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RE: LeoThread 2025-01-24 09:32

in LeoFinance8 months ago

Part 4/9:

Despite the encouraging financial results, the austerity measures introduced by Milei have met with public backlash. Cuts in government spending mean that many citizens are feeling the crunch, especially considering that over half of the population is living in poverty. The effective balancing of books comes at the cost of public welfare, raising concerns about the sustainability of such austerity measures and how long the population will tolerate them without visible improvements in their living standards.

Currency Devaluation and Its Effects