Argentina: the crisis is hitting the workers
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The US press wants to present this election as a great victory and a landslide for Milei and his party, but it is not; There was a very low participation of the voting population, only 65% considered as one of the lowest in the history of Argentina, and Milei only obtained 39.5% and the peronista opposition obtained 29.6%
https://buenosairesherald.com/world/international-relations/trump-congratulates-milei-on-landslide-victory-in-argentinas-midterms. It is not a landslide. A 39% from a participation of 66%, considered as the lowest one in the history of Argentina, is not a landslide, and the Peronistas obtained a second place, and there were several other political parties who also obtained many votes. It is not like in the USA, where only two political parties participated in the election process.
And the victory was produced because of the monetary sway that the government signed with the USA before the election. There were predictions before the swap that there was a tie or that the opposition was going to win
https://www.commondreams.org/news/trump-argentina-election?utm_source=Common+Dreams&utm_campaign=4fd1579733-Top+News%3A+Mon.+10%2F27%2F25+w%2F+fundraiser&utm_medium=email&utm_term=0_-5cab4589e1-601439995Argentine economists believe the US Treasury has already sold its pesos
Argentine economists believe the US Treasury has already sold its pesos
A Central Bank balance sheet indicates that the currency swap between both countries may have been activated, prompting economists to demand transparencyUS banks shelve $20 billion bailout plan for Argentina. They can only provide a $ 5 billion short-term loan, which is not even enough for several Parrilladas and Malbecs. Donald Trump made a lot of noise, but his promises failed, and workers voted for Milei Congress again, and despite that, his approval was very low. Ironically, besides being a debtor, it is also a creditor; Cuba, Guyana, and Guinea owe Argentina more than 3 billion dollars, which have not been paid
Make Argentina Crash Again: On Milei’s Neoliberal Experiment
Make Argentina crash again
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