‘Populism’ Slammed as ‘Threat’ to Democracy

Former Argentina President Warns of the Economic Dangers of Big Gov’t

Former Argentina President Mauricio Macri warned last week in Puerto Rico that the not only constitutes a threat to democracies in Latin America, but also throughout the world, stressing that the end result of “populism” is often big-government-generated inflation and crackdowns on economic liberties that impoverish countries.

“Populism offers you good prospects in exchange for your liberty and that you give more power to them, and prevents advances in the independence of justice, congress, freedom of the press, and, in addition, that you give up your future,” Macri, who served as president of Argentina between 2015 and 2019, told reporters during a roundtable organized by former Gov. Luis Fortuño’s Center for Economic Renewal, Growth and Excellence (Crece by its Spanish acronym), at a San Juan hotel last week.

To read the entire story subscribe now to our epaper at caribbeanbusiness. com

Related Posts

• 

  Being Vigilant of the 7 Benchmarks to end 2022
  Being Vigilant of the 7 Benchmarks to end 2022
• 

  Inflation Heading Down, What Happens Now?
  Inflation Heading Down, What Happens Now?
• 

  The Six Factors to Expect during the end of 4Q22
  The Six Factors to Expect during the end of 4Q22
• 

  Puerto Rico Banks Deliver strong earnings, beating most banks
  Puerto Rico Banks Deliver strong earnings, beating most banks

You must be logged in to post a comment Login