In an article published today, the former head of state analyzed the complex situation of the country nine months after the start of the La Libertad Avanza administration and insisted on the need to address the problem of a bimonetary economy.
There has been a brutal decline in economic activity, and Argentina is now more expensive in dollars than developed countries. This makes the inflation rate of three or four percent per month, which Milei and his ineffable finance minister (Luis Caputo) want us to believe is a success, a true social tragedy, as it occurs in the context of a deep recession, she stated.
Moreover, she highlighted that “this tragedy is undeniable: from the rapid rise in unemployment to the more than one million children who go to bed every night without a plate of food.”
She also warned about the exponential increase in drug trafficking in poor neighborhoods, in the face of the state’s withdrawal and the vertiginous decline in the standard of living of the middle class.
As always happens in Argentina, the adjustment is followed by beatings. The images of people being beaten and gassed – in this case, retirees – only confirm the violence generated by ideologies in which citizens are merely a variable. Everything has become very ugly and it 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 overpricing and with impossible maturity curves.”
In this sense, she indicated that the loan from the International Monetary Fund is costing a lot and its consequences will continue to be borne by several generations.
“Addressing the problem of the bimonetary economy and its correlate, the lack of a strong currency, is what must mobilize the forces that still believe in the nation,” she said.
However, “when antipolitics runs out of answers due to the failure of extravagant theories that only cause hatred and pain, we will have to rebuild not only the currency but also politics,” she stated.
It is necessary to correct the experiences and organize the new demands to align thought, word, and action: an indispensable trilogy when formulating proposals and strategies that allow us to organize a political force that once again represents the majority, transitioning from an opposition to an alternative government, she concluded.
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