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Old 11-19-2023, 07:06 PM
 
Location: California
1,350 posts, read 960,341 times
Reputation: 1344

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https://www.bloomberg.com/news/live-...unoff-election

Milei Elected with big margin.
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Old 11-19-2023, 08:28 PM
 
3,323 posts, read 2,599,436 times
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Considering the deep influence Peronism has on Argentina, I doubt he will be able to accomplish much.
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Old 11-19-2023, 08:50 PM
 
178 posts, read 181,543 times
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Edited...
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Old 11-20-2023, 03:02 AM
 
Location: Somewhere on the Moon.
9,671 posts, read 14,499,668 times
Reputation: 9923
Quote:
Originally Posted by Suesbal View Post
Considering the deep influence Peronism has on Argentina, I doubt he will be able to accomplish much.
If Argentina’s Congress is composed more by his political party, then he might get something done. Otherwise, expect a lot of unnecessary stalling and bickering for the slightest thing that needs Congress approval. That goes for any democratic country, even Argentina which is more Presidential than the USA. The worst is to have as president someone from one party and Congress composed mostly of the opposition.
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Old 11-20-2023, 05:10 AM
 
Location: Dayton OH
5,628 posts, read 11,152,602 times
Reputation: 13039
Although Argentina's economy is almost in shambles and inflation is a monster, you have to give their electoral system some credit for managing a first round election with over a half-dozen candidates, and then a second round runoff with the top two candidates from the first round. The votes were cast on the election days with no apparent chaos or conflict at polling stations. Neither candidate made accusations of fraud or fault with the election system. There was no violence. The losing candidate conceded the election after the results were in and there was no doubt who the winner was. The results were made available in less than 24 hours after the polls closed.

Wow, I am a bit envious.
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Old 11-20-2023, 05:40 AM
 
Location: Fortaleza, Northeast of Brazil
3,887 posts, read 6,669,953 times
Reputation: 2344
Just a silly question: if he really ends the Central Bank, who will oversee the banking sector in Argentina?
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Old 11-22-2023, 07:06 PM
 
Location: London, UK
4,090 posts, read 3,648,911 times
Reputation: 2897
I think dollarising the Argentine economy is a big mistake. To allow the dollar to be used without much restriction, alleviating restrictions gradually would be a good idea but to completely dollarise such a big country and economy without having stabilising responses and ceding monetary policy to a foreign power. I mean I know management has been pretty much disastrous but better to improve domestic monetary policy than cede seigniorage, autonomy and sovereignty.
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Old 11-23-2023, 12:53 AM
 
2,084 posts, read 1,213,975 times
Reputation: 3140
.... adopt a basket of currencies.
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Old 11-25-2023, 07:09 AM
 
5 posts, read 13,754 times
Reputation: 15
How is electing an anti-vaxx, climate change denier and dictatorship apologist a turn to the right direction? As a Brazilian, I feel sorry for Argentinians right now. Brazil elected their far-right leader in 2018 and it was the worst decision the country ever made.
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Old 11-25-2023, 08:53 AM
 
Location: Somewhere on the Moon.
9,671 posts, read 14,499,668 times
Reputation: 9923
I think it depends on the country. It's safe to say that more Venezuelans feel sorry for electing Hugo Chávez in the 1990's (or was it in the 2000's?) and he was from the far left. Well, if he promised change, he gave Venezuela what he promised.

Be careful what you wish for. Sometimes what isn't said is the most important.
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