Radical turn: What's populist Javier Milei's plan for Argentina? • FRANCE 24 English
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- เผยแพร่เมื่อ 19 พ.ย. 2023
- There's an old adage about politics: you campaign in poetry and you govern in prose. Even though Javier Milei, the winner of Sunday’s presidential runoff in Argentina, did not wield a chainsaw like he did on the campaign trail, the free market absolutist did again promise in his acceptance speech to drain the swamp. How radical will he be?
#Milei #Elections #Argentina
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The media is spreading fud about this man. After everything weve been seeing in governments around the world and their media left arm, congratulations Milei! 👏
Let’s be honest ur country and economy has been hot garbage left or right , maybe it’s not politics maybe it’s stupidity have u considered maybe u guys are stupid
Media spreading FUD? He must be doing something right!
Quoting a respected American economics professor: "the Peronists are Italian fascists with Argentine characteristics"
Hmmmm.. I guess you're right he just putting nails on the coffin ⚰️ and doing the coffin ⚰️ dance to end the debt traps of the IMF American hegemonic system.. hmmmm ..🤔 I guess that is a smart move... !!! Hmmmm.. I can't wait to see the outcome of the Argentine living conditions 🙌.. hmmmm.. I was told that this isn't the first.. !!!! Strange enough 🤔..
I am from Argentina 🎉,
MILEI THE BEST PRESIDENT 🎉🎉🎉
It’s actually very simple. Argentina has terrible inflation because even its own people don’t want to own their own currency Argentines do not want to own the Argentine peso, so what they do is they use it to buy dollars so the Argentina peso loses its value increasing inflation, so the problem is that the government mismanagement of the economy, especially the leftist government mismanagement of the economy, have killed the public confidence in their own currency. That’s why you have runaway inflation.
Milei has been a university professor for many years and many of his students consider him a genius.
his television appearances started around 2016 when the culture battle began, explaining to people how harmful a large and also corrupt state is and how harmful printing money without backing is, this did not happen overnight, people know who he is and trust him. all his plans he has explained in detail. there is no uncertainty as the market's reaction to learning of Milei's win has shown.
I am happy to have been paying attention to this elction if only for the last couple of months.
Now I'm looking forward to seeing how things unfold over the next few years.
Especially with the idea of dollarizing the country and drasticly cutting the fat.
Best wishes to Argentina and all Argentinian people.
We did this in Puerto Rico and it ended with near collapse of the economy and a Junta being put into place. Anytime these austerity programs are put into place it backfires royally. I doubt this time will be different. Worse of all, dollarizing an economy will mean making your country subject to the US fed and that can royally backfire. Smh none of his fiscal plans are logistically valid long term. Privatizing all public systems, ending public schools and social programs will only cause more inequality and strife. The only short gain is for the rich and for the very poor? Suffering and misery. See when you privatize everything the government gets short term boost in money from selling off these industries and deregulating, but soon prices shoot up as private industries seek to maximize profits and cut corners.
@@jalicea1650 you dont know what you are talking abou, come live here in argentina, then talk, he is not going to end public schools, he already said that, peronism is the main cause of argentina´s current state, you think USA inflation is bad? try +150% inflation rate anually, overspending and robbing everything, thats what this crooked peronists politicians were doing for the last 20 years. Milei is really needed right now, we can not allow half measures
@@jalicea1650I dnt think you listened to them speak or maybe we heard two different things in what they said. There was a key point in what one guy said and it's the most important thing that was said and it's happening in every country all over the world. But he said that young people want to work in the government that 40 percent of the people that are working in Argentina work for the government. The government produces NOTHING. No government on this planet produces ANYTHING. So you thinking that Any social programs helps it doesn't.
Craziest thing you can't feed wild animals because they will forget how to hunt yet for some reason people have the delusionvthat they can do that with humans even though we are all mammals. You say people will stay poor some will stay poor and some will get rich. That is life, the strong will rise and the weak will fall. Only thing you hope is to make it where everyone can compete, thatx it. You take away government power and you take away monopolys. The government is the only way for a monopoly to be a monopoly
@@jalicea1650 Argentina can't get into much more of a pickle and it is totally solvable, but it needs so many changes it will be painful!?!
@@jalicea1650It's already terrible in Argentina. They're printing so much money relative to economic activity It's causing hyperinflation. You have to cut the programs because most of the money goes to salaries. Peronism has already backfired in Argentina. It's already created haves and have nots.
Argentinians often already use the us dollar. So the transition isn't as bad as you think.
Used to live in Argentina before the horrible tiempo of kishnerismo. Was a wonderful country if Milei doing well as a Canadian citizen i will coming back. I wish the best to all Argentinian. My God blessing this country.
Congrats Argentina!
Congratulations Argentina
Argentina was the second largest economy by the end of the 19th century. After a century of socialism the country is 140 and half of the people lives under the poverty line. That's the legacy of socialism. Milei is the hope of a free market better future.
Chile free economy! Chile is not the top 40 richest country in the world! The whole world were poor farmers when Argentina was the King of farming and rsnching cattle years1895-1920! Now Argentina do not make cellular phones mobile phones airplanes fighter jets computers computer chips and so on! Taiwan makes computer chips because high IQ 106! Brazil do not make computer chips because low IQ 95! It is not looking good for Latin America they do win Nobel Prizes or have big high tech companies! Argentina can not get rich only exporting soya beans or Lithium miners! Argentina should export goods high tech products! It is not going to happen!
Latin America not winning nobel prizes!
Lol as soon as somebody comes out of nowhere, who is not apart of the main stream politicians. He’s all of a sudden a radical.
Yep that is the media for you ;(
He has radical ideas, which means hes a radical, got nothing to do with bias
He's an economists. Exactly what they need.
You got that right. I hope they don’t do what they (communists/globalists) did to the great Trump! God protect him.
What a breath of fresh air for Argentina 😅
WOW, bringing out the failed economies with their failed policies on your show to give failed economic advice. Why don't we wait a year before saying he failed.
Not only are these economists even more incoherent than those in The US, but their implied assumptions and those of the presenter uttterly ignore the destructive incentives of statism and socialism, dismissing altogether the benefits to both individuals and society of economic freedom. But who is surprised?
Oh yes, the famous benefits of oligopoly, inelasticity, unruled financial markets and trickle-down economics. It's easy to criticize state intervention when all you see are the restrictions caused by its ruling. I'd argue that economic freedom as you call it, will only increase inequality, paradoxically remove freedom of movement and choice for the people and even increase the country's debt.
JM"s plan is not to dismantle the state it it to dismantle the government. there is a difference
“Those cultures trying to get THEIR money back” Key word, “THEIR” MONEY! They have every right to collect on their loan.
I like this I wish him good luck
Now, he should get ready for 90% negative coverage from the news media just like they did to Trump.
I am uruguayan and much people follow the presidential election wishing for Javier Milei, he represents a great turn to all the region. We wish more american companies come to latin america to invest and bring better jobs. Regards
American and european companies.
Congratulations Senor. Argentina!
TH-cam has a merchant seaman (Chief Engineer) who says
Argentina's ports demand bribes
Every company knows they must pay bribes in Argentina
(Not good for trade)
I tried to make sense of this word salad but I feel less informed now than before 😅
If you keep getting your news from propaganda tools like DW, France 24, BBC, CNN, you'll be confused by lack of common sense
100%. Globalist low IQ commentators are trying to make sense of a Hayek and Milton Friedman disciple and anti-globalist anti-woke libertarian 😂
The dollarizing will be something to watch
They have it in Peru, Panama, & El Salvador.
@@bodyloverz30 there is not dollarizing in Peru, is in Ecuador.
@@Capja1425all great bastions of economic growth hahah
I can’t believe he called Elon musk account of end wokeness as far right. So he is calling something far right that is counter something extremely far left.
Do not be misguided. The Argentine appears close to a certain norm than what is the fact. Last month I was in caba and I kept waiting for people to speak English because they look American. They are different and cultural things are lost in translation.
Media is extreme left so they think that radical way of thinking is normal. That is why they are becoming increasingly irrelevant.
LOL, lets get a random "Journalist" and let him have equal airtime to the former sec of state from Argentina. Lets also get him to say so many false things he gets fact checked live.
Thomas Jefferson once wrote "The natural progress of things is for liberty to yield and government to gain ground.". Argentina will be very interesting to watch over the next few years.
I have been following Javier Milei for the last 5 to 6 years, when he was talking about Argentina's economy and how to solve it, at the same time I became more educated just as many Argentines. I am so happy that Javier Milei has become the New President, congratulations Argentinos. I really hope that the rest of South American countries follow and finish the corrupt socialists.
His presidential period hasn't started yet and this media is already calling him a populist. We still need to see what happens, but contrary to populism, he based his campaign on warnings of all the sacrifice and budget cuts that he will have to make.
What nobody comments when analyzing these permanent crisis is that in the 90's Argentina sold all its assests because that was what the Washington Consensus told everybody to do. So Argentina was left without most of the resources and companies that could help finance it's federal government expenses. So now it's easyt to point and say: look at these dumb argies, they can't handle a budget. Now Jake Sullivan says with no concern at all "you know, all that we said back then was wrong..." That's just one major detail nobody seems to care, or isn't convenient to say.
Javier Milei populist. Jajajajaja. That was funny. Good one.
A country is not made by one man, but the efford of every single citizen. Creativity, hard work,innovation and education.
You are talking to French dudes who like a bit proportion of French who dream of working for the public sector. Don't listen to them.
Inflation is no mystery. It's simply the government and its central bank creating new currency.
Printing more money you mean
BEST early discussion and breakdown backgrounder on what’s ahead for Argentina! Illuminating guests. THANK YOU France24.
Right wing, raising in the world. Because of left-wing.😂😂😂😂😂
What a stupid comment
I am Argentinean myself but its hurtful to listen my fellow compatriot speaking English 😂
The incompentent kirchnerist government forced me into being an economic refugee and I share the frustration and anger of many Argentineans that suffered their governments. I don't believe Milei is the perfect person for the job, but the only thing we need to kick off as a country again is to fix our recurrent economic time bomb. If he manages to do it then that will be more than what we have achieved with all the peronist/kirchnerist governments.
This is exactly what Argentina needs. The media here looks at that country and thinks, '140% inflation, well they cant have a conservative.' Ridiculous.
Why is inflation so bad in Argentina? NO ONE WILL ANSWER THIS QUESTION!!!!!
Electoral success from the right is caused by channels like this 🍻
God Bless you Milei
The hard part will be for anyone that finds themselves in this type of situation. Just like any bad habit which is what Argentina has is it gets worse before it gets better.
Argentina is the canary in the coal mine with the Federal Reserve banking system.
So the Federal Reserve is going to Euroize the economy it watches over?
Milei is not going to dollarize, he's going to make the USD legal tender, and it will filter through the system like that.
Filter what ? Lol how u gonna get the dollar lol
@@lali7399by selling thier exports on the global market. In case you didn’t notice, most global trade occurs in USD. What an ignorant comment
argentina has a trade and current account deficit, and alot people asking for their dollars back, its going to be hell for milei, and now 60% of the pop is working for the gov. his mission is impossible, argentina went too far almost into soviet union territory in economics.@@toolegit2quit173
it means this year taxes in Argentina will be slashed, and next year the country will declare again it cannot pay its debts. so no change
Probably worse than that, if people believe their pesos are now worthless inflation will get even worse.
Please make zure you ask about his interest in "tantric sex," whatever that is. I figured French would know. Also, he wants the Falklands back. I got the impression les Brits dont agree. 😂
Excellent clip.... Somehow Milei reminds me of SBF... image, profile, and I wonder what's behind that...
Corruption of the core
@@cdes68 more corrupt than peronism? impossible
"We don't have time to go into it" because it might be a direct comparison to Frances quasi socialist government.
If the whole world has been watching why can't you ask the BASIC JOURNALISTIC QUESTION: Why has Argentina been in this position for 100+ years?!
I love seeing the sour meltdown of the state socialist French about scaling back the state, even after reality has hit them hard
Since Alberto Fernandez became president in December 2019, public debt grew 29.8% or US$93.747 billion. Of that total, US$38,170 million was added since August 2022, when Sergio Massa took office as Minister of Economy.
27:56 That's a problem in all countries, but I have yet to hear of any successful country without these ministries.
singapore, sweden, norway, denmark, switzerland, so on and so forth.
@@adsfddsdfsfsdsasofsavgdhua4879 Singapore has 16 ministries thus same as Argentina. Sweden has 21 ministries, Norway has 20 ministers, Denmark 19.... clearly You are uninformed.
@@adsfddsdfsfsdsasofsavgdhua4879 Denmark has 30% government employment vs 18% in Argentina. Maybe Argentina needs more government workers then?
Very informative thank you!
1:00 interesting history: the three letter agencies came up with the term “conspiracy theories” to misdirect the public from their ploys 😂
cry for me Argentina
F24 got a new pinata, let's start all over again.
I love watching the howl of the liberal media, which is something beautiful, that a normal politician has arrived in Argentina, best wishes for the Argentinians.
Populist ?! Dude, the international media has no idea what an anarco capitalist liberal is :P Nope he is not far right, nor he is donald trump. He is not a right wing populist. Do your job and learn better about politics if you are going to report about it. Or maybe even interview Milei, he is very accessible, even if you don t understand a thing about economics... he is willing to explain as he is a professor in the matter.
Lithium, copper , grains, meat and processed food have escaped from Chinese and Russian hands. I hope Argentineans will eat with their own production and will be able to industrialize the country again with less environmental impact.
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank as subscriber 😊
State has to get off the back of capitalism.
Governments are getting larger, and need to be reigned in.
Javier is not a buffoon. He knows a thing or two about economics.
Far right? No. A libertarian.
Hilarious how any political thought that is not radically left, is called hard or far right.
Will the new president revive the battle between Astor Piazzola and Carlos Gardel? ... Argentinians must long for times when culturtal war was a heated debate on a bar table about New Tango and traditional Tango ...
Where does C I A find these cartoon looking puppets? C I A, you can do better!
the poor will suffer with this person in charge
the poors have being suffer since 2019 with the actual governament
The entire country has been made poor for decades by politicians who enrich themselves. Screw that.
populism? Im from Venezuela and I know hows populist looks like, this guy isnt one of them! HE ALWAYS SAYS THAT HE COUL CUT SPENDINGS and thats is the most UNPOPULISM wayys to make campain.
No such thing as Free Market. You know it's a myth, but you use the term anyway???? Is this news for kids?
Argentina economic alignment with US is best strategy for the future
That's slavery. Ditching your own currency for a foreign one never screams economic stability
I don't know exactly the causes of Argentine's economic problems. I'm sure the FED's interest rate together with the invasion of Ukraine are part of it.
This is a loser world option for me No one can encourage you to take this up... However I am with you either way your pendulum swings man...
Viva la libertad no eco socialismo
Winograd is clueless!
wow Argentine, a poor guy! he will make Argentine as poor as africa soon! where can Javier Milei get dollar for Argentine? Argentine has over 400b dollars debt. Who is willing to give him any money?
When a country's market liberalizes, big global private entities are the first to rush in. They'll gladly "incentivize" such a move by paying off parts of the debt. Expect to see less labor protections, monopolization of land and resources (or more of such where none existed), more wealth disparity (poor getting poorer, rich getting richer, and a shrinking of the middle class), loosening of environmental protection, among other issues.
@@Ahng_Noying9574yea cause everyone loves losing money in the name of whatever drug ur on lol they already did that 2 time before and they defaulted as well . The country is a lost cause who cares lol
milei will have a hard time, usually when you have high inflation and you stop the printing press, recession follows and unemployment, and inflation falls fast, changing to the dollar without dollars... he will have to attract the dollars opening the economy and investments, he needs to go to the usa and talk to people there, its going to be hard i hope he brings argentina around for good.
socialism reminds me of that phrase: "the road to hell is filled with good intentions"
great day all grats )).
Sounds just like America?
Go Argentina
i love this man. God bless him.
The recurrent inflation in Argentina, a product of the permanent printing of unsupported currency, has been caused by the corrupt Peronist and Socialist politicians who have dominated practically the last 100 years. The last 20 years of Kirchnerism were only interrupted for a brief period of four years by President Macri who was surrounded by Kirchnerists and failed to accomplish his task, increasing even more the indebtedness with which it was possible to pay some of the debts previously contracted by Kirchnerism.
end co2-taxes...
Well, that was… biased.
Milei will implement a removal of subsidies and a tariff recomposition according to the improvement of the population's income, not before that. there will not be a sudden increase in tariffs, the impact of the adjustment in the budget will affect the parasitic and corrupt public sector, and the companies that take advantage of that. when the real salary recovers, the tariffs will be structured, the intention will be to take fiscal measures that will relieve the companies without affecting the consumers. the people who receive social plans are victims, so he will not go against the victims but against the victimizers who are the corrupt politicians. the Argentines who depend on State assistance to survive are the victims of the system, he also said "we will not take any decision that will transfer the cost of the adjustment to the citizens the elimination of social assistance would be a crime, until Argentina has not adopted the economic model of freedom that allows the creation of wealth, the generation of work and welfare , WE will not touch the people".
although a great victory was predicted in the first round, the fraudulent electoral system took away at least 10%, making him come in second place, but thanks to the supervision of the voting by hundreds of thousands of volunteers he achieved 56% which otherwise would have been impossible.
It is true that those two fellows dont speak english very well, but, the host should be more pacient with the non speaking english guests, from the non speaking english country.
Time for change for bettr argentina
Toronto &Save
What argentina needs is land reform and real taxation as well as uncorrupt judges that would be a start, but this guy wont do that he is going to ruin the place
Exactly 💯 the falling down the hill of Argentina has just begun.
what libertarian opposed abortion? a fake one
Hahahah, Dude, the place is already in ruins.
Have you been to Argentina?
Oh my word you are so ignorant. Land reform…. This doesn’t even justify a response.
From Brazil here Argentine economic total depend in Brazil and China!!
Love that Argentinians finally said " not to communism and globalism" corruption and misery.
Another Latin American Messiah. 😆 🤣 😂
Jajaja. The Argentinians are really funny. The guy is crazy and his election shows how low the Argentinians have fall.
Hi I’m the middle East and Asia 🤠. Don’t think we’ve met before
At least italy greece and spain give away their monetary sovereignty to an European central bank not to a foreign power like the USA. Not sure dollarisation is a good idea
The European Union is also a foreign power that imposes conditions on its members (such as accepting an annual quota of refugees at its borders), which is why the UK left.
@@MB-ct4zj ok bye 👋
@@mell91349 How mature! LOL
He seems like a horrific choice, a toxic narcissist that will do enormous damage. Have fun!
Pop psychology is not an argument.
Tell me about it! Not for the working man at all!
And probably five years it's going to be a great place
As an Argentinian I can confirm you most people look this as an experiment but at the same time it can be worse than what we already have.
C'est comme si en France Éric Zemmour avait gagné.
These guys blabber, blabber and don't say anything. Such beating around the bush. Are all Argentinian thinkers like that due to these subsidized jobs?
Milei: 1. Me& I, myself.
2. My financial backers.
3. My investors.
4. My family & friends.
5. My supporters.
6. My voters.
7. My country.
Educate yourself. That is what socialists did to that country.
To curb inflation in currency is to control the salaries and price control. Rich peoples wealth should be taxed or wealth has to be controlled and distributed to poor and middle class people.
In fact it is distributed to the controllers: those in the government, with a few drops to the poor. The ultimate trickle-down system.
Fricken nice....nz
He's not far right. Just right.
😂
You have it inside, lefties. 😆
he's not radical but the opposite
Yet another trump style grifter. Austerity has worked.....never.
Milei's not a populist.