General AnCap: A Year Later

Ep. 24 Argentina’s next president could be Javier Milei. Who is he? We traveled to Buenos Aires to speak with him and find out. pic.twitter.com/4WwTZYoWHs

— Tucker Carlson (@TuckerCarlson) September 14, 2023

Ep. 23 Hyperinflation and reckless monetary policy could soon devastate the global economy. We traveled to Argentina, where it’s already happened. pic.twitter.com/vTEXroh4Uz

— Tucker Carlson (@TuckerCarlson) September 13, 2023

Argentines are more optimistic about their economy than they have been in almost a decade.

New data: https://t.co/T5ngPty0XX pic.twitter.com/1OS7UIzFWV

— Gallup (@Gallup) December 10, 2024

Javier Milei Approval Rating

? Approve 60% (+26)
? Disapprove 34%

Statista | 11/24 pic.twitter.com/37VVVcmaRW

— OSZ (@OpenSourceZone) December 4, 2024

?? President Milei got the inflation rate from 25.5% to 2.7% in under a year: pic.twitter.com/uSIGf827Pq

— End Wokeness (@EndWokeness) November 12, 2024

?? MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS

“The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation.

Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years.

This historic… https://t.co/uszEgPd493 pic.twitter.com/nt5jJGQM1V

— Mario Nawfal (@MarioNawfal) December 11, 2024

BREAKING:

Javier Milei announces a structural tax reform that will eliminate 90% of taxes

?? pic.twitter.com/cgyhxmJqWO

— Visegrád 24 (@visegrad24) December 11, 2024

?? MILEI: ARGENTINA WILL BECOME AN AI AND NUCLEAR POWERHOUSE

“Argentina is poised to become a global hub for artificial intelligence, attracting major investments from the world’s top companies.

AI’s energy demands will drive a global resurgence in nuclear energy, and Argentina… pic.twitter.com/tRUmJnVDqW

— Mario Nawfal (@MarioNawfal) December 11, 2024

I didn’t get everything right in 2024.

In particular, I initially thought that we should take a wait and see approach to Javier Milei. Hyperinflation was destroying the economy and standard of living in Argentina. Desperate people were willing to take a chance on Milei. The form populism takes depends on the circumstances.

In the wake of October 7th, the focus shifted to Israel/Palestine and anti-Zionism. Milei was elected president of Argentina and began parading around as an ultra-Zionist. He visited the tomb of that dead Chabad rabbi in New York. The Dissident Right quickly soured on Milei and forgot that inflation was the only issue that really mattered in Argentina. Many activists here similarly insisted on downplaying the salience of inflation and immigration in favor of focusing on “anti-Zionism.”

A year later, Javier Milei has brought inflation in Argentina down from 25.5% to 2.7%. No one gives a shit what he thinks about Israel because he stopped the downward spiral of immiseration.

AP:

“Inflation, Argentina’s perpetual scourge and Milei’s top priority upon coming to office, slowed from a monthly rate of 25.5% in December 2023 to just 2.7% in October — its lowest level in three years.

“Inflation has gone down faster than what everyone has expected,” said Ignacio Labaqui, a Buenos Aires-based senior analyst at risk consultancy Medley Global Advisors. “That’s something that validates his narrative and sustains his popularity.”

In a sign of Milei’s long way to go — and the unmitigated shambles he inherited — Argentina’s annual inflation rate remains at 193%.

But Argentines are paying closer attention to month-to-month inflation, taking the sharp decline as a sign that Milei’s fiscal shock therapy is paying off. …”

CNN:

“London/Bogota/Buenos Aires CNN — Javier Milei swept to power in Argentina a year ago on a ticket to tackle chronic hyperinflation and overhaul the long-suffering economy. In one regard — slashing the size of the state — he has proven so successful that Donald Trump’s government efficiency tsars want to replicate his approach.

Under the chainsaw-wielding Libertarian economist, the government has posted rare consecutive monthly budget surpluses and inflation has fallen sharply — “better-than-expected results,” according to the International Monetary Fund.

During a meeting with Milei at the Mar-a-Lago resort in Florida last month, Trump said Milei had done “a fantastic job” as president.

Investors have also cheered the changes in Argentina: Its flagship Merval stock index, which tracks around two dozen of the country’s most valuable listed companies, has soared almost 140% this year. …”

Gallup:

“LONDON — At the one-year mark of Javier Milei’s presidency, Gallup data show that his “shock treatment” appears to be working in terms of public opinion. Argentines feel more optimistic about the economy and more confident under Milei’s government. 

However, many long-standing challenges remain, and people continue to struggle to meet basic needs and have a dim view of the current job market. …”

I thought Argentina’s economy would get worse.

I thought Argentina would be plundered by Jewish capitalists like Ukraine.