Argentina votes for ‘Economic Shock Therapy’, votes in far-right Libertarian Javier Milei as Prez

Argentina elected right-wing libertarian Javier Milei as its new president on November 19. Official results showed Milei with nearly 56% versus just over 44% for his rival, Sergio Massa. The result once again caught pollsters off guard who had predicted a closer race. Argentines rolled the dice for an outsider to get rid of looming recession, rising poverty. They exuded their confidence in elected libertarian Javier Milei to fix the country’s economy. During election campaign, Milei had pledged ‘Economic Shock Therapy’ to fix Argentina's economy. ‘Economic Shock Therapy’ includes shutting central bank, ditching peso, and slashing spending. Notably, enormous challenges await 53-year-old economist as he has to creak with $44 bn debt from IMF. Milei’s win shaked up Argentina’s political landscape, economic roadmap and could impact trade in grains, lithium. President-elect is a strong critic of China, Brazil and during campaign, Milei said that he won’t deal with “communists”.
#JavierMilei #Argentina #EconomicShockTherapy
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[@MichaelClerk-xd6ft]

Congratulations Argentina!! Down with the far left !!

[@RajatDuttaSocialMediaHotShot]

Libertarians are not far right. Libertarians are, by definition, stand in the corner of liberty, which far rights are not really known for. So, I think this constant "far right libertarian" spouting is rather disingenuous and DISHONEST.

[@Purp4040]

I mean if we look at social issues he is of the right but economically I'd agree liberterian.

[@hscollier]

Define “Far Right”. You sound like Pravda, using inflammatory language to bias opinion.

[@xxxMrBadExamplexxx]

Apparently "Far Right" is everything that doesn't support woke agenda. :D

[@TraFClub]

Modi is also right wing person

[@Purp4040]

Modi plays both sides, milei is staunchly pro west and free market. And anti china.

[@seventhuser904]

If embracing one's self culture and identity is called right wing then yes he is right wing.

[@AwkwardTruths]

In Argentina, the CPI in August 2023 was 124 percent higher than the one registered the same month of the previous year, with this figure being the largest monthly inflation rate since, at least, the beginning of 2018. Inflation in Argentina has been massively elevated since the economy descended into a crisis in 2018, when its foreign-debt obligations ballooned to unsustainable levels and the peso collapsed against the US dollar. A $57-billion relief package from the International Monetary Fund (IMF)-its largest-ever credit package-was agreed with then-President Mauricio Macri that year, with the understanding that Argentinian policymakers would reduce inflation and public spending, among several key conditions. But inflation continued to spiral even higher as the country struggled to service its debt.

[@Nefertum1000]

Congratulations Argentina! Well done!

[@human8454]

ultra Right wing government

[@blancabarr7269]

The Argentinian Trump! Well done 🙏🏻👍🏼❤️

[@tejesheconomics4072]

😂 He is a free market guy and hates communist and socialist

[@omarjaafar6020]

It's gonna be interesting his plans to cut of from china and other "socialist" country's a very cold war style plan while this would a good plan in the 70s since by denouncing Communism you would move closer to america which was economically stronger than the USSR but idk if this plan would work now especially since Argentina is in economic crisis

[@bermaravi528]

Right win election around the world,what it reflects? There are aging populations,in which identity plays a vital role,such group has dominating influence around the population becs these population knows emotional intelligence well

[@StudioCityCa]

Oíd, mortales, el grito sagrado:"¡Libertad, libertad, libertad!"Oíd el ruido de rotas cadenas,ved en trono a la noble igualdad.Ya su trono dignísimo abrieronlas Provincias Unidas del Sudy los libres del mundo responden:"Al gran pueblo argentino, ¡salud!Al gran pueblo argentino, ¡salud!"Y los libres del mundo responden:"Al gran pueblo argentino, ¡salud!"Y los libres del mundo responden:"Al gran pueblo argentino, ¡salud!" Sean eternos los laurelesque supimos conseguir,que supimos conseguir.Coronados de gloria vivamos...¡o juremos con gloria morir!,¡o juremos con gloria morir!,¡o juremos con gloria morir!