Argentina foibles (inflation, currency and potential anarcho-capitalist experiments)

[Voodoo]

Looks to me like they've found a replacement for Ukraine.

 

[searcher]

 

[pmbug]

 

[pmbug]

There's a bit more to the thread, but you get the gist of it.

 

[searcher]

Argentina's Budding Love Affair With Gold

Argentines are married to the dollar, but they're having a love affair with gold.

goldseek.com

 

[searcher]

A bit off topic but concerns Argentina.

GUN OWNERS IN ARGENTINA can now do the Paperwork Online​

May 23, 2025


5:01

More:

Milei cuts back regulation and AR15 are now easier to get in Argentina​

Jun 19, 2025


4:07

 

[searcher]

Argentina: A New Opportunity in Latin America’s Industrial Sector

Argentina, long hindered by currency controls and economic volatility, is emerging with new opportunities in its industrial sector.

www.supplychainbrain.com

 

[Casey Jones]

How long will it last?

I have the same view on Russia. Both places now look like islands of sanity and economic promise; but neither has a long tradition of either responsible government or free markets.

 

[pmbug]

I am really wondering what happens in the next election there. Does Milei win reelection? Does he get more support in their legislature? Does he spawn a political movement that outlasts his time in office?

 

[pmbug]

Grok4 says:

Javier Milei's term as President of Argentina began on December 10, 2023, and is scheduled to end on December 10, 2027.

2 sources

Yes, he can run for reelection. Under Argentina's constitution, presidents are allowed to serve up to two consecutive four-year terms. Since this is Milei's first term, he is eligible to seek reelection in the 2027 presidential election.

2 sources

Milei's chances of gaining more legislative support appear strong heading into the October 26, 2025, midterm elections, where 127 of 257 seats in the Chamber of Deputies and 24 of 72 seats in the Senate will be contested.

His party, La Libertad Avanza (LLA), currently holds a minority position in Congress, but recent developments suggest momentum for expansion. In May 2025, LLA achieved a significant victory in Buenos Aires City legislative elections, securing a breakthrough in a traditionally center-right stronghold and boosting Milei's agenda.

3 sources

Polls from April 2025 showed LLA with 29-41% support nationally, often leading or closely competing with opposition groups like Kirchnerism (30-36%).
More recent surveys in June 2025 indicate LLA leading voting intentions by nearly 20 points over Peronism, with economic perceptions (such as tamed inflation) predicting a potential victory if Milei remains central to the campaign.

3 sources

Alliances, such as with the center-right PRO party in key provinces like Buenos Aires, could further amplify gains.

2 sources

Milei's personal approval rating, a key driver of LLA's electoral prospects, has held steady around 45-60% as of early July 2025, despite challenges like rising unemployment and a March 2025 "cryptogate" scandal that temporarily dented support.

3 sources

Approval is particularly high among younger voters (52% for ages 16-24) and older demographics (49% for ages 60+), with economic successes like austerity measures and inflation control cited as bolstering his image.

2 sources

However, critics point to uneven support across age groups and ongoing economic worries as potential vulnerabilities.

2 sources

If current trends persist, analysts see favorable odds for LLA to increase its congressional seats, enabling Milei to advance a second wave of reforms.

2 sources

https://x.com/i/grok/share/zZy6If7Dzb7xjCkvTpTxD8tra

 

[searcher]