Xavier Milei agrees on a new IMF loan of 20 bln dollars and u-turns on his original plan to dollarise the economy. What are the implications of this u turn for the argentinian people? And was Milei’s plan even a good idea in the first place?From our chat with Michae Roberts, a renowned marxist economist, a thesis seem to emerge: the promise of dollarising the economy was mostly a political move to gain consensus from an electorate concerned about the purchasing price of their currency.It would not have served the real interest of argentinian working classes but it proved a winning electoral move, yet not sustainable for the lack of dollar reserves.Milei was then forced to follow the standard path of many argentinian previous governments: get a new loan to sustain the value of the pesos, winning the sympathy of international lenders by cutting the Welfare State and imposing a cut in real wages for the working class.This move is likely to end up in a indirect subsidy to capital flight, worsening argentinian international position, worsening Argentina’s dependence on foreign debt and perpetuating a vicious dynamic of foreign loans, cuts and wage deflation.●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●🔔 SUBSCRIBE TO THE CHANNEL AND ACTIVATE NOTIFICATIONS 🔔▶ support OttolinaTV. join the subscription campaign on GoFundMe urly.it/3yp7g and on paypal urly.it/3yp7j ◀🌐 VISIT THE SITE: https://ottolinatv.it/🚀 ALSO FOLLOW US ON... 🚀★ FACEBOOK: https://www.facebook.com/ottolinatv★FACEBOOK GROUP: https://www.facebook.com/groups/ottolinatvgruppo★INSTAGRAM: https://www.instagram.com/ottolinatv★TIKTOK: https://www.tiktok.com/@ottolinatv★TWITCH: www.twitch.tv/ottolinatv★ SPOTIFY: https://open.spotify.com/show/1AQC7D1D7lzfeKPwsW69Gl★ TWITTER: https://twitter.com/ottolinatv📢 TO PARTICIPATE AND DISCUSS WITH OTTOLINATV 📢★ TELEGRAM CHANNEL: https://t.me/Ottolina_TV★ TELEGRAM GROUP: https://t.me/+OSGohHfdeuBhNDE0