The hyperliberal Milei Beats Massa and will be the new president of Argentina
Even if some minimal adjustments are possible, the situation is now clear and the opponent has also conceded victory: Javeir Milei will be the new president of Argentina and he beats Sergio Massa even by a certain margin. Below is a graph published by El Clarin when approximately 87% of the votes had been controlled
Even his opponent Sergio Massa clearly admitted defeat, stating that now the responsibility for governing the country, and for what will happen, is no longer his, but passes to his opponent. The problem is not so much for Massa, but for the entire apparatus of government, and of exploitation of the government itself, created by the Peronists of United for the Fatherland in all these years of government. Now the positions in the power underworld of Buenos Aires will have to change owners.
Cristina Kirchener, the strongman of the Fernandez government and leader of the Peronists, literally panicked when she saw the electoral data. Moreover, the gap between his party and Milei's is notable. The economy minister wanted to leave his post immediately, but Milei ordered him to complete his mandate.
Javier Milei stated, in his first words, that “ Drastic changes ” are necessary and that “There is no room for gradualism”. We'll see some beautiful ones!
After the accusations of recent days, the leaders of Milei's party, La Libertà Avanza, admitted that the elections were perfectly transparent and regular.
In the meantime, the Peso has collapsed , literally, against the only free exchange rate with the Dollar, i.e. that of cryptocurrencies against stable coins expressed in dollars, such as Tether and USDC. The collapse is decisive and within a few minutes the Peso has devalued reaching values that vary, depending on the exchange, between 1250 and 1330 Pesos for one dollar.
Moreover, Javier Milei promised the completedollarization of Argentina's economy, with the abolition of the Peso and even the abolition of the country's Central Bank. Now he will have the chance to implement his hyper-liberal policies, including the privatization of almost all, if not all, public services. Let's see if he will have the courage to do what he promised in the election campaign.
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The article The hyperliberal Milei Beats Massa and will be the new president of Argentina comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/liperliberista-milei-batte-massa-e-sara-il-nuovo-presidente-dellargentina/ on Mon, 20 Nov 2023 06:00:18 +0000.