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Massive W For Argentina!


britanica

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Javier Milei, a libertarian, won by a massive landslide and the country lit up from it. 

The media is already framing him in the US as a "far-right" politician but we all know that BS don't work anymore. Far-right just means anti-establishment so in that regard, they are 100% correct. He is pro life, family, free speech, open economy, healthy markets, etc. and he is 1000% against big banks, big governments, and all that woke leftist nonsense. Did I mention he HATED socialism and Marxism? 

He also tweeted in hopes that Trump will win in 2024. Needless to say, the establishment and the boot lickers are not pleased. 

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I would not consider him extremely right though. When you contrast his views he is pretty much a 1990's "democrat" or center-left on a lot of what he says. The issue is that the left side of things has moved so far left, they may as well be far-right and the use of "far-right" is just a dog whistle for anyone that goes against the "machine" which is focused on hoarding wealth, power, and controlling everyone.  

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Isn't there talk about him incorporating Bitcoin into the economy? If so, that would probably be worth keeping an eye on. Their economy is a mess and while it would be easier to fix than say the US or Canadian economy, I cannot see him getting all this done. They would need years of people like him in place to fix it cause harsh big measures will result in short term loss everyone we feel and many will suffer because of.

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The problem is he thinks he can solve Argentina's economic woes by realigning Argentina to the USD, however the USD has its own challenges just look at the yearly fight over borrowing limits being exceeded that shuts down Washington and lays off federal workers until an agreement is reached.  

This happens as the USA has the global currency yet the BRICs is challenging the USD by doing trade deal in local currencies, how this will play out and what iot means for Argentina is hard to say.

He would be better to focus on transnational corporations and ensuring they are paying tax in Argentina rather than using tax havens or registering overseas to gain a tax advantage.

 

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