Argentina bond market plunder explained
4) Globalist puppet Milei slashes government spending and privatizes a whole lot of sectors. This is the neoliberal “shock therapy.”
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Meanwhile, 54% of Argentinians are in poverty, consumer prices have tripled over the last year, the economy is in recession, and industrial production has been dwindling consistently.
Exactly as I predicted back in October 2023:
The vultures are ready to “make the economy scream” if Javier Milei wins!*
Vente Venezuela, the party of María Corina Machado, is connected to the National Democratic Institute and the Atlas Network via the Liberal Network for Latin America (RELIAL) and Liberal International. Edmundo González is just a stand-in for her.
Vente Venezuela (work in progress)
Previously:
BUENOS AIRES, Argentina — It wasn’t the most uplifting of inaugural addresses. Rather, Argentina’s newly empowered President Javier Milei presented figures to lay bare the scope of the nation’s economic “emergency,” and sought to prepare the public for a shock adjustment with drastic public spending cuts.
In first speech, Argentina’s Javier Milei warns nation of painful economic shock
Related:
With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum
The economy minister won 36.6% of the vote, while his rival secured 30%. They will both try to win over the voters for Patricia Bullrich, who came in third place and was knocked out of the race
Argentina elections: Sergio Massa contains far-right wave, defeating Javier Milei in the first round
The vultures are ready to “make the economy scream” if Javier Milei wins!*
Argentina election 2023: what you need to know
Far-right libertarian Javier Milei is leading the polls ahead of Argentina’s Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed.
Related:
Argentina election: from peso to dollar?
But dollarisation would also mean immediate recession and slump. It would have to start with a massive devaluation of the domestic peso monetary base. In a very optimistic scenario, if Argentina received a loan of say $12 billion from the IMF and used $5 billion as a reserve for the banking system and $7 billion to dollarise the monetary base, the domestic peso monetary base would still have to be reduced by nearly 400%. Argentine salaries (then in US dollars) would become among the lowest globally and poverty would rise to unprecedented levels. And Argentina is already in a recession with real GDP expected to drop by around 2% this year. So either way: peso or dollar, Argentine households would pay the price in living standards.
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Desperation has driven many Argentines to consider a ‘libertarian, anarcho-capitalist’ as president. If this were to happen, it will be going down another blind alley. Argentina’s capitalist economy will continue to fail.
Just scratching the surface:
Read More »Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far as he likes since even if he won a plurality again, he would still be leading a coalition government). And too many commentators forget that voters regularly move to the right in bad economic times, which Argentina is certainly suffering. It’s that the piece depicts him as a Trumpian outsider/madman, when Nick Corbishley’s post right after the primary results were in describes Milei’s considerable, if sometimes seamy, establishment connections…including to the Kochs:
How Javier Milei Upset Argentina’s Political Status Quo
Previously:
Is Argentina’s presidential frontrunner Javier Milei US’ “boy?” Rejects China+Mercosur, embraces $$
Orinoco Tribune Editor: There Was a Coup Against Pedro Castillo in Peru + Some Notes
Identified as Fernando Andre Sabag Montiel, suspect sports a ‘black sun’ symbol that has been used by white supremacist mass shooters
Man who attempted to assassinate Argentine vice president has Nazi tattoo
Ms. Cat’s Chronicles 
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