Argentine Leader Draws Fire After Cratering of Crypto Coin He Promoted - New York Times

[FuturoBA]

You never know with these types of things. He should have just fired his sister after it. That would have gone a long way and the smart thing to do. Instead this will probably get dragged on.

A month on from ‘$LIBRA,’ Milei siblings at centre of judicial tug-of-war

Investigation into alleged corruption, influence-trafficking and public ethics rules now the focus of a jurisdictional tussle.

batimes.com.ar

I disagree about how he should have fired his sister, or at least publicly firing her. Not because I think she's a net positive, but more for the optics. Whether she influenced him or not, it was ultimately his decision and a dumb one from the beginning. He needs to take full responsibility. It was under his name and his account. Now behind closed doors that's a discussion they probably had.

It also did seem like things have been losing steam but BowtiedMara posted about this so who knows

 

[Wally]

I disagree about how he should have fired his sister, or at least publicly firing her. Not because I think she's a net positive, but more for the optics. Whether she influenced him or not, it was ultimately his decision and a dumb one from the beginning. He needs to take full responsibility. It was under his name and his account. Now behind closed doors that's a discussion they probably had.

It also did seem like things have been losing steam but BowtiedMara posted about this so who knows

Disagree. his sister was obviously guilty. She should have just resigned and saved him the aggravation of having to fire her. Optics is she is a crook and he is too or too dumb not to see it.

 

[earlyretirement]

He needs to take full responsibility.

Ha. But I don't see that ever happening considering that this is the 2nd time he rug pulled. I know BowTiedMara personally and we just chatted on the phone this week. Funny, as he agreed with my assessment that Milei is losing steam. Many times people post things publicly but will say something else privately. Talk to many locals and although they do NOT want to see a return to Peronismo, many are questioning things right now.

I still think that Milei is the best shot that Argentina has. But if anyone is trying to deny that his approval hasn't shifted, they are in denial. Lots of polling shows that his approval rating has shifted and that is very normal with severe austerity measures. I've always said this will just depend on how much patience people have.

 

[Betsy Ross]

Ha. But I don't see that ever happening considering that this is the 2nd time he rug pulled. I know BowTiedMara personally and we just chatted on the phone this week. Funny, as he agreed with my assessment that Milei is losing steam. Many times people post things publicly but will say something else privately. Talk to many locals and although they do NOT want to see a return to Peronismo, many are questioning things right now.

I still think that Milei is the best shot that Argentina has. But if anyone is trying to deny that his approval hasn't shifted, they are in denial. Lots of polling shows that his approval rating has shifted and that is very normal with severe austerity measures. I've always said this will just depend on how much patience people have.

The problem is that there are so many die hard Milei fans no matter what happens they will just have the mindset the guy can do no wrong. The only way Argentina progresses is if people have the courage to say things that are just not working or corrupt. If Cristina did some of these things you would never hear the end of it. Can you imagine if Cristina did something like Libra? Or trying to appoint Supreme Court judges bypassing all the checks and balances? People have to have the same standard which they do not here.

 

[lemonade]

I disagree about how he should have fired his sister, or at least publicly firing her. Not because I think she's a net positive, but more for the optics. Whether she influenced him or not, it was ultimately his decision and a dumb one from the beginning. He needs to take full responsibility. It was under his name and his account. Now behind closed doors that's a discussion they probably had.

It also did seem like things have been losing steam but BowtiedMara posted about this so who knows

I don't think it takes a rocket scientist to know that his sister is the one that told him to do it. He will never turn on her. He would probably sooner resign than make her quit or fire her. You are correct @FuturoBA he needs to take full responsibility but that is not what he did after it. He did the opposite. Things were going ok for him until Davos. After that things seem to be bad decision after bad decision.

Ha. But I don't see that ever happening considering that this is the 2nd time he rug pulled. I know BowTiedMara personally and we just chatted on the phone this week. Funny, as he agreed with my assessment that Milei is losing steam. Many times people post things publicly but will say something else privately. Talk to many locals and although they do NOT want to see a return to Peronismo, many are questioning things right now.

I still think that Milei is the best shot that Argentina has. But if anyone is trying to deny that his approval hasn't shifted, they are in denial. Lots of polling shows that his approval rating has shifted and that is very normal with severe austerity measures. I've always said this will just depend on how much patience people have.

Interesting. Not sure how people can deny his numbers are going down. I read a few polls and they all say the same thing. Not so sure it has as much to do with any one thing specifically but people just running out of patience.

 

[FuturoBA]

Ha. But I don't see that ever happening considering

Neither do I. It's politics where politicians and presidents don't admit mistakes, the former which he is becoming more of.

I don't think it takes a rocket scientist to know that his sister is the one that told him to do it. He will never turn on her. He would probably sooner resign than make her quit or fire her. You are correct @FuturoBA he needs to take full responsibility but that is not what he did after it. He did the opposite. Things were going ok for him until Davos. After that things seem to be bad decision after bad decision.


Interesting. Not sure how people can deny his numbers are going down. I read a few polls and they all say the same thing. Not so sure it has as much to do with any one thing specifically but people just running out of patience.

With those he's already fired and now not getting along with the VP I agree I don't see him turner on his sister.

 

[earlyretirement]

Interesting. Not sure how people can deny his numbers are going down. I read a few polls and they all say the same thing. Not so sure it has as much to do with any one thing specifically but people just running out of patience.

Well lots of Milei fans are kind of blinded by everything that is going on. They are hypocrites. If CFK did some of these things he did they would nail her to the cross but their boy does it and it's ok. Partly why Argentina is so screwed up.

More and more articles coming out daily about the shift. How people aren't seeing this is beyond me but it IS happening.

Signos de agotamiento del método libertario

El Presidente se expuso a derrotas y contratiempos a fuerza de actuar por impulso; el insólito episodio Trump resaltó aún más la emergencia financiera; debate interno: ¿se necesitan cambios?

www.lanacion.com.ar

Milei and his sister want to blame everyone else. But they can look in the mirror if blame is going to get doled out. This was a good article in today"s Clarin.

Los días de exasperación en la Casa Rosada: "Hay que aguantar"

Una semana con fuertes movimientos en los mercados. La foto con Trump que no fue y los rumores que involucran a Werthein. La pelea con Villarruel y Macri y el divorcio de Kicillof y Cristina.

www.clarin.com

 

[crypto]

Well lots of Milei fans are kind of blinded by everything that is going on. They are hypocrites. If CFK did some of these things he did they would nail her to the cross but their boy does it and it's ok. Partly why Argentina is so screwed up.

More and more articles coming out daily about the shift. How people aren't seeing this is beyond me but it IS happening.

Signos de agotamiento del método libertario

El Presidente se expuso a derrotas y contratiempos a fuerza de actuar por impulso; el insólito episodio Trump resaltó aún más la emergencia financiera; debate interno: ¿se necesitan cambios?

www.lanacion.com.ar

Milei and his sister want to blame everyone else. But they can look in the mirror if blame is going to get doled out. This was a good article in today"s Clarin.

Los días de exasperación en la Casa Rosada: "Hay que aguantar"

Una semana con fuertes movimientos en los mercados. La foto con Trump que no fue y los rumores que involucran a Werthein. La pelea con Villarruel y Macri y el divorcio de Kicillof y Cristina.

www.clarin.com

Ironic that Milei idolizes Trump so much. The guy that will probably ultimately be responsible for putting a nail in Milei's coffin with this instability.

 

[Bingo]

Looks like Milei and his sister will go down together. He had a good run but sounds like they got too greedy.

Exfiscal de EE.UU. señala a Milei como el centro de la criptoestafa $Libra - teleSUR

A diferencia de la demanda civil interpuesta previamente por el bufete Burwick Law, que menciona a Milei como un simple promotor, la acción legal de Treanor lo sitúa como figura clave en una maniobra que estafó a más de 75.000 inversionistas, con pérdidas estimadas en 280 millones de dólares.

www.telesurtv.net

 

[pennyless]

Looks like Milei and his sister will go down together. He had a good run but sounds like they got too greedy.

Exfiscal de EE.UU. señala a Milei como el centro de la criptoestafa $Libra - teleSUR

A diferencia de la demanda civil interpuesta previamente por el bufete Burwick Law, que menciona a Milei como un simple promotor, la acción legal de Treanor lo sitúa como figura clave en una maniobra que estafó a más de 75.000 inversionistas, con pérdidas estimadas en 280 millones de dólares.

www.telesurtv.net

Maybe he won't be so anxious to come to the USA anymore. Could get served with papers. Probably better to stay out of the USA.

 

[Blockchain]

I'm still seeing articles about this stupid move.

This was in Fortune Magazine.

Javier Milei’s “Black Swan” Moment: The $Libra Crypto-Scandal

The first full blown political crisis of the Javier Milei era in Argentina was sparked by the $Libra crypto-scandal in February. It is still reverberating today.

www.forbes.com

 

[fetch rover]

I'm still seeing articles about this stupid move.

This was in Fortune Magazine.

Javier Milei’s “Black Swan” Moment: The $Libra Crypto-Scandal

The first full blown political crisis of the Javier Milei era in Argentina was sparked by the $Libra crypto-scandal in February. It is still reverberating today.

www.forbes.com

I don't think the locals really care anymore about this. It seems like Argentines are open to their Presidents openly stealing from them. A tradition my husband jokes.