WashPost TRIGGERED ‘Far-Right’ Javier Milei Won Argentina Presidency

[westwall]

What "experts" would those be? Where did I ever say that things were great in Argentina????

South America has been a clusterfuck since the CIA helped right wing dictators seize powerr and murder all of the leftists in the 1970's. The continent has never recovered economically from the effects of Milton Friedman's "freemarket capitalist" experiment, and it is sadly where the USA is headed if they continue the Republican "capitalism on steriods" policies that Friedman espoused.

Argentina has been run by your peeps for decades. And they have ruined the country.

So your peeps are shit at their job.

 

[LeroyDumonde]

Isn't it funny all these so-called far right fascists, are all extreme Zionists. Trump, Farage, Le Pen, Meloni, Wilders, Bolsonaro, Kurz, Putin, and now Milei. What a cohencidence!

 

[badger2]

This phenomenon is happening on the capitalist axis (the economic axis), that is to say, the north-south axis. Milei will benefit CIA puppetry in collusion with their northern marionette, Tater Biden.

 

[francoHFW]

Yeah, because your "experts" were doing such a stellar job....

DURRRRRR

And the drought that destroyed their economy, ignoramus?

 

[bripat9643]

No I based that on the platform he was running - the policies he's promised to implement once in office. He has proposed replacing the local currency, the peso, with the U.S. dollar, and has called to eliminate Argentina’s Central Bank. I don't see how he can do that without the consent of the USA, and the IMF, and they're not going to let him do that.

It's easy. There are already a number of countries that use the US dollar as their currency.

He has proposed reducing welfare payments, in a country which has 140% inflation and more than 6% unemployment, while vowing to cut public works “down to zero,”. Throwing government workers out of work and reducing welfare. When do the food riots start?

Smart.

He is a staunch opponent of feminist policies and abortion, which is legal in Argentina. And while the consensus seems to be he lacks the governmental experience or the legislative backing of their House or senate to pass any of it, like Trump, he seems prepared to give it a good try.

What are you worried about then?

The difference being that Trump took over the USA when its economy was strong and stable, and crashed it utterly, leaving behind an out of control pandemic, and the smoking wreckage from a summer of unresolved racial unrest, exacerbated by right wing violence which Trump openly encouraged by inviting Kyle Rittenhouse to the White House.

Argentina's economy is already crashed. This guy has just come in with his chain saw, to set fire to the wreckage.

Another prog moron trying to blame Trump for COVID. When are you idiots going to tire of that?

 

[westwall]

And the drought that destroyed their economy, ignoramus?

Leftist policies destroyed their economy you, fucking moron.

 

[luiza]

What, is that some of that Brit off-key satire?

Never slow to see the funny side .
And ultra contrarian just to keep the half asleep awake .

 

[1srelluc]

Never slow to see the funny side .
And ultra contrarian just to keep the half asleep awake .

"You smarmy lagerlout git. You bloody woofter sod. Bugger off, pillock. You grotty wanking oik artless base-court apple-john. You clouted boggish foot-licking twit. You dankish clack-dish plonker. You gormless crook-pated tosser.

You churlish boil-brained clotpole ponce. You cockered bum-bailey poofter. You craven dewberry pisshead cockup pratting naff. You gob-kissing gleeking flap-mouthed coxcomb. You dread-bolted fobbing beef-witted clapper-clawed flirt-gill."

 

[francoHFW]

Leftist policies destroyed their economy you, fucking moron.

As usual you don't know a damn thing about it, just your knee jerk ideological BS for every situation. Global warming and two years of terrible drought ruined their economy.

 

[westwall]

As usual you don't know a damn thing about it, just your knee jerk ideological BS for every situation. Global warming and two years of terrible drought ruined their economy.

Good gosh but you are a retard.


"Argentina was plunged into a devastating economic crisis in December 2001/January 2002, when a partial deposit freeze, a partial default on public debt, and an abandonment of the fixed exchange rate led to a collapse in output, high levels of unemployment, and political and social turmoil. These events have raised questions regarding the country's relationship with the IMF because they happened while its economic policies were under the close scrutiny of an IMF-supported program. Furthermore, the IMF had been almost continuously engaged in Argentina since 1991, when the "Convertibility Plan" fixed the Argentine peso at parity with the U.S. dollar in a currency board-like arrangement. While Argentina experienced strong growth and very low inflation for much of the 1990s, it fell into a deep recession in 1998 and, partly because of the strictures of the convertibility regime, became increasingly constrained in its ability to use standard macroeconomic policy tools to engineer a recovery. As the economy slowed and international investors became nervous, the country's already high external debt service burden grew to a point where the debt became unsustainable.

Until shortly before the crisis, the country had been widely praised for its achievements in stabilization, economic growth and market-oriented reforms under IMF-supported programs. During the decade preceding the crisis, there were four successive financing arrangements for Argentina and its balance of outstanding credit to the IMF rose sharply after 2000 (Figure 1).1 The IMF also provided extensive technical assistance (TA) during the period, dispatching some 50 missions between 1991 and 2002, mainly in the fiscal, monetary and banking areas."

The Role of the IMF in Argentina, 1991-2002, Issues Paper/Terms of Reference for an Evaluation by the Independent Evaluation Office (IEO), July 2003

www.imf.org

"How would you like to live in a country with annual inflation over 100% and interest rates near that number? In Argentina, that’s the daily reality as the country grapples with a spiraling economic crisis — inflation there is the third-highest in the world, behind only Venezuela and Lebanon.

The International Monetary Fund has been the country’s financial lifeline for decades now through periods of economic growth and turmoil, but the relationship is — to put it mildly — complicated. Despite doling out billions of dollars, the international financier has never quite succeeded in turning the ship around, largely due to political pushback in Argentina against reforms and other conditions imposed as part of lending agreements."

How Argentina's economy crumbled - Marketplace

The nation’s economic crisis, marked by unhinged inflation, has been developing for at least a decade, says economist Monica de Bolle.

www.marketplace.org

Argentina’s Economic Crisis Never Went Away​

Argentines remain enmeshed in a populist policy trap as inflation soars past a whopping 70 percent.​

Argentina’s Economic Crisis Never Went Away

Argentines remain enmeshed in a populist policy trap as inflation soars past a whopping 70 percent.

foreignpolicy.com

 

[Moonglow]

WashPost TRIGGERED ‘Far-Right’ Javier Milei Won Argentina Presidency

¡Afuera! WashPost TRIGGERED ‘Far-Right’ Javier Milei Won Argentina Presidency

The Washington Post threw a temper tantrum over “far-right economist” Javier Milei sending a shockwave throughout the world with his victorious presidential bid against leftist Economy Minister Sergio Massa in Argentina.

www.newsbusters.org

20 Nov 2023 ~~ By Joseph Vazquez

The Washington Post threw a temper tantrum over “far-right economist” Javier Milei sending a shockwave throughout the world with his victorious presidential bid against leftist Economy Minister Sergio Massa in Argentina.
The Post attempted to denigrate Argentina’s president-elect as a “Trump-like radical” with “no governing experience” who rode a “wave of voter rage” to victory with 56 percent of the vote. The rag characterized Milei’s win as a “stunning upset” over Massa, “the center-left economy minister who has struggled to resolve the country’s worst economic crisis in two decades.” Oh, who knew that voters didn’t want to reward the government bureaucrat overseeing Argentina’s most horrific inflation crisis in decades a job promotion! The Post, behaving like the pathetic excuse for a newspaper that it is, mourned how “Massa sought to stoke fear over a Milei presidency they argued could threaten Argentina’s democracy and way of life.”
For the Argentine citizenry, The Post grumbled, “anger won over fear.” Or, perhaps voters simply chose to vote with their wallets. Consumer prices skyrocketed 143 percent in October on an annualized basis, according to Bloomberg News, which referred to Argentina’s economic situation as “dire.” In fact, Bloomberg News reported that Argentina’s annual inflation rate is set to reach a bone-chilling 185 percent by the end of this year, with GDP expected to contract two percent. But The Post just couldn’t stop taking pot-shots at the “wild-haired,” chain-saw “wielding” Milei:
~Snip~
The Post doom mongered that Milei’s election was going to have a “seismic effect on the economy” in the days ahead. Uh, more seismic than the economic crisis Argentines are already facing? “[Milei’s] proposals for dollarization have sent Argentines rushing to shed their pesos, causing the currency’s value to plunge,” cried The Post, already attributing policy failure to the libertarian president-elect before he even assumes office.
The Post should get a grip and maybe not let its Trump-Derangement-Syndrome infect every aspect of its reporting if it has any hopes of retaining whatever credibility it believes it has as a news source.


Commentary:
Hmm...., WAPO worries about Trump destroying democracy. To the left, democracy is great, unless the voters vote the ‘wrong’ way. Then it’s a ‘tantrum’.
The Argentinians were absolutely ecstatic last night.
You could tell they saved themselves from the fate of socialism and if Argentina turns itself around quickly, other SA countries will follow.
It's interesting how the establishment media gets more and more irrelevant daily. across the world, the people are totally ignoring what they have to say.
Brought to you by the people who consider AOC or Omar or Rashida moderate left at the very most.

Is the new president gonna fix the drought?

 

[francoHFW]

Good gosh but you are a retard.


"Argentina was plunged into a devastating economic crisis in December 2001/January 2002, when a partial deposit freeze, a partial default on public debt, and an abandonment of the fixed exchange rate led to a collapse in output, high levels of unemployment, and political and social turmoil. These events have raised questions regarding the country's relationship with the IMF because they happened while its economic policies were under the close scrutiny of an IMF-supported program. Furthermore, the IMF had been almost continuously engaged in Argentina since 1991, when the "Convertibility Plan" fixed the Argentine peso at parity with the U.S. dollar in a currency board-like arrangement. While Argentina experienced strong growth and very low inflation for much of the 1990s, it fell into a deep recession in 1998 and, partly because of the strictures of the convertibility regime, became increasingly constrained in its ability to use standard macroeconomic policy tools to engineer a recovery. As the economy slowed and international investors became nervous, the country's already high external debt service burden grew to a point where the debt became unsustainable.

Until shortly before the crisis, the country had been widely praised for its achievements in stabilization, economic growth and market-oriented reforms under IMF-supported programs. During the decade preceding the crisis, there were four successive financing arrangements for Argentina and its balance of outstanding credit to the IMF rose sharply after 2000 (Figure 1).1 The IMF also provided extensive technical assistance (TA) during the period, dispatching some 50 missions between 1991 and 2002, mainly in the fiscal, monetary and banking areas."

The Role of the IMF in Argentina, 1991-2002, Issues Paper/Terms of Reference for an Evaluation by the Independent Evaluation Office (IEO), July 2003

www.imf.org

"How would you like to live in a country with annual inflation over 100% and interest rates near that number? In Argentina, that’s the daily reality as the country grapples with a spiraling economic crisis — inflation there is the third-highest in the world, behind only Venezuela and Lebanon.

The International Monetary Fund has been the country’s financial lifeline for decades now through periods of economic growth and turmoil, but the relationship is — to put it mildly — complicated. Despite doling out billions of dollars, the international financier has never quite succeeded in turning the ship around, largely due to political pushback in Argentina against reforms and other conditions imposed as part of lending agreements."

How Argentina's economy crumbled - Marketplace

The nation’s economic crisis, marked by unhinged inflation, has been developing for at least a decade, says economist Monica de Bolle.

www.marketplace.org

Argentina’s Economic Crisis Never Went Away​

Argentines remain enmeshed in a populist policy trap as inflation soars past a whopping 70 percent.​

Argentina’s Economic Crisis Never Went Away

Argentines remain enmeshed in a populist policy trap as inflation soars past a whopping 70 percent.

foreignpolicy.com

Populists àt fault says fp.com

 

[francoHFW]

Good gosh but you are a retard.


"Argentina was plunged into a devastating economic crisis in December 2001/January 2002, when a partial deposit freeze, a partial default on public debt, and an abandonment of the fixed exchange rate led to a collapse in output, high levels of unemployment, and political and social turmoil. These events have raised questions regarding the country's relationship with the IMF because they happened while its economic policies were under the close scrutiny of an IMF-supported program. Furthermore, the IMF had been almost continuously engaged in Argentina since 1991, when the "Convertibility Plan" fixed the Argentine peso at parity with the U.S. dollar in a currency board-like arrangement. While Argentina experienced strong growth and very low inflation for much of the 1990s, it fell into a deep recession in 1998 and, partly because of the strictures of the convertibility regime, became increasingly constrained in its ability to use standard macroeconomic policy tools to engineer a recovery. As the economy slowed and international investors became nervous, the country's already high external debt service burden grew to a point where the debt became unsustainable.

Until shortly before the crisis, the country had been widely praised for its achievements in stabilization, economic growth and market-oriented reforms under IMF-supported programs. During the decade preceding the crisis, there were four successive financing arrangements for Argentina and its balance of outstanding credit to the IMF rose sharply after 2000 (Figure 1).1 The IMF also provided extensive technical assistance (TA) during the period, dispatching some 50 missions between 1991 and 2002, mainly in the fiscal, monetary and banking areas."

The Role of the IMF in Argentina, 1991-2002, Issues Paper/Terms of Reference for an Evaluation by the Independent Evaluation Office (IEO), July 2003

www.imf.org

"How would you like to live in a country with annual inflation over 100% and interest rates near that number? In Argentina, that’s the daily reality as the country grapples with a spiraling economic crisis — inflation there is the third-highest in the world, behind only Venezuela and Lebanon.

The International Monetary Fund has been the country’s financial lifeline for decades now through periods of economic growth and turmoil, but the relationship is — to put it mildly — complicated. Despite doling out billions of dollars, the international financier has never quite succeeded in turning the ship around, largely due to political pushback in Argentina against reforms and other conditions imposed as part of lending agreements."

How Argentina's economy crumbled - Marketplace

The nation’s economic crisis, marked by unhinged inflation, has been developing for at least a decade, says economist Monica de Bolle.

www.marketplace.org

Argentina’s Economic Crisis Never Went Away​

Argentines remain enmeshed in a populist policy trap as inflation soars past a whopping 70 percent.​

Argentina’s Economic Crisis Never Went Away

Argentines remain enmeshed in a populist policy trap as inflation soars past a whopping 70 percent.

foreignpolicy.com

Your last link says the problem has been THE populist policy trap of basically cutting taxes and cost of electricity at the same time. Exactly what trump and this new guy would try and it's going to produce a giant debt and inflation, which the article also blames on Putin not Biden of course. Crap propaganda is always wrong from you people

 

[westwall]

Your last link says the problem has been THE populist policy trap of basically cutting taxes and cost of electricity at the same time. Exactly what trump and this new guy would try and it's going to produce a giant debt and inflation, which the article also blames on Putin not Biden of course. Crap propaganda is always wrong from you people

There are dozens of links. All showing the economic situation is systemic, and has been going on for decades.

Color me unshocked that you are blissfully ignorant about the facts.

That's your MO.

Ignorance.....

 

[francoHFW]

There are dozens of links. All showing the economic situation is systemic, and has been going on for decades.

Color me unshocked that you are blissfully ignorant about the facts.

That's your MO.

Ignorance.....

The last link, from foreign policy, your only good source duhh. Populism is stupid and a disaster....

 

[LeroyDumonde]

I'm sure that this has nothing to do with Argentina's inflation problem.

Argentina Money Supply M1

 

[francoHFW]

I'm sure that this has nothing to do with Argentina's inflation problem.

Argentina Money Supply M1

Too bad there is no Biden down there who knows what he's doing for crying out loud ....POPULIST TRAP....