Also as the US government's budget deficit grows, they have been firing a lot of their employees. Some of them from national security related jobs!
Nothing new.
Argentine went thru s similar turmoil just Miley was consequent and upended half of his state aparatos.
That in itself is innovative. Not so the US. Is that government now smaller?
The two can not be compared at all.
For example the Argentinian fiat is only used by Argentinian people so when they go through 200%-300% inflation for a long period of time, it only affects them. Conversely the dollar used to be a major global reserve currency and when it dumps the world dump it more and it can cause a higher inflation. So they can't let the inflation go to 2 digits let alone reach hyperinflation where dollar dumps HARD.
That's not to mention that there aren't dozens of countries bag-holding Argentinian government "debt bonds" but there are dozens of countries bag-holding trillions of dollars worth of US government "debt bonds" and if dollar starts dropping they'll dump it and it would crash US economy HARD.
We can even consider this from a geopolitics and the fact that US regime is desperately trying to cling to the power that is fleeing them every day. Letting dollar dump like Argentina did, would hasten that process...
Even from the corruption perspective, Argentina doesn't come close to the deeply rooted corruption in the US. You see a lot of those Trump has been firing, hold a lot of power and money and they have connections. Something that would create chaos.... Have you seen the violence in LA these days? Military is already deployed to keep things in control!
If the corrupt people's positions were to be threatened more things like this would erupt. And with the average American's life getting harder every day, it is very easy to create such chaos...
