Cristina Fernández warns of a bigger crisis for Argentines; You don’t know about economics: Milei
Afp
The newspaper La Jornada
Sunday, September 8, 2024, p. 21
Buenos Aires., Former Argentine President Cristina Fernández warned yesterday of a lethal combo of recession and indebtedness in Argentina, in a letter on social networks to which the president Javier Milei responded with a provocative invitation to give it a private lesson in economics.
I know that you don’t understand much about economics, as demonstrated by the fact that you surrounded yourself with anumerical illiterates who destroyed the country with their economic shamanism.Milei said on social network X in response to the former ruler.
Previously, Fernández had published a lengthy post on social media X criticizing the current economic situation.
The moderation of inflation, which went from 20.6 percent in January to 4 percent in July, and which Milei and his ineffable Minister of Economy (Luis Caputo) want us to believe that it is a success, it is a true social tragedy as it occurs in the context of a deep economic recession.said the former president, referring to the drop in demand.
Argentina’s GDP plummeted 5.1 percent in the first quarter compared to the same period last year, with declines of more than 30 percent in industrial and construction sectors.
This tragedy is already undeniable. From the rapid increase in unemployment to the more than one million children who go to sleep every night without a plate of foodFernandez stressed.
The Social Debt Observatory of the Catholic University of Argentina estimated that poverty reached 52 percent in the first half of 2024, the highest figure in 20 years.
Television speech
Don’t be so nervous, you’ll like my class.Milei responded on X after Fernández recalled Milei’s past as a television columnist before launching her political career. Talking about economics on television sets or writing plagiarisms about books is one thing. Governing Argentina is quite another. And from the way Argentines live, it is clear that you have no idea.he replied.
As for governing, if the model is yours, I’ll pass. I came to rescue the country and not to sink it, CIAO!insisted the Argentine president.
Oh, Mr. President! You see that I’m right! You just keep confirming what I said: you spend your time fooling around on social media. Get off Twitter (sic) and get to managing the State, because the Argentines are having a very, very bad time.Fernandez retorted.