What Would Dollarization Mean for Expats?

[Reply Guy]

They crashed their respective economies, installed criminals and grifters in positions of power, and screwed pretty much everybody.

The Ks did this too. They installed a suspected narco boss as the minister of security lmao. Along with many other criminals and grifters.

Let's give me Milei a chance, if he fails too, then voters can reject him in 4 years.

 

[Ries]

I hear KIm Jong Un is looking for a new playmate, now that Trump is not available. Maybe Milei can make friends with him.

 

[Alfred_Arnold]

I hear KIm Jong Un is looking for a new playmate, now that Trump is not available. Maybe Milei can make friends with him.

Two posts above yours it quotes Milei stating he won't make pacts with communists. He'd surely include Kim "Rocketman" Jong Un and decline the invite if he keeps that promise.

 

[sergio]

Any sane person knows that the status quo cannot be sustained in Argentina. This forum has had countless posts complaining about the Kirchners and the current President. I get the impression that Milei is being dismissed without any interest in knowing what he would actually do as President. At the moment Milei is basking in the glow of his victory. If he is a crank with no good ideas whatsoever, what then is the answer? What do readers of this site propose?

 

[antipodean]

Much like trump, macri, bolsonaro and putin effected change. They crashed their respective economies, installed criminals and grifters in positions of power, and screwed pretty much everybody.

It's called Populism and you can add Cristina K, Zuma, Mugabe, Chavez, Maduro, Correa and more to the list. Doesn't matter if they claim to be from the left or the right, the above statement holds true. And since Perón and the golden days of fascism, Argentines have a weakness for it - the bigger the general's hat, the crazier the president's hair or the more overbearing the presidentas ego, they lap it up provided whatever they are saying feeds the popular mood at the time.

 

[sergio]

Much like trump, macri, bolsonaro and putin effected change. They crashed their respective economies, installed criminals and grifters in positions of power, and screwed pretty much everybody. And, with the exception of putin (so far), they got promptly rejected by voters at the next opportunity.
all my argentine friends are sick at the prospect…

Trump destroyed the economy? Really? A Democrat activist friend in NYC who despises Trump once admitted "As much as I hate him, he made me a lot richer" referring to the booming economy under Trump.

WHO do your Argentine friends want to see elected President?

 

[earlyretirement]

Any sane person knows that the status quo cannot be sustained in Argentina. This forum has had countless posts complaining about the Kirchners and the current President. I get the impression that Milei is being dismissed without any interest in knowing what he would actually do as President. At the moment Milei is basking in the glow of his victory. If he is a crank with no good ideas whatsoever, what then is the answer? What do readers of this site propose?

I'd be willing to give Milei a chance as let's be honest the previous presidents have horrible. However, much like Trump... the more he talks the more I'm getting turned off. There is such a thing as talking too much non-sense. Trump could have appealed to 50% of his base no matter what he say/does. But if he only wasn't an egomaniac and narcissist he could have appealed to more people. Instead, he fell too in love with himself. I'm getting the sense that Milei might be like that too.

Trump actually had really good policies. Saying Trump destroyed the US economy is WAY off base. It's Biden and his party that has made things how they are. Look at the states like California where all hell has broken loose. All left wing nuts.

Much of what Milei says doesn't make ANY sense at all. Dollarization can't and won't happen. I mean, let's be realistic, where will all the US dollars come from?? IMF? USA? China? Ha, ha. Nope.

Today when he said he has a blanket refusal to do any kind of business with socialists and lumped Communist China in the same category. Do you realize China is the 2nd largest buyer of Argentine exports in the world?! It provides $18 BILLION swap line with the central bank (that he is going to blow up). They use that to pay the IMF!!

So Milei fans have to be a little concerned with what he is saying and acting like. Watch his Tik Tok's. The guy is falling in love with himself which is a dangerous thing.

I do agree with some things like pulling out of Mercosur. Can anyone tell me one benefit that Argentina really gets by letting all the other South American countries send their population to study free here?

 

[Redpossum]

benefit that Argentina really gets by letting all the other South American countries send their population to study free here?

Seriously? If you're equating Mercosur with that idiot policy of giving free education to all those foreigners, that's a major false equivalency. The other countries in Mercosur don't do that.

Today when he said he has a blanket refusal to do any kind of business with socialists and lumped Communist China in the same category. Do you realize China is the 2nd largest buyer of Argentine exports in the world?! It provides $18 BILLION swap line with the central bank (that he is going to blow up). They use that to pay the IMF!!

That is stark raving lunacy. The man is an idiot, like some wannabe James Dean rebel without a cause. When he said that he wanted to dynamite the Banco Central, we all took it as allegory. So the next day he doubled down on stupid, and tweeted that, no, he meant it literally. That's perilously close to...nah. Not gonna go full Godwin here, but you know I'm thinking it.

 

[earlyretirement]

Seriously? If you're equating Mercosur with that idiot policy of giving free education to all those foreigners, that's a major false equivalency. The other countries in Mercosur don't do that.



That is stark raving lunacy. The man is an idiot, like some wannabe James Dean rebel without a cause. When he said that he wanted to dynamite the Banco Central, we all took it as allegory. So the next day he doubled down on stupid, and tweeted that, no, he meant it literally. That's perilously close to...nah. Not gonna go full Godwin here, but you know I'm thinking it.

But that's my point. What does Argentines get from other Mercosur countries? Most of them don't have good Universities like Argentina has. I get they could go and live in those countries but most of those countries are hellholes that most wouldn't want to live in.

Argentina is dead ass broke so a lot of things needs to change including giving free education to all of those countries. That is just wrong.

I'm genuinely interested what the main benefits for staying in it. I get why they started it - https://www.cfr.org/backgrounder/mercosur-south-americas-fractious-trade-bloc

 

[Redpossum]

But that's my point. What does Argentines get from other Mercosur countries? Most of them don't have good Universities like Argentina has. I get they could go and live in those countries but most of those countries are hellholes that most wouldn't want to live in.

Argentina is dead ass broke so a lot of things needs to change including giving free education to all of those countries. That is just wrong.

I'm genuinely interested what the main benefits are from being in Mercosur for Argentina.

OK, but my point is that they are two separate things. You can axe the free education for every mangy-ass wannabe-socialist from Culo del Burro without leaving Mercosur.

Mercosur isn't working like it should, true, but it is a trade alliance; it can be fixed, it can be reformed. And Latin America desperately needs one of those if it is to have any hope of reclaiming lost sovereignty and charting its own course. Hopefully not one that leads over a cliff