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[-] VILenin@hexbear.net 69 points 6 months ago

I used to have money troubles but today I decided to cut food and rent out of my budget, looks like I’ll be living the high life with this incredible newfound surplus!

[-] Bakzik@hexbear.net 51 points 6 months ago* (last edited 6 months ago)

He wants to cut the free university education now (defund to closing).

This was yesterday response, from the teachers, the uni professors, the students, the PRIVATE UNIVERSITY students (most of their professors studied in the free universities), high school students, families who want to send their kids to the uni, workers, syndicalists, etc:

And this was all over the country: https://www.elobservador.com.uy/nota/las-imagenes-que-va-dejando-la-marcha-federal-universitaria-a-favor-de-la-universidad-publica-en-argentina-2024423165657

Even most of the far right news, lot's of their anchors studied in the free Uni, are saying that this is a very bad move.

Another nail in the coffin ancaptain

[-] RNAi@hexbear.net 20 points 6 months ago

Even fucking TN said "hmm, the speech from FUA was timid"

[-] Bakzik@hexbear.net 18 points 6 months ago

Even Feinmann was on the side of the universities.

Cuando Feinmann te corre por izquierda...

che-smile

[-] RNAi@hexbear.net 12 points 6 months ago* (last edited 6 months ago)

I mean, Feinman is probably to the left of most blonde hegemonic ladies from Córdoba, more so if they come from fucking Franja Morada, and even more so if they have a fancy first name and TWO surnames.

[-] jackmarxist@hexbear.net 18 points 6 months ago

I too am aiming to cut rent out of my budget mao-wave

[-] Nakoichi@hexbear.net 17 points 6 months ago

For about 3 weeks.

[-] Beaver@hexbear.net 49 points 6 months ago* (last edited 6 months ago)

Nice, now they have a big pile of money, instead of useless stuff such as government services.

[-] CarbonScored@hexbear.net 48 points 6 months ago

annual inflation stands at 290 percent year-on-year, poverty levels have reached 60 percent and wage-earners have lost a fifth of their purchasing power.

and a near 500-percent increase in energy costs

"At the rate at which they are funding us, we can only function between two and three more months," University of Buenos Aires (UBA) rector Ricardo Gelpi said.

Turns out the economy isn't quite as simple as "If the state does not spend more than it collects and does not issue, there is no inflation. This is not magic,"

[-] FuckyWucky@hexbear.net 35 points 6 months ago* (last edited 6 months ago)

Sucking money out of households.

This kind of surplus isn't sustainable, it'll reduce future tax income because of the economy shrinking. So the only way to force a future surplus is with even more austerity.

And spending can only be cut so much before people revolt.

[-] Gosplan14_the_Third@hexbear.net 16 points 6 months ago

This kind of surplus isn't sustainable, it'll reduce future tax income because of the economy shrinking. So the only way to force a future surplus is with even more austerity.

That's intentional, and seen by Milei as a good thing, just as it was for the libs of 90s Eastern Europe... and Thatcher and the like. Make the state dysfunctional to encourage the market to do it instead. It increases the profit rate for a few years (assuming people who rebel are beaten down, often literally) before market mechanisms mean the need to repeat the process.

The cruelty is the point, as is said here a lot. I predict a lot more Mileis coming to the west unless the proletariat finds itself wanting to act against the bourgeois state, capital, wage labor, etc. once again, instead of finding less unpleasant forms of capitalism.

[-] idkmybffjoeysteel@hexbear.net 11 points 6 months ago

This is basically how publicly traded companies get their return on capital and earnings per share up.

[-] D61@hexbear.net 33 points 6 months ago

Hey... I can have a budget surplus to if I stop paying my electric bill every month.

[-] SpiderFarmer@hexbear.net 32 points 6 months ago

Damn, and all he had to do was skyrocket unemployment rates.

[-] Nakoichi@hexbear.net 28 points 6 months ago

geee wonder what happened in 2008?

[-] idkmybffjoeysteel@hexbear.net 26 points 6 months ago

wtf even is a deficit like just print more money

[-] footfaults@hexbear.net 4 points 6 months ago

They're busy dollarizing their economy.

[-] EstraDoll@hexbear.net 25 points 6 months ago

SIGMA GRINDSET:

REPLACE "GROCERY BILLS" WITH STRIPPING THE COPPER OUT OF YOUR WALLS FOR SCRAP MONEY

[-] 2Password2Remember@hexbear.net 13 points 6 months ago

hey if you can steal the copper out of your landlord's walls and still get your security deposit back then go for it

Death to America

[-] rio@hexbear.net 22 points 6 months ago

Poverty rate: 60%

[-] Ram_The_Manparts@hexbear.net 21 points 6 months ago

It's a-me, Milei-o

this post was submitted on 24 Apr 2024
57 points (100.0% liked)

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