Zero Hedge
By Tyler Durden – December 29, 2023
In a scene that is probably a small taste of what is to come, socialist activists and workers unions carrying images of Che Guevara and Eva Peron converged on Buenos Aires to protest Javier Milei’s impending “austerity” cuts. The cuts are a part of Milei’s sweeping economic measures that will erase or rewrite over 300 rules regulating and restricting private enterprise within the nation.
Deregulation, protesters say, will pave the way for big business interests while reducing welfare programs and protections for the public. The protests are of course built upon a number of assumptions and are reactionary at best, given that Milei has been in office for a mere two weeks.