Crypto scandal in Argentina. “Javier Milei involved the presidential investiture to allow the alleged $LIBRA scam to effectively take place: without his tweet, $LIBRA would not have had the volume of purchases it did.” The congressional report paints a picture […]
Argentina’s economic turning point. “Milei now has a clear path to finish what he started.” With October’s legislative elections behind him, Argentine President Javier Milei’s radical reforms could attract tens of billions in foreign direct investment. ~ learn more
Why is Argentina poor? “Around 1900, Argentina was 2x richer than Japan, and over 4x richer than Taiwan, South Korea, and China. But all these countries are now richer than Argentina.” Factors like land concentration and poor economic policies have […]
It’s a solid couple minutes of entertainment watching Javier Milei systematically cut down his government to libertarian-appropriate size. ~ learn more
There’s a lot here. First: “Argentina has seen an average of 100% annual inflation for the last century.” No surprise the locals are allergic to their currency and convert to foreign currency whenever possible. But capital controls restrict foreign currency, […]