Comment: Some countries which have done as you described

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Some countries which have done as you described

Have very good economies. Don't get sucked in to the false left/right paradigm.

The Nazis did much the same thing in Germany (I'll avoid the moral implications since it is not pertinent to the case at hand), and the economy was literally on fire.

Bolivia and Venezuela did much the same thing to a lesser extent and certainly they have much stronger economies than Argentina, despite foreign machinations.