Milei's anarcho-capitalistic solutions will not solve Argentina's economic problems. If anything, they will heap even more misery onto the long-suffering Argentinians. Extreme and radical solutions are rarely the answer to anything. – © Mark Alexander
Showing posts with label anarcho-capitalism. Show all posts
Showing posts with label anarcho-capitalism. Show all posts
Saturday, February 03, 2024
What Experts Think of ‘Anarcho-capitalist’ Milei’s Plan to Dollarize the Argentinian Economy?
Milei's anarcho-capitalistic solutions will not solve Argentina's economic problems. If anything, they will heap even more misery onto the long-suffering Argentinians. Extreme and radical solutions are rarely the answer to anything. – © Mark Alexander
Tuesday, January 16, 2024
Argentina: A Journey into Discord | ARTE.tv Documentary
Thursday, November 23, 2023
Argentina Braces Itself for Its New ‘Anarcho-Capitalist’ President
THE NEW YORK TIMES: Javier Milei has said that society is better without government. Now he is about to run Argentina’s.
President-elect Javier Milei greeting supporters on Sunday in Buenos Aires. “The changes that our country needs are drastic,” he said in his victory speech. | Juan Ignacio Roncoroni/EPA, via Shutterstock
Javier Milei was first introduced to the Argentine public as a combative television personality with an unruly hairdo and a tendency to insult his critics. So when he entered Argentina’s presidential race last year, he was viewed by many as a sideshow.
On Sunday, he was elected Argentina’s next president, and is now tasked with guiding one of Latin America’s largest economies out of one of its worst economic crises.
Many Argentines awoke on Monday anxious, others hopeful, but just about everyone was uncertain about what lay ahead.
Perhaps the only certainty about the country’s political and economic future was that, in three weeks, a far-right political outsider with little governing experience was set to take the reins of a government that he has vowed to upend.
In other words, it is Argentina’s Donald Trump moment.
Mr. Milei, a libertarian economist and freshman congressman, made clear in his victory speech on Sunday that he would move fast to overhaul the government and economy. “Argentina’s situation is critical,” he said. “The changes that our country needs are drastic. There is no place for gradualism.”
Markets cheered his election, with Argentine stocks and bonds rising on U.S. exchanges (the Argentine market was closed for a holiday). Even without clarity on what he can accomplish, markets appear to view him as a better economic bet than his mostly leftist predecessors.
Failed economic policies — including overspending, protectionist trade measures, suffocating international debt and the printing of more pesos to pay for it — have sent the nation of 46 million people into an economic tailspin.
Annual inflation has surpassed 140 percent, the world’s third highest rate, leaving many residents rushing to spend or convert their pesos to U.S. dollars or cryptocurrencies as quickly as they can, while the country’s growing number of poor increasingly line up at food banks and soup kitchens. » | Jack Nicas, Natalie Alcoba and Lucía Cholakian Herrera, Reporting from Buenos Aires | Monday, November 20, 2023
Argentina se prepara para un presidente ‘anarcocapitalista’: Javier Milei ha dicho que la sociedad es mejor sin Estado. Ahora está a punto de dirigir el de Argentina. »
Read in Simplified Chinese : 阅读简体中文版 »
Read in Traditional Chinese: 閱讀繁體中文版 »
Javier Milei was first introduced to the Argentine public as a combative television personality with an unruly hairdo and a tendency to insult his critics. So when he entered Argentina’s presidential race last year, he was viewed by many as a sideshow.
On Sunday, he was elected Argentina’s next president, and is now tasked with guiding one of Latin America’s largest economies out of one of its worst economic crises.
Many Argentines awoke on Monday anxious, others hopeful, but just about everyone was uncertain about what lay ahead.
Perhaps the only certainty about the country’s political and economic future was that, in three weeks, a far-right political outsider with little governing experience was set to take the reins of a government that he has vowed to upend.
In other words, it is Argentina’s Donald Trump moment.
Mr. Milei, a libertarian economist and freshman congressman, made clear in his victory speech on Sunday that he would move fast to overhaul the government and economy. “Argentina’s situation is critical,” he said. “The changes that our country needs are drastic. There is no place for gradualism.”
Markets cheered his election, with Argentine stocks and bonds rising on U.S. exchanges (the Argentine market was closed for a holiday). Even without clarity on what he can accomplish, markets appear to view him as a better economic bet than his mostly leftist predecessors.
Failed economic policies — including overspending, protectionist trade measures, suffocating international debt and the printing of more pesos to pay for it — have sent the nation of 46 million people into an economic tailspin.
Annual inflation has surpassed 140 percent, the world’s third highest rate, leaving many residents rushing to spend or convert their pesos to U.S. dollars or cryptocurrencies as quickly as they can, while the country’s growing number of poor increasingly line up at food banks and soup kitchens. » | Jack Nicas, Natalie Alcoba and Lucía Cholakian Herrera, Reporting from Buenos Aires | Monday, November 20, 2023
Argentina se prepara para un presidente ‘anarcocapitalista’: Javier Milei ha dicho que la sociedad es mejor sin Estado. Ahora está a punto de dirigir el de Argentina. »
Read in Simplified Chinese : 阅读简体中文版 »
Read in Traditional Chinese: 閱讀繁體中文版 »
What an 'Anarcho-capitalist' Will Do for Argentina | DW Business
No tickets necessary for the roller coaster/big dipper ride you have embarked on. Javier Milei will give you a free ride. But don’t forget to take plenty of sick bags with you for it! You’re going to need them. – © Mark Alexander
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