Argentina elects 'shock therapy' libertarian Javier Milei as president
Argentina elects 'shock therapy' libertarian Javier Milei as president
www.reuters.com
Argentina elects 'shock therapy' libertarian Javier Milei as president
31 comments
-
-
Whelp, get ready for literally everything to get sold off to pay the IMF. They'll be stripping the wiring from the walls soon.
-
Bye bye Argentina... you've just elected your first 'trump'.
-
Argentina's been gone for years
-
We can always ruin our country even more, it's like shooting a Zombie anywhere but the head.
-
No wonder such a low rate mobster could take over as mob boss. Figures.
-
-
-
This is the best summary I could come up with:
Official results showed Milei with near 56% versus 44% for his rival, Peronist Economy Minister Sergio Massa, who conceded in a speech.
His plans include shutting the central bank, ditching the peso, and slashing spending, potentially painful reforms that resonated with voters angry at the economic malaise.
"Milei is the new thing, he's a bit of an unknown and it is a little scary, but it's time to turn over a new page," said 31-year-old restaurant worker Cristian as he voted on Sunday.
He will have to deal with the empty coffers of the government and central bank, a creaking $44 billion debt program with the International Monetary Fund, inflation nearing 150% and a dizzying array of capital controls.
"The election marks a profound rupture in the system of political representation in Argentina," said Julio Burdman, director of the consultancy Observatorio Electoral, ahead of the vote.
Supporters of Massa, 51, an experienced political wheeler-dealer, had sought to appeal to voter fears about Milei's volatile character and "chainsaw" plan to cut back the size of the state.
The original article contains 629 words, the summary contains 176 words. Saved 72%. I'm a bot and I'm open source!
-
-
Becuse it worked so well for Russia.
-
Do it for the dollas
-
This is good for Bitcoin 📈
-
Bitcoin does present a possible solution to the monetary woes of Argentina.
Mileis election signals a growing awareness that central bankers are just scammers and getting off the gold standard was one of the biggest mistakes humanity ever made.
-
31 comments
Javier Milei is:
Good luck Argentina
Yea, because it's done so well for us in the US having lax gun laws, right?
Umm, someone has no idea what communism is..
Fucking WHAT 🤣 ok this jackass obviously hasn't read the new testament either. Because Jesus and what he preached was the antithesis of what he stands for.
According to Luke 16:13 Jesus is supposed to have said "You cannot serve both God and money."
Luke 6:29-30 "If someone takes your coat, do not withhold your shirt from them. Give to everyone who asks you, and if anyone takes what belongs to you, do not demand it back."
Mark 10:21 "Go, sell everything you have and give to the poor, and you will have treasure in heaven. Then come, follow me."
Good arguments, but you failed to consider
Supply side Jesus
Woah, this all sounds hating the rich. This is
AmericaArgentina, we love the rich! /sWe are so fucked.
Wow thats a lot of propaganda you are spreading. Massa had 16 years and only made the country worse. The people need a change. Mille may be a mistake but Massa plain does not care. He stole as much money and is leaving. Massa just quit being president even though Mille is not taking over until mid december. Massa is leaving the country tomorrow.
I agree with you on Massa, and on needing a change. But I also think Milei is likely gonna continue to drag the country down plus whatever brand of crazy he wants to stick to once he gets into office.
The truth is you were gonna be screwed (economically) either way. Massa did not give a shit about the country and his greed plus his incompetence (if not his disregard for the good of the people) led to the 140% inflation Argentina is currently experiencing. Milei on the other hand is legitimately crazy (I'm not talking about the conservatism) and also economically incompetent. I understand why he won, and I agree that Massa led the country to the disaster it is in now.
The options you could have voted for were both essentially promising to drag the country down. The only difference was that Milei hasn't had a chance to prove it yet, and that makes him seem more promising than Massa who has proven to be who he is. Short of a miracle or a revolution, you were always gonna get the short end of the stick, economically speaking (which is what most voters obviously care about). I wish you the best and still hope it might turn out better than it seems right now.
That’s the thing though, right? Something needing a change doesn’t imply any and all changes being good.
I don’t see how op contradicts with what you said.