I live in Argentina and yes, many good "Afueras" or "Chainsaw Cuts" especially with government agencies that are corrupt .. Having said that, today Buenos Aires is more expensive than most cities in the US, besides, lowering inflation is taking a toll, virtually all public works were cancelled and not being offset by private investment so far and activity is still very low (you know.. Cemeteries have zero inflation). Crazy guys are needed from time to time, hopefully something good will come out of this experiment🤞, Thanks for your videos !!
Vivir en Buenos Aires es mas caro que vivir en Miami y NY? Viví en las dos ciudades y en Buenos Aires vivía en Puerto Madero. De dónde sacas los números? Debe costar 3 veces menos como mínimo vivir en Buenos Aires
no. doing what you're supposed to do isnt something thats considered incredible. there shouldn't be shortage of tax payers money in the government in any country! there just too many thieves who are in the governments is the problem!!
Lmao have you actually researched how Argentina is actually doing or do you just believe w e you hear. Obviously its the latter based on your comment. I have money not to boast but ill be fine so bring on the united states mimicking Argentina ill be sitting back with popcorn 🍿🧐🤭
Now American publications might say otherwise but since due to the fairness doctrine being abolished in the late 1980s which was basically a law holding news organization to much higher standards of reporting meaning before 1987 media was required to report truthfully. Other major countries still actually have news standards
The government has to reduce its spending if we are ever going to get out of this debt spiral. Luckily, there is so much waste, the DOGE should have plenty to work with.
Our omnibus bill including things like putting on Trans statues and protecting other countries borders. I think they were trying to make the dollar collapse so that we have to accept CDBCs.
Inflation is down because demand has been crushed because regular people have no money to buy anything. Will it work, yes eventually. It is fiscal detox. The casualties are the regulator people.
Relatives in various parts of Mexico have seen a huge exodus since Milei came into office from Argentina. Again, this is my input from Real boots on the ground. Kevin not sure about the data you’re sharing on this one.
@@safetyhomeloans950 Argentines have been going to Mexico for the past like 10 years. Things have not been alright for like 22 years. My family left 18 years go. Way before Milei. I actually know of the opposite, people who were starting to plan on moving to start a family elsewhere and now want to give it a try to see how it will be in the next 10-15 years
My wife and I spent our summer in Argentina this year. It was fantastic and the vibes there around Millei are incredible. Also everything was very inexpensive.
Kevin not sure about this Milei character. My family members from various parts of Mexico are shocked to see a huge migration of Argentinians in the past few years over to The south , central and northern part of Mexico.
I think its worth looking into implications on unemployment in Argentina if Javier Milei cut so many government jobs. I share the same opinion that if we do that here in the US it is likely that the unemployment rate will most likely go up but wondering if you can do some research to find out if thats happening in Argentina to more support this thesis.
More waste in government. They could cut our government by over 50%. 250 departments of waste. Gut it, cut pay to Congress and the Senate cut out the Cadillac insurance they don't pay for. Make them take civilian flights. Cut out there budgets to furnish and replace office furniture.
Been to Argentina and have Coworkers from Buenas Aires and it’s a shit show over there. Im in favor for Musk but Argentina economy is in the trash. Argentinians hate the outcome and are desperately looking to get out. I’ve seen things get bad to worse personally, so I don’t know about this.
When a house is on fire, it looks bad, and then fire fighters soak everything with water. Right now, the country still has some fire, and it's got a bunch of water damage. It is understandable to think things are worse, but it is (probably) heading in the right direction.
as an argentinian i can’t be happier, the devaluation was not because of the reasons mentioned in the video but to get to a real market value of the currency (the prior government fixed the exchange rate in an artificial value to tamper with the official economic numbers for political reasons). the objective of milei is to sanitize and create transparency on the economy, grow the confidence on the country itself (too many defaults in the past) and stop monetary emission to eliminate inflation by having no government deficit
They hate the Milei outcome? Because as of May he had the 2nd highest approval rating in the world after Modi (MorningConsult 60%). Other pollsters this month have near 58% positive as well.
Kevin, I don’t mean to be blunt. But a few weeks ago you would talk about how sad you were because of the idea of a recession. Now that there’s absolutely recessionary indicators. And very possibly the most brutal government pullback being proposed. As well as adding tariffs at the same time. You seem to be acting weird. Don’t sell out to your Trump loyalist, keep speaking on data and reality… don’t try to mask it. Also, I don’t need to hear a dispute, I need to hear both takes.
If trump devalues the dollar, wouldn’t that have a much bigger impact on the global economy since most countries use the dollar as their reserve currency compared to the Impact of Argentina? Also wouldn’t the amount of dept Americans owe and lenders that service that dept and people who buy that dept as securities be negatively impacted by a devalued dollar
Argentina is following the same strategy as the Japan has followed for so many decades. They love devaluing their currency. Had the other billionaire (Warren Buffet) not liked Japan Elon Musk would have gone to Japan instead of Argentina for their model..
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Nadia Kathleen insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
I wouldn’t start this video with a smile… Argentina is a third world country with 100% inflation. The United States relies on government spending to prop up its GDP.
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️
My broker-advisor "Madeleine Howells " is to be thanked. My journey with her started after my best friend got back from New York and saw me suffering in dept then told me about her and how my life could change through her. Madeleine Howells is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!:: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
@@lazz-b6jif you're interested to invest in the stock and crypto space as newbie, You don’t have to trade yourself. All you need is one experienced and successful CFA. They'll set up your brokerage account, you invest and then watch as they grow your portfolio with unimaginable profit returns.
Chuckle. Oh Kevin. Your analysis is not only whacked, but it is way to premature to make any real assessment. You didn’t mention anything about the poverty rate rising from 25% of the population to 50%. You are definitely cherry picking to make your point.
@@sdrc92126 This is the game we have to play if we want to trade globally. China artificially cap their rmb to 7rmb/$ for many years because they want to gain upper hand in exporting. I share the same sentiment as you about government waste. Debt isn't the problem if you can pay it back, the problem is we're racking up debt without knowing how to pay it back.
Not trump in charge. Its republican elite. Just like biden never in charge. But democrat elite was.... Usa will stay the same who ever the president are. Income of tax come from war
Wrong. Actually they increased pensions and social security but not to the same rate of inflation (a sort of liquefaction or reducing purchasing power) On the other hand they managed to increase significantly (X2) the social assistance plans.
@@leandroocastillo in Argentina, the inflation was much higher that the increase in pensions so, people lost purchasing power. With the pension of this month, they can buy less food than what they could buy with the pension a year ago
@@J.o.e_K i tried posting the documents but they get erased. All the official information is in the "INDEC" page, where the government keeps track of economic indicators. Keep in mind that the numbers are from Milei's government. The estimates from the opposition parties are even worse
Hyper Expansion of Automated industry is the key to the USA rebound. After huge government cuts of course..I don’t know a better advisor to push this than Musk.Has to be wartime drive for it to happen
No we love country over party. Looking forward to the Ukraine outcome and recession outcome. Skeptical but if Trump can pull it off I’ll be impressed. Scared of director of hhs rfk Jr. My daughter relies on thyroid medicine she would die without it as she was born without a thyroid which is extremely rare.
Trump is on the ball. The guy sees potential in the world. Delegation of work is the key for Trump. He can always fire anyone who fails to get results.
I was told in business training that is the job of a leader, to pick the best people to get the job done and protect them so that they can do it, not to be a hero and do everything yourself. You get to take credit for it if it works. The down side being that you're supposed to take the blame if it doesn't.
The whole thesis of Milei is: " let's keep the economy very restricted so everything cools down, we enter into a recession and inflation goes down". Argentina has been in a recession since Milei became president (-1.8GDP in 11 months). In the USA, the FED is trying to reach a soft landing, keeping the economy a bit restricted, but not that much. Trying to avoid recession. In Argentina, Milei's objective is to create a recession. That's criminal, because it resulted in poverty levels skyrocketing. 70% of children in Argentina are now poor, according to the government's official numbers (INDEC). 18% of the population do not make enough money to eat, so they depend on charity food
The problem is, restrictions are dragging the Argentinian people more and more into poverty and still, inflation continues high. This means the inflation is being pushed by the rich ones, not the poor ones. But because Milei is against taxing the wealthy ones in Argentina, inflation will remain high. In other words, Milei has failed to contain the Inflation, while dragging an entire country deeper into poverty. But I'm pretty sure Trump will save him with some freshly minted US dollars :)
He should go to El Salvador next maybe make an alliance down the line and reform would be amazing for this side of the world. You think China is the only rich country in Asia? America and I mean the entire west needs to step up on the Global scale but then theres Venezuela and Brazil zzz.
@@RoqueMatusIII Brasil and Venezuela are controlled economically by an oligarchy that’s protected by USA. USA tried to overthrow Venezuela every year to make it more dependent on USA.
Doge is going to figure out the majority of our money is spent on our military. We have a pro-military party in power now. I also think people here in America never agree with reducing our military spending
@@davidabanto8121 you cry about freedom and musk is about to run your entire life, idiot. your rapist idol is nothing but a puppet. You voted to be owned by someone that wasn’t even on the ballot.
Argentina has been in a raging recession since he became president 11 months ago. Unemployment skyrocketed, poverty is at its highest in decades, companies are closing. Even multinational companies are leaving the country
You do know that outgoing administration lied about the peso value. They had it at 200 to the dollar. When Milei got in it was actually like 1000 to the dollar. He said it was going to be rough for awhile but it's what's needed. Most of the people I see interviewed complaining are the government workers who were laid off. Things were not going to get better. Better a hard hit right away and then begin to build
@@Rollercoastr13I'm trying to post links in the comments, but it is blocked. You can find the government's official economic indicators if you search for "INDEC Argentina" it is all in Spanish, though. Keep in mind that those are the official numbers, the estimations from the opposition parties are much worse. Only during his 11 month presidency, the GDP went down -1.8%. imagine if that happens in the USA: global collapse
Super video! But I can't seem to transfer funds from SafePal Wallet Browser Extension because of 'not enough gas.' Any tips? Wallet phrase: notice leisure umbrella over east select damage pink devote drip federal august
I remember a time when Kevin used to call out cherry picked numbers himself.... NOW he's the one cherry picking. the latest poll has Milei's approval at 41% Kevin. trump really is a disease.
![[Live สด] การออกรางวัลสลากกินแบ่งรัฐบาล งวดวันที่ 16 พฤศจิกายน 2567](http://i.ytimg.com/vi/wPd7VFfWHIA/mqdefault.jpg)
Trump is expected to mention Quarden Token this week and the ICO is already almost sold out
With Elon and Trump now working with Quarden Token is going to absolutely blow up
I live in Argentina and yes, many good "Afueras" or "Chainsaw Cuts" especially with government agencies that are corrupt .. Having said that, today Buenos Aires is more expensive than most cities in the US, besides, lowering inflation is taking a toll, virtually all public works were cancelled and not being offset by private investment so far and activity is still very low (you know.. Cemeteries have zero inflation). Crazy guys are needed from time to time, hopefully something good will come out of this experiment🤞, Thanks for your videos !!
Vivir en Buenos Aires es mas caro que vivir en Miami y NY? Viví en las dos ciudades y en Buenos Aires vivía en Puerto Madero. De dónde sacas los números? Debe costar 3 veces menos como mínimo vivir en Buenos Aires
It forces ex-government employees to go in the private sector and contribute to GDP.
.
When Argentina's economy fully recovers Javier has to get a Nobel prize in economics, the guy is incredible.
no. doing what you're supposed to do isnt something thats considered incredible.
there shouldn't be shortage of tax payers money in the government in any country! there just too many thieves who are in the governments is the problem!!
The important word to retain in that sentence is "When". By the looks of it, it will probably be Never.
Be so foreal…
Lmao have you actually researched how Argentina is actually doing or do you just believe w e you hear. Obviously its the latter based on your comment. I have money not to boast but ill be fine so bring on the united states mimicking Argentina ill be sitting back with popcorn 🍿🧐🤭
Now American publications might say otherwise but since due to the fairness doctrine being abolished in the late 1980s which was basically a law holding news organization to much higher standards of reporting meaning before 1987 media was required to report truthfully. Other major countries still actually have news standards
Quarden Token will make millionaires, after CEX listing it will blow up.
Leaks coming out about Trump working together with shareholders involved with Quarden Token
So incomplete about Argentina's economy!
Unemployment and how the people manage their economy was compleatoy missing. Without that, we know nothing!
The government has to reduce its spending if we are ever going to get out of this debt spiral. Luckily, there is so much waste, the DOGE should have plenty to work with.
Can start with no subsidies to mega corps. They do just fine without the extra taxpayer money
@Johny9405 yeah, im sure thats the 1st thing Elon will suggest
Our omnibus bill including things like putting on Trans statues and protecting other countries borders. I think they were trying to make the dollar collapse so that we have to accept CDBCs.
Inflation is down because demand has been crushed because regular people have no money to buy anything. Will it work, yes eventually. It is fiscal detox. The casualties are the regulator people.
Relatives in various parts of Mexico have seen a huge exodus since Milei came into office from Argentina. Again, this is my input from Real boots on the ground. Kevin not sure about the data you’re sharing on this one.
@@safetyhomeloans950 Argentines have been going to Mexico for the past like 10 years. Things have not been alright for like 22 years.
My family left 18 years go. Way before Milei. I actually know of the opposite, people who were starting to plan on moving to start a family elsewhere and now want to give it a try to see how it will be in the next 10-15 years
@@Matt-li6gn money gets spent every day only ppl who dont have money is ppl who dont work ppl just not wasting they money
My wife and I spent our summer in Argentina this year. It was fantastic and the vibes there around Millei are incredible. Also everything was very inexpensive.
We are so lucky to have kevin make important complicated things easier to understand daily 🎉
Buy Argentina YPF
It will go to $50 soon
@@javiermason7082 where can you buy?
He brought the chainsaw like Frank Reynolds..
Prime example for if you do many things you dont do one thing right.
Milei is one of my heroes. Super happy and excited to see another hero Elon personally learning from him!
Now I know why Malei was dancing up a storm 💪 Him and Trump are revolutionaries who became President's 🫡 🇺🇸
Good to see you back Kevin 🙏
that was terrible spanish kevin! 😂🤣🤭
great vid!
Argentina 🇦🇷
Kevin not sure about this Milei character. My family members from various parts of Mexico are shocked to see a huge migration of Argentinians in the past few years over to The south , central and northern part of Mexico.
80% of government spending flows through to company balance sheets... careful what you wish for..
Where does the government get the money from ?
Thanks for keeping us informed with your great summaries.
Ask Argentinians about how Milei is doing, they have a different perspective.
Yea i dont think Argentinians are happy about their government, his approval ratings have gone down to 41% he doesnt even have half of the popularity.
I think its worth looking into implications on unemployment in Argentina if Javier Milei cut so many government jobs. I share the same opinion that if we do that here in the US it is likely that the unemployment rate will most likely go up but wondering if you can do some research to find out if thats happening in Argentina to more support this thesis.
Cutting with 1.5 years heads up. Shouldn't be too drastic
More waste in government. They could cut our government by over 50%. 250 departments of waste. Gut it, cut pay to Congress and the Senate cut out the Cadillac insurance they don't pay for. Make them take civilian flights. Cut out there budgets to furnish and replace office furniture.
@@robgargiulo9641 Sounds like recession is coming boys. Hang on by your boot straps.
Been to Argentina and have Coworkers from Buenas Aires and it’s a shit show over there. Im in favor for Musk but Argentina economy is in the trash. Argentinians hate the outcome and are desperately looking to get out. I’ve seen things get bad to worse personally, so I don’t know about this.
All he's doing is selling out his country to international corporations.
You might be right, but the stats seem to look good. Could it be the affects of the previous administration still linger? Things take time to change.
When a house is on fire, it looks bad, and then fire fighters soak everything with water. Right now, the country still has some fire, and it's got a bunch of water damage. It is understandable to think things are worse, but it is (probably) heading in the right direction.
as an argentinian i can’t be happier, the devaluation was not because of the reasons mentioned in the video but to get to a real market value of the currency (the prior government fixed the exchange rate in an artificial value to tamper with the official economic numbers for political reasons). the objective of milei is to sanitize and create transparency on the economy, grow the confidence on the country itself (too many defaults in the past) and stop monetary emission to eliminate inflation by having no government deficit
They hate the Milei outcome? Because as of May he had the 2nd highest approval rating in the world after Modi (MorningConsult 60%). Other pollsters this month have near 58% positive as well.
USA taking advice from Argentina lol.... Kevin definitely wants to be apart of the trump administration
Whats a good product / company from Argentina? Anything we can buy online ?
Yerba mate, that's their coffee
Steaks, wine, seafood, berries, and coffee.
Wife or female. 2 day shipping free
Women
Nice and the video moved ~1700 miles. well done. The magic of video.
Kevin, I don’t mean to be blunt. But a few weeks ago you would talk about how sad you were because of the idea of a recession.
Now that there’s absolutely recessionary indicators. And very possibly the most brutal government pullback being proposed. As well as adding tariffs at the same time. You seem to be acting weird.
Don’t sell out to your Trump loyalist, keep speaking on data and reality… don’t try to mask it. Also, I don’t need to hear a dispute, I need to hear both takes.
love the chainsaw 👏🏼👏🏼
If trump devalues the dollar, wouldn’t that have a much bigger impact on the global economy since most countries use the dollar as their reserve currency compared to the Impact of Argentina? Also wouldn’t the amount of dept Americans owe and lenders that service that dept and people who buy that dept as securities be negatively impacted by a devalued dollar
Yup it's called depression. pay off your debt now before its too late.
THE DREAM TEAM WORLDWIDE!
Argentina is following the same strategy as the Japan has followed for so many decades. They love devaluing their currency. Had the other billionaire (Warren Buffet) not liked Japan Elon Musk would have gone to Japan instead of Argentina for their model..
We are not suffering from inflation 😂 look at it since 2022
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Nadia Kathleen insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
Nice info, i appreciate your concern
This will help a lot especially to the young investors who have no or lesser knowledge on how the market works
As a beginner what do I need to do? How can I start, If you know any please share.
She mostly interacts on Telegrams, using the user-name.
nadiaanalysts ✌..that's it
Kevin, do you hold doge and will you be buying for the people sake?
Those look like all wealthy people clapping . The rest of the people are too weak and hungry to clap and they not invited to those kinda parties.
I get the feeling you live with your parents.
@O4C209 do you know what he's done to get Argentina back on its feet. Probably not you, probably don't know what a woman is
@@robgargiulo9641????
I love when there’s 4 different arguments happening at once
I have a feeling you were born with homeowners parents @@O4C209
FYI: The BCS (Blue Chip Swap) ARS Ratio is the real ARS Currency Rate, Kevin.
It’ll work until Americans figure out where the money is going 😂
I wouldn’t start this video with a smile… Argentina is a third world country with 100% inflation. The United States relies on government spending to prop up its GDP.
Why does Javier look like the guy who stuck a travel book down his pants in Notting Hill?!
That’s what china does, devalued currency = more investment
Quarden Token will go 100x after launch on Binance
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️
Wow that's huge, how do you make that much monthly?
I'm interested, please how??
How does this trading stuff work? am really interested but I just don't know how to go about it. I heard people really make it huge trading
My broker-advisor "Madeleine Howells " is to be thanked. My journey with her started after my best friend got back from New York and saw me suffering in dept then told me about her and how my life could change through her. Madeleine Howells is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!:: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
@@lazz-b6jif you're interested to invest in the stock and crypto space as newbie, You don’t have to trade yourself. All you need is one experienced and successful CFA. They'll set up your brokerage account, you invest and then watch as they grow your portfolio with unimaginable profit returns.
A broker-advisor is all you need if you have no idea how the crypto market/trading is done
afuera!!!!!!!
too many first dorks
Dude I almost can’t believe how amazing this is all playing out. Like… is this real? 😭😭
Viva la libertad
If you sell everything you own, your balance sheet will get fixed. But is that what you want?
It might not even get fixed....
If you fire all your employees from your company you'll cut costs definitely.
I think I’m gonna make a trip to Argentina
Quarden Token is going to absolutely blow up
Kevin has become a maga disappoint
People are cheering for this guy? Lots of rich people, as can be seen. What about the growing poverty rate?!
Slip sliding away
Slip sliding away
You know the nearer your MAGA destination
The more you're slip sliding away!
Do you think we should get out of US currency and buy back when it goes lower if that’s the plan?
your vids not in my notification anymore
But the bond market basically has canceled any possibility of recession, unless they want to lose big money.
A-F-wue- RA Afuera
Well that was unexpected, But I like it. 😬
I didn’t know this guy was a trumper
I have friends in Argentina and they say things have gotten worse for the average Joe trying to put food on the table.
Highly likely there will be partnerships between X or Tesla with Quarden Token
Sounds good but doesn't work well in a tariff laided trade war. Let's hope tariffs won't be the first go to for the next administration.
Quarden Token is easily going to hit $1 this month
Musk's Quarden Token announcement is coming soon. Easyest money if you get in on the ICO
Chuckle. Oh Kevin. Your analysis is not only whacked, but it is way to premature to make any real assessment. You didn’t mention anything about the poverty rate rising from 25% of the population to 50%. You are definitely cherry picking to make your point.
Javier Milei is a great economist and a tremendous teacher.
Would we have the same inflation if we did not use debt as money?
No. But we would probably have deflation which is also bad. We need to utilize debt to expand the economy, but we can't leave it unchecked either.
@@sochetraiem9567 How hard is it to extend beyond your carrying capacity without debt as money?
@@sdrc92126 This is the game we have to play if we want to trade globally. China artificially cap their rmb to 7rmb/$ for many years because they want to gain upper hand in exporting.
I share the same sentiment as you about government waste. Debt isn't the problem if you can pay it back, the problem is we're racking up debt without knowing how to pay it back.
Well the suit looks sharp I like it .
Trump will never allow budget cuts.
Not trump in charge. Its republican elite. Just like biden never in charge. But democrat elite was.... Usa will stay the same who ever the president are. Income of tax come from war
It is way bigger ... ... Cardano, Hoskinson ...
They reduced public spending by cutting pensions and social security
Wrong. Actually they increased pensions and social security but not to the same rate of inflation (a sort of liquefaction or reducing purchasing power) On the other hand they managed to increase significantly (X2) the social assistance plans.
Where can I read up on that Sam? I'll wait.
@@J.o.e_K guys like Sam love spreading false information. He’s rather have some nut job who fakes calls in office
@@leandroocastillo in Argentina, the inflation was much higher that the increase in pensions so, people lost purchasing power. With the pension of this month, they can buy less food than what they could buy with the pension a year ago
@@J.o.e_K i tried posting the documents but they get erased. All the official information is in the "INDEC" page, where the government keeps track of economic indicators. Keep in mind that the numbers are from Milei's government. The estimates from the opposition parties are even worse
Can we have dance competition between those three? 🕺🕺🕺
Hyper Expansion of Automated industry is the key to the USA rebound. After huge government cuts of course..I don’t know a better advisor to push this than Musk.Has to be wartime drive for it to happen
I’m almost positive that the Democrats are pissed right now😂
No we love country over party. Looking forward to the Ukraine outcome and recession outcome. Skeptical but if Trump can pull it off I’ll be impressed.
Scared of director of hhs rfk Jr. My daughter relies on thyroid medicine she would die without it as she was born without a thyroid which is extremely rare.
Trump is on the ball. The guy sees potential in the world. Delegation of work is the key for Trump. He can always fire anyone who fails to get results.
I was told in business training that is the job of a leader, to pick the best people to get the job done and protect them so that they can do it, not to be a hero and do everything yourself. You get to take credit for it if it works. The down side being that you're supposed to take the blame if it doesn't.
Do you think its time to convert some USD into ARS?
Layoff 80 percent of federal employees!
Not Brazil...
Quarden Token has two of the largest Tesla shareholders already; most likely something is coming
foo was at magic mountain hah Hello from Oxnard
We are an Oligarchy
X and Quarden Token are going to be merged. Easiest money in my life
The whole thesis of Milei is: " let's keep the economy very restricted so everything cools down, we enter into a recession and inflation goes down". Argentina has been in a recession since Milei became president (-1.8GDP in 11 months). In the USA, the FED is trying to reach a soft landing, keeping the economy a bit restricted, but not that much. Trying to avoid recession. In Argentina, Milei's objective is to create a recession. That's criminal, because it resulted in poverty levels skyrocketing. 70% of children in Argentina are now poor, according to the government's official numbers (INDEC). 18% of the population do not make enough money to eat, so they depend on charity food
The problem is, restrictions are dragging the Argentinian people more and more into poverty and still, inflation continues high. This means the inflation is being pushed by the rich ones, not the poor ones. But because Milei is against taxing the wealthy ones in Argentina, inflation will remain high.
In other words, Milei has failed to contain the Inflation, while dragging an entire country deeper into poverty.
But I'm pretty sure Trump will save him with some freshly minted US dollars :)
He inherited Argentina being a joke impoverished country, it's not new
Kichner s ruined the country!
Miley is fixing it, it takes time! Don’t be ignorant
I remember a few years ago u were talking crap about doge. Smh
He should go to El Salvador next maybe make an alliance down the line and reform would be amazing for this side of the world. You think China is the only rich country in Asia? America and I mean the entire west needs to step up on the Global scale but then theres Venezuela and Brazil zzz.
@@RoqueMatusIII Brasil and Venezuela are controlled economically by an oligarchy that’s protected by USA. USA tried to overthrow Venezuela every year to make it more dependent on USA.
Doge is going to figure out the majority of our money is spent on our military. We have a pro-military party in power now. I also think people here in America never agree with reducing our military spending
Neither party ever reduces spending on military because it's what makes America...America. Gotta be ready for war at the drop of a hat.
I guess you are too bullish about Trump, my advice calm down a little bit
Maybe you are a little bit too gloomish
Cry more
Maybe you don't comprehend how wasteful the American government is.
@@davidabanto8121 you cry about freedom and musk is about to run your entire life, idiot. your rapist idol is nothing but a puppet. You voted to be owned by someone that wasn’t even on the ballot.
Argentina has been in a raging recession since he became president 11 months ago. Unemployment skyrocketed, poverty is at its highest in decades, companies are closing. Even multinational companies are leaving the country
Hey can you post your sources?
You do know that outgoing administration lied about the peso value. They had it at 200 to the dollar. When Milei got in it was actually like 1000 to the dollar. He said it was going to be rough for awhile but it's what's needed. Most of the people I see interviewed complaining are the government workers who were laid off. Things were not going to get better. Better a hard hit right away and then begin to build
@@Rollercoastr13I'm trying to post links in the comments, but it is blocked. You can find the government's official economic indicators if you search for "INDEC Argentina" it is all in Spanish, though. Keep in mind that those are the official numbers, the estimations from the opposition parties are much worse. Only during his 11 month presidency, the GDP went down -1.8%. imagine if that happens in the USA: global collapse
Stop making stuff up!
@@JCMom6376 check the oficial government numbers. I tried posting links, but the messages get deleted
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YEAHHH!!!!
just got back from Argentina and people HATE their president 😂
Not they don’t! I’m here right now and everyone loves him
spreading misinformation, nice. argentina loves him
Total misinformation man. Was in Buenos Aires a few weeks ago with my girl and they love him .
I remember a time when Kevin used to call out cherry picked numbers himself.... NOW he's the one cherry picking. the latest poll has Milei's approval at 41% Kevin. trump really is a disease.
losing is hard, but i have faith you can mentally recover
IT IS "A (ah)" "FU" "E (eh)" "RA", and not "afuura"
Glad to see you changed that princess background to a more masculine one after Trump won the election.
"Afuera!" oder "aus" auf Deutsch.
Pa fuera!
You are absolutely ignorant about Argentina's economy
Argentina are in recession at the minute, don't why you blowing smoke up theses guy's asses