Why Argentina will Win the 2030s
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- Опубликовано: 28 сен 2024
- In this video, we will explore how Argentina's economic mismanagement has led to numerous crises, that pushed a once prosperous nation into a series of defaults, inflation, and political turmoil.
We'll discuss Javier Milei’s bold plans to revitalize the economy through deregulation, privatization, and dollarization. Additionally, we'll examine Argentina's vast potential as an agricultural and energy powerhouse, and the geopolitical implications of its resurgence.
Join us as we uncover the transformative journey of Argentina. From its tumultuous economic history to its promising changes happening in the country under the new presidency of Javier Milei.
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As an argentinian, Impressive how an non argentinian known more than 70% of the argentinians
Agree, as another argentinian
Escribí en español botón
@@busonkey4413 y si no quiero que?
thanks!
@@erto2657 sos cipayo
Im from Formosa, Arg and everything you said is so true. My province is the poorest in the country, also we have been governed by the same person for 30 years and it bothers me that nobody talks about it or does anything about it.
Gildo is the best! 😍❤️
A la mierda con Gildo. Mientras haya "democracia" en Formosa es complicado que alguien se pueda meter a hacer algo.
Have you ever went to Ibarreta?
@@ChurroFackiaZurdo
La dictadura de gildo
Really hope it goes well for Argentinians, if so, they can become a beacon of hope to the world.
Agreed
@@AaronWatsonGeo Hear Hear
faro del mundo parravicini
I hope they can be a beacon of light to the USA
Capitalism new hope for the world?:)
Us chileans, uruguayans and brazilians watching the narrator call us small and dysfunctional:👁👄👁
Soy argentino y sí, se pasó bastante jajajaj
Im from Chile, he's not wrong.
He said small OR dysfunctional.
As European i (or we) would call Chileans and Uruguayans the only ones doing their homework long term in SA. The other have ups and downs, or just long term downs. Brazil has potential but its rather ups and down so long term stagnation. Also its weird to think Argentina in first 1/3 of 20th century was richer than many developed european countries, i hope it returns finally.
Brazil is dysfunctional but also very functional. You can't call it a failure
As an ecuadorian i can assure you, liberalization (with no control at all) and having US dollar as a currency is not the holy grail of economy. National banks in Ecuador are a financial cartel and dont allow international banks to operate in the country and some private companies monopolize the marked with their huge financial force. It is better than before? YES. But to liberalize an economy requires anti monopoly control (from the state or people) and some things like public health and education should not be 100% private (or 100% state owned) , otherwise you keep being a third world country...like Ecuador.
The massive difference is Argentina has a much larger industry and many many more resources then Ecuador could ever dream of having!!!!
This is why Germany, and the Nordic countries worked for so long - it can never be 100% one or the other, and there must be that anti monopoly controle: otherwise from a state owned bad economy it will go to a company owned country.
You’re talking about 3 different things. All of that sounds like policy issues in your country. All of that has nothing to do with dolorization.
Thanks to dolarization you didnt suffer correa disastrous goverment
all monopolization is a direct result of state intervention in the market. natural monopolies have never and will never exist.
I cannot believe this video is this good while being this short at the same time. It may be very challenging to find a better brief summary of the modern situation in Argentina. It feels like a hidden gem. Keep up with this excellent work!
This is a very kind comment. Thank you!
S. Kuznets famously said: "There are 4 types of economies in the world: developed, undeveloped, Japan and Argentina. Nobody Understands how Japan grows and how Argentina does not" XD
Thats about to change tho, i can hear the roar of the Argentine rocket about to fly to the moon.
JAJAJA
Japón no crece desde hace 30 años
Japón crece. Pero muy poco. Argentina crece en población pero no en riqueza, entonces somos cada vez más pobres. @@marinadeargentina2646
japan is changing too. Their central bank is stopping their nonsense. now the budget needs to match argentina
If he is NOT as incompetent and stupid like #Trump it can all work out good for #Argentina! I wish you all the best!
Argentina reminds of a man abusing substances and going downhill ruining his life for decades, but suddenly waking up and getting his stuff together. What a character! stay strong, stay proud, you’re the greatest inspiration today to many sick, unsure, volatile societies, most of the world actually.
Especially to Venezuela and partly also Sri Lanka and most of South Americas except Chile and Uruguay (they kinda do their homework long term) and most of Africa.
lmao today it continues to be a junkie, little changed but the rhetoric. Debt, prices, poverty, devaluation, everything went up. Inflation is a bit lower but given how it was managed, that cant possibly last because there is a huge recession and no wiggle room to make budget cuts so by this time next year, unless something changes, it doesnt look that it would be much better
Do not get swindled by yet another flavor of populism, just because is right wing
😢sadly if the best explanation
Can you explain to me how exactly Brazil is a “small and disfuncional” neighbor to Argentina?
Oh it's not small. But my Brazilian friends definitely qualify it as disfunctional.
@@Crihnoss how so?
@@enge There are not happy with the economy (even though is not such a massive mess as Argentina's). And insecurity due to property is massive in big city like Rio or Sao Paulo
@@Crihnoss well, most Americans are not happy with the US economy and with public safety. I don’t think this makes the US “disfunctional”.
@@enge But I am not talking of the US
Hopefully, Argentina will become a prosperous nation as it once was used to!
it was'nt prosperous at all. it was 'supposedly' prosperous for a little percentage of the habitants, the rest of them were poor.
@@joaquinfernandezribo8744 Proof? Argentina enjoyed one of the highest literacy rates in the world at the time, and immigrants from Europe kept coming because it had a reputation for its great offer of jobs thanks to its rapidly growing economy.
@@joaquinfernandezribo8744 well now its not prosperous neither for the rich or the poor, so whats the point, everyone must be equally poor?
yea, wait 100 years😂
@@dragooll2023Quality of life metrics show Argentina was not better than its neighbors.
The country was governed by an oligarchy that missed industrialisation because... they were the owners of the agricultural industry and didn't want competition :/
Well, is a real achievement that the hyperinflation was tamed. God, we almost ended up in a humanitarian disaster... And now, we finally see a new opportunity to prosper
The problem is that what you're seeing now still *is* a humanitarian disaster. And will probably also result in all-out civil war.
@@RedXlV If you even knew what the last 20 years really meant for this country maybe you would not say such stupidity. The situation still grim, but this is not Yemen or Syria. But of course, one more year of bolshevik measures and indeed this would've been another early Soviet Russia.
@@RedXlV🤣🤣🤣🤣🤣 Deja de escuchar a Moreno que te hace mal al coco
@@garu24sa if your comparing your country to Yemen or Syria then you country is already doomed, argentina messed thier change to join Bricks the risen empire of the new world, You president is a zoinist, wesntren shill will get sell argentina to america
@@RedXlV "all out civil war" by who? Couple left wing buerocrats vs working class and the army?
To Argentinian people: This video is about the obvious result of a man from the United States having an opinion on a coutry that they don't know, claiming that their ideas being transported to Argentina will automatically save it, because obviously we all know that's what Americans do all the time right? Save the world
Americans lecturing people from other countries is so weird. I mean, they're allowing the guy who tried to overthrow the government after losing an election to run for President? Even "dysfunctional" (according to whom?) Brazil has banned Bolsonaro from running for President and confiscated his passport.
Have you seen how Ecuador is doing? Calling it a dolarization success its crazy!
Argentina is such a wonderful country. Greetings from Argentina
id love to visit it one day! greetings from mendoza
they are also really atractive people, greetings from el conurbano papaaaaa
If he is NOT as incompetent and stupid like #Trump it can all work out good for #Argentina! I wish you all the best!
@@satisfied656Trump will not be the best option but he is better than Biden.
El mejor país del mundo!!!!!!!!
Argie here. I still can't believe how he is crushing inflation this fast. His goal is to make it to the legislative elections in 2025. If he gets the majority there, Argentina will become the most capitalist country in the world.
I m Argentinian, I hope so! VIVA LA LIBERTAD CARAJO!
En dónde compras vos? En el supermercado de tus sueños cuando dormis?
@@marinadeargentina2646 Obvio que hay abusos, pero cuando la libre competencia haga su parte los precios van a bajar radicalmente.
@@marinadeargentina2646 no podes arreglar la micro si no arreglas la macro primero. No todo es el bolsillo de la gente
@@noisyboy4673 Uf, si tan sólo Caputo se dedicara a la macro al menos y no al mercado financiero...
Amazing how you know so little about Argentina's history yet you have the courage to explain it.
Sorry for being this guy but I want to remind you all that everything is still a big "if".
Milei may not be able to fully put into effect his reforms, as the congress is controlled by opposition peronists (PJ) and radicals (UCR).
Also an economy takes time to recover, so even if Milei's plans go through, there's a big possibility that an opposition candidate wins the 2027 elections and then gets all the credit for what Milei did, that would be the 90s to 2015 cycle all over again.
Not saying the Milei government will fail, but there's a possibility we must keep an eye on, we shouldn't take a rich Argentina in the 2030s for granted.
Correct
Se supone que esta vez es diferente porque la gente entendió las ideas de la inflación, el déficit y como lleva tiempo recuperarse.
Sólo queda cruzar los dedos.
No really a problem the congress part, he can just institute a multitude of emergency bills and send them piece by piece to the congress so it takes over a year just to eliminate 1 DNU, and then he can just pull out another one and do it all over again, but taking into account how well the markets have reacted to his presidency up to now its more than likely that 2025 will be won by him
and most probably the 2027 will be won too, simply by eliminating the central bank Argentina would not see inflation ever again, that would make people turn completely, with the elimination of the restrictions in the peso/dollar exchange it will also make it obvious the difference in between the previous regimes to Milei
@@RabeltCorez Bueno, algo bueno tenía que tener que los diputados sesionen menos de una vez al mes.
Interesting. We shall see.
Indeed
I'm argentinian, incredible how politicians being corrupt almost a century, one of the most impacts of Milei is the cultural change opening the eyes to people from all social classes, showing the right way to establish a good solid economy
Milei is the answer to making Argentina prosperous again. The west and their socialBS need to wake up. It's beautiful to see how many formerly glorious nations are set back on the right track again.
i hope you eventually realize how milei is only putting us closer to starvation
Past, present and future. Excellent analysis.
Im so proud of my Land 🇦🇷🐍🗽
cipayo
@@luciobonura7270 y acá tenemos a Lucio, el típico boludo autóctono. Digamosle chau que ya le queda poquito
You have a right to be proud. Argentinos make a courageous move in electing Milei.
@@luciobonura7270 ¡¡¡ Oh vaya, un polentero a la vista !!! Dígame una cosa: ¿Massa hubiera bajado la inflación? mmmmmm.....😂
Insanely nice documentary. Keep it up!
thanks!
Nope, it's a shit
There you go Argentina! From Korea.
CRINGE 🤣🤣
Don't get deceived, this is just propaganda on liberal agenda, they are enslaving the country...
you do see it
I am Argentine and the information in your video is very accurate.
The video jumps from the 1929 depression to 1982 crisis and gives the impression that in those 50 years nothing happened in economical, social and political terms except peronism... In fact the 1982 crisis was caused precisely by the military government who deeply opposed peronism. And then he talks about the 2001 crisis without mentioning that it was basically a consequence of Menem's economical policies, which are admired by... Milei.
I was expecting some biased views but this is at best lazy research or at worst misinformation by omission
Crazy one sided video
We already went through this in the '90s and it ended very badly. This time it won't be different.
😂😂😂😂 q sabe el burro del caramelo..llorá 😂😂😂😂😂
@@faviorodriguez4926 Disimula que tus padres son hermanos.
Oh really now? Give us some examples so we can destroy your argument
Si supieras que Menem nunca redujo el deficit fiscal y que debido a eso la convertibilidad fracasó, no harías ese comentario ignorante.
@@GreatDood641 Tus padres son hermanos evidentemente
another plus that I see in Argentina is that there aren't internal disputes (i.e independentist movements) .. vs. for instance Spain (that are at least 3 regions that want to separate).
Hola yo soy argentino, un saludo desde aquí, muy buen video.
❤️
1:24 True, poverty levels in argentina, at the beginning of 2024, reached an all time high of 57.4%. Do you know what the poverty levels were just 2 months before that, in November 2023? 40%. Milei became president 11th of December, 2023. So under his first 2 months of presidency, poverty increased by 43%. How can that possibly be considered a good thing?
There's nothing a new government can do that fast to reverse the disaster. The socialists left Argentina in a complete economic disaster, and left a few bombs in place expecting they would explode on Milei, they were hoping that hyperinflation would start just after he took the government so they could take him out via a coup like they have done with previous opposition governments.
Thankfully, Milei had been explaining the situation for years and has always said that it would at least take two years of enormous sacrifice to head the country in the right direction. So, the socialists won't succeed this time because Milei has massive support and the majority of Argentinians, specially the youth has come to hate the socialists.
It has been proven that the previous government falsified numbers...
Viva la Libertad, Carajo!!!❤
Sehr gutes Video! Ukraine mit Argentinien!
Love to ukraine from Argentina ❤
Slava Ukraine und... VIVA LA LIBERTAD CARAJOOO!!! 🐍😎👆
argentina is the best country in the world. 👋👋 from argentina.
Your president is a clown 🤡. A USA/Zionist puppet. good luck! 😂
Apart from many other functional countries 🤣.
@@tingtong8781maybe behind 120 others 😂
If this administration succeed it could drive a shift in geopolitics, at least in our region and South America. I hope the impact be strong enough to motivate other countries follow the same Libertarian path.
I see that, too. Break the mold. Just give him 4-5 years, and don't have a coup or a national protest. People will see the results.
@@Redmenace96 We are already seeing the results. We are hosting weekly street feed efforts in my neighbourhood because parent's can't get a job and kids can't eat, violence against lgbt people and women is at an all time high since the latest dictatorship (which this government publicly resignifies and support, and our century old public universities which allowed us to have the highest rates of education in the region don't have enough money to meet years end.
See you in 4-5 years when my beautiful country is yet another 3rd world colonized wasteland thanks to our leaders listening to cynic libertarian gringo bs like yours. F Y.
Whatever ever mistakes were being made before, Milei is making everything worse, except of course, for the oligarchy.
I really liked the video. I lived in Argentina and worked there. in 2015 10 ARS were 1 USD and 14 BLUE were 1 USD. I was there a couple of months in 2021 and I only remember that 245 BLUE were 1 USD. I have very good memories of the time there and for sure it is a country with amazing potential. I'm rooting for you Argentina, can't wait to see you succeed! Cheers
Now 1 USD = 959 ARS
I love Argentina, but it always finds a way to shoot itself in the foot. Milei is great and saying all the right things, but he has a lot to fight through and I fear their is a global force working against him, geopolitical enemies and a government body that has never been efficient. I'm not so sure he can overcome all of those things.
Hahahahaha you made me laugh 🥲
Lets hope this wont be a 4 years journey only
A mílei no lo sacan más ya somos muchos jóvenes del país y en diferentes provincias y que explicamos a los mayores y familiares y amigos que este es una oportunidad única para salir del socialismo de los (k) tenemos mílei para rato....
Mira y aprende 💪🙌👍
As an argentinian: Ja! When has shock therapy worked for a country?
I am not quite sure what you mean by "shock therapy", but Germany after World War II, Poland after the end of the USSR, and most especially Estonia after the end of the USSR all turned things around in basically the same way.
In the case of Germany after World War II, I recall reading an account that none of the professional economists wanted to take responsibility for fixing things after the war because they knew there was no chance of a quick recovery, so they allowed someone who didn't know anything about economics do the job. That man then, knowing he didn't understand anything, just allowed private entrepreneurs to pretty much do what they wanted, and in very short order Germany had one of the strongest economies in the world. In the case of Estonia I was able at attend an event where Mart Laar, the Estonian prime minister who turned Estonia around after the end of communism, explained how he had done it - and it was pretty much the same story. He recognized that he didn't know how to fix the economy so he didn't try to do so, he just supported free enterprise and the entrepreneurs turned the country around in short order.
@@alanlight7740 Maybe these policies have a moment and a place. But regardless, things have only turned for the worse since I wrote this comment, with incredibly cruel austerity (taking away cancer patient's free chemo, or not supplying food banks and letting it rot in a warehouse for example), deliberate defunding of government's enterprises and public universities in order to justify selling them down the line when they inevitably turn for the worse and, violent protest repression, stagnant pensions that are forcing 70 year old people to work again and much more. It was promised that there would be a "V" line in the charts but so far it's a downward line that never stopped. The only thing the government has to show for itself is a low inflation and even that is in constant risk of increasing. It remains to be seen what will happen next year after the interim elections but I have no hopes of it getting any better and by now neither does 60% of the population.
Malvinas Argentinas!, viva la libertad crj!.
Still??? LOL
The FALKLANDS belongs to Great Britain forever. You lost, now do as yous betters say.
Desde cuando? 😂 siguen siendo del Reino Unido (UK) hasta ahora y probablemente siempre sera asi.
@@IbarraAlejandro UK las quiere solo para tener excusa de reclamar algo en la Antártida. Su población ni saben que fueron a una guerra al otro lado del mundo, y ellos mismos dicen que no tienen nada que hacer ahí.
VAAAMOSSS ARGENTINAAA DALEEE MILEIIIII🇦🇷🇦🇷🇦🇷🇦🇷
As an Argentinian, good video, very short but a good analysis.
Leaves out the social and land tenure structures that eventually paved the way to the mess that Milei is trying to pull the country away from.
poverty levels in argentina at 2023 10 December were a 45% by February note you shared was 57% WTF are you talking about?
Dear Aaron, just to add to the list Argentina also has 3 operating thermo-nuclear power plants.
Ironically Milei shut down the third which was being built. Why? Well, the Minister of Economy also just happens to own Pampa Energía, which means it wouldn't be convenient for him financially. In the end they are all just as corrupt.
Please do a video on how UK can help/fix itself.
Scheduled for late April
@@AaronWatsonGeo Cheers
@@AaronWatsonGeo- Can’t wait! The UK is on course to become the ‘sick man of Europe’, something once said of the Ottoman empire. Our old self-confidence has vanished, and it’s hard to see it returning if we continue down the current self-destructive, doubt-ridden path.
Thank you for this video. As an Argentinian, our current circumstances make me believe and give me hope I could return to my dear country sooner rather than later
I hope our future in Argentina is as bright as you seem to see it. I could use a change of air, but I don't know if it will come that easy.
It will not be easy. It took years for Argentina to get into such a mess, and it will take some time to fix it.
It'll 100 % not be easy, manito, and being completely honest, my money is that there's no guarantee it'll last. It's not the first time your country became insanely wealthy, depending heavily on foreign capital, and I don't see that changing much. Specially when you guys have a cultural problem regarding your infamous superiority complex and innexplicable urge to get into fights with all of your neighours.
That being said, us over here in Brazil aren't exactly any better in that regard, so.
@@peixeserra9116 Well, there is a cultural change though, if Milei was elected in our poor leftist/peronist shithole country after 80 years, then everything is changing
@@peixeserra9116 what does the superiority complex have to do with the economy?
@@blitzkrieg7353 Argentina has a serious problem of being seen as an ultra wealthy, luxurious paradise specially against it's neighbour, and historically has put all their chips in that direction. That is for instance, one of the origins of Argentina's convoluted taxation and civil service systems, the fact the average person absolutely refuses to not be seen as wealthy, specially if they're from Buenos Aires, even if doing so would be the healthiest thing for the economy, it would definitely not sell off the image of an idilic paradise so well, that the modern country so heavily relies on to attract foreign investment.
The other problem is Argentina's typical arrogance has fueled multiple military arms races, mobilization of its army and wars of aggression against it's neighbours. Primarily against Brazil, Chile and of course the most famous example, being the Falklands. Almost all of these campaigns ended up causing the Argentinian economy and society to take huge hits, with gaining very little in return.
I will make a comment to make sure I return to see on video, explaining how Argentina has become first 4th world country
lol I hope you're wrong but yeah, it's what's happening. The sheer amount of people begging in the streets is staggering. 8 people in a 5 block walk. Insane.
Argentina is 1 of the 3 country with the best type of soil for agriculture, and of those 3 countrys, Argentina is the obly one with tropical climate. Only place in the entire world with the best conditions for farming. BUT goverment dont see it that way ... 🤦🏻♂️. Goverment limit how much products and wich products you can export, and who can export them.
Ohh and we also have nuclear Energy! Petrol, litium, wind Energy, and More...
The best lands in Argentina are in the Pampas region and it has a temperate climate, not a tropical one.
@@claudiopiazza3793 I mean subtropical-template. The pampas, Córdoba, Santa Fe and west of Buenos Aires province are the most productive zone. Argentina has 31.000.000 ha of productive land, with the best subtropical-template climate.
Let’s make Argentina great again 🎉
Not going to happen with Argentina's Trump.
^ Ignore him, possible Trump hater. Argentina can be great again!
@@theelvensong4328I mean Trump also forced millions of Americans into poverty during Covid, so the comparison to Milei is pretty accurate. Both are simply insane
@@theelvensong4328 How does it feel to lick the boots of a convicted felon?
So you´re going to avoid talking about the rol of the miltary coup in the 70s? a coup directed by the CIA and named "Plan Condor", Peron didn´t mismanagged the public companies, those companies were running at their peak when the 1976 coup took part, they ended up dismanteling those companies and solded up to foraign interest, all the financial losses from public and privates companies were absorved by the coup gov. they asked for loans to the IMF in the 70-80s and there our external debt grew huge, we (the people) kept the debt ...they (military gov/politicians/business executives) flew abroad with the earnings, in the 90s happened again with a democratic elected president, he took a huge debt to mantain the illusion of a monetary equivalence between the US Dollar and the Argentinian Peso, that bubble burst in 2001, its not about left or right, its about who´s pulling the strings from the shadows, the actual elected politicians are the same ones who lead us to the 2001 crisis
Of course, this is a propaganda channel. Just look at the rest of his videos. Objectivity is not the goal.
De donde sacan tantas pavadas? Milei estuvo con De La Rua? Vamos a negar que al viejo lo tumbó el peronismo?
Dale, déjense de joder…
Excelent video explaining with great detail the truth of Argentina. Thank you!
Glad you liked it!
I appreciate your intentions. I am from Argentina and I completely disagree with you. All the previsions that Milei made were in this year wrong. More unemployment, destruction of the national industry. Increase in imports, decrease in reserves. Central bank gold sale. Inflation of 70% in 6 months.
Agree with my compatriot, this guy called Milei, is litteraly destoying our country`s economy.
No offense, but you clearly don't know much about economics. No matter how good the new system is changing stuff always results in serious short-term pain. My Eastern European country went through same thing.
Even Milei said "It will get worse BEFORE it gets better." Too many socialist jobs and policies in Argentina were just unsustainable.
@@ReekyCheeks I am an economist from the UBA. I think I understand a bit about my country history and economic development.
"Socialist jobs and policies", could you be more specific please?
Argentina is "unsustainable" because the whole history of the country is debt and capital flight. Already 200 years.
I respect your view and your analysis. Gladly we could meet on a Videocall and discuss. It would be easier and clearer. Thanks!
@@GuidoBenoit Economista de la UBA? La misma UBA donde los profesores hacian campaña politica contra Milei, diciendo que no iba a haber clases sin que los pibes paguen por cada clase? Que prestigio.
La unica razon por la cual tenemos deuda es porque los gobiernos gastan mas de lo que recaudan, es asi de simple, la guita no es tan abstracto un fenomeno que uno puede divorciar su accionar de la realidad mas basica del mercado: Si queres algo, tenes que dar algo a cambio.
@@belthesheep3550 Vamos por partes.
1) Lo que digan los profesores de la institución es una cuestión de su ideología personal. Algunos apoyan a Macri-Milei y otros al peronismo. Es imposible disociar una carrera de Ciencias Sociales de la opinión personal.
2) El dinero es un medio de cambio. No un fin en si mismo. El dinero está disociado de la "realidad" o la "Economía Real". Por algo existe la tasa de interés. Un precio de mercado asignado a la resignación de dinero presente por un monto superior en el futuro.
3) Se puede gastar más de lo que se ingrese y aún tener una economia estable y creciente. Sino te invito a revisar la historia de USA. El problema es lo fiduciario. La Fe. Los animal Spirits, llamalo como mejor te parezca. Perspectivas de mercado. Argentina tiene una historia de deuda, default e inflación. Una arraigada olicarquía agraria y empresaria que tiene suficiente poder de mercado para marcar el terreno. En gobiernos como el actual de Milei, ese poder se asienta aún más en detrimento de nosotros, los 4 de copas.
Abrazo y te leo
Good video, I watched the debate between Milei and the other guy. Milei made clear that his plan was to take the Falklands only by diplomacy, and I do not think that is pie in the sky. If you are a traditional, classically liberal, Christian, ethnic Englishman on the Falklands, Milei's free Argentina in a decade will look more attractive and more familiar than the increasingly authoritarian and Balkanized UK. If an Englishman can enjoy the rights and prosperity his great grandfather had 100 years ago as an Argentine citizen now? Who could blame them.
Good luck to Argentina!
Milei is a miracle that has hapened to us There is no other way to explain it
Very poor Chile is only 60th richest country! Very poor Chile tried this Milei total free economy! Argentina will be very poor the top 60th richest country in the world with Milei!
For the first time, I have developed some respect for Argentina. A nation can only become what it's citizens make it.
I sincerely hope Javier succeeds.
Either Milei will pull out a major W with his policies, or it'll lead to a massive disaster. Godspeed Argentina, I hope he does a good job.
Oh yes Zimbabwe and El Salvador, the two great economic miracles of the modern age.
It’s great being able to sell your products at dollar rates, makes it so much easier for the multinational company to take all the profit run the mine into the ground then walk away
South america will be the next superpower
Argie here. I like the fact that these videos are becoming more and more frequent, but we have to be honest… Argentina is still not energy independent (even though it could by next year), we're currently spending USDs to import energy.
And please, please don't underestimate Brasil man, we're way behind them.
The new leader of Argentina is an unusual man. He looks like he's from the 1970's . So far he's done some fairly unusual things too...like turning up to world meeting which Argentina have routinely not attended in the past. It will be interesting to see how he gets on. My somewhat uneducated opinion of him is that he's a likeable bloke who seems to be trying to steer a safe course.
I'm British and I love Argentina.
We have much more in common than what divides us.
Nope, British is not a third world country
Great description!! It’s just the beginning! 🇦🇷🇦🇷🇦🇷
It's impressive how people support the loss of worker's rights and support of bussiness that exploit the labour of people in vulnerable status... It´s implementing the same neoliberalist economical decisions of the military junta during the argentine dictatorship...
My president!
VIVA LA LIBERTAD CARAJO!
VIVA MILEI !!!!
This is one of the most delusional videos I've ever listened to. Good luck.
I hope im wrong but I don't think this isn't gonna age well . right now Argentina is suffering .
Brazil is a neighbour, and it's not small or dysfunctional.
Here from the Argentinian future, 3 months later, all our stocks are on the fall, our industry is in shambles, 3500 business closed, most big factories suspending production and firing workers, unemployment, poverty and indigence on the highest point in 25 years, several missing children in the interior with people from Milei's party involved and covering it up.
The government has also printed the most money in a first semester in history, they are keeping food that was for shelters locked up even when justices already ruled they should give it up.
We also spent 10x times the amount we should have in imported natural gas because Milei suspended work on vital infrastructure. The price of food has more than tripled since december.
They have dissolved the national news agency and reformed it as a "propaganda agency" (their words) and are cooking up new restrictions for medicinal cannabis, all of this supported by police violence and repression of protests, still, they call themselves "libertarians".
The anarcho-capitalist experiment is an abject disaster and it's just going to get worse.
The only ones benefitting from this are the US, UK, and Israel which get to plunder our natural resources for a penny (or for free in the case of the UK's oil theft from the Malvinas.
But yeah sure, if some neolib yankee youtuber says we are on our way to become a superpower, he must be right.
Creo que tus fuentes son Crónica TV y c5n.
Yeah, we're a mess right now. And you didn't even cover how gaudy the government is. Like, the definition of kitsch and tacky.
@@Pvz606. Mi fuente es el indec, y las camaras industriales, cara de verga.
Do a favor for me. If it goes down hill, make a video explaining why it did.
Absolutely
Interesting video, would be nice however if you also focused on the aspect of the people in Argentina, you've focused a lot on the big picture while leaving out the average person.
And we are sinking here, this video is not accurate
check what happened in Argentina during the 90's and the 2001 crisis.
What an incredible analysis of Argentina's current situation and its promising future!
Argentina is geographically isolated from the major consumption centers in Europe, North America and Asia.
And it is in the unpopulated area of the world. This does not allow the development of another large consumption center.
It cannot be compared with the USA.
So the only thing it has to compete is quality. Little but good. Better but the best. That is the basis that Argentina has to play in the world.
Neither is Brazil, yet it is a top 10th economic world power.
@@Chris_Serrani Trade routes to Brazil are shorter. Brazil has 3 times more inhabitantsand is 3 times bigger than Argentina.
They are not the same.
Length of trade routes is not such a major issue in the modern world. China has seen great improvements by trade despite its two biggest markets being the United States and Europe, with shipping distances on the order of 10,000 km and 20,000 km respectively, wheras from Buenos Aires the shipping distance to either the U.S. or Europe is around 11,000 km.
wow, this video is already aging like a fine milk)
We already had privatization in argentina, back in the 90s, it ended in disaster, this will be the same, we didnt learn from our past errors so we are doomed to repeat them, milei will not bring anything good in the long term, just like menem didnt, and after he leaves, the peronists and all their corruption and stupidity will come back in force, strenghtened because of milei´s fuck-ups, and removing them will be even harder
Que hermoso pais argentina, saludos desde argentina.
Wholeheartedly rooting for Milei. His speech at the WEF was, to me, the speech of the century. I'm hopeful that the US takes a few pages from his playbook to free up our economy and rid us of growing socialistic tendencies. Viva la Libertad, carajo!
Poverty in Argetina has been raising since December 2023. Turns out no one eats economy or superavits.
And also not you jumping from Peron to Kirschner and skipping USA-funded Military Coup and govt, and then blaming the chaos solely on peronism.
@@allankokkonen5722cortala K
Milei's first measure was to devalue the peso by half, making it even more worthless than it already was. But I guess that's a masterful gambit for Milei fanboys.
@@JoaoSantos-ur1gg In the informal (the majority) market the peso was worth much less...
American asking for dolarization as a panacea, forgetting that Argentina in the past dolorize itself.
World is dropping dollar as a trading currency, but the west is having a very hard time to notice it.
The economic literacy displayed in this video is a breath of fresh air. Phenomenally woven together. Very impressed!
This is the most accurate investigation of the context of my country made by a foreign. Congratulation, keep this great level of content.
Aaron please explain again how selling out entire country into corporate slavery can be considered a ''win'' for newly indentured sla.. "talking farm tools" ( thats from ancient Roman terminology )
Nice video. As an argentinian, I have hope in this new government.
It will not, it is literally the poorest coutry in latin america despite being the second biggest, it has no railways, only one big city, no industry and has one of the biggest inflations on earth. Capitalism has brought nothing to Argentina beyond poverty, hunger and despair.
Capitalism has brought despair to your country even though it was once the richest country due to it? And it became much poorer after left-wing presidents heavily regulated the markets and destroyed its economy by giving out "free stuff"
@@anotherperson2730 it rose during left-wing presidents, then fell during us-backed coups
I'd argue the issue isn't capitalism, but laissez-faire. If only there was a central authority of some sort to give corpos a nice little nudge to not forgot to keep citizen's standard of living high.
@@to101md the working class can make its own workplaces where decisions are decided upon democratically, without the need of money hungry corporate managers. search up worker co-ops
As an Argentinian, I know this is not going to end well. I have already experienced 3 similar stages in my country. And I know that liberalism only benefits the powerful. Maybe we should ask ourselves what "winning the 2030s" really means.
No sabés nada..😂😂😂😂😂
mamita, estos libertarios prefieren mirar un yankee q no entiende nada de politica ni cultura, teníamos el salario mas alto en america latina en el final del mandato de cristina y despues se fue todo a la verga. ni izquierda ni derecha, inventos europeos, argentina es peronismo
Argentina already won. They have Patagonia, Messi and high quality beef
He travels economy class on aircraft..saw a video of him,passengers loved it.He walked down the aircraft shaking hands with his fellow citizens..
Literally just last week he used a USD300k private jet to go to a billionaire's camp. With public money.
I would love to rewatch your video, but taking into consideration the 1976-1982 dictatorship. I know that it would completely change your mind about the situation in Argentina.
The 1976 military dictatorship has nothing to do with the economic roadmap the Milei administration has in mind, my friend
Dictatorship moto: To reduce the state to enlarge the nation. Also they have in common the financial bicycle.
@@hernanmadariaga480 Claro que si, fijate por ejemplo las politcas de martinez de hoz, todo está pasando de nuevo, bicicletas financieras, cierre de pymes, pedir deuda,, hacer publicas las deudas privadas (bopreal). Que parte es diferente?
@@Max-zr7jf Hoy, y cada vez que hay inflacion y dolar estancado hay bicicleta, la bicicleta hoy en día es hacer tasa con pesos y justo antes de abrir el cepo cambiar todo a dólares baratos, ya pasó cuando caputto y macri sacaron el cepo (para lo cual tambien quemaron prestamos del FMI). Si solo seguis a la inflación, te haces 12% (facil) este mes en DOLARES. Esto no existe a nivel mundial y tiene un costo gravísimo.
El deficit 0 sin emitir está barbaro en papeles, pero ojo, Hoy lo hicieron a base de deuda, de algunos recortes, desempleo y de MUCHISIMA licuación. Encima como no quieren tocar el dólar, ni tampoco abrirlo, los exportadores van a vender lo mínimo necesario, la clase media tiene 30% menos de ahorros que en diciembre, los inversores no quieren traer dolares porque les rinde poco y Nadie en general puede comprar nada poque todo está mucho mas caro y como el hombre de a pie dependía en gran medida del gasto del estado para subvencionar gas/Luz/agua/nafta/Abl/jubilacion/transporte no hay consumo y eso genera desempleo si o si, aca hay mucha pyme y mucho autónomo.
Entonces, SI tenes deficit "0" simbólico, pero tambien tenes una recession super fulera, donde nadie quiere dar el paso de vender sus dolares/cosecha para inventir y encima si lo haces tenes que tener mucho cuidado que no se pueda importar más barato y que alguien (claramente no los jubilados) tenga plata para consumir.
Que va a pasar ahora? Lo mismo que las otras veces, FMI viene y pone plata, por 2/3 años todo parece que repunta y después te pegas una corrida en dolares fulerisima, sube la inflación de nuevo y volvemos a lo mismo, viene un peronista, devalúa y reparte platita fresca.
Que tendra que ver la dictadura?
They used to say that Brazil was the country of the future. They kept saying that the following decades but the future never came. I hope it's not the same with Argentina. When I visited Argentina first time in 1993 after having traveled around the world for 2½ years, I told Argentinians that it should be 2 pesos to the USD but no one would listen. The peso had been locked to the US dollar at 1:1 and they were enjoying buying imported goods and traveling abroad. Corrected for inflation, I was eventually proven right. They could have saved themselves a lot of hardship.
It's always funny to see how people try to explain the world from the matrix perspective, totally ignoring the wills and goals of those multi-billionaires who have the time, power, money and will to change the world. You can look at money and governments all you want - if you never look at those people paying the lobbyists in the first place, you will just do wild guesses.
Huh
1000 % increase on ⛽ and food. If 🇦🇷 Argentina's could find ⛽.
In a dream plan. It looks great in paper.. Well great for business international.
Not good for the local public. Unfortunately
But great for the 🇺🇸 USA
Perhaps a new military base. 😊 Perhaps in the near future😊
Mexico stop selling them ⛽. Do to no financial capital 💸 ( no money no ( honey) ⛽ gas.😊
@@renerodriguez2134 wtf are you even talking about pa ya so, mexico is not the main exporter of gasoline to Argentina, it is Brasil. go study before talking.
Brazil, 8th largest economy in the world, 7th largest population, 5th largest territorial extension on the planet, its army is almost more than 10 times larger and more armed than that of Argentina, but it is small and dysfunctional.
The biggest problem is how unequal Argentina can get. And the current hunger their peope are facing due to so many economic reforms. How can a country function properly if half of its population suffers from poverty and/or hunger?
I live here in Argentina and so far prices have already paired with European countries, minimal wage is growing and will mostly recover from 200 usd to 500 usd by the end of the year. hiperinflation has been stopped and the future looks very promising tbh.
This is mostly opinion, and a lot of info is just wrong
Yep, but that's how propaganda works.
Anulo mufa
I believe, that he refers to the contrast that existed until just a few decades ago. Argentina was growing at full gallop while the rest of the region was not. He should have clarified it better...