How extremist Javier Milei became Argentina's president: A story of debt, crisis, and empire from Geopolitical Economy Report

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Ben Norton

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How extremist Javier Milei became Argentina's president: A story of debt, crisis, and empire

54 minutes Posted Nov 21, 2023 at 8:08 am.

Meet Javier Milei

History of debt traps

Sergio Massa and Peronists

Economist Ha-joon Chang on dollarization

Cut ties with China and Brazil?

Far-right "libertarianism"

Inflation, IMF, and foreign debt

Alberto Fernández surrenders to IMF

Investocracy: Rule by foreign investors

Exports and imports

Dependency theory

Protectionism and kicking away the ladder

Past failed dollarization schemes

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Show notes

Extremist Javier Milei won Argentina's presidential election on a far-right platform, pledging to abolish most government ministries, abandon monetary sovereignty, and adopt the US dollar, while cutting ties with China and withdrawing from BRICS. Ben Norton explains how a history of debt and colonialism keeps the South American nation trapped in seemingly endless crisis.

VIDEO: https://youtube.com/watch?v=FN6hoIb-QqA

Check out our article "How Argentina has been trapped in neocolonial debt for 200 years: An economic history": https://geopoliticaleconomy.com/2022/12/18/argentina-neocolonial-debt-history

Our related video "Global debt is unpayable: How Wall Street traps poor countries, profiting rich ones": https://youtube.com/watch?v=WRkhWQ0sRn4

Judicial coup in Argentina: Corrupt judges conspire with media oligarchs to ban Cristina Kirchner from office: https://geopoliticaleconomy.com/2022/12/08/judicial-coup-argentina-cristina-kirchner

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