I have said over and over that Milei's scamming is not okay at all - you cannot ask citizens to sacrifice while you're stealing from everyone and everything. But I still think the Kirchner's were much worse, and you have defended them over and over. Massive currency depreciation may be great for expats and tourists (and probably for us property owners) but it is just terrible for Argentinians. Companies won't invest in a place where the currency is always going to zero, the government is protectionist and hostile to outsiders, and the welfare state has taught a generation or two to avoid work. That's the legacy of the Kirchner's and their ilk.
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Trump says Argentina assistance dependent on election results for ally Milei
Thank you for agreeing Milei is a scammer. Quality of life for majority of people I believe were better under K's. I agree things were not very sustainable with some things but they are not either now either. People will vote and we will see what the country believes is better.
VINO
Well-known member
I doubt you will ever get a President in Argentina that isn't involved in some theft. That is sad. The big disappointment is many thought this time was different with Milei but many are realizing that he and his sister are just the same as previous. Now it is a battle for the country under which party people have a better quality of life.
People don't seem to care that the US is helping Argentina.
en.mercopress.com
People don't seem to care that the US is helping Argentina.
Argentine markets remained unconvinced despite US help
Despite interventions from the United States Treasury, financial tensions continue to escalate in Argentina just over a week before the Oct. 26 midterms. The wholesale dollar recorded its biggest daily rise on Friday in almost six weeks, closing at AR$1,450, a 3.5% increase. It briefly reached...
Avocado
Well-known member
The more people I talk to the more I see people are not happy. Friends are losing jobs now. Look at the exchange rate. Milei popularity is going down. People are not spending money.
Blockchain
Well-known member
This seems like sheer madness the US government buying overpriced pesos. Crazy. It doesn't seem like any transparency at all. Does anyone know if the numbers are even close to what these traders are saying?
www.batimes.com.ar
I am seeing several posts on X saying this is totally nuts.
Argentine FX traders estimate US Treasury sold over $200 million
US Treasury bought more pesos Friday than it had in any other session, traders estimate; Currency continued to lose value despite Washington's support.
www.batimes.com.ar
I am seeing several posts on X saying this is totally nuts.
Billy Goat
Well-known member
Regardless many MAGA faithful are losing faith in Trump. Argentina is just another to add to the many other reasons why people are going to turn on him.
observer.co.uk
Trump’s Argentine bailout stokes growing dissent among Ma...
Anger over domestic issues makes Senate Republicans anxious as midterms draw closer
observer.co.uk
Esposas
Active member
Trump said it best about Argentina.
“Argentina is fighting for its life. Nothing is benefiting them. Do you understand what it means? They have no money, they have nothing, they are fighting hard to survive, they are dying," said the US president aboard the Air Force One.
www.lanacion.com.ar
“Argentina is fighting for its life. Nothing is benefiting them. Do you understand what it means? They have no money, they have nothing, they are fighting hard to survive, they are dying," said the US president aboard the Air Force One.
Donald Trump justificó la ayuda económica a Milei, a una semana de la elección: ”La Argentina está peleando por su vida"
Lo dijo este domingo a la noche en el Air Force One, tras confirmar que Estados Unidos podría comprar carne argentina; la semana pasada, recibió al Presidente en la Casa Blanca
www.lanacion.com.ar
Thanks for the URL. At least Trump is honest about how grim things are in Argentina. I did not see these kind of quotes in the mainstream media.Trump said it best about Argentina.
“Argentina is fighting for its life. Nothing is benefiting them. Do you understand what it means? They have no money, they have nothing, they are fighting hard to survive, they are dying," said the US president aboard the Air Force One.
Donald Trump justificó la ayuda económica a Milei, a una semana de la elección: ”La Argentina está peleando por su vida"
Lo dijo este domingo a la noche en el Air Force One, tras confirmar que Estados Unidos podría comprar carne argentina; la semana pasada, recibió al Presidente en la Casa Blanca
Trump made it clear that his interest is geopolitical in the region and that he will try to help Argentina "survive in a free world." In addition, he reiterated words of support for Milei: "The president of Argentina is trying to do his best, but don't make him look like they are having a good time, they are dying."
Uncle Wong
Well-known member
But is there much choice in the election? Some of my friends in BA aren't happy with Milei but still voting LLA as they said they have no choice. But many articles sound like others are going back to Peronism.
Fervour for Milei cools in rural town as midterms near
In the farm town of San Andrés de Giles, Milei mania is fizzling out. Some residents are not quite so convinced about the head of state as they once were.
www.batimes.com.ar
Finance Prof
Well-known member
Trump being Trump. The guy is so volatile. I wouldn't take anything he says too literal.
Still a lot of Democrats against the bail out of Argentina.
www.lanacion.com.ar
Still a lot of Democrats against the bail out of Argentina.
Crece la presión en EE.UU. sobre Bessent por el auxilio a la Argentina: los demócratas le piden suspenderlo en una dura carta
En una misiva dirigida al secretario del Tesoro, 36 demócratas de la Cámara de Representantes le exigieron que antes del 29 de octubre revele los detalles y documentación del plan de asistencia
www.lanacion.com.ar
I know The Washington Post is to the left but many good arguments here. Amazing the level of support the USA is giving to Argentina.
Piranha
Well-known member
Saw this in the BA Herald today.Trump being Trump. The guy is so volatile. I wouldn't take anything he says too literal.
Still a lot of Democrats against the bail out of Argentina.
Crece la presión en EE.UU. sobre Bessent por el auxilio a la Argentina: los demócratas le piden suspenderlo en una dura carta
En una misiva dirigida al secretario del Tesoro, 36 demócratas de la Cámara de Representantes le exigieron que antes del 29 de octubre revele los detalles y documentación del plan de asistencia
Trump: ‘Argentina is fighting for its life’ - Buenos Aires Herald
The US president said he wants to help the country ‘survive’ because it’s ‘dying,’ and that his country could potentially buy Argentine beef to bring domestic prices down
buenosairesherald.com
Billy Goat
Well-known member
True but many newspapers are posting how propping up the peso doesn't ultimately help Argentina in the long run which I agree with.Trump being Trump. The guy is so volatile. I wouldn't take anything he says too literal.
Still a lot of Democrats against the bail out of Argentina.
Crece la presión en EE.UU. sobre Bessent por el auxilio a la Argentina: los demócratas le piden suspenderlo en una dura carta
En una misiva dirigida al secretario del Tesoro, 36 demócratas de la Cámara de Representantes le exigieron que antes del 29 de octubre revele los detalles y documentación del plan de asistencia
VINO
Well-known member
It sounds like the big banks have learned their lesson and are asking for collateral. I wonder if they can manage because I read that the minerals belong to the provinces not the federal government. Will be interesting to see how this shakes out.
eleconomista.com.ar
DISPARADA DEL DÓLAR: Caputo descarta cambios y negocia con Wall Street
Mientras el dólar escala a $1.515, Caputo afirma que no habrá cambios. Wall Street ofrece US$ 20.000 millones, pero exige garantías para cerrar el trato.
eleconomista.com.ar
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