Argentina's Economic Miracle? How Milei Saved a Nation on the Brink | IEA Interview

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  • เผยแพร่เมื่อ 27 ธ.ค. 2024

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  • @alvarovega1994
    @alvarovega1994 6 ชั่วโมงที่ผ่านมา +19

    Great discussion and I have great hopes for Argentina. Bravo!

  • @JoinTheTemple
    @JoinTheTemple 21 ชั่วโมงที่ผ่านมา +50

    If only we had a leader like Milei in the UK. He is rapidly becoming a legend. Not just for the success in already turning round a dramatically bad situation but also his speeches advocating for liberty to the snakes at the WEF and UN (amongst others), right in the belly of the beast.

    • @loscocolisos
      @loscocolisos 15 ชั่วโมงที่ผ่านมา +9

      Greetings from an Argentine living in Australia!!!
      I never voted before since I came to Australia, last year I did because I saw a light for my country, someone different, with convictions, an outsider!

    • @pondeify
      @pondeify 14 ชั่วโมงที่ผ่านมา

      Lack of free speech will prevent any chance of change in the UK

    • @william_marshal
      @william_marshal 11 ชั่วโมงที่ผ่านมา +2

      You have Milei you have millions more in poverty ... is that what you want or are you another of those "I'm all right Jack" people?

    • @Leo_O666
      @Leo_O666 10 ชั่วโมงที่ผ่านมา +8

      ​@@william_marshalthats not true... Poverty decrease to 38%

    • @jonashanfland-b9g
      @jonashanfland-b9g 9 ชั่วโมงที่ผ่านมา

      Keep lying. Poverty dropped by a lot recently. The only reason it was high was because mismanagement from the previous administration.

  • @juanvia8394
    @juanvia8394 6 ชั่วโมงที่ผ่านมา +10

    ¡Gracias Axel!
    He is a great thinker and, of course, all he said is true.
    I am a argentinian pensionist.

  • @bestofsatish
    @bestofsatish 6 ชั่วโมงที่ผ่านมา +18

    What made west rich were Protestant christian values, merit based system, no subsidies, no freebies, no affirmative system, very small govt, rules based society, free market economy. But most countries did not like it because it made them work hard for their living. Simple rule is talent based on work should be rewarded accordingly. anything which hinders it, you become poorer.

    • @eduardouncos1508
      @eduardouncos1508 2 ชั่วโมงที่ผ่านมา

      CONINCIDO TOTALMENTE

  • @PoussinNoNeko
    @PoussinNoNeko 6 ชั่วโมงที่ผ่านมา +20

    It's so delusional to see the opposition trying to discredit his achievements in the comments... when it's pretty clear for all of us outside. Especially for people like me, living in Brazil, we can see the change in our neighbor country: they are coming back on holidays, they have more purchasing power, prices are not so crazy, etc.

    • @user-je3sk8cj6g
      @user-je3sk8cj6g ชั่วโมงที่ผ่านมา +1

      Ah yes. I'm Brazilian too. While Argentina is rising, our country is sinking. I'm seriously thinking about moving to Argentina. Brazil is doomed.

  • @danielduggan7126
    @danielduggan7126 48 นาทีที่ผ่านมา +2

    Milei is a hero.

  • @felipeherrerasalinas9488
    @felipeherrerasalinas9488 2 ชั่วโมงที่ผ่านมา +3

    Milei clearly told the Argentinians that if they stayed on the current path, they would become like Venezuela, but if they switched to libertarianism and a free-market system, there would be short- to medium-term massive pain; however, in the end, they would be better off.
    And it’s working.

    • @buildmotosykletist1987
      @buildmotosykletist1987 2 ชั่วโมงที่ผ่านมา

      He is also saying they have a long way to go. I hope everyone hears that part of the message.

  • @Stafford674
    @Stafford674 ชั่วโมงที่ผ่านมา +2

    There are a few eternal truths in economics
    (1) Unfunded fiscal deficits lead to inflation
    (2) Government spending is mostly wasted.
    (3) The Economist magazine is always wrong.
    Once inflation is under control, Millei will be able to dispense with capital controls and Argentina will take off.

  • @Tamara-qd5dc
    @Tamara-qd5dc 8 นาทีที่ผ่านมา +1

    Praying for the success of Milei and Argentina! Stay safe, Javier! 🙏🙏🙏

  • @claudiaperfetti7694
    @claudiaperfetti7694 3 ชั่วโมงที่ผ่านมา +3

    What a great interview! The triumph of the truth over the LIES! GREAT JOB!

  • @Robert-A-R
    @Robert-A-R 3 ชั่วโมงที่ผ่านมา +6

    Good choice Argentina - maybe one day Britain will wake up, but I won’t be holding my breath. I will vote Reform tho

    • @LegalAutomation
      @LegalAutomation 2 ชั่วโมงที่ผ่านมา +1

      Britain will wake up after its current government completely implodes 😊😅

    • @Ascerian
      @Ascerian 2 ชั่วโมงที่ผ่านมา +2

      Get Farage in, we need to see that in this life

  • @Hans-qi3wq
    @Hans-qi3wq 13 ชั่วโมงที่ผ่านมา +12

    Next: DOGE

  • @buildmotosykletist1987
    @buildmotosykletist1987 2 ชั่วโมงที่ผ่านมา +2

    The recovery of Argentina will take at least a decade. I hope the people have the stamina to follow through on this journey as it will then become a great example to the rest of the world.
    BTW, there are still considerable hurdles still to come like the crime and corruption as just one example.

    • @user-je3sk8cj6g
      @user-je3sk8cj6g ชั่วโมงที่ผ่านมา

      No it won't. It is already recovering, and fast. Poverty already went down to 38% - it was 46% when he took office. In the third trimester of 2024, GDP grew 3,9% - so, it probably has grown in the Q4 too, it's just that the data hasn't come yet. For 2025, it will grow AT LEAST 5%. In 10 years, Argentina will be a rich country, just mark my words on that.

  • @audience2
    @audience2 12 ชั่วโมงที่ผ่านมา +13

    I was trying to buy Argentinian wine over Christmas to help Milei's exports. Barely found any, there was much more Chilean wine.

    • @jimmillward3505
      @jimmillward3505 8 ชั่วโมงที่ผ่านมา

      Chilean wine is better quality anyway.

    • @AtiendoDolobus
      @AtiendoDolobus 4 ชั่วโมงที่ผ่านมา

      @@jimmillward3505 Según quién? Ud. es enólogo? 😂

    • @GUMMRUCHK
      @GUMMRUCHK 3 ชั่วโมงที่ผ่านมา

      @@jimmillward3505 You completely missed the point of why op wanted to buy the wine you dunce.

    • @brebuoch
      @brebuoch 35 นาทีที่ผ่านมา

      @@jimmillward3505 No serious wine drinker would judge wine by the nationality. Wine is about the place, the grape, and the wine maker. Try again.

    • @maximilianoycarla
      @maximilianoycarla 6 นาทีที่ผ่านมา

      Buena oportunidad de negocio entonces! Gracias por el dato, y gracias también por el deseo de colaborar con nuestra economía 🙌🏻

  • @gladysalmarcha9248
    @gladysalmarcha9248 10 นาทีที่ผ่านมา +1

    admirable axel! 🇦🇷

  • @79_e665
    @79_e665 ชั่วโมงที่ผ่านมา +1

    Excellent unbiased, Alex is a brilliant mind and has a chance to become a future president of Chile.

  • @williambrown5966
    @williambrown5966 13 ชั่วโมงที่ผ่านมา +15

    Wonderful country. Time to recover..
    Wish all Argentinian people the best.
    Keep your borders closed.
    Too many people on the move these days.

  • @DowntownPaco
    @DowntownPaco 2 ชั่วโมงที่ผ่านมา +4

    Excellent podcast. Let’s be very clear, Javier Milei is a Libertarian. I really wish people would stop comparing him to the extremist right in the United States and England which hides behind christian nationalism. Libertarians believe in true freedom, economic and personal, a far cry from what Christian nationalists want to do in the United States. Again, Milei is a classic economist something we have never seen before, not even in the United States. Let us also be very clear that the “West” is drunk on Keynesian economics. As a Libertarian I am hopeful for my parents homeland of Argentina.

  • @robhappe2705
    @robhappe2705 10 ชั่วโมงที่ผ่านมา +9

    Argentina’s relationship with Musk will attract tons of investors from the Middle East and US

  • @fresitafleko2029
    @fresitafleko2029 30 วินาทีที่ผ่านมา

    Ksiser is a GIANT! Milei is the prophet.

  • @RTC1655
    @RTC1655 5 ชั่วโมงที่ผ่านมา +3

    Milei #1

  • @Digmen1
    @Digmen1 19 นาทีที่ผ่านมา

    I found that Argentinian people did not work very much and did not put any money into the banks
    Lets hope Milei can continue for a few more years till it really turn around.
    The people will have to be strong and bear the pain for a while

  • @patricksullivan3919
    @patricksullivan3919 7 ชั่วโมงที่ผ่านมา +7

    You cannot have an economy when everyone works for the government

    • @Ascerian
      @Ascerian 2 ชั่วโมงที่ผ่านมา +2

      Tell that to Canada, they need to know

  • @maximilianoycarla
    @maximilianoycarla 9 นาทีที่ผ่านมา

    Exciting times, that's right

  • @user-je3sk8cj6g
    @user-je3sk8cj6g ชั่วโมงที่ผ่านมา +3

    So, inflation in Argentina now is at 2% per month. Doing the math (1,02^12) that gives an inflation of 26,9% per year for the next year (2025). That seems pretty high, but let's remember that inflation was above 300% annually when he took office. And, inflation is still going down, therefore it will actually be much lower than that. There's zero doubt that by 2026, inflation will be at a single digit, if not between 0.5-2%. By 2026, the Argentinian Peso will be the best currency in the world, even above the Dollar itself, only losing to Bitcoin. Poverty was at 46% when he took office. It when up to 51% during the middle of the year, but now it already dropped to 38%, therefore in just a single year, poverty has already declined. The government is paying all debt on schedule for the first time in decades, the debt is being reduced and there's still fiscal surplus from the budget. I don't call it a "Miracle" simply because I have been a Libertarian for years, thus I always knew that this would be the inevitable outcome. But it is still impressive nevertheless.

  • @carlosgabrielli3928
    @carlosgabrielli3928 2 ชั่วโมงที่ผ่านมา +2

    Great Axel Kaiser , next presdent of Chile!

    • @ariancaviglia4778
      @ariancaviglia4778 ชั่วโมงที่ผ่านมา

      Como Argentino te digo que seria lo mejor que le puede pasar a Chile para terminar de despegar, ojala suceda.

  • @siphotheguy1870
    @siphotheguy1870 26 นาทีที่ผ่านมา

    I thought Madonna was Argentina's ruler?

  • @robhappe2705
    @robhappe2705 10 ชั่วโมงที่ผ่านมา +3

    Argentina can move in the slip stream of the US

    •  10 ชั่วโมงที่ผ่านมา

      Straight down the shitter.

  •  5 ชั่วโมงที่ผ่านมา +1

    British Labour Govt. and Tory's will totally ignore Milei's success; he proves how incompetent they have been.

  • @cw7661
    @cw7661 5 ชั่วโมงที่ผ่านมา +1

    A free enterprise wins

  • @JungleJargon
    @JungleJargon 2 ชั่วโมงที่ผ่านมา

    *Fuera! Fuera! Fuera!* 😂

  • @giancarlogarlaschi4388
    @giancarlogarlaschi4388 3 ชั่วโมงที่ผ่านมา

    " We have to tighten our belts , Lear how to Export ...or we are Not going to be a Viable Country "
    1980s
    Chilean Military Government.
    Kindest Regards

  • @louistan7560
    @louistan7560 16 ชั่วโมงที่ผ่านมา +3

    How much to spin Minus' "success"?

  • @gnolan4281
    @gnolan4281 3 ชั่วโมงที่ผ่านมา

    Por favor, his name is not pronounced Javie' it's Javier. The r in Spanish is as rhotic r with the slightest trill.

  • @novreis1952
    @novreis1952 14 ชั่วโมงที่ผ่านมา +3

    I have only some glimpses of Milei, but when I see someone say what he said about China, and a few months later changed his narrative about the relationship with this country, for me he did not show maturity initially. It seems he is growing now. But the first impressions count and I am not impressed

    • @furbymetal83
      @furbymetal83 8 ชั่วโมงที่ผ่านมา

      Tf are you talking about? He never changed his narrative about anything. The previous governments were bootlickers of the Chinese, kept giving them large chunks of our territory and even allowed them to set up military bases. Milei is just not getting in the way of commerce, cause he is a libertarian, remember? Yeah, I can tell your "research" was VERY limited, which makes your opinion quite irrelevant

    • @Swedishpolymath
      @Swedishpolymath 6 ชั่วโมงที่ผ่านมา +1

      He is playing a character like Trump. Or played like a character. Once Harris gets into office and the clown show stops this will start to pick up quickly. Milei has von Mannheim's approval. I am looking forward to doing business with the Argentinians. Pochettino is my main choice for Finnish National Team manager.

    • @jasonsccheung3831
      @jasonsccheung3831 6 ชั่วโมงที่ผ่านมา +1

      Where is the immaturity in his narrative with China ?
      He acknowledged the negatives of countries doing business with China under the so called One Belt One Road and make it plain he doesn't want anything to do with it. But he also said would do business with China in equal terms.
      Where is the immaturity ?

    • @Swedishpolymath
      @Swedishpolymath 6 ชั่วโมงที่ผ่านมา

      @@jasonsccheung3831 I have no idea. It seems like a reasonable take from a politician. But then again from 2017-2021 the US had a president that was basically Reagan 2.0 and the more I read about Reagan the more I become convinced that his views on economy was outdated already then and he had a lot of help with his foreign policy so.
      I mean Reagan was a small time actor that had a pretty successful carrier and ended up becoming the president of his country chapeau old chap but he was not Winston Churchill.

    • @novreis1952
      @novreis1952 5 ชั่วโมงที่ผ่านมา

      @jasonsccheung3831 , if you had the clairvoyance to look what he said, you would understand . But I like to help lazy people
      Javier Milei declared Argentina would not "make deals with communists" in China or Brazil, calling their leaders "murderers" and "thieves"

  • @johnnagle7702
    @johnnagle7702 3 ชั่วโมงที่ผ่านมา

    Its impossible to turn a country that has such embedded problems around without pain.Not buying it

    • @buildmotosykletist1987
      @buildmotosykletist1987 ชั่วโมงที่ผ่านมา

      The PAIN is always at the forefront of his speeches. I reckon the people have heard it, the polls say they have but do they have the stamina to see it through, perhaps, we'll see.

    • @matiasnardelli7232
      @matiasnardelli7232 50 นาทีที่ผ่านมา +1

      Eirher you change your habits and review your threatmens today, or get an painfull urgent cergury in the future. Argentina took the second path.
      Milei explain It very well for more than 8 years. Even during campain. No sweet líes or magical solutions.
      People understand it (reality overcam undeniable any more).
      People vote for It.
      Milei even repet It in his inauguration speech.
      Its been a rough year, but we have Hope now.
      Sings of recovery starts to be seen.
      We have a long path but we are in the good direction.

  • @Paul-e9x4h
    @Paul-e9x4h 7 ชั่วโมงที่ผ่านมา

    Dari mulai produk pertanian, makanan, peralatan rumahtangga , facial , fashion ,dll dll yang mudah digerus oleh masa kedaluwarsa dalam mencari pasar yang efektif bisa diatasi dengan banyaknya peluang pemasaran baik online maupun offline bisa lebih memberikan hasil dalam mengurangi debit penumpukan terhadap masa masa pakai barang menjadi lebih cepat terdistibusikan kepada pengguna sehingga kerugian kerugian dari sisi ini yang hitungannya bisa mencapai tingkat persenan bisa lebih terhindarkan . Mungkin juga debit penjualan juga bisa menjadi lebih diperbesar lagi setahap demi setahap

  • @delfacto121
    @delfacto121 วันที่ผ่านมา +7

    His damage willbe visible over several next years. Its just extremely oposite change but result willbe very similar end up in just another disaster.

    • @gror7849
      @gror7849 วันที่ผ่านมา +1

      Doom and gloom is the best policy the left has ever devised!

    • @drpudding47
      @drpudding47 วันที่ผ่านมา +11

      Classic evidence-based argumentation here glad we have you, the oracle that you are, shining a light on the world's corruption with your enlightened comment.

    • @duitseles9687
      @duitseles9687 วันที่ผ่านมา +12

      Yes, let's try some more statism/socialism, this time it will work!

    • @1dering1
      @1dering1 23 ชั่วโมงที่ผ่านมา +6

      I hope you don’t erase this comment. It will be proven incorrect.

    • @theoronig6440
      @theoronig6440 23 ชั่วโมงที่ผ่านมา

      Kann es sein das Du nicht weißt wovon Du sprichts? Präsident Milei ist studierter Ökonom und der fähigste der Weltgeschichte. Bin als Historiker kein Fanboy, aber er ist epochal und wird Argentinien in eine goldene Zukunft führen.

  • @andrewdale3695
    @andrewdale3695 16 ชั่วโมงที่ผ่านมา +8

    Pure propaganda. He's been a disaster

    • @audience2
      @audience2 12 ชั่วโมงที่ผ่านมา +16

      You're the propaganda

    • @Leo_O666
      @Leo_O666 10 ชั่วโมงที่ผ่านมา +4

      No, you should stop watching bad propaganda and focus on the numbers.

    • @johnnagle7702
      @johnnagle7702 3 ชั่วโมงที่ผ่านมา

      ​@audience2 keep an open mind

    • @edsteadham4085
      @edsteadham4085 3 ชั่วโมงที่ผ่านมา +1

      Yeah that 20 percent monthly inflation was awesome eh comrade?

    • @butacaexplosiva333
      @butacaexplosiva333 ชั่วโมงที่ผ่านมา +1

      Yo no lo vote y aun así veo grandes mejoras en la economía. Cual es el desastre?

  • @william_marshal
    @william_marshal 11 ชั่วโมงที่ผ่านมา +4

    Raising poverty from 20% of the population to 55% of the population is not an Economic Miracle !!!

    • @peterfireflylund
      @peterfireflylund 10 ชั่วโมงที่ผ่านมา +10

      That was *before* Milei.

    • @Leo_O666
      @Leo_O666 10 ชั่วโมงที่ผ่านมา +7

      Poverty never was in 20%... you got wrong. It was above 50% and now is 38%

    • @jonashanfland-b9g
      @jonashanfland-b9g 9 ชั่วโมงที่ผ่านมา

      Keep lying. Poverty dropped by a lot recently. The only reason it was high was because mismanagement from the previous administration.

    • @moneyobsessed
      @moneyobsessed 9 ชั่วโมงที่ผ่านมา +4

      Wrong data smuck

    • @secretname4190
      @secretname4190 6 ชั่วโมงที่ผ่านมา

      poverty right now is lower than it was when he came into office

  • @MMerlyn91
    @MMerlyn91 4 ชั่วโมงที่ผ่านมา

    Tell that to the poor, funny how Milei is always praised like no other right-wing figure, it tells you who's a good boi who sells his people as cheap workforce to foreign companies.

    • @Queenmaster1976
      @Queenmaster1976 2 ชั่วโมงที่ผ่านมา +2

      The poor are happy with Milei, his electoral base is the poor, and in 9 months there are 12% less poor people in the country. So.. yeap go fy!

  • @mrwpg
    @mrwpg 20 ชั่วโมงที่ผ่านมา +6

    This propaganda is hilarious, Argentina is in crisis, people are tarving, the currency has collapsed.
    *the NATO BOTS attacking me in here prove i am right, see you all in court 77 Brigade / CTI League.

    • @jaunt3603
      @jaunt3603 20 ชั่วโมงที่ผ่านมา +12

      Inflation has stabilized. What is your plan?

    • @1dering1
      @1dering1 20 ชั่วโมงที่ผ่านมา +5

      @@mrwpg are you from Argentina?

    • @markespinoso5055
      @markespinoso5055 12 ชั่วโมงที่ผ่านมา +9

      Are you a presstitute from The Guardian?

    • @Leo_O666
      @Leo_O666 10 ชั่วโมงที่ผ่านมา

      The prevous gobernment destroy the currency, Milei make the peso stronger now, inflation reduce dramatically, economy is rising, sales increased a lot comparing the last year. Stop watching the leftist news, you being brainwashed.

    • @mrwpg
      @mrwpg 8 ชั่วโมงที่ผ่านมา

      @@markespinoso5055 ^^77 Brigade BOT ALERT^^

  • @TonyStewart-q6e
    @TonyStewart-q6e 8 ชั่วโมงที่ผ่านมา +1

    Impossable to putright in such a short time. T

    • @buildmotosykletist1987
      @buildmotosykletist1987 ชั่วโมงที่ผ่านมา

      That is what Milie has been saying all along. He knows this will be a long journey.