Argentina elects libertarian president Javier Milei - Update: Netherlands

peleincubus · May 6, 2025

With inflation starting to accelerate. Polls now underwater and going lower for D&D Clutchfans hero.

Invisible Fan · May 6, 2025

A bump from ~2% to %3% inflation is enough for voters to consider shitcanning Milei after previous years of crazy inflation. Where does that sound familiar?

America is doing a belated pivot to Argentina. China has cash and we have...sharp words of concern.

Without Milei winning the presidency, they probably would've joined BRICS. He tried pegging his peso to the dollar but Trump be doing Trump things.

https://apnews.com/article/china-argentina-trump-trade-credit-2a1c3b4f2eb304d21c8db9d903a08792
Deal extension allows Trump ally Argentina to borrow another $5 billion from China

The currency swap extension comes shortly after U.S. Special Envoy for Latin America Mauricio Claver-Carone publicly voiced alarm over the deal between the Trump administration’s increasingly close ally and its increasingly intense rival.

under Milei — a radical libertarian who has cozied up to U.S. President Donald Trump, flying to the U.S. at least 10 times in the last 15 months in hopes of courting tech investment, striking a free trade deal and securing fresh funds from the IMF.

During his 2023 presidential campaign, Milei left no doubts about his staunch opposition to China, calling its leaders “assassins” and vowing he wouldn’t “do business with communist countries.”

But since taking office and trying to fix the economic shambles bequeathed to him by decades of left-wing populist rule, Milei has pivoted to a more pragmatic stance toward Beijing, one of Argentina’s top trading partners.

China snaps up Argentine soybeans, beef and wheat, runs hydroelectric dams in the country and maintains strategic assets, including stakes in lithium mines and a space station in northern Patagonia. Milei oversaw an earlier extension of the currency swap in June 2024.
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Argentina elects libertarian president Javier Milei - Update: Netherlands

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