No individual, no corporation, and no country ever runs out of money. Ever. What all three run out of is investor trust.
The above truth rates frequent repeat in light of a recent news account about Javier Milei, Argentina’s president. The report indicated what’s well known, that President-elect Donald Trump is a big fan of Milei’s. This speaks well of Trump for appreciating Milei’s unrelenting belief that Argentina’s path back to prosperity will be paved by a government that taxes, spends (the most economy-crushing tax of all), regulates, tariffs, and devalues quite a bit less.
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