#video on #Argentina: what happens to stablecoin #cryptocurrency adoption when hyperinflation goes away? Ends up surveying major cryptocurrency use cases in Argentina: tax evasion, cross-border payments, wealth preservation (3’49”), earning yield (13’57”), and everyday spending (14’36”). He interviewed a cuevero who says that actually the cuevas have more business than before #Milei. A thing I didn’t realize was that Macri’s blanqueo was abrogated by Fernández: “Cuando cambió el gobierno al Kirchnerismo, toda la gente que blanqueó tuvo que pagar alrededor de un 40% sobre todos los [activos?] blanqueados.” That’s a theft of about US$60 billion by Fernández. Lots of interview footage with #Belo founder Manuel Beudroit? Boudreau?
on 02025-11-05#news on #Milei winning big in midterm elections, he claims getting up to 101 seats in Diputados and 20 seats in the Senate. #Argentina #politics
on 02025-10-27#news #video about #Trump’s #Argentina bailout from the #WSJ, mentioning how #China bought millions of tonnes of Argentine #soybeans after #Milei dropped export retenciones after the September US$20B bailout (structured as a currency swap), enraging some #USA farmers. Also apparently in October the US Treasury bought pesos for the Exchange Stabilization Fund! Then there was an additional US$20B “private finance facility”.
on 02025-10-17WSJ article from the #Milei election said Massa was trying to beat him by promising to eliminate all taxes. #Argentina #politics #history
on 02025-10-07#Milei’s Hayek medal last year #politics #Germany
on 02025-09-30Guillermo Francella’s movie #Homo-Argentum apparently was pretty successful, as such things go. But the Kirchnerists think it’s anti-patriotic (“apátrida”)? And apparently #Milei showed it to Congress? And tweeted about “kukas”? The video mostly consists of dumbfucks talking to cameras, but apparently this qualifies as #news. #Argentina #politics
on 02025-08-31#news #video saying there was a false rumor that #Milei had decreed a US$100 monthly limit on bank withdrawals (a “corralito”) propagated on social networks by Peronists, referencing BCRA communiqué A8226, which this YouTuber interprets as meaning, instead, that you can only buy up to US$100 per month with pesos deposited in cash (as opposed to in your bank account). #Argentina #politics
on 02025-04-12#news #video of #Milei’s speech yesterday announcing the end of #currency exchange rate controls (for individuals) #toread #politics #finance
on 02025-04-12#Business-Basics #video enthusiastically endorsing #Milei #politics. Misspells Cristina Fernández’s last name and Alberto Fernández’s last name in two different ways, mispronounces Macri, and incorrectly uses the Philippine peso symbol for the Argentine peso. Mostly broadly correct, except that it’s claiming that Argentina’s economy is great now, which it still isn’t. #toread
on 02025-04-10#video #toread of #Milei’s speech at the “American Patriots” fundraiser last night (?) #politics
on 02025-04-04#news #video from #Deutsche-Welle saying #Milei has lowered poverty significantly down to 38% and indigence to 8% (from 52% and 18% respectively), but about the same as before he assumed power. The Big Mac Index says the peso of #Argentina is the #2 most overvalued currency in the world, we have the most IMF debt of any country in the world, and the riesgo país is rising. #politics
on 02025-04-01#news #video that tomorrow the ATE is having a nationwide strike in #Argentina against #Milei. #politics
on 02025-02-27#Economist #news article from January 14th on #Milei and #politics in #Argentina. “A closer look at inflation numbers suggests that, despite smaller price rises, most Argentines are not yet better off than they were a year ago. (...) The economic gloom could hobble Mr Milei’s reform efforts. The country still maintains strict currency controls to prop up the wobbly peso. Mr Milei has vowed to ease these restrictions and let the currency float. But first he wants to negotiate a loan with the IMF, a condition of which will probably be a new set of reforms. For now, Mr Milei remains popular: nearly half of Argentines support him, according to a recent survey by AtlasIntel, a pollster, even though just one in five rates the economy as “good”.”
on 02025-01-29#news #video from Russian propaganda channel #Firstpost quotes the NYT quoting Vivek Ramaswamy promising “#Milei style cuts, on steroids” in #USA #politics under #Trump, but says “Milei-nomics” has “pushed 5 million people into poverty”
on 02024-12-23#news #video about #Milei feuding more publicly with #Villarruel, but the actual quote is very dog-whistly. Touts a new US$400 million Stellantis investment. #Argentina #politics
on 02024-12-22another #video of a #Milei speech, 80 minutes at some kind of dinner, I guess in Tucumán at a meeting of “Federalismo y Libertad”. He says, among other things, that the poverty rate has fallen from 54.8% in the first quarter 02024 to 38.9%, while indigence fell from 20.2% to 8.6%. Says the economy is expanding at a 10% annual rate, which sounds like he thought 16.5% was too high to be credible but still wants to use quarter-to-quarter GDP growth rates (he does say “17% anual” when talking about the 3Q figures). “El consumo viene creciendo a un ritmo del 20% anual; decían que no iba a haber inversiones” (I’m guilty on this point) “y las inversiones vienen volando al 50% anual.” Claims his administration is the best administration in the history of #Argentina, ew. Says that when he assumed power the “salario básico” was 300 dollars [per month] and now it’s 1100 dollars [per month], which I think is roughly correct, and unemployment is down to 6.9%. Also talks about covering 100% of the “canasta básica”, a potential free trade treaty with the #USA, etc. Described the Ministry of Women and the INADI as “organisms dedicated to persecution of those who don’t take Communion from the Left.” Refers to the Kirchnerists as “the cockroaches”, “las cucarachas”. “Las bases del capitalismo de libre empresa están en la cultura judío.” Opposes Israel to the “collectivist agenda”, apparently unaware of the kibbutzim. #politics
on 02024-12-20#news #video of #Milei this afternoon announcing his new #nuclear #energy plan for #Argentina, starting with the construction of an SMR, apparently unaware of the solar-energy revolution that’s taken place over the last year, along with the ridiculous fantasy of manufacturing SMRs for export. What an embarrassment. It’s useful to see what kind of patriotic rhetoric they use to sell this white elephant. The second speaker is Rafael Grossi, who was the Argentine ambassador to Austria before becoming the head (Director General) of the #IAEA. Rossi, hilariously, says nuclear energy “es una herramienta que la Argentina ha usado en los últimos 70 años con marcado éxito”, not daring to mention anything that suggests Huemul. He does eventually dare to mention nuclear weapons at 8'52”. Milei finally starts speaking at 10'16”. His list of technological revolutions: fire, the wheel, the loom, the steam locomotive, electric energy, and the internet; he says today artificial intelligence opens a new frontier in this Manifest Destiny that we share as a species, which will require more energy than conventional energy — but somehow completely forgets to mention solar and wind energy. #politics
on 02024-12-20#news on polls on #Milei’s popularity, 52% approval. The #video is almost pure talking-head filler. #La-Nacion #politics #Argentina
on 02024-12-18#video of right-wing Fox #news using #Milei as an example for #USA #politics
on 02024-12-17#video #news: #Milei betting on #nuclear #energy. Doh! #politics
on 02024-12-17#news #video about how #Milei (or rather his political ally Jorge Macri) is instituting a US-like policy of sending the police to beat up homeless people and stealing their possessions. Currently there are supposedly 4400 homeless people in Buenos Aires (presumably this means the city), 10% more than last year and 2.5× as many as five years ago. #politics #human-rights #Argentina
on 02024-12-17#news #video with a bunch of talking heads discussing #Milei’s #economics tweet (“Sigan llorando econochantas de mandrilandia”) that the #Argentina’s GDP went up 3.9% from the second quarter to the third quarter, which would be an unheard-of annualized 16.5% growth if it were true, following the earlier fall (which a talking head incorrectly says was 3%). Apparently the central bank has bought US$3.5 billion in dollars from private companies in the last 2½ months, increasing its reserves. And the riesgo país is below 700 basis points (7%) for the first time in a long time.
on 02024-12-17#Bloomberg #news from October on #Milei getting #finance: “#Argentina’s largest companies are rushing to issue dollar debt as yields tumble, a tentative sign that President Javier Milei’s shock therapy is starting to restore investor confidence in the economy.
Banco de Galicia y Buenos Aires SAU, the country’s biggest private lender, sold $325 million of bonds due 2028 abroad at a 7.875% yield this month, while YPF Luz, the power unit of state-owned driller YPF SA, issued $420 million of eight-year notes yielding 8.2%. State-owned Banco de la Nacion said it’s planning a return to international capital markets for the first time in some 30 years.”
on 02024-12-12#Bloomberg #news on #Milei getting #finance: “Shale oil driller Vista #Energy issued $600 million in New York on Wednesday in its first ever foreign bond sale. Pampa Energia SA, which is also ramping up output in #Argentina’s heralded Vaca Muerta shale patch, has arranged investor meetings as it eyes returning to capital markets for the second time this year. MSU Energy borrowed $177 million to refinance its debt. (...) Argentina’s sovereign debt spread is at 757 basis points, hovering around levels not seen in five years, according to a JPMorgan index. (...) Vista sold its 11-year bond with a 7.6% yield, compared with rates in the 8%-9% range when a wave of issuers came to the market between July and October.”
on 02024-12-12#Milei seems to be getting #finance buyin for #energy companies in #Argentina for #shale-oil and shale gas in Vaca Muerta.
on 02024-12-12#video from "Economics Explained" on #Milei consisting almost entirely of stock-footage filler with a relatively #vapid voiceover outlining #Argentina’s past with error-filled subtitles. #Plonk.
on 02024-12-10#video rebutting the #Deutsche-Welle reportage on #Milei I linked earlier, but it’s just some talking head
on 02024-11-28#video of #Milei #interview with #Lex-Fridman #Argentina #politics
on 02024-11-22#Argentina #politics #news #video: #Milei is like a child, according to the head of Rapa Nui, Diego Fenoglio. Only Brazil, South Africa, Colombia, and Mexico have worse income inequality. Deutsche Welle reporting.
on 02024-11-19#video saying in January #Argentina eliminates a 7.5% import tariff (on I guess everything). #Milei #politics
on 02024-11-12#Milei endorses blockchains and cryptocurrencies. #Argentina #politics #video
on 02024-10-18#video #news about a 17.2% fall in supermarket consumption in #Argentina in August, the 9th month of #Milei’s mandate, down 10.6% from the beginning of the year (which I guess means it was up from the beginning of the year in July?), #interview with Marco Lavagna, INDEC director #toread
on 02024-09-16#video #politics #news from #Argentina of #Milei speaking (at Congress?) for 40 minutes last night about the budget he’s proposing and bragging about how great his presidency has been. He claims homicides in Rosario are down 75%. Halfway through his supporters in the galleries start singing football songs.
on 02024-09-16#video #toread about #Milei from the #China state-owned company CGTN
on 02024-09-11#video claiming #Milei has gotten #Argentina out of recession #toread #todelete
on 02024-09-05#video in Spanish about whether #Milei’s plan is working from #Bloomberg. #politics #Argentina
on 02024-09-05#video about whether #Milei’s plan is working from #Bloomberg. Basically the reporting is extremely positive, I think unrealistically so. #politics #Argentina
on 02024-09-04#video about #Argentina setting up a new military base in Ushuaia together with #USA, possibly inspired by #Antarctica oil #energy; #Milei went to Antarctica as soon as he assumed the presidency to repudiate #Chile’s conflicting territorial claims, in the “territory of peace and science” in the treaty signed by all three countries. The Russian discovery might be twice Saudi Arabia’s oil. Reporting by Mega Investiga or Mega Noticias of Chile. #politics
on 02024-07-24#video about #Argentina president #Milei calling Inácio Lula Da Silva, president of #Brazil, “The perfect dinosaur idiot”, “corrupt”, and “Communist”. Pure talking-head filler, with a voiceover reading tweets.
on 02024-07-02#video #toread of #Milei interview by Radio Mitre today; he says things are “starting to work” #Argentina #politics
on 02024-06-24#video #politics the “Ley Bases” passed in the Senate of #Argentina tonight, with the vice president Victoria Villarruel casting the tie-breaking vote with some political rhetoric at about 23:15. #Milei issued a communiqué describing the protestors burning a car and throwing stones outside the building as “terrorists attacking Congress” and describing the legislation as “el primer paso hacia la recuperación de nuestra grandeza”, “the first step towards the recovery of our greatness”. Apparently it has to go back to the lower house to reconcile the differences between the versions the two houses voted on. The video is somewhat repetitive and wastes time on a talking head.
on 02024-06-12#video #politics; tonight the senate is voting on #Milei’s “Ley Bases” proposal to utterly overhaul the law of #Argentina (and delegate an awful lot of power to him), while protestors outside are slinging rocks and burning a car
on 02024-06-12#Milei, speaking at a Cato forum yesterday here in #Argentina (“The Rebirth of Liberty in Argentina and Beyond”), says the state is a criminal and violent organization, quoting Rothbard and Hayek. Apparently the DNU is still “en pie”. #politics
on 02024-06-12#Argentina protest in Santa Fe against #Milei’s “Ley Bases” is three blocks long. Or maybe less
on 02024-06-12#video on #Argentina’s lost opportunities and unreasonably positive expectations for #Milei
on 02024-06-10