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Politics Thread: President Javier Milei - From Decree of Necessity and Urgency (DNU) to Today
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Uncle Wong
Well-known member
This was a great YouTube video on how Milei has been doing so far.
Avocado
Well-known member
He still is making many mistakes. He is trying to get other wealthier countries to invest in Argentina and he rejects calls for gender equality. Hell even Saudi Arabia signed it and we know their deplorable history with women's rights.
Javier Milei Infuriates G-20 by Rejecting Call for Gender Equality
Javier Milei became world famous for the radical economic policies he’s implementing in Argentina, but it’s his lesser known views on gender equality and climate change that are angering Group of 20 leaders who are set to meet in Rio de Janeiro next month.
Blockchain
Well-known member
Very good article about Milei a year in.
www.freiheit.org
Argentina: One year Javier Milei
Javier Milei became president of Argentina in December 2023 and has been fighting hyperinflation, high levels of poverty and economic grievances ever since. One year later: initial successes, but many challenges.
Prices are crazy now. Several expat friends have moved out of Argentina. A few more are planning on it. It seems like more and more expats are leaving Argentina. Few of my foreign friends want to visit Argentina now because it is too expensive. Even earlier this year prices were already too expensive but forget about it now.Very good article about Milei a year in.
Argentina: One year Javier Milei
Javier Milei became president of Argentina in December 2023 and has been fighting hyperinflation, high levels of poverty and economic grievances ever since. One year later: initial successes, but many challenges.
Poverty has increased, unemployment is high and many worried about losing jobs. Recession. I wouldn't say that things are going smoothly. The stock market has skyrocketed. But that hasn't made most here any money. Real estate has gone up but that doesn't help people here.
Tourism is falling off a cliff here. People aren't staying in Argentina. They are going to Brazil now.
Milei's popularity is going back up That is good news for him. This guy has 9 lives.]
batimes.com.ar
Milei gains popularity as economy shows sign of life
Argentines’ approval of his government rose to about 47% in November, compared with 43% the month before.
batimes.com.ar
Here is a good blog about Milei's first year in office.
I think this is a good article that talks about Milei making a big mistake with the currency controls. I know it's not easy but peso is way overvalued now so there will be eventual inflation again once the peso gets devalued again.
Archived version here
www.telegraph.co.uk
Archived version here
Argentina’s Javier Milei has made a horrible mistake
A year after his landslide victory, the president has blown his chance to allow market forces to unleash a supply-side miracle
www.telegraph.co.uk
Pink Panther
Well-known member
Seems like Trump and Milei are getting very very close. I just read that Trump invited him to his inaugeration.
Seems like the more things change the more they stay the same. Is anyone following the latest between the feud between Milei and the VP? It sounds like that relationship is totally imploding! With the mid-term elections to come.
It seems obvious that Milei's team paid off the Senator (Edgardo Kueider). The relationship is so bad between Milei and Villaruel that he didn't even tell her when he was leaving for Italy. Sounds like a dysfunctional relationship. I thought this time would be different with corruption and pay offs but probably can never get rid of this in Argentina.
It seems obvious that Milei's team paid off the Senator (Edgardo Kueider). The relationship is so bad between Milei and Villaruel that he didn't even tell her when he was leaving for Italy. Sounds like a dysfunctional relationship. I thought this time would be different with corruption and pay offs but probably can never get rid of this in Argentina.
Milei and Villarruel’s rift grows with row over expelled senator - Buenos Aires Herald
The president and his vice are arguing publicly over the expulsion of Kueider, a Peronist senator who had voted with the government, effectively losing LLA one Upper House vote
buenosairesherald.com
Betsy Ross
Well-known member
If anyone was expecting corruption to go away in Argentina because of Milei they don't know Argentina. Probably impossible to get rid of.Seems like the more things change the more they stay the same. Is anyone following the latest between the feud between Milei and the VP? It sounds like that relationship is totally imploding! With the mid-term elections to come.
It seems obvious that Milei's team paid off the Senator (Edgardo Kueider). The relationship is so bad between Milei and Villaruel that he didn't even tell her when he was leaving for Italy. Sounds like a dysfunctional relationship. I thought this time would be different with corruption and pay offs but probably can never get rid of this in Argentina.
Milei and Villarruel’s rift grows with row over expelled senator - Buenos Aires Herald
The president and his vice are arguing publicly over the expulsion of Kueider, a Peronist senator who had voted with the government, effectively losing LLA one Upper House votebuenosairesherald.com
earlyretirement
Moderator
This is a great read on the situation in Argentina and what has been going on the first year in office along with some statistical salary trends over the past year.
None of these countries in South America can make corruption disappear. Especially Argentina. Impossible to get rid of here.
Blockchain
Well-known member
I just read that President Milei was granted Italian Citizenship. I guess his grandma was from Italy. Seems like it's sparking controversy. Why has he spent so much time in Italy? I just saw he has been there 5 times this year. Why the need to go there so many times?
www.theguardian.com
Argentina’s president Javier Milei given Italian citizenship, sparking outrage
Some angry that politician with Italian roots easily obtained citizenship while on trip to meet PM Giorgia Meloni
He doesn't need to be going to Italy so many times! He is on the road as much as he is at home. Look at all the trips he has taken already. You would think with poverty at 53% of the population you would focus more time at home. Argentina is in a bad recession because of him. GDP has gone down and prices are very dear! I was in Spain for vacation and prices at the supermarket are much lower than in Buenos Aires. Even many products are more than in America.I just read that President Milei was granted Italian Citizenship. I guess his grandma was from Italy. Seems like it's sparking controversy. Why has he spent so much time in Italy? I just saw he has been there 5 times this year. Why the need to go there so many times?
Argentina’s president Javier Milei given Italian citizenship, sparking outrage
Some angry that politician with Italian roots easily obtained citizenship while on trip to meet PM Giorgia Meloni
Many he is planning his escape if he has to leave office in a helicopter. That Italian passport will come in handy!
Uncle Wong
Well-known member
I think he has only been in Italy 3 times. I'm not downplaying the # of trips but he is making the rounds trying to get investors around the world. Probably making nice with member nations of the IMF.I just read that President Milei was granted Italian Citizenship. I guess his grandma was from Italy. Seems like it's sparking controversy. Why has he spent so much time in Italy? I just saw he has been there 5 times this year. Why the need to go there so many times?
Argentina’s president Javier Milei given Italian citizenship, sparking outrage
Some angry that politician with Italian roots easily obtained citizenship while on trip to meet PM Giorgia Meloni
One of those times in June was when he went to the 50th annual G7 summit hosted by Italy. That was an essential trip. Not sure you can count this last one to get his passport as essential.
But here is a list of the most important deciding members of the IMF
Based on the search results, the countries with the most voting power in the International Monetary Fund (IMF) are these countries. So I don't think it hurts to cozy up to Italy.
- United States (16.5% of voting share)
- Japan
- China
- Germany
- France
- United Kingdom
- Italy
- India
- Russia
- Brazil
I certainly understand the frustration but try to keep in mind that when you have as much debt coming due as Argentina, what the world thinks about you matters a lot. Relationships are important. They need to buy time, otherwise they'll have to fire-sale assets to pay the debts off (or default which is an absolute worst case and you don't want that).He doesn't need to be going to Italy so many times! He is on the road as much as he is at home. Look at all the trips he has taken already. You would think with poverty at 53% of the population you would focus more time at home. Argentina is in a bad recession because of him. GDP has gone down and prices are very dear! I was in Spain for vacation and prices at the supermarket are much lower than in Buenos Aires. Even many products are more than in America.
Many he is planning his escape if he has to leave office in a helicopter. That Italian passport will come in handy!
Betsy Ross
Well-known member
Absolutely. Have to make the relationships even stronger. When you have this amount of debt these countries are betting as much on Milei than on Argentina. So it is important that he get face time. You can only do that by going to them.
I think all of these people understand why he needs to travel but Kirchnerists love to complain and use any excuse to complain.
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