Argentina elects "far-right" libertarian--will they turn it around?

[JamieDimonsBalls]

Another W in Argentina

Argentina got rid of rent control. Housing supply skyrocketed

The Argentine president, known for his free-market stance, repealed a law that had imposed restrictions on landlords and significantly reduced rental availability.

www.newsweek.com

He’s on a roll

 

[jsig]

 

[JamieDimonsBalls]

What a speech. I’m on the Millei train

 

[crazed_hoosier2]

What a speech. I’m on the Millei train

View embedded media

He’s a unicorn in the world of government. The guy just flat gets it.

That’s why I’m writing him in for POTUS.

 

[WhyisIUBBcursed]

He’s on a roll

View embedded media

He should be very proud of the 52% poverty rate his policies have created. Well done

 

[crazed_hoosier2]

He should be very proud of the 52% poverty rate his policies have created. Well done

Milei has maintained all along that the transitionary period was going to involve some pain. When he was elected, I wondered if he’d be able to survive long enough politically to see it through. I still do.

But taking note of the pain they’re having now is like walking into an operating room and scolding the surgeon for all the blood. It’s surgery - it’s gonna have some blood.

But he’s making good moves and it will attract capital investment. The country is going to end up being prosperous again.

 

[UncleMark]

He should be very proud of the 52% poverty rate his policies have created. Well done

It was over 40% when he was elected.

 

[JamieDimonsBalls]

He should be very proud of the 52% poverty rate his policies have created. Well done

Short term pain, long term gain

 

[Joe_Hoopsier]

What a speech. I’m on the Millei train

View embedded media

What do you think it would take to get THE Donald to grow some pork chops? This dude just oozes the sweat of the founding fathers of the USA!

 

[WhyisIUBBcursed]

It was over 40% when he was elected.

True. It’s been a shit show for awhile there

 

[snarlcakes]

If you had a difficult day, this will cheer you up.

 

[crazed_hoosier2]

View embedded media

If you had a difficult day, this will cheer you up.

 

[snarlcakes]

 

[Joe_Hoopsier]

View embedded media

Is there a correlation here that more government causes inflation?

 

[crazed_hoosier2]

View embedded media

Sound policies produce sound outcomes. If he can weather the political storm of the transition period and stay the course, Argentina will be poised to prosper tremendously in coming decades.

My effort to get Milei elected here fell a little short, dammit. But hopefully we (and the rest of the debt-laden world) will take note of his proscriptions and their results.

 

[All4You]

View embedded media

DOGE afuera?

 

[dbmhoosier]

 

[OpenWheels]

Milei is saving Argentina and if he can stay in office, will be giving their poor a real chance at a very prosperous future. Bless him.

Meanwhile, in the USA we have idiots espousing and implementing rent control and then bitching that housing is so expensive and hard to find. Kamala wanted to double down with rent control on groceries.

Tell Javier to cross at the Mexican border, it's open. He can't be president but maybe we can make him the Czar of educating politicians on unintended consequences and their actual solutions. Make that a cabinet position.

 

[snarlcakes]

 

[BradStevens]

View embedded media

Interesting. Milei have autism?

I’ve noticed a correlation between strict libertarians and those on the spectrum.

 

[snarlcakes]

Interesting. Milei have autism?

No.

I’ve noticed a correlation between strict libertarians and those on the spectrum.

I don’t disagree with this conclusion.

 

[OpenWheels]

That guys is far from a 'pure' (i.e. nutty, lol) libertarian.

Argentina's past 'economic' policies were so terrible, he seems all free market when really he's picking and choosing what order to change things in. Leaving a ton of controls in place.

The situation around the globe in many countries pushing hard left policies so wrong headed, that he gets called 'far right' as an epithet. It's not 'far right', it's liberal! Classical liberal. Which works.
,

 

[JamieDimonsBalls]

Here's a good review:

https://www.reuters.com/world/americas/argentina-investors-bet-mileis-popularity-year-after-his-election-2024-11-18/

non-paywall:

https://archive.ph/NNMEr#selection-1475.0-1478.0

 

[OpenWheels]

Here's a good review:

https://www.reuters.com/world/americas/argentina-investors-bet-mileis-popularity-year-after-his-election-2024-11-18/

non-paywall:

https://archive.ph/NNMEr#selection-1475.0-1478.0

Thanks. Investors love the reforms and the 'country risk' while high even for South America, is way down from when they were clearly behaving like marxist idiots.

It says the surprise is the population is putting up with it pretty well despite the required large spending cuts.

What is surprising, he said, "is that the population has bought into it, and that has meant that his popularity has held up pretty well. Given the scale of the spending cuts, it's pretty remarkable that he remains as popular as he does." A survey closely watched by markets from the Torcuato Di Tella university showed confidence in government, a proxy for Milei's standing, rebounded in October after a September slip. Going back to 2003, only Peronist Nestor Kirchner and center-right Mauricio Macri scored better than Milei at this point of their term.

 

[hookyIU1990]

There are many interview excerpts in this Twitter thread.