Argentina elected a right wing populist who did exactly what think Canada should do.
That resulted in a $40 billion bailout loan needed from the IMF and another $40 billion bailout from trump.
Here's the thing, larue.
I can post examples of places that have done what you and show you that its failed every time.
I can also post examples of places like Denmark that have succeeded doing what I think we should do.
All you can do is bluster, because you know what you prescribe has failed every single time its been tried.
here is the thing
both Argentina and Canada got into trouble by following loonie left ideology with massive big government , over-regulation and by ignoring the need for private sector investment and productivity improvements
fortunately Canada has a small window of opportunity to right the ship , so if we act soon, only a coupe of generations of our youth will suffer the loonie lefts impacts on their now dismal future
Argentina has been a financial basket case for decades
you can not fix the structural problems that they have overnight
AI Overview
Argentina has defaulted on its sovereign debt nine times since its independence in 1816. These defaults include the major ones in 2001, 2014, and 2020.
1816–present: Argentina has defaulted on its international sovereign debt nine times since gaining independence.
2001: The country defaulted on over $132 billion in federal sovereign debt, which was the world's largest default at the time.
2014: A default occurred after Argentina failed to pay a court-ordered sum to a small group of creditors, impacting its ability to repay other bondholders.
2020: Argentina defaulted for the third time in two decades, after failing to make payments on its international sovereign bonds.
yet you blame their financial woes on Javier Milei who was elected in 2023
ie a bankrupt couple blaming their bankrupt trustee for taking away their credit cards
why do you do this ?
because you stupidly think left wing rhetoric is a substitute for facts, truth , common sense and logic
in addition to being a know nothing about science, you obviously failed high school economics as well