Birdwatch Note Rating
2024-11-20 17:04:38 UTC - HELPFUL
Rated by Participant: AF6039D2CBFBA6F3D20A3ED0F404C7CCDDEB32BE29AECD248C8119BC5D01C58B
Participant Details
Original Note:
This post implies Argentina’s economy has been improving. This is untrue. Argentina’s GDP has shrunk every quarter since Millei took office: https://www.reuters.com/world/americas/argentina-economy-shrinks-17-q2-extending-recession-2024-09-18/ The poverty rate has increased to 52%: https://amp.cnn.com/cnn/2024/09/27/business/argentina-poverty-rate-increase-50-percent Inflation is 193% year over year: https://apnews.com/article/argentina-inflation-milei-economy-21560cec4fd473a95155adf06ca46c4a Millei plans to replace the peso with U.S. dollars: https://www.bloomberg.com/news/articles/2024-05-22/argentina-s-milei-lays-out-blueprint-toward-dollarization
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