I'm from Argentina and I'm a construction employee. A year ago, my wage was less than US$ 400, and I hardly could save any money. I had to run to the grocery store and buy as much as I could the second I got my paycheck. And often there would be shortages of some products, due to the control of prices. Now, one year later, my wage is almost 3x higher but my cost of living didn't rise as much. I can save again, I don't have to run to the store anymore and there are no empty shelves in the supermarkets. That's what Milei did in just one year. In my book he's not only a hero, he's already a founding father.
I am happy to hear your doing well, out of curiosity do you know any good companies in Argentina I kinda want to buy some shares, I don’t have a lot of expenses, but I do want to spend some dollars buying Argentina stocks, and getting usd into their money supply.
Errors in the video: 1. Argentina in the last year passed from exporting less than it imports, 1% GDP deficit to a 3,5% GDP surplus. 2. There were 2-3 months when the popularity of Milei went down but today his popularity is slightly higher than when he started 3. Protests this year went significantly down from last year because of the welfare system changes he made increasing direct help and erasing help to "welfare leaders" which kept from 2% to 50% of the welfare plans for themselves. There were reports of "welfare leaders" giving welfare help in exchange for sexual favors in one state. 4. Electrical bills subsidies were erased for rich people and reduced slightly for poor people (20% reduction). At the same time, wage inflation was a lot higher than food inflation (compensating for the electrical bill increase), which means the phrase “wealthy families are happy while the burden falls primarily on the working class” is just ignorant. 5. The CEPO (currency controls) were greatly relaxed, and now everyone can buy market options dollars for much more than 200 dollars. 6. Inflation is now at 2.4%, the central bank balance passed from 12,5 billion deficit to around 500 million surplus. 7. Milei passed 550+ laws, 400+ decrets, country risk went from 2400 to 700 and there are investment contracts of 20 billion with at least 30 billion more announced, which means “Investors are not trusting and changes will take time to materealize” is false.
8. I don't know where he took the information that government jobs where decreased by 70.000, there where decreased by 35.000 and increasing around 3.000 per month. It will be true in the future but this shows he is just inventing information.
9. At the start of the video he says the monthly inflation was reduced to 3,5% and later he shows a chart that shows that october inflation was 2,7%, he even contradicts himself.
I speak Spanish and follow their news a little bit. Recently the government cut some agency out of existence. It cost 300 million a year and it was found through an audit that 70+ percent of it was to pay just 29 employees
@@DemosBrutusby that logic, english isn't a language, it's just a person of England talking several native languages mixes together and then it keeps going with every language
People couldn't afford anything, not even the subway and bus tickets without the government subsidies, that tells you Milei didn't make us poor, we were poorer than we thought without even knowing it.
@@marcocappelli5124 Actually, every developed country on Earth developed by doing laissez faire free market rather than the modern quasi socialism that is sinking all of Europe and the US. The most recent examples of which are Ireland, Estonia and Poland. Taiwan and Hong Kong are also great examples of it. But don't you worry, I'll let time allow me to give a good laugh at all the Europeans technocratic snobs
Exactly, I find it crazy how some people got surprised it was as easy as electing the right president, no one thought that, it was never going to be easy
Sad thing is, there still are parasites making things harder and believing the previous management was okay. One friend from Tucuman told me about the existence of a Public Servant Syndicate and I was like WTF how and why???
inflation was totally going out of control.. if he didnt stop hyperinflation how high you think poverty rate would be?? he actually help the poor.. the house was burning, immediate action was needed
He translated inflation to dollars, all the savings got demolish and investment in the country got very expensive with new salaries wich actually didn't gain adquisitive power...
@@lucadappiano8758Ok, primero que es mentira, fueron 3 meses y apenas menos de 1%, segundo que aunque sea cierto hace la cuenta neta y se te cae el comentario a pedazos.
In fact, there was a moment almost at the end of the previous Peronist/Kirchnerist administration when inflation was already hovering around more than 1% daily, which was absolute madness. Even the government decided as a last resort to show the inflation index weekly because doing it monthly would result in high-digit inflation figures and that would further erode the already degraded image of the government. Personally, I remember that supermarkets did not have price tags because they were constantly marking them up, that is to say... we were on the verge of hyperinflation, luckily Milei arrived.
As a libertarian in the US. Im strongly hoping Milei's libertarian approach will make a difference in Argentina. Not just for the country itself. But to also show the world this works. Given that there is already results of improved living conditions so soon. Im hopeful that it will work out if he is given enough time and ability to turn things around. Fixing nearly a century of problems and broken ability is not fast.
The optimism surrounding Milei’s libertarian approach is certainly passionate, but let’s examine the claim of "already improved living conditions" with a critical eye. The idea that his policies have delivered tangible improvements in such a short timeframe is, unfortunately, not supported by the lived experiences of many Argentines. While some may feel hopeful due to ideological alignment, the broader reality paints a more complex and concerning picture. Argentina’s inflation rate remains crippling, with no signs of abating. Milei’s push for dollarisation may sound appealing as a theoretical solution, but it risks exacerbating inequality, eliminating monetary sovereignty, and leaving the country even more vulnerable to external shocks. Meanwhile, the removal of subsidies and the dismantling of public services have disproportionately impacted the most vulnerable populations, making basic necessities less affordable and deepening poverty. The notion that Argentina could become a showcase for libertarianism’s success is rooted in ideology rather than evidence. Economic systems are complex, and the sweeping reforms being implemented require time-not just to take effect but also to demonstrate whether they are viable in the long term. The immediate results, however, suggest a widening gap between the rhetoric of prosperity and the reality on the ground. To truly "turn things around," policies must address the root causes of Argentina’s economic instability: corruption, inefficiency, and a lack of inclusive growth. Pragmatic, evidence-based reforms that balance fiscal responsibility with the needs of the population are essential. Simply dismantling the state without providing viable alternatives risks creating a void that market forces alone cannot fill. Hoping for a better future is natural, but declaring early success when so many are still struggling is premature. Real change is measured by stability, equity, and the long-term well-being of all citizens-not by ideological satisfaction or isolated anecdotes. Milei’s approach will ultimately be judged not by its intentions but by its outcomes, and right now, the evidence of improved living conditions remains largely absent.
@@rekagado Ah, yes, the ultimate crossover episode: "Make Argentina Great Again" meets "Very Libertarian Libertarian Country." What a thrilling spectacle! Next year will be a blast, you say? Of course-nothing screams "economic fireworks" like soaring inflation, public services crumbling, and the middle class evaporating faster than a peso on the free market. Truly, the libertarian dream is alive and well! But let’s not stop there. MAGA for both countries? Absolutely brilliant. Because who wouldn’t want to emulate a slogan that brought record-breaking division and chaos? Surely that’s the blueprint Argentina needs right now-more polarisation, more blind loyalty to ideology, and less focus on solving actual problems. It’s a perfect recipe for success, if by "success" you mean giving internet trolls like you endless material to peddle. And VLLC-Very Libertarian Libertarian Country? Stunning branding! I’m sure the millions struggling to afford basic necessities will feel comforted by the knowledge that they’re part of such a principled experiment. After all, who needs food and healthcare when you have the freedom to… what exactly? Oh right, to watch the ultra-rich thrive while the rest are told to "bootstrap" their way out of poverty. So yes, my friend, I’m sure next year will be a blast-for you and your troll factory. For the rest of Argentina? Not so much. But hey, at least you’ll still be here, spinning tales of a libertarian utopia while the country grapples with the consequences. Bravo!
is very unfair to judge someone who has only been in office for 1 year for the damage that started in the 50's. don't get me wrong, i'm not a milei fan, i even come from a different continent (Indonesia). but yaa milei policy must be taken and even it is painful for... yeaa maybe in the next 5 years, my country has implemented populist policies but actually it is poison and hell for my generation for right now but i believe things will be better in the future. Cheer up Argentinians!
As a libertarian in the US. Im strongly hoping Milei's libertarian approach will make a difference in Argentina. Not just for the country itself. But to also show the world this works. Given that there is already results of improved living conditions so soon. Im hopeful that it will work out if he given enough time and ability to turns things around. Fixing nearly a century of problems and broken ability is not fast.
@geronimo5537 I don't even believe in certain political spectrums. For me, left wing only impoverishes society, and right wing only widens the gap between the people and oligarchy. Humans have survived for thousands years through pragmatism, and even with all the technological innovations today, a pragmatic approach is still answer to it all. And in my opinion, if the answer is only the left wing or the right wing, andthen take the positive aspects from both sides of the spectrum and discard the negatives. But for Argentina's situation, indeed to defeat the left, it must adopt right-wing policies so that Argentina can still exist as a country.
@@bimantaraadityawarman1734 honestly its always been that way in history. one political side dominates for a few decades before people swing in the opposite direction for a few decades. if you read into history this pattern is pretty much how it always goes in any culture. there is no perfect method of course. however prosperity always comes when there is a balance of both political direction at the same time. either extreme just leads to problems or suffering in some form. which is why I prefer a more center viewship. Simple because history shows that is how a golden age remains. Atleast until the left or right feel the need to control again; causing an imbalance in the force.
@@bimantaraadityawarman1734Argentina no derecha, no ser nacionalista, ser partido desesperado, ser un partido político de foco económico, y limitaciones. Argentina hacer todo mal, Estado malo malo, hacer gente pobre, robar mucho, derecha Argentina igual. Mieli ser milei. Partido de la leche con chocolate, pro comercio con, China y usa. Dejar a los ciudadanos hacer lo que quieran, lejos de derecha pero llevarnos bien con coservadores
@@geronimo5537 As a Libertarian from Brazil, Milei and Argentina don't need prayers. We here are watching our neighbors VERY closely, and the comparison is staggering. Argentina is getting richer FAST. The media will lie in the US and EU because you guys are very far, but they can't deceive us here because we are seeing things unfold. Milei has ALREADY SAVED ARGENTINA. From 2025 forward, they are only going to surf into the blessings. Worry not. I myself am making plans to move to Argentina and forget Brazil for good!
0:40 false! Poverty rates have NOT increased by 50%. They were a little below 50 (assuming that the previous administration was measuring it correctly, which I doubt), they went up a little over 50 and now are back below 50 but inflation going down and with the economy expected to grow next year
Correcto mi amigo, en año pasado, antiguo candidato presidente (Massa) emitió mucho mucho (12 PBI) todo eso volver gente muy pobre con inflacion alcista, nosotros retomar cubra, bajar pobreza 10 puntos, pero no tanto mérito milei, ser curva y rebote. Ahora tener 2025 para bajar con buenas políticas, difícil! Congreso malo! Pero tener FRANCO FRANCO FRANCO! ver que pasar!
@@gianlucagames8299its gone down from 51% to 38.9% in the 3rd quarter of 2024, theres still data from the 4th to come, and it will certainly go down even more
the good old "let’s massage the numbers and blame the previous administration" routine. Classic move. So, the poverty rate was "a little below 50," then it went "a little over 50," and now it’s "back below 50"-all while inflation is apparently on a downward trajectory and next year’s economy is poised for growth? Let’s unpack this conveniently rosy narrative. First, arguing about tiny fluctuations around the 50% poverty mark as if it’s a victory completely misses the point: half of the population is living in poverty. Whether it’s 48%, 50%, or 52%, it’s a catastrophic figure. Instead of debating decimal points, the focus should be on how to address this humanitarian crisis. Milei’s policies-dollarisation, austerity, and drastic cuts to public spending-are not aimed at reducing poverty but at appeasing markets and dismantling the state. This doesn’t help the 50% living in poverty; it deepens their struggles. Second, the claim that "inflation is going down" sounds promising, but let’s be real: lower inflation doesn’t automatically translate to improved living conditions, especially if wages continue to lag behind costs and essential services become less accessible. For the poor, inflation isn’t just a number-it’s the difference between eating three meals a day and skipping dinner. Without targeted interventions to raise incomes and protect access to basic goods, even a drop in inflation won’t ease their suffering. Finally, let’s address the hopeful "economy expected to grow next year" claim. Economic growth on paper doesn’t mean much if it’s not inclusive. If the benefits of that growth are concentrated among the wealthy while the poor continue to struggle, then it’s little more than a statistical mirage. Argentina has seen this pattern before: GDP ticks upward, but inequality worsens, and the majority of citizens are left behind. So, while you celebrate marginal fluctuations and optimistic forecasts, the reality for millions of Argentines remains bleak. Poverty isn’t just a number-it’s a lived experience, and until policies are implemented to genuinely address inequality and provide opportunities for upward mobility, those numbers are nothing more than a convenient distraction from the real issues.
@@JosephCotten-j5m sir, I was only poiting out that the video makes a completely false claim. Poverty did not increased BY 50%. If so, it would have gone from around 48% to 72%. I agree, such high poverty rates are a disgrace, caused by decades of bad administration. By the way, recently it was made public that, according with estimations made by two universities (trust me when I say that the educiational institutions do not support Milei), poverty went down to around 39% by the end of the 3rd quarter. However, I couldnt disagree more with you when you say that lower inflation rates do not improve living conditions, or that economic growth "on paper" does not "mean much". I dont know where you live, I have lived un Argentina my whole life, under the intervencionists policies that you support (save from the current government) and every year the situation had gone worse until Milei started to addopt sane fiscal policies.
In the end it will work out for better. He was very bold for shutting down unnecessary inefficient government departments. Also cutting unaffordable subsidies.
@@AlecMuller Its not but there cant be normal education without planning and expertise. Cutting everything is simple and stupid. Cutting inefficient parts and empovering efficient is hard and actually helps.
@@AlecMuller Cutting funding to the ministry of education means a building that represent the ministry of education with no one in it. You work it out mate.
@@diegoubaque6387 I would buy a small position on Argentinean companies. If thigs get better the way it seems are going to be, that will mean two things: (a) insane gains on your position (b) the pressure will be on the other latin american countries to reform.
Afte watching his speech in the Mercosur 2024 I confirm he is making history and bringing back values that were lost for decades. I think he is not only important for Argentina, he is open eyes to the western world. Europe and All America and countries that want real freedom should listen to this man
The fight for freedom is everyday even if everything is at your favor. Freendom is hard to obtain and it doesn’t come easy. We need to remember this every day
@@agustinmarconi838Seguílo llorando kuka, tu jefa se juntaba con terroristas iraníes y dictadores como Maduro, Milei es un ejemplo para todo el mundo libre.
He is not "just a pragmatic leader with common sense", he has heroically amounts of courage and determination, combined with huge knowledge base of economics, cultural affairs, and political strategies. Perfect timing just before the crisis. The only politician I am aware that do what it says without falling in the temptation of grabbing money and to negate his voters. Think twice about him not being a hero.
the "pragmatic leader with common sense" narrative-what a tidy way to frame a highly polarising figure whose policies have thrown Argentina into even deeper turmoil. Let’s take a closer look at this supposed "pragmatism." Pragmatism implies balance, foresight, and solutions tailored to the complexities of the situation. Yet Milei’s approach is anything but balanced. Slashing public spending indiscriminately, advocating for dollarisation without addressing structural inequalities, and dismantling institutions without providing functional alternatives are not pragmatic-they are ideological gambles. Pragmatism doesn’t mean burning down the house because the roof is leaking; it means fixing the roof without destroying the entire structure. And then there’s the matter of "common sense." Common sense would dictate protecting the most vulnerable during economic reforms, ensuring that basic needs like healthcare, education, and food security are met. Instead, Milei’s policies have disproportionately impacted the poor while favouring those who already have access to resources. Common sense would also suggest gradual, well-planned reforms to avoid social upheaval, not rushing into extreme measures that deepen inequality and unrest. So, neither hero nor madman? Fair enough-let’s call it what it really is: an ideologue masquerading as a pragmatist, pushing policies that might look good on paper to libertarian theorists but are proving disastrous for the very people they’re supposed to help. Pragmatism is about results, not rhetoric. And so far, the results tell a very different story.
@JosephCotten-j5m Milei is so polarizing due to his antics and brash personality, while his politics and policies are largely "normal" for country in crisis (similar to how Greece, Portugal, Zimbabwe, 1920s Weimar Germany, 1998 South Korea, etc using the proven "austerity measures" during their economic crisis). Tell me, what is so extreme about Milei's policies? Stop propping up currencies? Slashing the size of the bureaucracy? Stopping many public services and social programmes? Capital control? Well, Greece, Portugal, and South Korea did that too. They are normal and IMO very much to be *expected* to stabilize your economy and fix the fundamentals. So, aside from his explosive personality, Milei is actually just a pragmatic leader, enacting pragmatic policies to save Argentina's economy, with the support of the majority of the voters.
In less than a year, he has done much more than all the presidents in the last 40 years. He will possibly be remembered as the best president in history
Or the worse depending on how he plays this one wrong move could end in catastrophe bit the country was heading thar anyways before him so why not gamble
@@Jack-4v yes, he has that risk, if he fails, everything will be blamed on him, if he succeeds he saved the country from collapse, so not that big of a risk.
They should also differentiate between *who* entered or left poverty. If real private-sector wages go up, it's a win in my book, regardless of what real government-sector wages do. Lumping the private & government sectors together masks how horribly wasteful government can be.
the "poverty didn’t increase; the government just stopped lying" argument-an interesting twist that shifts the blame from actual policies to the supposed dishonesty of past administrations. Let’s unpack this claim with some logic and facts. First, even if previous governments manipulated poverty statistics, the reality remains: poverty in Argentina is at devastating levels, with nearly half the population struggling to meet basic needs. The exact percentage may vary depending on methodology, but the day-to-day experiences of millions of Argentines don’t lie. Whether the official number was understated before or not, the reality on the ground hasn’t improved-and Milei’s policies so far show little sign of reversing that trend. Second, transparency is important, but it’s meaningless without solutions. Suppose the current government is indeed more honest about poverty rates. In that case, it’s not enough to simply reveal the harsh truth-you need policies that address it. Slashing subsidies, gutting public services, and pushing for dollarisation aren’t helping the poor; they’re making life harder. Honesty doesn’t feed families, improve healthcare, or provide access to education. Finally, blaming previous administrations might score rhetorical points, but it doesn’t change the responsibility Milei now bears as president. If poverty remains high-or worsens-under his watch, it’s not enough to say, "Well, they lied about it before." Effective leadership is about taking action to create real change, not pointing fingers at the past while failing to deliver meaningful results. So, even if past governments fudged the numbers, Milei’s task is clear: implement policies that actually lift people out of poverty. So far, there’s little evidence that his approach is doing that. Transparency without solutions is just another empty gesture.
"Milei is the best South American leader now," a bold claim if there ever was one. Let’s see, what criteria are we using here? Is it the record-breaking inflation still plaguing Argentina? The skyrocketing poverty rates? Or maybe the fact that his policies have turned public services into a survival-of-the-fittest scenario where only the privileged thrive? If those are the benchmarks for leadership, then yes, Milei is surely leading… in creating chaos. But let’s entertain this for a moment. If being the "best" leader involves dismantling institutions without providing viable alternatives, then he’s doing an excellent job. Dollarisation? A genius move to hand over Argentina’s monetary sovereignty to the US Federal Reserve, ensuring the country has no tools left to manage its own economy. Cutting subsidies? Brilliant, because who needs affordable transportation or utilities when you have "freedom"? And let’s not forget his vision for the future: a libertarian paradise where the market solves everything-except, of course, poverty, inequality, or basic human needs. Now, if we’re comparing leaders, we might want to look at tangible results. Brazil’s Lula, for instance, has implemented programs aimed at reducing poverty and promoting social equity. Chile’s Boric is focusing on constitutional reform and addressing inequality. These are complex challenges, but they’re being tackled with policies aimed at inclusivity, not ideological purity. Meanwhile, Milei’s vision seems to prioritize the dismantling of the state over addressing the immediate needs of his citizens. So, if by "best" you mean the loudest, most ideologically extreme leader making headlines, then sure, Milei is at the top of the leaderboard. But if we’re talking about leadership that genuinely improves lives, fosters stability, and builds a sustainable future, then perhaps the crown is a bit premature-and very misplaced.
@@JosephCotten-j5m I can't say he's the best now. I'm a passive witness. He's doing something no one has ever tried. Argentina was underperforming and past gouvernment were total incompetent. They went bankrupt thrice in the 21st century. It's unsustainable. There's a reason he was elected in Argentina. I'm not sure it would happen elsewhere.
@@JosephCotten-j5mYou gave to give the guy some credit. He didn't sugarcoated it saying that everything would be fine in a night. I'll be honest, I skeptical. And it's not because he succeeded in Argentina that you could replicate that everywhere. One thing for sure, my gouvernment promises tons of things he can't pay for. And none dares to stand up against and say the truth because they also want to be elected so they juggle with populism and empty slogan.
Really, you don't know the change that has taken place in Argentina. You can see a lot of economic achievements, but society is at a stage of development that was abandoned by politicians who wanted you to depend on them. Now everyone wants to start their own business.
Ah, Make Argentina Great Again! 🎉 The slogan is catchy, no doubt, but let’s pause the confetti and take a hard look at what’s actually happening. Is "greatness" about skyrocketing inflation, where basic necessities become unaffordable for millions? Is it about slashing public services so that only the wealthy can access education and healthcare? Or maybe it’s about implementing dollarisation, handing over economic control to the US Federal Reserve, and leaving Argentina without tools to manage its own economy? If so, then sure, we’re on the fast track to greatness. But slogans don’t solve problems. What Argentina needs isn’t ideological catchphrases but practical, inclusive policies that lift people out of poverty, stabilise the economy, and build long-term resilience. True greatness isn’t about dismantling everything for the sake of libertarian purity-it’s about creating opportunities for everyone, not just the privileged few. So while the chants of Make Argentina Great Again may sound uplifting, they ring hollow without tangible improvements in the lives of ordinary Argentines. Until then, it’s just a slogan-a distraction from the real work that needs to be done. 🎉
@JosephCotten-j5m what you are saying is contradictory. you can't lift people from poverty in the short term AND aim for long term stability. doing so would require a lot of money which argentina doesn't have. unfortunately it's a country that has dug itself into a hole and now has to suffer in the short term for long term gain. milei has extreme policies but extreme times require extreme measures
Prosperity doesn't come out that way overnight. What Most people see at a glance-wealth, a perfect career, purpose-is the results of hard labour and hustle over time. I pray that anyone who reads this will be successful in life...
Too many people are the type to put 2 bandaids on a festering wound that just needs air because taking off the first bandaid resulted in pain from pulling hair.
In the long run, this guy will be beneficial for Argentina. But that's the issue. For something to be good in the long run, it may not be good in the short run
What’s happening in Argentina is probably what should have happened in America in 2008 and probably again in 2020. Immediate pain, but long lasting affordability and economic stability. We weren’t willing to let our economy crack due to poor, lending and business practices, and instead we bailed out the very entities that caused the crisis to begin with and caused the destruction of our currency and poor affordability
Argentina's economy has been a mess for years, from what I understand there are some improvements. I don't know if there's a light at the end of the tunnel, things down there are quite confusing to an American like me.
Hi Things are improving dayly. Next year will be a blast.expecting 10 % growth Vaca Muerta(oil gas) ,minerals etc are starting to expand expecting by 2030 50 billions on exports
What did these people expect when they voted him into office? If changing your economic outlook was easy, then all of your presidents over the last few decades would have done it. Also upending your economic system is going to bring a lot of pain before it gets better, which for Argentina makes sense. Can’t say the same for the U.S. ….
Your last gamble on not becoming Argentuela, yet there is always the chance of a setback so keep in mind it goes beyond the guy... ideas are more important than people
Dude, you're even reading wrong the charts (he needs to bring the inflation down to less than 2'5%, points at 2'7 in October, while saying close to 3'5 currently...) try looking at the charts now, it has dropped further than the 3'5 you mentioned. The rate of poor people was already around 47%, it has increased to 51% true in june, but since it has dropped below the prior 47% before he being president, and with data projecting even better results. His popularity dropped one month, and now is higher then 50% precisely because he does what he promised. Don't judge the whole year with part data please, now in December they will show the information regarding the whole year, also in the last quarter, dont use information frlm the first semester to judge the whole year ....
Nah. Things are much better now. Poverty is pretty much the same as a year ago (which is crazy high) but at least the economy is starting the improve as well and real non-state employment is going up. But the effects on the broader economy will only be seen in about 5 to 10 years.
A Milei type leader is what every country needs. He is going amazing work in reducing the size and reach of the state, and that can only be a good thing. And the inflation results are just one brilliant thing. He is fast becoming a legend. Wish we had someone like him in the UK.
please update your data: Poverty Rate Development in 2024 (since Milei took office): Poverty Rate: 1st Quarter: 54.8% 2nd Quarter: 51.0% 3rd Quarter: 39.9% Subcategory: Extreme Poverty: 1st Quarter: 20.2% 2nd Quarter: 16.0% 3rd Quarter: 8.6% Reason: Nothing fuels poverty as relentlessly as INFLATION, which Milei has tackled with extraordinary efficiency through fiscal discipline. (from 25% per month to around 2,5% per month!)
He literally made the budget of Argentina go surplus and now accumulating enough resources to abolish the central bank and make room for currency competition. What on Earth do you have any other country that can provide you freedom of currency? Furthermore he reduced the monthly inflation from %20 to %2 and if you are still saying there is no hope i would say just sit and watch how Milei is saving his country for years to come.
This video is full of false or outdated information, and most of those are making the government look worse. There are too many for me to enumerate, but one of the most representative is that Milei's approval rate is higher than it was when he was voted in; it didn't fall every month like you said. Get your facts straight; it is not just about nice graphics.
One of the mn heads of the union community, Pablo Moyano, tried to make a massive strike several weeks ago... He ended up quitting his position because he couldn't rally enough people. People are tired of unions.
If you're from Argentina and you don't believe Milei, just look at polish counterpart that did similar thing - Balcerowicz. Look at Poland today because if you leave Milei in power, he will do the same to Argentina.
This video is old news. Argentine economy has already recovered from government expend cuts and the peso has recovered a lot of value during the lasts months.
the beggining is wrong!! im an argentinian living in Buenos Aires. Poberty decreased every month (38% now) and his popularity only decreased a bit on september, now is on his highest
i'm from Argentina, and Milei's ratings are not falling, when he assumed presidency 13 months ago his popularity was 54% positive, he had a slight drop to 49 on May, but since then he regained popularity and now is back with an approval of 54%. also, protest, lead by the oposition, were an issue early when started his presidency, but they went to a full stop when money was cut off from the organizations that forced people to march, now there are nearly no protests and certainly there are no streets taken by protestors, which was a common practice back in the day. There are still some protestors who don't do it for money but their numbers are nothing compared to before his administration.
1:26 the price of the subway didn't icrease, it just got real (the subsidy was taken out, and this subsidy was only ever working on Buenos Aires, basically the entire country was paying for the transport of ONE city)
Few mistakes in this video: 1- CEPO wasn't created by milei, it was created in 2011 by a peronist government . The whole point of the spending cuts resulting in a fiscal surplus is to balance the amount of USD and pesos to remove the CEPO once and for all without the risk of devaluating the peso usually caused by a massive USD buy orders from the people. When all the pesos circulating in the economy equals the amount USD in the central bank reserve it'll be the right timing to remove the CEPO. 2 - Milei doesnt wanna dollarize the economy, he wants a free currency competition, in which the people decides what currency they wanna use (including the peso) , Milei , and i think he is right and by far my favorite policy of the current government, is to make the peso stronger causing the return of trust in the local currency and also giving the peso some advantages against whatever other currencies. 3 - The spending cuts affects mostly low middle class, specially public workers. Middle class who works in the private sector are gaining more purchasing power. Also retired people (jubilados) are affected negatively since they depend on the state for their income. Maybe middle class has a different meaning in the UK.
11:35 its not dollarization. its free competition of currencies meaning shops and people can decide in which currency they want to use it can be dollars, pesos, euros, etc. Also why don't you mention any about last government. And also you say there is no support in many plans , but Milei y the president with the most Votes in the history of Brgentina
well that certainly didn't happen in 2024 since we are the only country in latin america apart from haiti which gdp decreased, inflation and poverty rose and corruption is fucking wild
In the Lex Fridman interview, Milei made a point of differentiating between "dollarization" and "currency competition", and claims he's pushing for the latter. Hopefully he delivers.
I live in Buenos Aires Argentina and my family does quite well but I can tell you from first hand experience that if Milei doesn’t get results by the end of 2025 there is no shot of him getting reelected. I have seen the way prices have increased, for example in mid 2023 I used to eat some high quality sushi every Saturday with my family of 3 for roughly 37 USD, yesterday I went out to eat KFC and the meal for 3 people costed roughly 34 USD so in a bit more than a year fried chicken is now more expensive than sushi. I have also noticed the rising amounts of homelessness and theft happening in the country and I am fully aware that though Milei’s intentions are good he’s being to drastic and leaving no breathing room for low income people. As an Argentine myself I really don’t know what’ll happen but I do hope that this country will turn its economy around and relive its glory days of the 1920s 🇦🇷🇦🇷🇦🇷
well,yup, kinda, but the inflation and some drastic changes still makes suffer to an average argentinian like me, the capitalism is not always a good choice
As a Mexican, it sounds to me pretty similar of what the PRI party used to be. A center center/left party with a lot of policies aimed at unions, state owned companies and subsidies. These policies can work for some time but eventually just indebts the economy and spirals into inflation and lack of productivity.
Cutting government trades current wealth for future growth, it's not liked in almost any democracy because people are too busy focusing on short term gain
Honestly would take Milei more seriously if the pain was also felt by the upper classes. Alas not. Just will end up creating a low inflation fuedal society.
@@MartinRichardi he doesn't believe there would more starvation in a contemporary society with hiperinflation than in a strike of dry years in a middle age feudal society
Rich people are always the ones that feel the changes less, no matter the policies. Rich people have diversified assets, which shelters them from pretty much all pain. So your complain is not logical, it comes from class resentment.
@@danielpirez381 What's logical about justice and fairness? This attitude is emblematic of those with no ethics. Those who believe that if you're poor you shouldn't get healthcare or education because your were born into that class and taking from the rich is a product of 'resentment'.
Es mentira, la situación esta mejorando, los ingresos de los trabajadores aumentan, la balanza comercial es positiva. Las cuentas públicas están ordenandose, hay superávit, su popularidad crece.
The portrayal of Javier Milei as a saviour of Argentina, championing libertarian principles and promising an economic miracle, is perhaps one of the most dangerous deceptions currently unravelling in the country's history. His rhetoric, while wrapped in the guise of economic rationality and personal freedom, has laid the groundwork for policies that are not only unsustainable but also deeply destructive to the social fabric and economic stability of Argentina. The reality behind Milei's agenda is a dismal tale of ideological extremism masquerading as reform, one that is systematically eroding the nation’s institutional foundations and creating a future riddled with inequality, disillusionment, and chaos. Milei’s primary narrative revolves around the idea of dismantling the state, promoting the dollarisation of the economy, and cutting public spending to the bone. He argues that these measures will liberate Argentina from decades of economic mismanagement and rampant inflation. However, the practical implementation of these policies has already begun to reveal their catastrophic consequences. Dollarisation, for instance, which Milei touts as a panacea for inflation, ignores the critical nuances of Argentina's economic structure. It deprives the country of monetary sovereignty, leaving it unable to respond to external shocks or manage its own economy effectively. Furthermore, this policy would disproportionately benefit the wealthy elites, who can more easily access and accumulate dollars, while leaving the working class and vulnerable populations grappling with skyrocketing costs and diminished purchasing power. The drastic cuts to public spending, which Milei promotes as a necessary step to reduce the fiscal deficit, are equally shortsighted and socially devastating. By slashing funding for essential services such as education, healthcare, and social welfare, his government is not only exacerbating inequality but also undermining the very foundations of social mobility and economic opportunity. Public education, a critical pillar for the future development of any nation, is being starved of resources, leaving millions of children without access to quality learning environments. Healthcare systems, already struggling under years of neglect, are crumbling under the weight of budgetary constraints, forcing the most vulnerable to fend for themselves in a landscape of worsening poverty and limited access to care. Moreover, the social repercussions of Milei’s policies extend far beyond economics. His divisive rhetoric, often peppered with attacks on traditional institutions and his disdain for social justice, is fostering a climate of polarisation and social fragmentation. The erosion of trust in government and institutions, a cornerstone of his libertarian ethos, is breeding widespread cynicism and alienation among citizens. This toxic environment is fertile ground for social unrest, as communities feel increasingly abandoned and unheard. In the long term, the consequences of Milei’s agenda will be deeply entrenched. The dismantling of regulatory frameworks and the aggressive pursuit of privatisation are setting the stage for a concentration of wealth and power in the hands of a select few, leaving the majority to endure worsening economic conditions. The promised "economic freedom" will, in reality, translate into a survival-of-the-fittest scenario, where only the privileged thrive while the rest are left behind. The depletion of public infrastructure and the absence of a coherent social safety net will render future generations ill-equipped to face global challenges, trapping Argentina in a cycle of dependency, stagnation, and despair. The economic damage, coupled with the loss of social cohesion and institutional integrity, will not be easy to reverse. Even if a future government seeks to undo the harm, the scars left by Milei’s policies will take decades to heal. Trust in public institutions, once shattered, cannot be easily restored. The degradation of public services and the erosion of social protections will leave a legacy of inequality and division that will haunt Argentina for generations. Milei’s lies are seductive because they offer simple solutions to complex problems, appealing to a populace desperate for change after years of corruption and economic mismanagement. Yet, the reality is that his policies are neither innovative nor liberating; they are a rehashing of neoliberal experiments that have failed time and again in Latin America and beyond. The cost of this grand deception will be borne by ordinary Argentinians, who will find themselves paying the price for years of misguided ideology dressed up as economic salvation. It is a cautionary tale of what happens when ideological zealotry trumps pragmatism, and when the allure of quick fixes blinds a nation to the complexities of its challenges and the long-term consequences of its choices.
I fully trust Javier Milei, his Government Plan and his Team to recover Argentina from its chronic crisis. The Politicians who governed Argentina until 2023, only left as a legacy: +Inflation, +Poverty, +Indigence, +Fiscal Deficit, +Public Debt, +Insecurity, +Drug Trafficking. Long Live Freedom.... Carajo
I'm pro Milei, and for me it's good to hear some critizism, I don't want to be a phanatic. But, I think that cutting social benefits or subsidies wouldn't be so damaging if the Argentinian parlament had approved the original version of the "Ley de Bases". The approved version is very limited one. For instance, the original version aimed to privatize 40 or 50 companies. The approved version only allowed to privatize 2. The idea of Milei is substituting the social subsidies for salaries. This is the Liberal approach. And you can't blame him to stay faithful to his ideas and the electoral program that Argentinian people voted. If people wanted to keep socialdemocrat measures in a broken country, well, in that case they should have voted for the kischnerism.
This report is completely wrong. Today the image of Milei is growing month after month. There are no more protest. Even the criminal activity related to narcos in Santa Fe has significantly dropped. There is a long way to go, but things are improving fast.
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Misinformation video/channel
Blocked
theres no actual way argetinia rightnow will work longterm right?
Saying Milei's approval ratings have fallen every month is a blatant lie, they only fell in June and July and then ticked up again. TRUE!
His approval ratings have not dropped over the year he has been in power
He started his term with 51 and is at 53 now
It did fall a lot until september
Not true, hes approval is at about 45% which still is high for what hes doing
@@Nerthossome says over 65% and must be true
I'm from Argentina and I'm a construction employee. A year ago, my wage was less than US$ 400, and I hardly could save any money. I had to run to the grocery store and buy as much as I could the second I got my paycheck. And often there would be shortages of some products, due to the control of prices. Now, one year later, my wage is almost 3x higher but my cost of living didn't rise as much. I can save again, I don't have to run to the store anymore and there are no empty shelves in the supermarkets. That's what Milei did in just one year. In my book he's not only a hero, he's already a founding father.
el unico argentino que tiene para comer xD
@@Erjeneral lloralo kuka
@@Erjeneral La polenta no cuenta, te aviso por si te sentis canchero.
😂😂😂
I am happy to hear your doing well, out of curiosity do you know any good companies in Argentina I kinda want to buy some shares, I don’t have a lot of expenses, but I do want to spend some dollars buying Argentina stocks, and getting usd into their money supply.
Errors in the video: 1. Argentina in the last year passed from exporting less than it imports, 1% GDP deficit to a 3,5% GDP surplus.
2. There were 2-3 months when the popularity of Milei went down but today his popularity is slightly higher than when he started
3. Protests this year went significantly down from last year because of the welfare system changes he made increasing direct help and erasing help to "welfare leaders" which kept from 2% to 50% of the welfare plans for themselves. There were reports of "welfare leaders" giving welfare help in exchange for sexual favors in one state.
4. Electrical bills subsidies were erased for rich people and reduced slightly for poor people (20% reduction). At the same time, wage inflation was a lot higher than food inflation (compensating for the electrical bill increase), which means the phrase “wealthy families are happy while the burden falls primarily on the working class” is just ignorant.
5. The CEPO (currency controls) were greatly relaxed, and now everyone can buy market options dollars for much more than 200 dollars.
6. Inflation is now at 2.4%, the central bank balance passed from 12,5 billion deficit to around 500 million surplus.
7. Milei passed 550+ laws, 400+ decrets, country risk went from 2400 to 700 and there are investment contracts of 20 billion with at least 30 billion more announced, which means “Investors are not trusting and changes will take time to materealize” is false.
8. I don't know where he took the information that government jobs where decreased by 70.000, there where decreased by 35.000 and increasing around 3.000 per month. It will be true in the future but this shows he is just inventing information.
9. At the start of the video he says the monthly inflation was reduced to 3,5% and later he shows a chart that shows that october inflation was 2,7%, he even contradicts himself.
👏👏👏👏
10. Poverty has decreased from 55 to 38 per cent in the last fourth months of the year.
I disliked the video, this dude didn't check the information before publishing.
I speak Spanish and follow their news a little bit. Recently the government cut some agency out of existence. It cost 300 million a year and it was found through an audit that 70+ percent of it was to pay just 29 employees
210 million between 29 people is 7 million plus 5 years of my salary (241k, - I make 43k per year as a single father to my 2 boys.)
Eat the rich.
@@magillakilla9517 Spanish is not a language.
@@DemosBrutus huh? 🤣
@@juliansfc A Spanish is a person from Spain who speaks several native languages, none of which are called Spanish.
@@DemosBrutusby that logic, english isn't a language, it's just a person of England talking several native languages mixes together and then it keeps going with every language
People couldn't afford anything, not even the subway and bus tickets without the government subsidies, that tells you Milei didn't make us poor, we were poorer than we thought without even knowing it.
Which would eventually end very badly ones they couldn't print thar way out anymore
Argentina was going down to become Venezuela. Now, it will become Denmark.
@@Phookutube Ehhh, Denmark is very far away from Milei's model. No country has ever developed by doing what Milei is doing.
@@marcocappelli5124
Actually, every developed country on Earth developed by doing laissez faire free market rather than the modern quasi socialism that is sinking all of Europe and the US. The most recent examples of which are Ireland, Estonia and Poland. Taiwan and Hong Kong are also great examples of it.
But don't you worry, I'll let time allow me to give a good laugh at all the Europeans technocratic snobs
@@marcocappelli5124 special cases require special tactics.
A year ago, the discussion in Argentina was about inflation. Today, it's about loans and mortgages.
@@Victorceme Today is about loss over loss...😳🤔
@DemosBrutus in which way?
@@Victorceme Milei claims to be attacking the communist dictatorship and to achieve this he is pushing the dictatorship of capital.
@@Victorceme Both ways.
@@DemosBrutus Both ways of what? lol
we Argentinos knew it would be hard to change, and we accepted the risk.
La T y la M "... Soy Argentino me sobran los 🥚🥚"
Keep fighting. AFUERA!!!
And it's paying off
Exactly, I find it crazy how some people got surprised it was as easy as electing the right president, no one thought that, it was never going to be easy
Sad thing is, there still are parasites making things harder and believing the previous management was okay. One friend from Tucuman told me about the existence of a Public Servant Syndicate and I was like WTF how and why???
I love how people don't blame 15 year socialism (peronism) but blame Milei for 1 year mandate
You know nothing about socialism
@Pedro-s3f2s Actually, those who speak against it often know it better than those who speak for it
@@Pedro-s3f2s socialism= best way to keep a society under poverty.
@@Pedro-s3f2s For the same reason you don't blame your wife for what she has done before knowing you.
@@Pedro-s3f2s I assume you mean Peronism is not socialism, am I right? Your statement doesn't explain much...
Saying Milei's approval ratings have fallen every month is a blatant lie, they only fell in June and July and then ticked up again.
the channel had a left wing agenda
@@zddxddyddw Minilei have a right wing agenda.
Even, one of few politician in history whose positive rating has rose after the election.
maybe he is using old data
@FranciscoIgnisci Yes, that's Maduro. 😁
inflation was totally going out of control.. if he didnt stop hyperinflation how high you think poverty rate would be?? he actually help the poor.. the house was burning, immediate action was needed
Poverty rates rised because previous goverment was manipulating the data, and currency.
He translated inflation to dollars, all the savings got demolish and investment in the country got very expensive with new salaries wich actually didn't gain adquisitive power...
@@armandosillones2643 Mentira, si ves los datos del indec, hace 5 meses que los salarios crecen por encima de la inflación.
@@lucadappiano8758Ok, primero que es mentira, fueron 3 meses y apenas menos de 1%, segundo que aunque sea cierto hace la cuenta neta y se te cae el comentario a pedazos.
In fact, there was a moment almost at the end of the previous Peronist/Kirchnerist administration when inflation was already hovering around more than 1% daily, which was absolute madness.
Even the government decided as a last resort to show the inflation index weekly because doing it monthly would result in high-digit inflation figures and that would further erode the already degraded image of the government.
Personally, I remember that supermarkets did not have price tags because they were constantly marking them up, that is to say... we were on the verge of hyperinflation, luckily Milei arrived.
As a libertarian in the US. Im strongly hoping Milei's libertarian approach will make a difference in Argentina. Not just for the country itself. But to also show the world this works. Given that there is already results of improved living conditions so soon. Im hopeful that it will work out if he is given enough time and ability to turn things around. Fixing nearly a century of problems and broken ability is not fast.
Its totally working my friend.next year will be a blast
MAGA FOR BOTH COUNTRIES.VLLC
@@rekagado I hope he's successful. I'm stunned at the people who want him to fail.
History shows that austerity measures don't help a nation. They only help the rich get richer at the expense of everyone else.
The optimism surrounding Milei’s libertarian approach is certainly passionate, but let’s examine the claim of "already improved living conditions" with a critical eye. The idea that his policies have delivered tangible improvements in such a short timeframe is, unfortunately, not supported by the lived experiences of many Argentines. While some may feel hopeful due to ideological alignment, the broader reality paints a more complex and concerning picture.
Argentina’s inflation rate remains crippling, with no signs of abating. Milei’s push for dollarisation may sound appealing as a theoretical solution, but it risks exacerbating inequality, eliminating monetary sovereignty, and leaving the country even more vulnerable to external shocks. Meanwhile, the removal of subsidies and the dismantling of public services have disproportionately impacted the most vulnerable populations, making basic necessities less affordable and deepening poverty.
The notion that Argentina could become a showcase for libertarianism’s success is rooted in ideology rather than evidence. Economic systems are complex, and the sweeping reforms being implemented require time-not just to take effect but also to demonstrate whether they are viable in the long term. The immediate results, however, suggest a widening gap between the rhetoric of prosperity and the reality on the ground.
To truly "turn things around," policies must address the root causes of Argentina’s economic instability: corruption, inefficiency, and a lack of inclusive growth. Pragmatic, evidence-based reforms that balance fiscal responsibility with the needs of the population are essential. Simply dismantling the state without providing viable alternatives risks creating a void that market forces alone cannot fill.
Hoping for a better future is natural, but declaring early success when so many are still struggling is premature. Real change is measured by stability, equity, and the long-term well-being of all citizens-not by ideological satisfaction or isolated anecdotes. Milei’s approach will ultimately be judged not by its intentions but by its outcomes, and right now, the evidence of improved living conditions remains largely absent.
@@rekagado Ah, yes, the ultimate crossover episode: "Make Argentina Great Again" meets "Very Libertarian Libertarian Country." What a thrilling spectacle! Next year will be a blast, you say? Of course-nothing screams "economic fireworks" like soaring inflation, public services crumbling, and the middle class evaporating faster than a peso on the free market. Truly, the libertarian dream is alive and well!
But let’s not stop there. MAGA for both countries? Absolutely brilliant. Because who wouldn’t want to emulate a slogan that brought record-breaking division and chaos? Surely that’s the blueprint Argentina needs right now-more polarisation, more blind loyalty to ideology, and less focus on solving actual problems. It’s a perfect recipe for success, if by "success" you mean giving internet trolls like you endless material to peddle.
And VLLC-Very Libertarian Libertarian Country? Stunning branding! I’m sure the millions struggling to afford basic necessities will feel comforted by the knowledge that they’re part of such a principled experiment. After all, who needs food and healthcare when you have the freedom to… what exactly? Oh right, to watch the ultra-rich thrive while the rest are told to "bootstrap" their way out of poverty.
So yes, my friend, I’m sure next year will be a blast-for you and your troll factory. For the rest of Argentina? Not so much. But hey, at least you’ll still be here, spinning tales of a libertarian utopia while the country grapples with the consequences. Bravo!
is very unfair to judge someone who has only been in office for 1 year for the damage that started in the 50's.
don't get me wrong, i'm not a milei fan, i even come from a different continent (Indonesia).
but yaa milei policy must be taken and even it is painful for... yeaa maybe in the next 5 years, my country has implemented populist policies but actually it is poison and hell for my generation for right now but i believe things will be better in the future. Cheer up Argentinians!
As a libertarian in the US. Im strongly hoping Milei's libertarian approach will make a difference in Argentina. Not just for the country itself. But to also show the world this works. Given that there is already results of improved living conditions so soon. Im hopeful that it will work out if he given enough time and ability to turns things around. Fixing nearly a century of problems and broken ability is not fast.
@geronimo5537 I don't even believe in certain political spectrums. For me, left wing only impoverishes society, and right wing only widens the gap between the people and oligarchy. Humans have survived for thousands years through pragmatism, and even with all the technological innovations today, a pragmatic approach is still answer to it all. And in my opinion, if the answer is only the left wing or the right wing, andthen take the positive aspects from both sides of the spectrum and discard the negatives.
But for Argentina's situation, indeed to defeat the left, it must adopt right-wing policies so that Argentina can still exist as a country.
@@bimantaraadityawarman1734 honestly its always been that way in history. one political side dominates for a few decades before people swing in the opposite direction for a few decades. if you read into history this pattern is pretty much how it always goes in any culture. there is no perfect method of course. however prosperity always comes when there is a balance of both political direction at the same time. either extreme just leads to problems or suffering in some form. which is why I prefer a more center viewship. Simple because history shows that is how a golden age remains. Atleast until the left or right feel the need to control again; causing an imbalance in the force.
@@bimantaraadityawarman1734Argentina no derecha, no ser nacionalista, ser partido desesperado, ser un partido político de foco económico, y limitaciones. Argentina hacer todo mal, Estado malo malo, hacer gente pobre, robar mucho, derecha Argentina igual. Mieli ser milei. Partido de la leche con chocolate, pro comercio con, China y usa. Dejar a los ciudadanos hacer lo que quieran, lejos de derecha pero llevarnos bien con coservadores
@@geronimo5537
As a Libertarian from Brazil, Milei and Argentina don't need prayers. We here are watching our neighbors VERY closely, and the comparison is staggering. Argentina is getting richer FAST. The media will lie in the US and EU because you guys are very far, but they can't deceive us here because we are seeing things unfold. Milei has ALREADY SAVED ARGENTINA. From 2025 forward, they are only going to surf into the blessings. Worry not. I myself am making plans to move to Argentina and forget Brazil for good!
0:40 false! Poverty rates have NOT increased by 50%. They were a little below 50 (assuming that the previous administration was measuring it correctly, which I doubt), they went up a little over 50 and now are back below 50 but inflation going down and with the economy expected to grow next year
Correcto mi amigo, en año pasado, antiguo candidato presidente (Massa) emitió mucho mucho (12 PBI) todo eso volver gente muy pobre con inflacion alcista, nosotros retomar cubra, bajar pobreza 10 puntos, pero no tanto mérito milei, ser curva y rebote. Ahora tener 2025 para bajar con buenas políticas, difícil! Congreso malo! Pero tener FRANCO FRANCO FRANCO! ver que pasar!
38 % is new official poverty rate , so it's falling very quickly
@@gianlucagames8299its gone down from 51% to 38.9% in the 3rd quarter of 2024, theres still data from the 4th to come, and it will certainly go down even more
the good old "let’s massage the numbers and blame the previous administration" routine. Classic move. So, the poverty rate was "a little below 50," then it went "a little over 50," and now it’s "back below 50"-all while inflation is apparently on a downward trajectory and next year’s economy is poised for growth? Let’s unpack this conveniently rosy narrative.
First, arguing about tiny fluctuations around the 50% poverty mark as if it’s a victory completely misses the point: half of the population is living in poverty. Whether it’s 48%, 50%, or 52%, it’s a catastrophic figure. Instead of debating decimal points, the focus should be on how to address this humanitarian crisis. Milei’s policies-dollarisation, austerity, and drastic cuts to public spending-are not aimed at reducing poverty but at appeasing markets and dismantling the state. This doesn’t help the 50% living in poverty; it deepens their struggles.
Second, the claim that "inflation is going down" sounds promising, but let’s be real: lower inflation doesn’t automatically translate to improved living conditions, especially if wages continue to lag behind costs and essential services become less accessible. For the poor, inflation isn’t just a number-it’s the difference between eating three meals a day and skipping dinner. Without targeted interventions to raise incomes and protect access to basic goods, even a drop in inflation won’t ease their suffering.
Finally, let’s address the hopeful "economy expected to grow next year" claim. Economic growth on paper doesn’t mean much if it’s not inclusive. If the benefits of that growth are concentrated among the wealthy while the poor continue to struggle, then it’s little more than a statistical mirage. Argentina has seen this pattern before: GDP ticks upward, but inequality worsens, and the majority of citizens are left behind.
So, while you celebrate marginal fluctuations and optimistic forecasts, the reality for millions of Argentines remains bleak. Poverty isn’t just a number-it’s a lived experience, and until policies are implemented to genuinely address inequality and provide opportunities for upward mobility, those numbers are nothing more than a convenient distraction from the real issues.
@@JosephCotten-j5m sir, I was only poiting out that the video makes a completely false claim. Poverty did not increased BY 50%. If so, it would have gone from around 48% to 72%.
I agree, such high poverty rates are a disgrace, caused by decades of bad administration. By the way, recently it was made public that, according with estimations made by two universities (trust me when I say that the educiational institutions do not support Milei), poverty went down to around 39% by the end of the 3rd quarter.
However, I couldnt disagree more with you when you say that lower inflation rates do not improve living conditions, or that economic growth "on paper" does not "mean much". I dont know where you live, I have lived un Argentina my whole life, under the intervencionists policies that you support (save from the current government) and every year the situation had gone worse until Milei started to addopt sane fiscal policies.
In the end it will work out for better. He was very bold for shutting down unnecessary inefficient government departments. Also cutting unaffordable subsidies.
Anyone who thinks a ministry for education is unnecessary needs to give their head a wobble.
@@Bengalian126 "ministry for education" ≠ "education"
@@AlecMuller Its not but there cant be normal education without planning and expertise. Cutting everything is simple and stupid. Cutting inefficient parts and empovering efficient is hard and actually helps.
@@AlecMuller Cutting funding to the ministry of education means a building that represent the ministry of education with no one in it. You work it out mate.
@@josearriola7070a ministry that doesn't function properly? No thanks
Short-term pain, long-term gain.
effin fascist cultists
If I had a nickel...
I would have a nickel@@diegoubaque6387
@@diegoubaque6387 I would buy a small position on Argentinean companies. If thigs get better the way it seems are going to be, that will mean two things: (a) insane gains on your position (b) the pressure will be on the other latin american countries to reform.
@@fmilan1 There are no "Latin" countries in America.
Afte watching his speech in the Mercosur 2024 I confirm he is making history and bringing back values that were lost for decades. I think he is not only important for Argentina, he is open eyes to the western world. Europe and All America and countries that want real freedom should listen to this man
The fight for freedom is everyday even if everything is at your favor. Freendom is hard to obtain and it doesn’t come easy. We need to remember this every day
Jajajajja
@@agustinmarconi838Seguílo llorando kuka, tu jefa se juntaba con terroristas iraníes y dictadores como Maduro, Milei es un ejemplo para todo el mundo libre.
Neither hero nor evil madman. Just pragmatic leader with common sense.
He is not "just a pragmatic leader with common sense", he has heroically amounts of courage and determination, combined with huge knowledge base of economics, cultural affairs, and political strategies. Perfect timing just before the crisis. The only politician I am aware that do what it says without falling in the temptation of grabbing money and to negate his voters. Think twice about him not being a hero.
the "pragmatic leader with common sense" narrative-what a tidy way to frame a highly polarising figure whose policies have thrown Argentina into even deeper turmoil. Let’s take a closer look at this supposed "pragmatism."
Pragmatism implies balance, foresight, and solutions tailored to the complexities of the situation. Yet Milei’s approach is anything but balanced. Slashing public spending indiscriminately, advocating for dollarisation without addressing structural inequalities, and dismantling institutions without providing functional alternatives are not pragmatic-they are ideological gambles. Pragmatism doesn’t mean burning down the house because the roof is leaking; it means fixing the roof without destroying the entire structure.
And then there’s the matter of "common sense." Common sense would dictate protecting the most vulnerable during economic reforms, ensuring that basic needs like healthcare, education, and food security are met. Instead, Milei’s policies have disproportionately impacted the poor while favouring those who already have access to resources. Common sense would also suggest gradual, well-planned reforms to avoid social upheaval, not rushing into extreme measures that deepen inequality and unrest.
So, neither hero nor madman? Fair enough-let’s call it what it really is: an ideologue masquerading as a pragmatist, pushing policies that might look good on paper to libertarian theorists but are proving disastrous for the very people they’re supposed to help. Pragmatism is about results, not rhetoric. And so far, the results tell a very different story.
@@JosephCotten-j5mAre you using ChatGPT? Every comment from you is identically structured.
@JosephCotten-j5m Milei is so polarizing due to his antics and brash personality, while his politics and policies are largely "normal" for country in crisis (similar to how Greece, Portugal, Zimbabwe, 1920s Weimar Germany, 1998 South Korea, etc using the proven "austerity measures" during their economic crisis).
Tell me, what is so extreme about Milei's policies?
Stop propping up currencies? Slashing the size of the bureaucracy? Stopping many public services and social programmes? Capital control?
Well, Greece, Portugal, and South Korea did that too.
They are normal and IMO very much to be *expected* to stabilize your economy and fix the fundamentals.
So, aside from his explosive personality, Milei is actually just a pragmatic leader, enacting pragmatic policies to save Argentina's economy, with the support of the majority of the voters.
Things are rough, I grant that, But what Milei has done is probably the equivalent of ripping off the bandaid.
Well, more a dozen bandaid that was covering a giant gash that was getting worse
In less than a year, he has done much more than all the presidents in the last 40 years. He will possibly be remembered as the best president in history
Or the worse depending on how he plays this one wrong move could end in catastrophe bit the country was heading thar anyways before him so why not gamble
@@Jack-4v yes, he has that risk, if he fails, everything will be blamed on him, if he succeeds he saved the country from collapse, so not that big of a risk.
@@thorin1045 so either goes down in history as another Argentina bad leader or remember for being it savior
More people aew not in poverty. The government just isnt lying about it anymore.
They should also differentiate between *who* entered or left poverty. If real private-sector wages go up, it's a win in my book, regardless of what real government-sector wages do. Lumping the private & government sectors together masks how horribly wasteful government can be.
"The government isn't lying" jajajajajajajajajajajajajajajaja !!!!!!!!!!!!!!!!
@@josearriola7070avisame cuando tengas datos que digan lo contrario
the "poverty didn’t increase; the government just stopped lying" argument-an interesting twist that shifts the blame from actual policies to the supposed dishonesty of past administrations. Let’s unpack this claim with some logic and facts.
First, even if previous governments manipulated poverty statistics, the reality remains: poverty in Argentina is at devastating levels, with nearly half the population struggling to meet basic needs. The exact percentage may vary depending on methodology, but the day-to-day experiences of millions of Argentines don’t lie. Whether the official number was understated before or not, the reality on the ground hasn’t improved-and Milei’s policies so far show little sign of reversing that trend.
Second, transparency is important, but it’s meaningless without solutions. Suppose the current government is indeed more honest about poverty rates. In that case, it’s not enough to simply reveal the harsh truth-you need policies that address it. Slashing subsidies, gutting public services, and pushing for dollarisation aren’t helping the poor; they’re making life harder. Honesty doesn’t feed families, improve healthcare, or provide access to education.
Finally, blaming previous administrations might score rhetorical points, but it doesn’t change the responsibility Milei now bears as president. If poverty remains high-or worsens-under his watch, it’s not enough to say, "Well, they lied about it before." Effective leadership is about taking action to create real change, not pointing fingers at the past while failing to deliver meaningful results.
So, even if past governments fudged the numbers, Milei’s task is clear: implement policies that actually lift people out of poverty. So far, there’s little evidence that his approach is doing that. Transparency without solutions is just another empty gesture.
@@JosephCotten-j5mWhat the heck is George Orwell doing here. Impressive speech bro.
From 25 monthly inflación to 2.7 in less than a year. Yes it was and is difficult but the alternative was an hiper
It takes time and effort to bring down a broken system and build it from scratch
Milei is the best south american leader now
"Milei is the best South American leader now," a bold claim if there ever was one. Let’s see, what criteria are we using here? Is it the record-breaking inflation still plaguing Argentina? The skyrocketing poverty rates? Or maybe the fact that his policies have turned public services into a survival-of-the-fittest scenario where only the privileged thrive? If those are the benchmarks for leadership, then yes, Milei is surely leading… in creating chaos.
But let’s entertain this for a moment. If being the "best" leader involves dismantling institutions without providing viable alternatives, then he’s doing an excellent job. Dollarisation? A genius move to hand over Argentina’s monetary sovereignty to the US Federal Reserve, ensuring the country has no tools left to manage its own economy. Cutting subsidies? Brilliant, because who needs affordable transportation or utilities when you have "freedom"? And let’s not forget his vision for the future: a libertarian paradise where the market solves everything-except, of course, poverty, inequality, or basic human needs.
Now, if we’re comparing leaders, we might want to look at tangible results. Brazil’s Lula, for instance, has implemented programs aimed at reducing poverty and promoting social equity. Chile’s Boric is focusing on constitutional reform and addressing inequality. These are complex challenges, but they’re being tackled with policies aimed at inclusivity, not ideological purity. Meanwhile, Milei’s vision seems to prioritize the dismantling of the state over addressing the immediate needs of his citizens.
So, if by "best" you mean the loudest, most ideologically extreme leader making headlines, then sure, Milei is at the top of the leaderboard. But if we’re talking about leadership that genuinely improves lives, fosters stability, and builds a sustainable future, then perhaps the crown is a bit premature-and very misplaced.
@@JosephCotten-j5m I can't say he's the best now. I'm a passive witness. He's doing something no one has ever tried. Argentina was underperforming and past gouvernment were total incompetent. They went bankrupt thrice in the 21st century. It's unsustainable. There's a reason he was elected in Argentina. I'm not sure it would happen elsewhere.
@@JosephCotten-j5mYou gave to give the guy some credit. He didn't sugarcoated it saying that everything would be fine in a night. I'll be honest, I skeptical. And it's not because he succeeded in Argentina that you could replicate that everywhere. One thing for sure, my gouvernment promises tons of things he can't pay for. And none dares to stand up against and say the truth because they also want to be elected so they juggle with populism and empty slogan.
Nah bukele is better
@@johanalvarado4870 bukele is central america, but he is doing a excelent job on crime
Really, you don't know the change that has taken place in Argentina. You can see a lot of economic achievements, but society is at a stage of development that was abandoned by politicians who wanted you to depend on them. Now everyone wants to start their own business.
Make Argentina Great Again 🎉
Ah, Make Argentina Great Again! 🎉 The slogan is catchy, no doubt, but let’s pause the confetti and take a hard look at what’s actually happening.
Is "greatness" about skyrocketing inflation, where basic necessities become unaffordable for millions? Is it about slashing public services so that only the wealthy can access education and healthcare? Or maybe it’s about implementing dollarisation, handing over economic control to the US Federal Reserve, and leaving Argentina without tools to manage its own economy? If so, then sure, we’re on the fast track to greatness.
But slogans don’t solve problems. What Argentina needs isn’t ideological catchphrases but practical, inclusive policies that lift people out of poverty, stabilise the economy, and build long-term resilience. True greatness isn’t about dismantling everything for the sake of libertarian purity-it’s about creating opportunities for everyone, not just the privileged few.
So while the chants of Make Argentina Great Again may sound uplifting, they ring hollow without tangible improvements in the lives of ordinary Argentines. Until then, it’s just a slogan-a distraction from the real work that needs to be done. 🎉
@JosephCotten-j5m what you are saying is contradictory. you can't lift people from poverty in the short term AND aim for long term stability. doing so would require a lot of money which argentina doesn't have. unfortunately it's a country that has dug itself into a hole and now has to suffer in the short term for long term gain. milei has extreme policies but extreme times require extreme measures
Prosperity doesn't come out that way overnight. What Most people see at a glance-wealth, a perfect career, purpose-is the results of hard labour and hustle over time. I pray that anyone who reads this will be successful in life...
She's also on Instagram
amelia official fx
Her IG 👍
my financial status has changed for the best. All thanks to my aunty who introduced her to me.
Made 120k last year. Her good reputation already speaks for her
You have old data, the approval rating has been rising for months again and now sits at 53%
The best government in the history!
VIVA LA LIBERTAD CARAJO!
Jerk
Too many people are the type to put 2 bandaids on a festering wound that just needs air because taking off the first bandaid resulted in pain from pulling hair.
Bingo.
¡Viva La Libertad Carajo!
There is a piece of misinformation in this video. Milei's approval ratings have gone up. He is the most popular leader in Latin America now.
Creo que Bukele aún tiene más aprobación que Milei. Pero si creo que Milei puede ser el segundo con más aprobación.
HERO OR HERO?
HERO.
In the long run, this guy will be beneficial for Argentina. But that's the issue. For something to be good in the long run, it may not be good in the short run
Capitalism and conservatism always work, unlike socialism and progressivism.
Not gonna say it ALWAYS works, but it's definitely more stable
¡VIVA LA LIBERTAD CARAJO!! - desde un querido dominicano ❤
What’s happening in Argentina is probably what should have happened in America in 2008 and probably again in 2020. Immediate pain, but long lasting affordability and economic stability.
We weren’t willing to let our economy crack due to poor, lending and business practices, and instead we bailed out the very entities that caused the crisis to begin with and caused the destruction of our currency and poor affordability
Approval ratings higher than ever for Milei.. Where do you get your data??
From the street My friend
Argentina's economy has been a mess for years, from what I understand there are some improvements. I don't know if there's a light at the end of the tunnel, things down there are quite confusing to an American like me.
Hi
Things are improving dayly.
Next year will be a blast.expecting 10 % growth
Vaca Muerta(oil gas) ,minerals etc are starting to expand expecting by 2030 50 billions on exports
Only.in these areas.
essentially, Argentina is transitioning to be a functioning economy for the first time in like 80 years
What did these people expect when they voted him into office? If changing your economic outlook was easy, then all of your presidents over the last few decades would have done it. Also upending your economic system is going to bring a lot of pain before it gets better, which for Argentina makes sense. Can’t say the same for the U.S. ….
You can't print your way out forever thar not the US, where the dollar is the universal currency of the world
Milei rescued the country 💪 better then left politics
It will all collapse in 2yrs mark my words
@@SenorPenor1337 Tu vieja colapsa esta noche
@@SenorPenor1337Keep dreaming
@@SenorPenor1337I thought it would have collapsed by this point. Isn’t that what you guys said when he was elected?
He's only doing what he said he would do. The people voted for him in a landslide. Why are they complaining?
It's more of the unions and social workers complaining more then anything
They are not.popularity is 57%.no demostrations.the video is really a shitty one
I recently moved to Argentina and most of the people I've talked to support Milei
So, the subway ride went from 0.10 US dollars to 0.50 US dollars. Still very affordable.
Only in the capital! In other places from Argentina they were already 0.50 dollars
6 euros in Switzerland my friend😂😂😂
So repetive, if the story you have is 5 minutes then just do a 5 min video instead of repeating the same lines over and over again...
Poverty when Milei took office: 55.5%
Poverty 1 year later: 36,8%
No more questions.
As an argentinean, accuarate video. Its the very last gamble/hope we have to fix this country. Hope you make a follow up video next year :)
Your last gamble on not becoming Argentuela, yet there is always the chance of a setback so keep in mind it goes beyond the guy... ideas are more important than people
Dude, you're even reading wrong the charts (he needs to bring the inflation down to less than 2'5%, points at 2'7 in October, while saying close to 3'5 currently...) try looking at the charts now, it has dropped further than the 3'5 you mentioned.
The rate of poor people was already around 47%, it has increased to 51% true in june, but since it has dropped below the prior 47% before he being president, and with data projecting even better results.
His popularity dropped one month, and now is higher then 50% precisely because he does what he promised.
Don't judge the whole year with part data please, now in December they will show the information regarding the whole year, also in the last quarter, dont use information frlm the first semester to judge the whole year ....
Better than a debt crisis at least
Nah. Things are much better now. Poverty is pretty much the same as a year ago (which is crazy high) but at least the economy is starting the improve as well and real non-state employment is going up. But the effects on the broader economy will only be seen in about 5 to 10 years.
A Milei type leader is what every country needs. He is going amazing work in reducing the size and reach of the state, and that can only be a good thing. And the inflation results are just one brilliant thing. He is fast becoming a legend. Wish we had someone like him in the UK.
Didn't you have Thatcher? The other atrocious Tories? Liz Truss?
please update your data: Poverty Rate Development in 2024 (since Milei took office):
Poverty Rate:
1st Quarter: 54.8%
2nd Quarter: 51.0%
3rd Quarter: 39.9%
Subcategory: Extreme Poverty:
1st Quarter: 20.2%
2nd Quarter: 16.0%
3rd Quarter: 8.6%
Reason: Nothing fuels poverty as relentlessly as INFLATION, which Milei has tackled with extraordinary efficiency through fiscal discipline. (from 25% per month to around 2,5% per month!)
14:04 Elections coming up on 2025? what elections? he has been 1 year as president... what elections?
he's talking about legislative elections, which happen every 2 years, similar to the usa
Congress, essentially
Meanwhile, Brazil is digging its own hole
Milei is saving Argentina, Viva La Libertad Carajo!
@@xfalconn_ there's no hope.
He literally made the budget of Argentina go surplus and now accumulating enough resources to abolish the central bank and make room for currency competition. What on Earth do you have any other country that can provide you freedom of currency? Furthermore he reduced the monthly inflation from %20 to %2 and if you are still saying there is no hope i would say just sit and watch how Milei is saving his country for years to come.
Approval has not plummeted as this video seems to imply.
I love your videos, please never give up on making them ;)
Thanks so much for the support!
@TheInvisibleHandCo thanks to you for making my days at the office better 😉
No one was "flung" into poverty. The previous government masked a lot of it. Milei simply unmasked everything and said. "Ok, this where we start".
This video is full of false or outdated information, and most of those are making the government look worse.
There are too many for me to enumerate, but one of the most representative is that Milei's approval rate is higher than it was when he was voted in; it didn't fall every month like you said. Get your facts straight; it is not just about nice graphics.
One of the mn heads of the union community, Pablo Moyano, tried to make a massive strike several weeks ago... He ended up quitting his position because he couldn't rally enough people. People are tired of unions.
Los MOYANO son CORRUPTOS y VIOLENTOS!
How can a country that basically was doomed to disappear in poverty rejects the policies that will save their children’s future.
The country is not rejecting what Milei is doing, the person in this video lied about that.
Because austerity policies have never developed a nation, and only serve to transfer wealth from the working class to the filthy rich.
If you're from Argentina and you don't believe Milei, just look at polish counterpart that did similar thing - Balcerowicz. Look at Poland today because if you leave Milei in power, he will do the same to Argentina.
Uhm.... Ukrainian trumpled sh....hole with expensinve housing and no industry?
Unfortunately for the woke mob; he’s saved it through free-market capitalism.
All the people he is killing through starvation are really thankful yeah.
@@geminusleonem9365people are starving because the previous government caused inflation to skyrocket to 300%+
@@geminusleonem9365 name one person who is starving.
Get off the govt's tit and work for a living @@geminusleonem9365
@@geminusleonem9365 how many people was "killed" by starvation this year? tell me, kukardix
According to my research, his approval ratings spiked in November
I mean. GDP grow mainly measures, that people spend more. That's not necessarily good, if they didn't get more for it.
This video is old news. Argentine economy has already recovered from government expend cuts and the peso has recovered a lot of value during the lasts months.
the beggining is wrong!! im an argentinian living in Buenos Aires. Poberty decreased every month (38% now) and his popularity only decreased a bit on september, now is on his highest
...WELL.... *_LONG LIVE THE CHAINSAW PRESIDENT_*
.....AND THOSE WHO AGAINST HIM,WANT BUREUCRATS TO BECOME GENTRY....
i'm from Argentina, and Milei's ratings are not falling, when he assumed presidency 13 months ago his popularity was 54% positive, he had a slight drop to 49 on May, but since then he regained popularity and now is back with an approval of 54%.
also, protest, lead by the oposition, were an issue early when started his presidency, but they went to a full stop when money was cut off from the organizations that forced people to march, now there are nearly no protests and certainly there are no streets taken by protestors, which was a common practice back in the day. There are still some protestors who don't do it for money but their numbers are nothing compared to before his administration.
Peron was a fascist and a great admirer of Mussolini.
all socialist are fascists!
Make Argentina great again!
Of course radically changing a decades old system was gunna result in short term pain
1:26 the price of the subway didn't icrease, it just got real (the subsidy was taken out, and this subsidy was only ever working on Buenos Aires, basically the entire country was paying for the transport of ONE city)
So many lies, unsubscribed...
Even if he turns out wrong, I wouldn't blame him. Argentina was so fucked up something had to be done
A Brit going to Argentina? Aren't you guys hated there ever since the Falkland War?
No
Solo odiamos a sus gobernantes
Malvinas argentinas ❤
Noooo!!!!! People and governments are two different things.
No pasa nada, a menos que hagan payasadas como top gear
No, los ingleses son buena gente y sobre todo muy educados.
Few mistakes in this video:
1- CEPO wasn't created by milei, it was created in 2011 by a peronist government . The whole point of the spending cuts resulting in a fiscal surplus is to balance the amount of USD and pesos to remove the CEPO once and for all without the risk of devaluating the peso usually caused by a massive USD buy orders from the people. When all the pesos circulating in the economy equals the amount USD in the central bank reserve it'll be the right timing to remove the CEPO.
2 - Milei doesnt wanna dollarize the economy, he wants a free currency competition, in which the people decides what currency they wanna use (including the peso) , Milei , and i think he is right and by far my favorite policy of the current government, is to make the peso stronger causing the return of trust in the local currency and also giving the peso some advantages against whatever other currencies.
3 - The spending cuts affects mostly low middle class, specially public workers. Middle class who works in the private sector are gaining more purchasing power. Also retired people (jubilados) are affected negatively since they depend on the state for their income. Maybe middle class has a different meaning in the UK.
There is only way which is free market, communism always end with starvation
Is there anyone advocating for communism? What most people want is a mostly free market with regulations to protect the consumers.
11:35 its not dollarization. its free competition of currencies meaning shops and people can decide in which currency they want to use it can be dollars, pesos, euros, etc. Also why don't you mention any about last government. And also you say there is no support in many plans , but Milei y the president with the most Votes in the history of Brgentina
the average argentinian is poorer now in 2024
No Vllc
where are you getting your data from? It certainly does not match with most analysis out there
Most Argentinians in the comments say that they make more now
well that certainly didn't happen in 2024 since we are the only country in latin america apart from haiti which gdp decreased, inflation and poverty rose and corruption is fucking wild
IMF "afuera", World Bank "afuera"...🙏☁️✨
MILEI "AFUERA!"
@@josearriola7070 rojitos afuera 😂 VLC
Linking the economy to the dollar when the USA is living on borrowed time.
In the Lex Fridman interview, Milei made a point of differentiating between "dollarization" and "currency competition", and claims he's pushing for the latter. Hopefully he delivers.
Lol
That speech has been going for decades and they're still the No. 1 economy
Amazing how the narrator calls crime and destruction as "protest" and "strikes"
I live in Buenos Aires Argentina and my family does quite well but I can tell you from first hand experience that if Milei doesn’t get results by the end of 2025 there is no shot of him getting reelected. I have seen the way prices have increased, for example in mid 2023 I used to eat some high quality sushi every Saturday with my family of 3 for roughly 37 USD, yesterday I went out to eat KFC and the meal for 3 people costed roughly 34 USD so in a bit more than a year fried chicken is now more expensive than sushi. I have also noticed the rising amounts of homelessness and theft happening in the country and I am fully aware that though Milei’s intentions are good he’s being to drastic and leaving no breathing room for low income people. As an Argentine myself I really don’t know what’ll happen but I do hope that this country will turn its economy around and relive its glory days of the 1920s 🇦🇷🇦🇷🇦🇷
well,yup, kinda, but the inflation and some drastic changes still makes suffer to an average argentinian like me, the capitalism is not always a good choice
The “economy is improving” but the people are not
If you don't like it then move!!! Woops did I drop a truth boom. Ooops.
@ 🫶🏼
Yeah. Sorry
What did you expect? That after decades of severe economic mismanagement, there would be no pain in fixing the economy?
not like the ecomony jumped a +400% growth rate (not real) and everything improved overnight
@@Dawnthensunset3839 Fake news should be dealt with. Trying to destroy the king should be a crime.
WAIT, WAIT, WAIT!
It gets better.
When the patient woke up, his inflation was missing, and the goverment was never heard for again!
JAJAJA!!!
The UK could do with a Milei
we've had 14 years of Milei cuts you goof, our own water is privately owned, did you not watch the video when he referenced thatcher
@@jessiewellington9377 Well keep enjoying Keir Starmer then, whilst the UK is going down the pan
@@is_42 you're living in a fool's paradise
If you want the working stiffs to suffer more while the bankers and CEOs and foreign investors gain, Milei is the kind of guy you need to elect.
@@is_42is clueless😂
Peronism is one of the hardest things to explain since it carries both the left and the right in one movement
As a Mexican, it sounds to me pretty similar of what the PRI party used to be. A center center/left party with a lot of policies aimed at unions, state owned companies and subsidies. These policies can work for some time but eventually just indebts the economy and spirals into inflation and lack of productivity.
Cutting government trades current wealth for future growth, it's not liked in almost any democracy because people are too busy focusing on short term gain
Honestly would take Milei more seriously if the pain was also felt by the upper classes. Alas not. Just will end up creating a low inflation fuedal society.
So you say poverty wont go down?
@@MartinRichardi he doesn't believe there would more starvation in a contemporary society with hiperinflation than in a strike of dry years in a middle age feudal society
Are you sober?
Rich people are always the ones that feel the changes less, no matter the policies. Rich people have diversified assets, which shelters them from pretty much all pain.
So your complain is not logical, it comes from class resentment.
@@danielpirez381 What's logical about justice and fairness? This attitude is emblematic of those with no ethics. Those who believe that if you're poor you shouldn't get healthcare or education because your were born into that class and taking from the rich is a product of 'resentment'.
fake fake, poverty is down, gdp is almost breakeven after slashing 15% gdp . Approval rating all times hign. Surfshark you are an enveloped you tuber.
I don't think there is an envelope just a lazy analysis...
Es mentira, la situación esta mejorando, los ingresos de los trabajadores aumentan, la balanza comercial es positiva.
Las cuentas públicas están ordenandose, hay superávit, su popularidad crece.
The portrayal of Javier Milei as a saviour of Argentina, championing libertarian principles and promising an economic miracle, is perhaps one of the most dangerous deceptions currently unravelling in the country's history. His rhetoric, while wrapped in the guise of economic rationality and personal freedom, has laid the groundwork for policies that are not only unsustainable but also deeply destructive to the social fabric and economic stability of Argentina. The reality behind Milei's agenda is a dismal tale of ideological extremism masquerading as reform, one that is systematically eroding the nation’s institutional foundations and creating a future riddled with inequality, disillusionment, and chaos.
Milei’s primary narrative revolves around the idea of dismantling the state, promoting the dollarisation of the economy, and cutting public spending to the bone. He argues that these measures will liberate Argentina from decades of economic mismanagement and rampant inflation. However, the practical implementation of these policies has already begun to reveal their catastrophic consequences. Dollarisation, for instance, which Milei touts as a panacea for inflation, ignores the critical nuances of Argentina's economic structure. It deprives the country of monetary sovereignty, leaving it unable to respond to external shocks or manage its own economy effectively. Furthermore, this policy would disproportionately benefit the wealthy elites, who can more easily access and accumulate dollars, while leaving the working class and vulnerable populations grappling with skyrocketing costs and diminished purchasing power.
The drastic cuts to public spending, which Milei promotes as a necessary step to reduce the fiscal deficit, are equally shortsighted and socially devastating. By slashing funding for essential services such as education, healthcare, and social welfare, his government is not only exacerbating inequality but also undermining the very foundations of social mobility and economic opportunity. Public education, a critical pillar for the future development of any nation, is being starved of resources, leaving millions of children without access to quality learning environments. Healthcare systems, already struggling under years of neglect, are crumbling under the weight of budgetary constraints, forcing the most vulnerable to fend for themselves in a landscape of worsening poverty and limited access to care.
Moreover, the social repercussions of Milei’s policies extend far beyond economics. His divisive rhetoric, often peppered with attacks on traditional institutions and his disdain for social justice, is fostering a climate of polarisation and social fragmentation. The erosion of trust in government and institutions, a cornerstone of his libertarian ethos, is breeding widespread cynicism and alienation among citizens. This toxic environment is fertile ground for social unrest, as communities feel increasingly abandoned and unheard.
In the long term, the consequences of Milei’s agenda will be deeply entrenched. The dismantling of regulatory frameworks and the aggressive pursuit of privatisation are setting the stage for a concentration of wealth and power in the hands of a select few, leaving the majority to endure worsening economic conditions. The promised "economic freedom" will, in reality, translate into a survival-of-the-fittest scenario, where only the privileged thrive while the rest are left behind. The depletion of public infrastructure and the absence of a coherent social safety net will render future generations ill-equipped to face global challenges, trapping Argentina in a cycle of dependency, stagnation, and despair.
The economic damage, coupled with the loss of social cohesion and institutional integrity, will not be easy to reverse. Even if a future government seeks to undo the harm, the scars left by Milei’s policies will take decades to heal. Trust in public institutions, once shattered, cannot be easily restored. The degradation of public services and the erosion of social protections will leave a legacy of inequality and division that will haunt Argentina for generations.
Milei’s lies are seductive because they offer simple solutions to complex problems, appealing to a populace desperate for change after years of corruption and economic mismanagement. Yet, the reality is that his policies are neither innovative nor liberating; they are a rehashing of neoliberal experiments that have failed time and again in Latin America and beyond. The cost of this grand deception will be borne by ordinary Argentinians, who will find themselves paying the price for years of misguided ideology dressed up as economic salvation. It is a cautionary tale of what happens when ideological zealotry trumps pragmatism, and when the allure of quick fixes blinds a nation to the complexities of its challenges and the long-term consequences of its choices.
Popularity has been INCREASING since he took office, nor decreasing, check your sources.
History proves again and again that socialism and welfare state are like drinking poison to quench your thirst.
I fully trust Javier Milei, his Government Plan and his Team to recover Argentina from its chronic crisis.
The Politicians who governed Argentina until 2023, only left as a legacy: +Inflation, +Poverty, +Indigence, +Fiscal Deficit, +Public Debt, +Insecurity, +Drug Trafficking.
Long Live Freedom.... Carajo
Argentina is becoming the first 4° world country
Do you live in argentina?
@@alecbrito4397 There's no hope now.
El primer pais donde los zurditos lo único que pueden hacer es llorar por redes
Imagina Brazil país más pobre de sudamerica sería el sexto mundo 😂
@@alecbrito4397 Hay dos países con el menor crecimiento económico este año. Argentina y Haití, en ese estricto orden.
i visited Argentina on December 2024, failed change pesos back to dollars at airport. bullshit. currently i have useless paper(banknots)
I'm pro Milei, and for me it's good to hear some critizism, I don't want to be a phanatic. But, I think that cutting social benefits or subsidies wouldn't be so damaging if the Argentinian parlament had approved the original version of the "Ley de Bases". The approved version is very limited one. For instance, the original version aimed to privatize 40 or 50 companies. The approved version only allowed to privatize 2. The idea of Milei is substituting the social subsidies for salaries. This is the Liberal approach. And you can't blame him to stay faithful to his ideas and the electoral program that Argentinian people voted. If people wanted to keep socialdemocrat measures in a broken country, well, in that case they should have voted for the kischnerism.
This report is completely wrong. Today the image of Milei is growing month after month. There are no more protest. Even the criminal activity related to narcos in Santa Fe has significantly dropped. There is a long way to go, but things are improving fast.