His expectations of how much pain workers can sustain all at once are way too high. It's hard to convince it's gonna be better in 20 years...
Discussion
For sure, you don't unwind years of failed policy with shock therapy you will only see the addict revolt, especially those benefitting from the status quo.
People don't really want change, they just larp about, if they did Bitcoin would be much bigger, what bigger change is there then moving to a new system?
i don't think you unwind years of failed policy like welfare with tapering either
people are gonna chuck tanties no matter what, might as well go cold turkey if you ask me
welfare is a political weapon anyway, and most especially a weapon of bankers to maintain an underclass that can be easily deployed as patsies by intels to make color revolutions
why do you think they have had so much trouble messing with Russia, Iran and China?
not because those countries are authoritarian, that's not the question
it's because they don't have welfare systems with a young, poor underclass to pay to "defend equality" or some other nonsense in front of monopoly owned media companies
of course it's gonna look rough, that's against the agenda of the owners
i'm hopeful about this turn of events
i'm also not surprised, i was watching what was going on there back in 2002 in the recovery from their previous most recent economic collapse
i worked with a kid who was from there and he told me about how awful the government was
trust me - the whining is just for the cameras
the majority of argentinians want this