Yes, cutting a bloated government and making it easy for businesses to start usually does that. Argentina was especially bad here. Maybe they didn't need a maniac, but economy is a field of study. Its not capitalist, socialist, republic or democrat.
What Argentina was doing before was a South American special. Crony government hiring nothing but supporters, price controlling everything and doing little to stimulate the actual economy. I don't recommend "anarcho captalism" or whatever the fck he's doing, but its better than what was being done before.
Don't let so called "socialist's" tank your economies. You need a robust economy to actually implement social programs, ideally through the closed loop of tax revenue, not with magic money printing. More Norway, less Venezuela.
Interesting how Cuba manages to implement social programs like free healthcare and education and guaranteed housing despite the crippling sanctions, proving that you don't actually need a strong economy to support your population.
Cuba is not supporting its population. If they were, an increasingly large number of Cubans would not be attempting to depart Cuba.
The Cuban economy was built around provision of cheap supplies from the USSR, like oil. It has been 35 years and it still has not managed to replace those cheap supplies. What was bad is rapidly becoming catastrophic.
Do you think maybe it has something to do with the crippling blockade that is imposed on a tiny island nation by the world hegemon?
Of course they cannot develop all modern necessities in house and the blockade limits the amount of stuff they import.
Still, they provide world class healthcare, education and housing to all their citizens which are the basic necessities of life, their life expectancy and literacy rate are better than the US and their healthcare system is more effective.
So Cubans are receiving world class healthcare, education, and housing, and also departing their country in greater numbers than ever. Got it chief lol.
Cuban migrants to America are different from other migrants groups, especially in earlier waves, in that they mainly were upper to middle class bussiness owners or professionals. It makes sense that people in this class would flee the country when the government doesn't cow to their interests like they do in the US. This is an important distinction, because while it doesn't negate your argument, it does add context that differentiates Cuban immigration.
Do you.. do you think blockade is literally just plopping some ships around Cuba's ports and literally blockading it physically? Also did you even try to google it?
There's literally a wikipedia page for it as one of the first results. You could just, I dunno man, read? Here you go.
Learn to use the English language. An embargo is not a blockade. If you can’t call it what it is, you’re either stupid or your intention is to mislead.
I gave you the definition of a blockade, does that apply to US policy towards Cuba currently?
Why the fuck should the US dictate who gets to rule Cuba?
It's the classic "Communism/socialism doesn't work" while doing everything they can to make sure communist or socialist countries have as few chances of success as possible.
As a reminder, the illegal blockade is put to a vote every single year in the UN and only the US and its genocidal client state vote to maintain the blockade.
Because they can and they have the power, too. I swear redditors are 10 years old that don't have a grasp of reality. You ask most Cubans I guarantee they want their government to take the terms, they're not exactly a bastion of morality and good leadership when they let thier own people starve or have no power for days on end because they like the money they can Sidon from thier government
It prevents any company trading with Cuba from having offices in the US and any ship that docks in Cuba from docking in the US for 6 months, meaning they have to pick between trading with Cuba and the richest country in the world.
Even if I worked with retarded children, I don't think I'd ever come across with this level of stupidity during my whole life.
If there were a prize for being dumb, you'd take the first, second and third place at the same time.
Either you are being lied and shielded from the truth or, worst of all, you know what's happening in Cuba and deny it and still believe the lies that the dictatorship in Cuba is killing it's won population by abandoning it live in trash.
There was one particular measure that showed poverty as improving, but all the other ones more regularly used did not show this. And inequality has never been shown to be improving.
I don't disagree, but you still need to implement an economic system that works. So many just become some kind of crony winner takes all slide to instability.
I put "socialism" in quotes for a reason. It was meant to imply some sort of crony populism. No Socialism is important, but many socialists have magic thinking when it comes to the economy. I prefer* a capitalism surrounded by socialism, akin to your country or Norway's.
Arguable Finland is a better example, because it hasn't been so fortuanant with its natural resource endowment. Neither work in comparison to much larger nations, but are great economic models.
*I just think money has proven to be the best motivator for productivity. Hopefully we can change this behavior in the long run, but our species needs to be a little more enlightened for that.
Finland is not a "mix of socialism and capitalism", Finland is a liberal capitalist state with all that comes with it. It's not an economy that works any differently from any other capitalist one, it's got all the same mechanics and relationships of production. Real socialists, ones who study Marx and other critics of political economy, don't have "magic thinking" and don't think that you can somehow mix oil with water to make a socialist capitalism. I recommend studying Marxism.
Millei promised intense short term pain in exchange for righting the ship by following mostly economic convention (aka cut spending, liberalize markets). The unknowns are whether or not he and the Argentine government have the political will and competence to properly implement policy.
Argentina’s economy kicked off the year with solid growth, posting a 6.5% year-on-year expansion in January 2025, according to the Monthly Economic Activity Estimator (EMAE) recently published by INDEC.
This figure far exceeded initial market expectations of 4.7% growth, supporting a clear recovery trend and marking the strongest increase since May 2022.
Among the most dynamic sectors, financial services stood out, with a notable 25.7% increase, up significantly from 16.9% in December.
This boost reflects a healthy recovery in domestic credit and stronger financial intermediation—key drivers of household consumption.
Likewise, key sectors such as construction, which rebounded from a 7.2% contraction in December to a positive 1.9% growth, and utilities, which accelerated to 6.6% from 2.8%, underscore stronger infrastructure investment and the gradual recovery of domestic demand.
However, not all sectors are following this positive trend. Fishing, along with hotels and restaurants, remains weak, suggesting that the economic recovery remains uneven and continues to face structural imbalances that could persist in the coming quarters.
Meanwhile, Argentina’s current account balance saw a major turnaround in Q4 2024, reaching a surplus of USD 1.03 billion. This result stands in sharp contrast to the USD 2.67 billion deficit recorded in the same period the previous year, signaling a clear improvement in the country’s external accounts.
The recovery of the surplus was mainly driven by a significant positive balance in goods, which rose to USD 4.88 billion, thanks to an increase in export volumes. However, the persistent deficit in services, which widened to USD 1.61 billion, partially offsets the positive trade impact on the overall figures.
This more favorable economic backdrop opens a window of opportunity for Argentina, especially considering the possibility of reaching a renewed agreement with the International Monetary Fund (IMF). A potential deal could bring greater economic and financial stability and create favorable conditions for long-delayed structural reforms.
In summary, recent data show encouraging signs in Argentina’s economy, though major challenges remain. Solid economic growth, improvement in the external sector, and the potential stabilization linked to an IMF deal shape an optimistic yet cautious outlook. It will be crucial to monitor how lagging sectors evolve and whether the current positive momentum can be sustained and expanded through the rest of the year.
We've found 15 sources (so far) that are covering this story including:
Bloomberg (Leans Left): "Argentina’s Economy Grew More Than Expected in January"
Clarin (Leans Right): "The economy grew 6.5% in January, according to the INDEC"
So far, there hasn't been any coverage from the CENTER.
Of all the sources reporting on this story, 67% are right-leaning, 33% are left-leaning, and 0% are in the center. Read the full coverage analysis and compare how 15+ sources from across the political spectrum are covering this story.
I’m a bot. Read here to learn how it works or message us with any feedback so we can improve the bot for you.
giboauja@reddit
Yes, cutting a bloated government and making it easy for businesses to start usually does that. Argentina was especially bad here. Maybe they didn't need a maniac, but economy is a field of study. Its not capitalist, socialist, republic or democrat.
What Argentina was doing before was a South American special. Crony government hiring nothing but supporters, price controlling everything and doing little to stimulate the actual economy. I don't recommend "anarcho captalism" or whatever the fck he's doing, but its better than what was being done before.
Don't let so called "socialist's" tank your economies. You need a robust economy to actually implement social programs, ideally through the closed loop of tax revenue, not with magic money printing. More Norway, less Venezuela.
photochadsupremacist@reddit
Interesting how Cuba manages to implement social programs like free healthcare and education and guaranteed housing despite the crippling sanctions, proving that you don't actually need a strong economy to support your population.
ManWithWhip@reddit
How is this ridiculous thing getting so many upvotes?
Old_Wallaby_7461@reddit
Cuba is not supporting its population. If they were, an increasingly large number of Cubans would not be attempting to depart Cuba.
The Cuban economy was built around provision of cheap supplies from the USSR, like oil. It has been 35 years and it still has not managed to replace those cheap supplies. What was bad is rapidly becoming catastrophic.
photochadsupremacist@reddit
Do you think maybe it has something to do with the crippling blockade that is imposed on a tiny island nation by the world hegemon?
Of course they cannot develop all modern necessities in house and the blockade limits the amount of stuff they import.
Still, they provide world class healthcare, education and housing to all their citizens which are the basic necessities of life, their life expectancy and literacy rate are better than the US and their healthcare system is more effective.
Mrdirtbiker140@reddit
So Cubans are receiving world class healthcare, education, and housing, and also departing their country in greater numbers than ever. Got it chief lol.
Rufus_king11@reddit
Cuban migrants to America are different from other migrants groups, especially in earlier waves, in that they mainly were upper to middle class bussiness owners or professionals. It makes sense that people in this class would flee the country when the government doesn't cow to their interests like they do in the US. This is an important distinction, because while it doesn't negate your argument, it does add context that differentiates Cuban immigration.
Valnir123@reddit
People are literally making makeshift rafts to escape lmao
Mrdirtbiker140@reddit
The bourgeoisie to these folks are literally family farmers with nothing else than their land lol.
Acrobatic-Event2721@reddit
You don’t know what you’re talking about. There is no blockade.
Lootinforbooty@reddit
There is no war in Ba Sing Se
Acrobatic-Event2721@reddit
Prove this is US action toward Cuba.
Lootinforbooty@reddit
Do you.. do you think blockade is literally just plopping some ships around Cuba's ports and literally blockading it physically? Also did you even try to google it?
There's literally a wikipedia page for it as one of the first results. You could just, I dunno man, read? Here you go.
Acrobatic-Event2721@reddit
Learn to use the English language. An embargo is not a blockade. If you can’t call it what it is, you’re either stupid or your intention is to mislead.
I gave you the definition of a blockade, does that apply to US policy towards Cuba currently?
ThiccMangoMon@reddit
They could've ended the blocksid bit the Cuban government would rather hold onto thier power than agree to US terms
photochadsupremacist@reddit
Why the fuck should the US dictate who gets to rule Cuba?
It's the classic "Communism/socialism doesn't work" while doing everything they can to make sure communist or socialist countries have as few chances of success as possible.
As a reminder, the illegal blockade is put to a vote every single year in the UN and only the US and its genocidal client state vote to maintain the blockade.
ThiccMangoMon@reddit
Because they can and they have the power, too. I swear redditors are 10 years old that don't have a grasp of reality. You ask most Cubans I guarantee they want their government to take the terms, they're not exactly a bastion of morality and good leadership when they let thier own people starve or have no power for days on end because they like the money they can Sidon from thier government
InfernalBiryani@reddit
Tell me you’re an imperialist without telling me you’re an imperialist
Old_Wallaby_7461@reddit
No. Cuba can trade with every other country in the world.
photochadsupremacist@reddit
It prevents any company trading with Cuba from having offices in the US and any ship that docks in Cuba from docking in the US for 6 months, meaning they have to pick between trading with Cuba and the richest country in the world.
YourFuture2000@reddit
Have you seen how much Germans, Irish and others have leaved their countries?
Old_Wallaby_7461@reddit
The potato famine was also a catastrophe, yes
YourFuture2000@reddit
I am talking nowadays.
Strawbuddy@reddit
We callously plunder their natural reserves of phenomenal baseball players every year it seems
vaiperu@reddit
Basically the arguments are : https://y.yarn.co/4f968b3c-c822-4237-896f-b030b95f6423_text.gif
Dreadedvegas@reddit
Cuba experienced rolling blackouts all last year and the entire grid collapsed a few times.
Thats not supporting the population.
Romagnolo_@reddit
Jesus Fckng Christ!
Even if I worked with retarded children, I don't think I'd ever come across with this level of stupidity during my whole life.
If there were a prize for being dumb, you'd take the first, second and third place at the same time.
Either you are being lied and shielded from the truth or, worst of all, you know what's happening in Cuba and deny it and still believe the lies that the dictatorship in Cuba is killing it's won population by abandoning it live in trash.
MasterDefibrillator@reddit
No mention of the poverty and inequality metrics in this article, which have been getting worse.
Reapper97@reddit
On the contrary, those two metrics are improving pretty fast.
MasterDefibrillator@reddit
There was one particular measure that showed poverty as improving, but all the other ones more regularly used did not show this. And inequality has never been shown to be improving.
That's my limited understanding.
Heisenburgo@reddit
Under Milei those two metrics literally fell to levels lower than what the previous criminal government left, but go on I guess.
vaiperu@reddit
But what about the poor shareholders ???!!! /s
times_a_changing@reddit
There's no such thing as apolitical, scientific economics that guarantees an economy good for people.
giboauja@reddit
I don't disagree, but you still need to implement an economic system that works. So many just become some kind of crony winner takes all slide to instability.
times_a_changing@reddit
Let me guess, socialism is evil because it stampedes on individual liberties so capitalism is just the best we can do?
giboauja@reddit
I put "socialism" in quotes for a reason. It was meant to imply some sort of crony populism. No Socialism is important, but many socialists have magic thinking when it comes to the economy. I prefer* a capitalism surrounded by socialism, akin to your country or Norway's.
Arguable Finland is a better example, because it hasn't been so fortuanant with its natural resource endowment. Neither work in comparison to much larger nations, but are great economic models.
*I just think money has proven to be the best motivator for productivity. Hopefully we can change this behavior in the long run, but our species needs to be a little more enlightened for that.
times_a_changing@reddit
Finland is not a "mix of socialism and capitalism", Finland is a liberal capitalist state with all that comes with it. It's not an economy that works any differently from any other capitalist one, it's got all the same mechanics and relationships of production. Real socialists, ones who study Marx and other critics of political economy, don't have "magic thinking" and don't think that you can somehow mix oil with water to make a socialist capitalism. I recommend studying Marxism.
Gomeria@reddit
He's actually not doing much.
He might be an anarcho capitalist but his goverment is mild right
giant_shitting_ass@reddit
This is completely expected.
Millei promised intense short term pain in exchange for righting the ship by following mostly economic convention (aka cut spending, liberalize markets). The unknowns are whether or not he and the Argentine government have the political will and competence to properly implement policy.
YourFuture2000@reddit
The unknow is how sustainable/stable is the argentine growth. It is mich easier to promote growth when a country dump themselves to heavy debts.
empleadoEstatalBot@reddit
Maintainer | Creator | Source Code
Summoning /u/CoverageAnalysisBot
coverageanalysisbot@reddit
Hi empleadoEstatalBot,
We've found 15 sources (so far) that are covering this story including:
Bloomberg (Leans Left): "Argentina’s Economy Grew More Than Expected in January"
Clarin (Leans Right): "The economy grew 6.5% in January, according to the INDEC"
So far, there hasn't been any coverage from the CENTER.
Of all the sources reporting on this story, 67% are right-leaning, 33% are left-leaning, and 0% are in the center. Read the full coverage analysis and compare how 15+ sources from across the political spectrum are covering this story.
I’m a bot. Read here to learn how it works or message us with any feedback so we can improve the bot for you.
Sorry_no_change@reddit
Good bot!