It was just a few short years ago they had inflation over 225%
When countries go socialist they spend the money made by capitalists until it runs out and by then infrastructure goes to shite and people are now helpless to recover. When capitalists take over they fix the problems of socialism and people start to prosper again.
@business
Moody’s Ratings upgraded Argentina’s credit score, giving the nation its third sovereign upgrade in less than three months and validating President Javier Milei’s economic overhaul plan
—-
Its amazing what he’s done there. It was just a few short years ago they had inflation over 225%
When countries go socialist they spend the money made by capitalists until it runs out and by then infrastructure goes to shite and people are now helpless to recover. When capitalists take over they fix the problems of socialism and people start to prosper again.
3
Posted on 7/22/26 at 12:38 pm to OU Guy
Milei's right you know.
Posted on 7/22/26 at 12:40 pm to OU Guy
If we had an honest media, the economic revolution in Argentina would be talked about much more than it is.
Even my ultra liberal, trans sister in law from Argentina has admitted that things are better down there. She doesn't see the light, obviously.
Even my ultra liberal, trans sister in law from Argentina has admitted that things are better down there. She doesn't see the light, obviously.
Posted on 7/22/26 at 12:40 pm to theballguy
quote:
Milei's right you know.
He is but Argentina has very little patience. They do this throughout there history. They will elect a leftist next that will start the printing machine. Love Argentina, but their people and their choices in government suck most the time.
Posted on 7/22/26 at 1:09 pm to aubie101
Hopefully they learned their lesson. It was really bad before and maybe they’ll remember
Posted on 7/22/26 at 2:12 pm to aubie101
quote:
He is but Argentina has very little patience. They do this throughout there history. They will elect a leftist next that will start the printing machine. Love Argentina, but their people and their choices in government suck most the time.
They've never had an absolute unit like Milei. Nobody has.
He started his party less than 6 years ago, and here he is, president of their country and has a huge chunk of their congress already. On top of all of this, believe it or not, it was young people that got him elected. So, future is looking insanely bright for liberty to flourish down there.
The GOAT has shown that libertarian principles not only work amazingly well, but that they are politically viable. What I wouldn't give to have Milei as our president.
This post was edited on 7/22/26 at 2:15 pm
Posted on 7/23/26 at 7:59 am to BamaCoaster
quote:
trans sister in law
What does that even mean?
Your brother is married to a dude correct?Posted on 7/23/26 at 8:30 am to idlewatcher
quote:
Your brother is married to a dude correct?
It’s weird.
Sis of my wife is/was gay. Whatever.
Married nice lady from Argentina. Wedding in New Orleans. Great time.
Three years into marriage, her wife began thinking she is a dude, cut off her small breasts, started taking testosterone, grew an unmanly beard, and bam. Uses the dudes restroom now.
I did marry a chick from Los Angeles.
Shoulda seen it coming.
Posted on 7/23/26 at 9:00 am to OU Guy
I wouldn't call what Argentina had before as socialist. That would entail that Kirchner actually had a plan. She did not. I give Milei a lot of credit . He had a plan and implemented sane policies that will pay off in a few years for the average Argentine.
Kitchener was so inept and corrupt, even the socialists stayed away from her. Peronism is a stupid way to govern....pay off labor and the Estancios with borrowed money so they can do nothing and then default on the loan. Rinse and repeat.
Kitchener was so inept and corrupt, even the socialists stayed away from her. Peronism is a stupid way to govern....pay off labor and the Estancios with borrowed money so they can do nothing and then default on the loan. Rinse and repeat.
Posted on 7/23/26 at 9:24 am to KiwiHead
Regardless what it was called, (shituism might work) it was a disaster and they are currently doing way better. And are allied with USA which is good.
We needed to turn the tide in SA and I’m glad Trump has focused on our part of the world.
We needed to turn the tide in SA and I’m glad Trump has focused on our part of the world.
Posted on 7/23/26 at 9:56 am to OU Guy
Argentina still has a lot of heavy lifting to do. Their industrial base is still wanting. They are heavily dependant on agricultural. But the Peronist model of pay everyone off has been a ticking time bomb for them for years.
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