Javier Milei, a Self-Described Anarcho-Capitalist, Is Elected President of Argentina – WSJ
The WSJ discusses the recent election of Javier Milei, a self-proclaimed “anarcho-capitalist,” as the president of Argentina. Referred to as “the madman,” Milei’s unconventional approach and radical ideas contributed to his surprising victory. During his campaign, he proposed closing the central bank, implementing dollarization, and openly criticized major trading partners, China and Brazil. The article questions what actions Milei will take now that he holds power.
Tom Phillips, The Guardian’s Latin America correspondent, provides insights from Buenos Aires, where he covered Milei’s inauguration. Phillips interviewed various figures, from former ministers to astrologers, to comprehend Milei’s appeal. The article highlights the impact of soaring inflation on Argentina’s citizens and explores why voters chose to gamble on Milei rather than maintain the existing status quo. The author speculates on the potential consequences of Milei’s presidency and the challenges Argentina may face under his leadership. Overall, the analysis delves into the unconventional political landscape in Argentina and the uncertainties surrounding Milei’s governance.
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