In an article published today, the former head of State analyzed the complex situation of this country nine months after the start of the administration of La Libertad Avanza and insisted on the need to address the problem of a bimonetary economy.
There is a brutal fall in economic activity and Argentina is today more expensive in dollars than developed nations. That turns the inflation rate of three or four percent per month, which Milei and his ineffable Minister of Economy (Luis Caputo) want us to believe is a success, into a true social tragedy as it occurs in the context of a deep recession, she commented.
She also pointed out that “this tragedy is undeniable: from the rapid increase in unemployment to the more than a million children who go to sleep every night without a plate of food.”
The former President also warned about the exponential advance of drug trafficking in working-class neighborhoods in the face of the withdrawal of the State and the vertiginous fall in the standard of living of the middle class.
As always happens in Argentina, the adjustment is followed by beatings. The images of beaten and tear-gassed people -in this case retirees- only confirm the violence engendered by ideologies where citizens are only a variable. Everything became very ugly and is very bad, she said.
Fernández also recalled the impact of the “geometric indebtedness produced during the government of Mauricio Macri (2015-2019), with foreign or national investors, with surcharges and with unfulfillable maturity curves.”
In this sense, she indicated that the loan from the International Monetary Fund is being paid too dearly and its consequences will continue to be suffered for several generations. “Addressing the problem of the bimonetary economy and its correlation, the lack of a strong currency, is what should mobilize the forces that continue to believe in the nation,” he said.
However, “when anti-politics runs out of answers due to the failure of extravagant theories that only cause hatred and pain, we will not only have to rebuild the currency, but also politics,” she said.
We must straighten out the experiences and order the new demands in order to align thought, word and action: an indispensable trilogy when formulating a proposal and strategy that allows us to organize a political force that once again represents the majority, to go from being the opposition to an alternative government, she concluded.
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