BRICS Expansion: Argentina Inflation Reach 175% after NO to BRICS

  Рет қаралды 43,177

Fastepo

Fastepo

Ай бұрын

Argentina's recent decision to withdraw from joining the BRICS bloc reflects a significant shift in its foreign policy under the new administration of President Javier Milei. Milei, who took office in December 2023, has emphasized aligning Argentina more closely with the United States and Israel, rejecting ties with what he refers to as "communist" regimes, including China and Russia.
Before discussing Argentina's decision to withdraw from joining BRICS, let's explore the country's economy.

Пікірлер: 433
@fastepo
@fastepo Ай бұрын
US Economy on the verge of collapse: The Rise and Fall of the Empire 👇👇👇👇👇👇👇👇👇 kzfaq.info/get/bejne/hplzkqWhltG2lGg.html
@ThierryHorel
@ThierryHorel Ай бұрын
You should say the fall of the West, as everything is based on the petrodollar, the dedollarization will crash all the financial system.
@victorteo4783
@victorteo4783 Ай бұрын
Argentina, reap what you sow. 😢😢😢
@dedskin1
@dedskin1 Ай бұрын
Well i doubt its their fault , i mean the people , These political decisions are made by the new Administration. What will happen remains to be seen . Its not easy to isolate your self from USA in South and North America , Argentina wanted to decouple but it led to isolation , some countries like Cuba went that way , for decades now . But that path is not easy , its a sacrifice . one that will bring fruit in the future , once Cuba is opened it will grow faster then any other nation locally maybe even on Global level , due to its low development ,strategical place , and big opportunities ,as well as good demographics . But for now USA keeps it Isolated , and they do that for a reason , they cant afford developed Cuba , but once free Cuba will develop, Argentina is in the same boat , just trying to survive untill things turn in new direction . How one can do that is hard to say , its hard to put your self in their shoes .
@raulnicolaueffgen5655
@raulnicolaueffgen5655 Ай бұрын
1000lei libertar4do perdió la oportunidad....
@johannlandgraf3003
@johannlandgraf3003 Ай бұрын
Von Amis gekaufte Politiker und Präsident -das kann weite nicht gut gehen .
@sarasalleh3442
@sarasalleh3442 Ай бұрын
Argentina are Pro Israel and USA.😂😂😂
@monaliza3334
@monaliza3334 Ай бұрын
Argentina, the country where the NazSS fled along rat trails... Who is this person, who checked his pedigree. He looks like a German -Cannibal-
@mansorosir5878
@mansorosir5878 Ай бұрын
no body will join a sinking ship, but Argentina do.
@kenhew4641
@kenhew4641 Ай бұрын
"To be an enemy of the USA is dangerous, but to be a friend of the USA is fatal" - Henry Kissinger
@mauricio-wq5lu
@mauricio-wq5lu Ай бұрын
The lessons anyone can learn from the Argentine experience from an Argentine: 1. Never trust your financial future to any government. 2. Have funds in precious metals and liquid funds. 3.Keep as little in your Argentine bank as possible to pay monthly bills. 4. Have skills others need that you can trade your services for instead of cash. 5. Vote for joke of a president, you become part of that joke.😅
@babakawaz8225
@babakawaz8225 Ай бұрын
Very profound.
@lindaho4554
@lindaho4554 Ай бұрын
Don’t cry for me Argentina!
@lindaho4554
@lindaho4554 Ай бұрын
kzfaq.info/get/bejne/gaqPZL1pzruomKM.htmlsi=5aTbZm0ZclBtfc0M
@vinsok-wg7lh
@vinsok-wg7lh Ай бұрын
Argentina saves usa dollars
@ivyngo110
@ivyngo110 Ай бұрын
@@vinsok-wg7lhArgentina here . The inflation actually goes down since he took the office. They need time to recover
@user-bp2dl3ov8l
@user-bp2dl3ov8l Ай бұрын
😢
@zziarbn257nd
@zziarbn257nd Ай бұрын
@@ivyngo110 hh
@alrent2992
@alrent2992 Ай бұрын
Argentina will never get out of debt. Never!
@peanut0brain
@peanut0brain Ай бұрын
That's the goal of IMF!! And if u refuse the loan, like Nicaragua or Ukraine, you get some "freedom and dêmókrazy" bombs!
@caponekartel
@caponekartel Ай бұрын
@@alrent2992 they forget about greece zimbabwe
@chrislivesinreality8245
@chrislivesinreality8245 Ай бұрын
LOL, neither will the debt-based "economy" of the usa. Your point?
@EdZeind
@EdZeind Ай бұрын
@@chrislivesinreality8245 The point: USA is a power, and Argentina is a midget. Bill Gates, in debt, is one thing, and you, in debt, are something quite different.
@johannlandgraf3003
@johannlandgraf3003 Ай бұрын
Weil dumm und Korrupt ist .
@danielli9167
@danielli9167 Ай бұрын
Argentina's inflation has nothing to do with/without BRICS. But it is good that it is not in the BRICS. BRICS does not need country like that.
@prabhakar0076
@prabhakar0076 Ай бұрын
But they could have saved themselves from this hunger. They kicked the oppurtunity in the hand.karma haunts but people deserve who they elect
@jacquelineperet6599
@jacquelineperet6599 Ай бұрын
💯✅️💯✅️
@ZincFold
@ZincFold Ай бұрын
Can lead a horse to water but cannot force it to drink. Argentina is getting exactly what they voted for.
@naphakademagadla2478
@naphakademagadla2478 Ай бұрын
I agree we dont need Argentina
@Mohammadkwt
@Mohammadkwt Ай бұрын
@@prabhakar0076they choose some whack president. That’ll teach them a lesson of not allowing some radical 🗑️ to be in power 🤷🏻‍♂️ Gotta learn in the hard way.
@dranzacspartan8002
@dranzacspartan8002 Ай бұрын
It is extremely incomprehensible that any Leader of a Country would still be choosing to align themselves with USA's Global Military Network that ONLY serves the purpose and interests of USA ... and NOT join the BRICS+ Global TRADE Network that serves the purpose of ALL Country's interests. Leaders of countries now have a real choice ... serve the interests of USA ... or serve the interests of YOUR Citizens. What's even more bizarre is that Argentina have been abused by USA, many, many times in the past ... and yet ... here that go again ... choosing USA's interests over what's best for their people.
@leoninocat5070
@leoninocat5070 Ай бұрын
He still lives in cold war era
@nolga3569
@nolga3569 Ай бұрын
He can't bite the hand that feeds. He's a state department plug and dumb AF.
@dan-3268
@dan-3268 Ай бұрын
Perhaps Milei likes having a sugar daddy. Spank me, uncle Sam.. He says at night...
@davidlim5
@davidlim5 Ай бұрын
He should resign. He misled his people with 175 inflation. Maybe he should join G7 !!!
@2004nancy
@2004nancy Ай бұрын
True. It feels like they don't want development. How would joining BRICS lead to exclusion of trade relations with USA.
@V34035
@V34035 Ай бұрын
Argentina just hit their first week without inflation in food prices in 30 years
@rednose1966
@rednose1966 Ай бұрын
I know and all of these bots are negative. I started my technology company last month in Argentina. Let the bots keep prying eyes from investigating and investing in this fertile land.
@RaulCortes-hh5js
@RaulCortes-hh5js 19 күн бұрын
O yes after 200 por cent what a joke
@V34035
@V34035 19 күн бұрын
@RaulCortes-hh5js No it was 300, The funny thing is that 300% has been going on for years the only difference is that the former government was hiding it by using the country's money to pay for it.
@davidlee9493
@davidlee9493 Ай бұрын
Argentina thought it's too good for BRICS. Good luck with your application to G7.
@Van_Wilder
@Van_Wilder Ай бұрын
And as we know G7 is fast becoming irrelevant
@nauy
@nauy Ай бұрын
Wouldn’t that require it to be G8?
@nolga3569
@nolga3569 Ай бұрын
G7 don't accept brokies, what a noob
@Van_Wilder
@Van_Wilder Ай бұрын
@@nolga3569 i considered putting together a lengthy yet factual response that would send you packing into the stratosphere but fortunately, stopped myself from wasting my time with someone that’s clearly ignorant on the topic…coming from someone who studies Global Macro Economic and Geopolitics
@Treasure_hunter_21
@Treasure_hunter_21 Ай бұрын
​@Van_Wilder, wow. Judging by your answer, you learned your degrees in the same place as Argentina clown president 😂😂😂
@captainsparrow8435
@captainsparrow8435 Ай бұрын
Very messi situation for them.
@choykong7190
@choykong7190 Ай бұрын
The goal is too messi..😝
@fookcheongloke1741
@fookcheongloke1741 Ай бұрын
Argentina has missed the boat to join BRICS. Now, BRICS is suspending further admission of members until further notice.
@Nya-ne5ih
@Nya-ne5ih 28 күн бұрын
The success of a country does not depend on whether or not it is within a commercial bloc, Argentina will move forward on its own if it is governed by serious and practical politicians, not by corrupt populists.
@craigrjlogan8945
@craigrjlogan8945 Ай бұрын
RIP Argentina
@jonathanfriedlander8563
@jonathanfriedlander8563 Ай бұрын
😂😂Suffer the american dream !!!😂😂
@morasoussif4168
@morasoussif4168 20 күн бұрын
le reve argentin pleuré
@alicecoppers8980
@alicecoppers8980 Ай бұрын
I was considering moving to Argentina. Forget it now!
@hermesliteratus882
@hermesliteratus882 Ай бұрын
Good call.
@MJ-yu2mj
@MJ-yu2mj Ай бұрын
Thank you for not my moving to my country :).
@prabhakar0076
@prabhakar0076 Ай бұрын
Why did u want to move to Argentina, the reason
@_Executor_
@_Executor_ Ай бұрын
Why would you like to move there? If you are a digital nomad I see the point, but other than that it doesn't make any sense.
@peakserv
@peakserv Ай бұрын
Argentina 🤡 is jumping into a sinking 🇺🇲 ship. Sad! 😥😢
@a.healani9296
@a.healani9296 Ай бұрын
Exactly. . . 🪦
@nauy
@nauy Ай бұрын
Argentina is a sinking ship. It’s latching itself to the titanic instead of a tug boat.
@chrislivesinreality8245
@chrislivesinreality8245 Ай бұрын
@@nauy LOL, usa = titanic... yep!
@chrislivesinreality8245
@chrislivesinreality8245 Ай бұрын
what happens when you team with terrorists of usa.
@morasoussif4168
@morasoussif4168 20 күн бұрын
Bien fait pour les racistes
@mohmeegaik6686
@mohmeegaik6686 Ай бұрын
Millet supposed to be an economist. His decision to join G7 is an abomination to Argentina.
@tlflora
@tlflora Ай бұрын
didnt he tell them off in some way?
@hylimm
@hylimm Ай бұрын
Dumb n stupid economist!
@nolga3569
@nolga3569 Ай бұрын
Where did he study economics? Just for info so that we can all avoid that pos school.
@randomworld4662
@randomworld4662 Ай бұрын
@@nolga3569 from TRUST ME BRO University
@xXdnerstxleXx
@xXdnerstxleXx Ай бұрын
​@@nolga3569bro, ur not even Argentinian...
@DreamWave69
@DreamWave69 Ай бұрын
Who you vote for is what you get, and the lack of an uproar indicates that most people don't care.
@nickpope8056
@nickpope8056 Ай бұрын
BRICS is the future ❤❤❤
@shaultzur8646
@shaultzur8646 Ай бұрын
Sure… China, Russia, Iran, South Africa… all the good guys. 🤦🏻‍♂️
@GeneralWinter9
@GeneralWinter9 Ай бұрын
They're a thousand times better than the woke west
@nickpope8056
@nickpope8056 29 күн бұрын
@@shaultzur8646 ukra NaZii troll detected…)))
@justingriffin2546
@justingriffin2546 Ай бұрын
Such a large beautiful country, very sad they can't do well economically...
@faterrorism
@faterrorism Ай бұрын
This relieved the BRICS. Argentina could only become a burden and drag on the BRICS countries.
@user-nq2oz8tf2l
@user-nq2oz8tf2l Ай бұрын
BRICS doesn't operate like the IMF. They focus on infrastructure and building up, not throwing money into sinkholes. You have to pull your weight.
@Dragon3514-m9u
@Dragon3514-m9u Ай бұрын
Electing Milei was their first mistake. He is on par with Borris Johnson 😂
@leoninocat5070
@leoninocat5070 Ай бұрын
With Zelenski
@MonsterHummerH3-zx1no
@MonsterHummerH3-zx1no Ай бұрын
Argentina voted for a complete stupid Imbecile!😄
@zixon1347
@zixon1347 Ай бұрын
They follow Banana Joe recipe, they got banana 🍌
@JustinMoss-bj9yu
@JustinMoss-bj9yu Ай бұрын
yeah, more safe money being with US. no one cry's for argentina. there was another Milei in the 70's.
@arthurchu4491
@arthurchu4491 Ай бұрын
BRICS countries felt so relieved when they heard Argentina won't join the group, no one except Brazil wants Argentina become BRICS member.
@brianliew5901
@brianliew5901 Ай бұрын
It's almost impossible to save those who're insisting on commiting suicide. 😢😢😢😢😢
@oneplanetearth
@oneplanetearth Ай бұрын
Good for Milly supporter ✌✌✌
@bernkoh343
@bernkoh343 Ай бұрын
Milly and his supporter look down on BRICS..😢
@hylimm
@hylimm Ай бұрын
Why so low? Should be 300% inflation.
@talk2stop
@talk2stop Ай бұрын
Argentine you missed the opportunity. BRICS will be back but don’t wait for it.
@MonsterHummerH3-zx1no
@MonsterHummerH3-zx1no Ай бұрын
Exactly.
@tuber6382
@tuber6382 Ай бұрын
Why only 175% ? Should be 5000% per hour
@nolga3569
@nolga3569 Ай бұрын
Think it's a typo looked it up and it's at 275% since 2023. The guy nuked the economy in 1 year 😂
@ifritron
@ifritron Ай бұрын
@@nolga3569 it was nuked before but yes, he said he could solve it.
@garray82
@garray82 Ай бұрын
THEY HAVE TO PAY,.,.,.,
@justicerules1373
@justicerules1373 Ай бұрын
China should stop the currency swap with Argentina immediately and see how they will end. China made 18 billions USD available for Argentina and this was why they were able to pay the IMF.
@randomworld4662
@randomworld4662 Ай бұрын
they already stop lol
@justicerules1373
@justicerules1373 Ай бұрын
@@randomworld4662 , no China did not. China still extends 5 billions extension to Argentina until 2026.
@michaellou7101
@michaellou7101 Ай бұрын
@@justicerules1373Chinese leaders are too nice and soft. Argentines take advantage of Chinese goodwill.
@jglg7238
@jglg7238 Ай бұрын
Keep up the good work, your videos are great 👍
@apakansaja8505
@apakansaja8505 Ай бұрын
*We are witnessing a country, Argentina living beyond her means. Developed the country by taking loan and increase debt year in year out. Its payback time.*
@vidsurf88
@vidsurf88 Ай бұрын
Argentina could have used the BRICS bank, to offset debts at a lower interest rate. Upgrade it's infrastructure to spur trade and export it's products to friendlier BRICS countries..
@hermesliteratus882
@hermesliteratus882 Ай бұрын
It's all gone now.
@kartiniabubakar2699
@kartiniabubakar2699 Ай бұрын
True but BRICS is not in force yet ?! when Milei denounced BRICS for G7
@prabhakar0076
@prabhakar0076 Ай бұрын
😂😂😂 INDIA is enough for their increase in GDP thru tourism but their PM thought we r Europeans 😂 and garden
@Javier77040
@Javier77040 Ай бұрын
Milei's administration took office on January and immediately refuse join brics that month was invited and Brazil open the door to joined, and last G7 meeting Mileis was part as special guest from Italy. Argentina is fully with G7 and yes ditch brics, no doubt
@kennedy6618
@kennedy6618 Ай бұрын
America select Milei to put the last nail on Argentina's economy! RIP Argentina.
@peterchin6759
@peterchin6759 Ай бұрын
Good. All the best Argentina
@justingriffin2546
@justingriffin2546 Ай бұрын
Who does Argentina need protection from?.....Great Britain maybe, the USA maybe.... Buddha said the Middle path....But Millet has swung from the Left and pulled a hard Right....into oncoming Traffic...
@prabhakar0076
@prabhakar0076 Ай бұрын
😂😂😂
@TNKfoxxx
@TNKfoxxx Ай бұрын
I think that the key issue is what were the conditions for joining BRICS that were put forward to Argentina and whether they aligned with Milie's plans for course correction on the Argentinian economy. So far he's doing what most said could not be done. Self determination and autonomy to be what you want to be seems to be something that we don't think about anymore at the expense of the hopes, real or not, of toeing the line and becoming another brick in the wall.
@uweinhamburg
@uweinhamburg Ай бұрын
It's very hard to understand what 175% inflation over 3 or 4 years would mean for the fabric of a society; things like pensions, long term economic plans, banks and so on...
@fairryalp.-de5qb
@fairryalp.-de5qb Ай бұрын
I think one of the reasons BRICS invited Argentina not because it's so great but more about geography. Same with BRICS, Argentina removed from BRI before BRICS?
@SportZFan4L1fe
@SportZFan4L1fe Ай бұрын
Milei exchanged Argentina's many Natural Resources and commodities for Wealth and Safety in the USA. Same as Zelensky in Ukraine.
@tkhong1940
@tkhong1940 Ай бұрын
good and fair presentation
@ShaopengChen
@ShaopengChen Ай бұрын
Tell me who you vote for, I'll tell you who you are.
@V34035
@V34035 Ай бұрын
The amount of economic and political illiteracy in the comments is amazing 🤣
@charleshinton8565
@charleshinton8565 Ай бұрын
Look at the Shanghai composite. Down 55 percent from 10 years ago. That is near depression territory. Depression when sellers outnumber buyers year after year
@sabelomogari9216
@sabelomogari9216 Ай бұрын
Argentina en route to becoming Zimbabwe and Venezuela.. How nice
@MrJustoverissimo
@MrJustoverissimo Ай бұрын
Did you like the book? - Yes ,but a lot of people huh... Keep going it gets even more interesting - All of a sudden a door opens on this huge corridor with someone screaming... Who took my phone book from here? YES ..MY FRIEND .. PEOPLE BELIEVE...
@ChristianBennett1
@ChristianBennett1 Ай бұрын
Wouldn't have happened if Maradonah was in office.
@jaodasilva7993
@jaodasilva7993 Ай бұрын
(B)razillian here ... the inflation here isn't much better... the dollar is getting expensive by the day here .... i would wage that brazillians will be fleeing to argentina by the end of 2024.
@delsol1967
@delsol1967 Ай бұрын
Have to congratulate Javier on his "good" judgment
@ChristianBennett1
@ChristianBennett1 Ай бұрын
Brics: "Don't cry for me Argentina" 😢😊
@hydrohasspoken6227
@hydrohasspoken6227 Ай бұрын
Good luck, Argentina.
@rickv1778
@rickv1778 Ай бұрын
Should have stayed with Brics. The US is going to strip Argentina to the bone and for nothing.
@user-ox4ci2wr3z
@user-ox4ci2wr3z Ай бұрын
The President of Argentina isn't the brightest guy. Milei is much too idealistic. Allows his personal dogma to cloud his judgment. BRICS would have helped Argentina curb inflation and would have been a real lifeline in terms of balance of trade. Instead, he chooses to stick his thumb out at Cnina and Russia. Not too smart.
@nolga3569
@nolga3569 Ай бұрын
He's an American puppet
@richardparker1338
@richardparker1338 Ай бұрын
It would be interesting to know just how much Argentina was coerced by the US. The value of the Peso aka the "Blue" rate, is determined on the US stock market by comparing the buy/sell rate of a bond traded in both the US and Argentina. The US finance industry is quite capable of destroying the Peso, which could force Argentina to then allow exploitation by US corporations moving in to buy up resources cheaply.
@user-gn8iw1cx3q
@user-gn8iw1cx3q Ай бұрын
Stop dollar corruption.
@MrRinoHunter
@MrRinoHunter Ай бұрын
The stupidity here is breath taking, Argentina just hit 0% inflation.
@Javier77040
@Javier77040 Ай бұрын
They show tha annual rates, is a old data because need to pass at least a year to see the real number on inflation, monthly is around 4 and basic needs yes hit the 0%, food and basic necessary is 0, the 4 percent is from services and past inflation remains. Is not stupidly, their take our worse number to push bric agenda
@Nya-ne5ih
@Nya-ne5ih 28 күн бұрын
It is not true that there is zero inflation, it still exists but the way in which inflation rises is decreasing, it is better than nothing than if it continues to rise or there is one-digit daily inflation as happened with the previous government. Literally when that happened, prices were marked up more than once in supermarkets, a typical image prior to hyperinflation.
@rocaverde2829
@rocaverde2829 Ай бұрын
Looks like BRICS dodged a bullet !
@madworld6801
@madworld6801 Ай бұрын
Who do you think put him there
@hydrohasspoken6227
@hydrohasspoken6227 Ай бұрын
"Don't want to join those communist countries". I think this one lacks some business mindset, especially when those communist countries are good to do business with.
@cyberspore00
@cyberspore00 Ай бұрын
Not to mention that Russia hasn’t been, “Communist” since 1991. Nothing like a leader keeping up on the news 😂
@VishalChauhan-ee6bz
@VishalChauhan-ee6bz Ай бұрын
Hola! argentina from india. Is everything ok?
@Javier77040
@Javier77040 Ай бұрын
Hola from Argentina, yes everything is actually ok here, despite the video says we are going better and better. Inflation is going down fast, but on global rates mark still higth, but the monthly rates are very lows 😁 we doing well
@HappyPandaBear73
@HappyPandaBear73 Ай бұрын
Ooh, well Argentina. Run to the u$a for the USD now and stay with it. Don’t stray too from your Master, the American’ts.😅
@lokeshsag
@lokeshsag Ай бұрын
I don’t understand economics, they are humans, still buying and alive and thriving… what changes does inflation do?
@Max_Power_
@Max_Power_ Ай бұрын
Imagine that you buy things using dollars, until one day each grain of sand in the world suddenly transforms in 10 dollars bills. Do you think the dollar will still be a valuable currency after that or that it's value will be zero? If it's value is now close to zero, then what price in dollars will you place to a product? Something really big that goes closer to infinity?
@classesanytime
@classesanytime Ай бұрын
It has come to a point that the US has to revalue the USD because they have inflated it artificially for too long and is about to implode on itself! There are more USD flowing into the US than that flow out which should have a devaluation effect against other currencies but the contrary is true because of the artificial inflation! USD vs REAL has gone from 1/4.60 to 1/5.50 in less than 7 months. It's a tsunami effect and will roll back in the next 3 to 6 months! Brazil is starting to sell off it's USD to American investors as well and will disconnect from the USD system the moment the BRICS currency comes available which is probably October 2024!
@joad8537
@joad8537 Ай бұрын
they’re surviving but definitely no longer thriving.
@JenHope113
@JenHope113 Ай бұрын
Missed the opportunity to sell more to China and Russia.
@dannyboy8850
@dannyboy8850 Ай бұрын
Mismanagement is the key factor for the economy down fall for Argentina.
@jamesfranqui2660
@jamesfranqui2660 Ай бұрын
😂😂😂Argentina has been on a death spiral decades before the BRICs offer. BTW the B on BRICs (Brazil), it's currency is trading at an all time psychological low of 5.5933 Reais to the US Dollar. For sure it hasn't gain anything for being a member of BRICs. BRICs being a term coined by Wall street itself. You see BRICs is not a spontaneous organization, it was an investment term to divert investments towards those regions.
@hilwaamanamankiyar-pp5bf
@hilwaamanamankiyar-pp5bf Ай бұрын
YEARS
@justingriffin2546
@justingriffin2546 Ай бұрын
Most of the countries in BRICS are not Communist, Russia is not communist.....Vietnam and China are doing quite well and dont' seem to mind their version of communism...lot of billionaires in china.....Each to their own i guess...Prayers for Argentina.
@Luming-di9rf
@Luming-di9rf Ай бұрын
China has 814 billionaires, the most in the world, according to the Hurun Global Rich List 2024.28 Apr 2024
@MonsterHummerH3-zx1no
@MonsterHummerH3-zx1no Ай бұрын
Russia is Communist Russia is the father of Communism what are you say bro!?🙁
@prabhakar0076
@prabhakar0076 Ай бұрын
Conveniently forgot INDIA, future 3rd biggest economy present 5th. The tourism could have benefitted Argentina
@Luming-di9rf
@Luming-di9rf Ай бұрын
@@prabhakar0076 I don't see that many Indians reaping benefits from their economy. Most are still desperately poor and will remain so.
@Luming-di9rf
@Luming-di9rf Ай бұрын
@@prabhakar0076"Future" is the keyword here and that doesn't guarantee anything.
@Vajrabodhi37
@Vajrabodhi37 Ай бұрын
👏👏👏 Karma Sherab Dorje 🙉🙊🙈
@francisharlow8443
@francisharlow8443 Ай бұрын
HE LINED HIS POCKETS WITH US DOLLARS
@tandennis5817
@tandennis5817 Ай бұрын
This is what happens when we elect leaders who lack experience in financial expertise to improve their economy
@marcionphilologos5367
@marcionphilologos5367 Ай бұрын
WHAT MUST ARGENTINA DO TO OVERCOME THE ECONOMIC CRISIS????? 1, INCREASING TRADE WITH THE BRICS NATIONS 2. SUPLANTING DOLLAR DEBT WITH BRICS DEBT. 3. REDUCING SPENDING OF THE GOVERNMENT TO A SOCIAL ACCEPTABLE LEVEL 4. SUPPORTING THE POOR WITH PUBLIC FOOD KITCHENS. 5. PARTIAL NATIONALIZING THE HOUSING MARKET TO MAKE RENTS AFFORDABLE 6. NATIONALIZING LANDS AND MINES BY PAYING WITH PESO'S AND LATER SELLING THESE ASSETS AGAIN IN DOLLARS TO PRIVATE INVESTORS.
@totallynotthebio-lizard7631
@totallynotthebio-lizard7631 Ай бұрын
Oh look, another video using sources that fit one narrative and ignoring anything positive. How original…
@88gcllc
@88gcllc Ай бұрын
BRICS will issue a “commodities” backed CBDC supposedly. Whatever CBDC will be no different than fiat in its unlimited supply. Argentina after adopting BTC as legal tender will flourish just like El Salvador. So much potential, will they have the key ingredient: political will
@Dedric-qy6wz
@Dedric-qy6wz Ай бұрын
Ummmm hello brics consists of the world top producing countries, that we will have no access to and will not sustain neither will Argentina or Europe.....lol Bitcoin is you serious........raw materials oil precious metals Cheap goods . How will we sustain without china Saudi Arabia India and most importantly Africa....... everyone we villify and call enemies. Well good luck in the future.
@outsiderfrancis5979
@outsiderfrancis5979 Ай бұрын
This is proof that politicians don't make decisions in the best interest of their citizens.
@MellowInk-pz3sm
@MellowInk-pz3sm Ай бұрын
The greatest think Argentina ever made was Maradona and Messi after that argentina is done
@youknowkbbaby
@youknowkbbaby Ай бұрын
Doesn't Messi support Meli?
@charleshinton8565
@charleshinton8565 Ай бұрын
The thing is that the richest markets are in the west. China is mired in deep recession. Look at property and the Shanghai index. Than add that Argentina will sell to Brics if Brics want to buy. That will depend on price. What good is Arabia and Iran if Argentina starts exporting large amounts of oil and lithium salts. Arabia and iRAn will not be buying them.
@pranavgandhar4604
@pranavgandhar4604 29 күн бұрын
India , China have seen bad days , very bad per capita income in last century but no one scrapped their own currency and use foreign currency Us has made Argentina as vassal state
@glynemartin
@glynemartin Ай бұрын
When your comments on economic alliance don't age well...
@JM-qi9vw
@JM-qi9vw Ай бұрын
🤣🤣🤣 I couldn't be more happier for Argentina, stupidity have consequences.
@tlflora
@tlflora Ай бұрын
they will make it and will get out of the shit and BLOOM
@andikaverdian9664
@andikaverdian9664 Ай бұрын
Not comunist country that took falkland...
@zatoichison6420
@zatoichison6420 Ай бұрын
Millet can beg the Americans for help.
@jfbaro2
@jfbaro2 Ай бұрын
GDP fell by 5.1% in the last 12 months. God bless the Argentinian people! The poor are already starving
@Hocksan3333
@Hocksan3333 Ай бұрын
A beggar is not a choser! Argetina is far better off correcting its folly and concentrate on nation adjustments of its survival. Politics aside.
@raaadu
@raaadu Ай бұрын
mega inflation is not new for Argentina
@Great_Seboko
@Great_Seboko Ай бұрын
serves them right
@carstenofthemathieufamily1990
@carstenofthemathieufamily1990 Ай бұрын
They align closer with countries that commit Genocide ,, makes sense and they pay the price..
@tupperlake100
@tupperlake100 Ай бұрын
If Argentina wants to join BRICS they will now have to stand at the end of a long line. bri
@ahmedkaram5946
@ahmedkaram5946 Ай бұрын
What France doing for Africa and still taken
@lbenegas
@lbenegas Ай бұрын
Inflation has nothing to do with joining (or not) brics. Inflation is strictly related to money printing. Previous government printed money like crazy, and left power with inflation trending 7000%. Now new goverment is doing damage control, and managed to reduce to 200%. Inflation is steadily trending down. That the objective data. Have a great day.
@raymondsepheu581
@raymondsepheu581 Ай бұрын
The crazy thing is that Argentinians seem to be happy about this president. They don't seem to understand economics very well.
@V34035
@V34035 Ай бұрын
Because their economy is doing far better than ever before.
@albertorodas6479
@albertorodas6479 Ай бұрын
The problem is that Milei won't last too Long, he will be ousted soon.
@johnsichounidis7881
@johnsichounidis7881 Ай бұрын
That's capitalist system for you,bad government,bad inflation,
@savec27p18
@savec27p18 Ай бұрын
This video is total stupidity, and inflation in Argentina is going down, in fact the first week with 0% inflation in more than 20 years was reported.
@pedrothewise2584
@pedrothewise2584 Ай бұрын
dont do usas bidding.
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