this post was submitted on 21 Dec 2023
17 points (94.7% liked)

World News

38548 readers
2011 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 8 months ago (1 children)

Why is Argentina so depending on Chinese swap money?

[–] [email protected] 1 points 8 months ago

Because two governments ago the corrupt PRO party took 50 billion in loans from the IMF and many more billions from private lenders. They took the ratio of debt-to-GDP from 29.8% of the GDP to 68.1% of GDP. All while simultaneously killing the manufacturing industry and leaving the economy in recession. By the time their term was over and the new government took office (Dec 2019) COVID hit.