Argentina passes bill loosening protection of its glaciers
Posted by soalone34@reddit | anime_titties | View on Reddit | 18 comments
Posted by soalone34@reddit | anime_titties | View on Reddit | 18 comments
Beat_Saber_Music@reddit
The only one to blame for Javier is decades of Peronist politicians and a systematically inept economy they created. The fact that Javier's policies resulted in reduced poverty speaks of how awful peronist policy ended up becoming for Argentina simply, because surprisingly an economy with double or triple digit inflation isn't functional or sustainable.
There is genuine support for Milei, because the prior decades of the alternative merely meant their paychecks lost all their value constantly to inflation, while now the inflation is at record lows. We saw what happened with single digit inflation in the US and Biden's approval ratings
Irr3sponsibl3@reddit
I’m not opposed to Milei on principle. I don’t wish for him to fail. I agree that previous Peronist administrations overspent and devalued the currency. Milei’s lowering of inflation can be considered an achievement, but it comes at the cost of austerity measures that have recessive effects on the economy and rises in poverty. Similar effects have been seen with previous budget cuts, many of which were made as preconditions for IMF loans, which were severe enough to cause reforms to fail. It’s not clear how long-term the positive effects Milei’s cuts will last, as we’re seeing the same destabilizing social effects.
The other main difference between Milei and his predecessors is deregulation and removal of environmental protections for extractive industries. The majority of investments Milei has attracted to Argentina have been from businesses looking to extract natural resources. This might lead to a foundation for future development in industry and high tech or it could lead to private foreign interests strip-mining the country and pulling the wealth out into offshore bank accounts. We’ve seen both happen. Usually a successful country spends money to develop infrastructure and training programs for skilled labor.
Revlar@reddit
Inflation in Argentina is in the top 5 globally. Milei's policies do not work to reduce inflation to functional levels, demonstrably.
Beat_Saber_Music@reddit
Doesn't change the fact the past decades of Peronist economic policy haven't worked for Argentina either. Said policies led to 200% inflation that Milei has brought down to more reasonable double digits by comparison.
That's not to speak of the fact Argentina wasn't running a deficit for the first time in who knows how long, because Argentina's economy has been sustained by unsustainable debt and imf bailouts, and any alternative to Milei would've had to make cuts too.
Revlar@reddit
Argentina is not running a deficit on paper because its economy is not being sustained at all now. Record number of bankruptcies and absurd levels of corruption
Zathura26@reddit
...so...you are clearly not living in Argentina. The newspapers in favour of the government are the ones reporting less poverty. While every human rights organization is saying that the number of homeless people have skyrocketed. We have less inflation...at the cost of the lowest salary in 25 years. There are companies that withstood the dictatorship, the 2001, 2008, Covid, but that are now collapsing under this regime. The only ones who are benefiting are the political class, which have been found guilty of levels of corruption that are ridiculous even for Argentina. So, please, shut your mouth, and don't speak of things you know nothing about.
JLZ13@reddit
In practice yes, it surely will lead to less protection of glaciers.
But the whole point of the law is to give the power to the provinces.
Which are the owners of their resources by constitution.
A province can be more protective of glaciers, or not, but it's their decision.
Irr3sponsibl3@reddit
Rich c*nts and the politicians they buy act like there's a second earth they can teleport to once this one's completely destroyed. Most likely because they're old and don't care what happens to the earth after they die.
notislant@reddit
Theres some dystopian comedy portrayed as a documentary (global warming).
'I knew I had to do something, so I hollowed out a mountain to live in.'
"Don't people say thats selfish?"
'Dunno, soundproof.'
BendicantMias@reddit
There kinda is tho. It's called New Zealand and Iceland aka the places that seemingly best survive every fictional catastrophe and so where those rich cunts always buy up land in to live in walled off mansions.
I still remember what a pain it was to take down Iceland in Plague Inc. lol.
ThePromise110@reddit
Nah, it's priced in, bro. They'll make advanced enough tech to save themselves, and that's good enough. The rest of us can bake in our oven planet. /s
GovernmentOpening254@reddit
Definitely the second part. But maybe when their actions start hurting their pocketbooks they’ll finally start to care.
debasing_the_coinage@reddit
Protecting glaciers by restricting mining is like supporting cancer patients by giving them blankets and soup. Yeah, that's nice. Milei bad. I agree. Please inform the crazy libertarian that I am blowing raspberries at him. His mother was a hamster and his father smelt of elderberries.
But look, this is about solar panels, windmills, nuclear reactors, batteries, and can we please look harder at pumped hydro? Like yeah it's not the most ecologically friendly thing ever but it's not supply constrained like batteries right now and it's a potential drop-in replacement for gas.
xx31315@reddit
Most of Argentinian cooper mineral deposits are in the Andes, so it is about loosening protections for the mountain environment... and the rivers that flow from there, and the lands that take water from those rivers, as well as redefining the rules for foreign acquisition of river rights and frontier lands, among other things. The law being called “Glaciers Law” doesn't mean it refers only to glaciers...
Hefty-Rope2253@reddit
Face it guys, we're gonna do the whole post apocalyptic desert world thing. Its happening. We're going Mad Max.
Altruistic-Car2880@reddit
Trump and Co. paid bigly to help Javier MileIi get elected president of Argentina and establish the business rules for his administration. MAGA Mega donor oil man Harold Hamm purchased the rights to massive gas reserves off the coast of Argentina.
Irr3sponsibl3@reddit
It was actually Argentinean businessmen who provided the private funds for his presidential campaign. Direct involvement from Trump took place after the election, probably due encouragement by private individuals in the United States and the Chabad Lubavitch network both are close to (Milei moreso).
TimeIntern957@reddit
Well, that is nowhere near the glaciers.