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

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There's a bit more to the thread, but you get the gist of it.
 
searcher said:
A bit off topic but concerns Argentina.

GUN OWNERS IN ARGENTINA can now do the Paperwork Online👍​

May 23, 2025


5:01
Click to expand...


More:

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

Jun 19, 2025


4:07
 
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.
 
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?
 
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
Click to expand...

 

US Treasury chief: US ready to support Argentina, leaders to meet Tuesday​

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday said "all options for stabilization are on the table" to support Argentina, with more details available after Argentine President Javier Milei and U.S. President Donald Trump meet on Tuesday.

"These options may include, but are not limited to, swap lines, direct currency purchases, and purchases of U.S. dollar-denominated government debt from Treasury’s Exchange Stabilization Fund," Bessent wrote on X.

More:

https://www.msn.com/en-us/money/mar...-to-meet-tuesday/ar-AA1N49WI?ocid=socialshare
 
Just thinking out loud...but I wonder if this is a Davos- or Soros-engineered staged-crisis.

Soros, remember, made most of his money shorting and crashing the Pound Sterling. As Saul Alinsky taught them...when a tactic works, stick with it.
 
searcher

Post in thread 'Commodities, Business & Shipping'

The US is Gonna Bailout Argentina: Should Farmers Be Angry??​

Sep 23, 2025
🌎 Argentina Suspends Export TaxesArgentina halted export taxes on corn, soybeans, wheat, and more in a bid to boost sales and stabilize the peso. The suspension runs through October or until $7B in exports are declared. Analysts warn a wave of selling could trigger a supply glut. Argentina is a top corn exporter and the world’s largest shipper of soybean meal and oil.

💵 US Steps In Treasury Secretary Scott Bessent said the US is ready to use all necessary measures to help Argentina avoid another financial...
 
^
The vid above talks about farmers. What about the American people in general? Where's our help?
 
DYODD here.

The U.S. helped Argentina, then Argentine farmers made a deal with China​

The Trump administration threw Argentina a financial life raft this week, and Argentina promptly responded by offering China an enticement in the form of untaxed soybeans.

Why it matters: It's a harsh blow to already struggling U.S. soybean farmers, and illustrates the complex implications of rescuing a close ally.

Driving the news: On Monday, Treasury Secretary Scott Bessent announced concepts for broad financial support to stabilize Argentina's economy, including potential loans, currency purchases and debt buying. Argentina's currency, the peso, rallied on the news.

Read the rest:

https://www.msn.com/en-us/money/mar...-deal-with-china/ar-AA1NcYy9?ocid=socialshare
 
20 billion bailout...https://www.politico.com/news/2025/09/25/trump-argentina-milei-bessent-republicans-bailout-00581449
 
I'd love to know how it happened, the sudden crisis.

Not the Globalist Narrative; but someone parsing the whole situation. Whether all the reports three months ago, was just hype, or what.

NOTE: Not criticizing any poster. Not even the use of sources. It's just that some sources I don't trust; I don't think we CAN trust.
 
I want $20b too, but my hair is not as crazy.
 
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