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Old 05-02-2024, 07:23 AM
 
1,001 posts, read 886,242 times
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Quote:
Originally Posted by Luis Antonio View Post
Brazil and Argentina seem to be in reverse synchronization. A right-wing government is succeeded by a leftist/populist government. Now it's our turn to be the far right with Javier Milei and Brazil the populism of Lula. Consequently, we are always at odds with each other, since our governments do not coincide except in very short intervals of time. I hope this synchronization is broken, because going back on populism and undoing everything Milei is doing would be suicidal.
Bolsonaro is not exactly like Milei.
Bolsonaro is far right only in conservative ways, in the economy he didn't have much of an agenda. Basically he tried to follow the requests of the Brazilian business class, but he even blocked some neoliberal reforms that his economy minister, who is a ''Chicago boy'', tried to implement.

Lula and his party (PT) are center left with a Keynesian economic orientation, they do not really resemble the Argentine Peronists.
Brazil really needed and still needs major investment in human capital, education, public health, social security and the creation of a basic social welfare state.
In Brazil, there are no subsidies that Peronism introduced for everything in Argentina, such as water, electricity, gasoline, public transport, food... in Brazil all of this costs market prices, even with the government charging high taxes in them.
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Old Today, 11:02 AM
 
Location: Taos NM
5,367 posts, read 5,156,769 times
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I don't know what's been going on, but the Argentinian stock market is ROARING ever since Milei took office. I've made a pretty good profit betting on ARGT! If the stock market is indeed a future indicator, then things are looking up.
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