Comments by "Serenity" (@SerenityM54L2SAM5L5N1) on "Argentina's 'millionaire tax' comes into effect; Watch this report | English News | WION News" video.

  1. Just a heads up for those cheering on this move: Corporations are fleeing from Argentina. The majority of the country's residents wants to leave the country. Investors and businessmen are deterred from establishing in the country. The state has an immense national debt (growing), a broken private sector and budget deficits that has resulted in prolonged crises. This policy of seizing assets from the top will only exacerbate their engrained economic issues. They're a failed depleted welfare state that don't create any wealth, prosperity or a sustainable market.
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  2. Maybe. Hopefully the state don't mess up that opportunity too, as they have done with most areas related to the economy in the past. The country is in a cemented recession, suffering brain drain and from debt.
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