Interested to see the longer term impact of Milei's cuts, can overall economic stability and growth counteract its impact to improve Argentina overall? Or will it be like, after austerity in the UK, public services in a mess and low growth?
Uk fix? - Deregulation planning system to allow building + national drive to build efficiently and fast - Long Term effeort to bring energy costs in the UK to the lowest in developed world - Reform + growth mindset + efficiency in public sector Most importantly intelligent leaders that can drive change and with focus
@@advocate1563And the 10+ billion dollar debt due this year. Will be a tough year for Milei, especially because the argentine mid term elections are happening in Oktober.
ITS NOT LIKE THAT. HES CUTTING THE POLITICAL BUSSINES, THE PRIVATE SECTOR IS MORE EFICIENT IN EVERY ASPECT RELATED TO SERVICES. I KNOW WHAT IM TALKING IM ARGENTINIAN. YOU WILL SEE ARGENTINA TO GET RICH IN FEW YEARS
ARGENTINA FIRST YEAR OF MILEI: - INFLATION: 400% ANUALLY TO 12%. 26% MONTH TO 1%. - POVERTY: 54% TO 38%. -EXTREME POVERTY: 17% TO 7.8% - SALARY: 200 USD TO 600. aS A MEDICAL DOCTOR I WENT FROM 300 USD TO 1300 IN ONE YEAR. - TOTAL DEBTH REDUCED DRASTICALLY. - INVERSION RISK: 3450 TO 550. (RIESGO PAIS)
AND I DIDNT MENTION THE 2 SQUADS OF F16 TO OUR AIR FORCES, THE CAUSES AGAINST CORRUPTION, THE FALLING OF CRIME IN ROSARIO AND THE REST OF ARGENTINA. IM SO PROUD OF MY COUNTRY NOW
Fun. My understanding from Liam Halligan (probably the foremost housing economist in the UK) is that Labour's planning reforms are doomed to failure. Land is typically 1/3rd of the PNL in development. The land element has historically seen 100% of the land planning capital uplift to the landowner. Labour have now made it 100% in favour of the state (Halligan argues it should be 50/50) acquired through CPOs. Halligan believes this is a lawyer's wet dream. In addition to any Nimbyism, he believes we will see years of ligitation fighting CPOs. As was mentioned Rayner's current targets are clearly politically driven and completely miss the importance of London in the mix. Sadly, London itself can take very little more development. Pockets of the Zone 2 have had to stop expansion simply because of infrastructure - both water and grid. Infrastructure has to go hand in hand with building in densely populated areas. Having left UK I have become involved in property investment in my new country - some very interesting activity going on in tiny homes/modular which I believe is going to go mainstream. These are being built for £60k on council owned land, providing an affordable home for the bottom end. You cannot discuss housing in the UK without identifying that social housing/affordability is where the real crisis is and whilst building more houses obviously helps, the current levels of immigration are self-defeating. Reading University has identified that the recent immigration numbers are now accounting for 50% of lack of housing. This also masks the "non working" numbers which Reem kept coming back to in this podcast. As a lecturer watching the struggles of UGs to find a graduate job (this at a Top 10 global university), I would say that the graduate premium has now got a long tail. We urgently need to redeploy young people into activities and trades which better meet their opportunities and our national needs. This could reduce our dependence on overseas labour.
MILEI IS A GENIUS. I CANT RELATE DE DISASTER OF OUR ECONOMY BEFORE HIM, IT WAS A TOTAL MESS. THE GUY FIX THE COUNTRY IN ONE YEAR, AND IS ONLY 1 YEAR, THE INFALTION WERE FROM 400% IN DECEMBER ANUALLY TO 12% TODAY. IS EXPECTED TO GET 0% IN JUST FEW MONTHS. THATHS FKING AMAZING. MY SALARY WENT FROM 300 AS A MEDICAL DOCTOR TO 1300 USD IN JUST ONE YEAR. ITS OUT OF MY MIND
@ actually doesn’t how well the EU is doing as a whole. Individual countries like Poland are doing fantastically inside the EU. Others make their choices to grow slower. That’s sovereignty.
We need to encourage investment into the UK markets.
There’s no incentive for us to invest in the UK as there is no growth.
Kwasi literally bankrupted international private investors. They will never go back.. thousands of them are still in trauma
Interested to see the longer term impact of Milei's cuts, can overall economic stability and growth counteract its impact to improve Argentina overall? Or will it be like, after austerity in the UK, public services in a mess and low growth?
Uk fix?
- Deregulation planning system to allow building + national drive to build efficiently and fast
- Long Term effeort to bring energy costs in the UK to the lowest in developed world
- Reform + growth mindset + efficiency in public sector
Most importantly intelligent leaders that can drive change and with focus
Forecast growth for argentina by IMF 5.2%. His biggest risk is currency.
@@advocate1563And the 10+ billion dollar debt due this year. Will be a tough year for Milei, especially because the argentine mid term elections are happening in Oktober.
ITS NOT LIKE THAT. HES CUTTING THE POLITICAL BUSSINES, THE PRIVATE SECTOR IS MORE EFICIENT IN EVERY ASPECT RELATED TO SERVICES. I KNOW WHAT IM TALKING IM ARGENTINIAN. YOU WILL SEE ARGENTINA TO GET RICH IN FEW YEARS
@@AlanJaison1 Comical! None of that happening in UK with your socialist dinosaurs....Labour.
ARGENTINA FIRST YEAR OF MILEI:
- INFLATION: 400% ANUALLY TO 12%. 26% MONTH TO 1%.
- POVERTY: 54% TO 38%.
-EXTREME POVERTY: 17% TO 7.8%
- SALARY: 200 USD TO 600. aS A MEDICAL DOCTOR I WENT FROM 300 USD TO 1300 IN ONE YEAR.
- TOTAL DEBTH REDUCED DRASTICALLY.
- INVERSION RISK: 3450 TO 550. (RIESGO PAIS)
AND I DIDNT MENTION THE 2 SQUADS OF F16 TO OUR AIR FORCES, THE CAUSES AGAINST CORRUPTION, THE FALLING OF CRIME IN ROSARIO AND THE REST OF ARGENTINA. IM SO PROUD OF MY COUNTRY NOW
Fun. My understanding from Liam Halligan (probably the foremost housing economist in the UK) is that Labour's planning reforms are doomed to failure. Land is typically 1/3rd of the PNL in development. The land element has historically seen 100% of the land planning capital uplift to the landowner. Labour have now made it 100% in favour of the state (Halligan argues it should be 50/50) acquired through CPOs. Halligan believes this is a lawyer's wet dream. In addition to any Nimbyism, he believes we will see years of ligitation fighting CPOs. As was mentioned Rayner's current targets are clearly politically driven and completely miss the importance of London in the mix. Sadly, London itself can take very little more development. Pockets of the Zone 2 have had to stop expansion simply because of infrastructure - both water and grid. Infrastructure has to go hand in hand with building in densely populated areas. Having left UK I have become involved in property investment in my new country - some very interesting activity going on in tiny homes/modular which I believe is going to go mainstream. These are being built for £60k on council owned land, providing an affordable home for the bottom end. You cannot discuss housing in the UK without identifying that social housing/affordability is where the real crisis is and whilst building more houses obviously helps, the current levels of immigration are self-defeating. Reading University has identified that the recent immigration numbers are now accounting for 50% of lack of housing. This also masks the "non working" numbers which Reem kept coming back to in this podcast. As a lecturer watching the struggles of UGs to find a graduate job (this at a Top 10 global university), I would say that the graduate premium has now got a long tail. We urgently need to redeploy young people into activities and trades which better meet their opportunities and our national needs. This could reduce our dependence on overseas labour.
PNL = Profit and Loss
CPO = Compulsory Purchase Order
MILEI IS A GENIUS. I CANT RELATE DE DISASTER OF OUR ECONOMY BEFORE HIM, IT WAS A TOTAL MESS. THE GUY FIX THE COUNTRY IN ONE YEAR, AND IS ONLY 1 YEAR, THE INFALTION WERE FROM 400% IN DECEMBER ANUALLY TO 12% TODAY. IS EXPECTED TO GET 0% IN JUST FEW MONTHS. THATHS FKING AMAZING. MY SALARY WENT FROM 300 AS A MEDICAL DOCTOR TO 1300 USD IN JUST ONE YEAR. ITS OUT OF MY MIND
Here for Milei
The single market is the UKs largest trading partner
Probably not the best idea to withdraw from the world’s largest free trade area too. U.K. is truly stuck
Yeh EU doing really well 😂
Hardly free trade area EU is a protection racket
@ actually doesn’t how well the EU is doing as a whole. Individual countries like Poland are doing fantastically inside the EU. Others make their choices to grow slower. That’s sovereignty.