The Argentine peso plunged Monday after a 52-year-old anti-establishment candidate who admires former President Donald Trump came first in primary elections that will help determine the country’s next president.
I know I am preaching to the choir, but this guy will only make things worse in my opinion, and yet I do think Argentinians need to see what a “disruptive” president will do to the country, in order to maybe think about moderation again, just like Brazil did.
Don’t get me wrong, I am Brazilian, and as such I am very aware of polarization and populism (PSDB and PT anyone?). God knows we have had our share of it over the past 30 years. But the two “disruptive” presidents we had (Collor and Bolsonaro) were both corrupt imbeciles, who managed to make things a lot worse, a lot faster than the others. But sometimes people need to learn the hard way.
The question is: will Argentina, and specially the Kirchners, be able to control themselves when they inevitably return to power, after yet another failed attempt to tie Argentina’s economy to the dollar? Just remember that this is, I think, the third time in about 30 years Argentina has tried that, and it always fails.
I know I am preaching to the choir, but this guy will only make things worse in my opinion, and yet I do think Argentinians need to see what a “disruptive” president will do to the country, in order to maybe think about moderation again, just like Brazil did.
Don’t get me wrong, I am Brazilian, and as such I am very aware of polarization and populism (PSDB and PT anyone?). God knows we have had our share of it over the past 30 years. But the two “disruptive” presidents we had (Collor and Bolsonaro) were both corrupt imbeciles, who managed to make things a lot worse, a lot faster than the others. But sometimes people need to learn the hard way.
The question is: will Argentina, and specially the Kirchners, be able to control themselves when they inevitably return to power, after yet another failed attempt to tie Argentina’s economy to the dollar? Just remember that this is, I think, the third time in about 30 years Argentina has tried that, and it always fails.
You and I know that this will not happen. Everyone has their hand way too deep into everyone’s pockets to try and do the “correct” thing.
Nowadays, I’d settle for less corrupt, and even that is becoming harder by the minute…