Friday

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4 comments to Friday

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    Argentina’s First Budget Surplus in 123 Years –

    “Argentina has posted its first budget surplus in 123 after President Javir Milei took office and demanded an abrupt halt to government spending. Governments worldwide should carefully take note.

    Milei proudly announced:

    “The deficit was the root of all our evils — without it, there’s no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past.”

    Economic emissions should become a coined phrase as it is far more harmful than anything government is currently trying.”

    https://www.armstrongeconomics.com/world-news/monetary-reform/argentinas-first-budget-surplus-in-123-years/?utm_source=Newsletter&utm_medium=Email&utm_campaign=RSS

    And they are going to go Nuclear. Australia, please note.

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    Annie

    I’ve just seen the latest Johannes Leak cartoon in The Australian. It’s totally brilliant and utterly hilarious. I’m sorry, can’t link on here. Maybe some cleverer person can.

    00

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