Sunday, February 25, 2024

Javier Milei announced a drastic change in his inauguration as president of Argentina: “No money”

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“No money, no money!”: a crowd of Argentines chanted this Sunday the mantra of Javier Miley when greeting his arrival in the presidency. That thousands of people celebrate the loss of money while a very drastic change was announcednever seen before, and warned of the danger of hyperinflationn discusses the fundamental political changes experienced in Latin America’s third largest economy.

“Now a new era begins in Argentina, now we will end the long period of decay and decline, and we will start rebuilding the country“said the new president in an unprecedented speech from the steps of Congress, in which he sharply criticized the economic legacy of Kirchnerism after two decades of political rule in the country.


“There is a desire to change without going back, without going back, now we are burying decades of failureinternal fights and meaningless discussions,” added Milei, promising “growth, development, freedom and progress”.

The new president recalled that Argentina was the “beacon of the West” and the land where immigrants from all over the world arrived before “adopting the poor theories of collectivism.”

“Let me explain this: no government has received a worse legacy than what we received (…). There is no viable solution to avoid the onslaught of fiscal deficit. The solution means a fiscal adjustment of five points of GDP in the public sector nationally, that almost falls to the State, and not to the private sector!

True to his disruptive ways, Milei, 53, limited himself to swearing in before the Legislative Assembly and He did not give the usual speech in front of the deputies and senators. After asking lawmakers to remain in their seats, Milei and the new vice president, Victoria Villarruel, spoke to the steps of the Palace of Congress. His speech was followed in the front row, to Milei’s right, by King Philip VIone of the heads of state in Buenos Aires.

With His Sister And His Vice President.
With his sister and his vice president.LUIS ROBAYOAFP

The ultraliberal, who does not belong to Peronism or pan-radicalism, the two political families that have historically governed the country, arrived at the Congress building in a car that traveled the entire length of the emblematic Avenida de Mayo on a beautiful afternoon. spring in the southern hemisphere.

The inauguration ceremony shows a rare prominence of the former vice president Cristina Kirchner, dressed in deep red. After showing the middle finger to a supporter of Milei upon entering the Congress, he gave orders to the left and right to receive him as he arrived at the Legislative Palace and then, with his hands in his pockets, he moved non-stop on stage while the new president was sworn in.

My Son-In-Law
Milei smiles next to former vice president Cristina Fernndez de Kichner. ALEJANDRO PAGNIAFP

The two-time president met with the new tenant of Casa Rosada and did not stop looking at the outgoing president, Alberto Fernndez, when he came to greet him.

It was later discovered that something that caught Kirchner’s attention was silver handle of the presidential cane: there, at ease, there Conan’s numbers, the English mastiff of Milei who died in 2017, and the four cloned dogs that replaced her. By signing the minute bookMiele is a dedication: “Long live freedom, damn it”.

Former president Mauricio Macri, who between 2015 and 2019 marked an interregnum to 20 years of Kirchnerist hegemony, attended the ceremony with visible joy that can be seen on social networks: “Congratulations President Milei, I will not take the a comma from your speech ” Long live freedom, damtan!”

Milei’s coming to power means More than a time change, it is a paradigm shift. If for many decades the majority of Argentines have lived convinced that what is important begins and ends with the State (“today’s State”, one of the successful workers of Kirchnerism), the devastating victory of Milei in the election on November 19 reveals another Argentina. The word “freedom” became fashionable, shouted by many young people who would have experienced Cristina 10 or 20 years ago.

Milei continued a short conversation with the Ukrainian president Volodymyr Zelensky, for the first time in Latin America since the war with Russia began, before addressing the crowd. Later, at Casa Rosada, the two leaders gave each other a long and heartfelt hug and later held a bilateral meeting. The Ukrainian, who went to Buenos Aires to ask for support from Latin America, now has an unconditional ally in Argentina.

They also attended Hungarian prime minister, Viktor OrbánHE former Brazilian president Jair Bolsonaro, who reached the walk to Congress, and the heads of state of Armenia, Paraguay, Uruguay, Chile and Ecuador. It highlighted the absence of Luiz Incio Lula da Silva in the shortest and most confusing formal inauguration ceremony in the 40 years of the current democratic period.

True to his love for the economy, Milei talked about “consolidated liabilities” and “monetary policy” in too much technical talk, and added that the uncontrolled monetary emission during the government of Fernández “is not free” and could have brought the country “the Venezuela of Chávez and Maduro.” “The outgoing government left us with hyperinflation, and it is our duty to make every effort to avoid such a disaster, which will take the poverty of more than 90%.”

The closing of the large demonstration in front of the Congress showed the attendees collecting all the garbage that had been produced, a novel image, which the local media described as almost “Japanese.”

After proposing “a new social contract” in which the State does not “direct the lives of Argentines”, but ensures “their rights”, Milei addressed the “Argentine political class”, which he called “caste”. “during his campaign.

“We didn’t ask for a separate partner, but we will not allow it that hypocrisy, dishonesty or ambition for power hinders change chosen by us Argentines”.

“We know it’s difficult,” added the new president of Argentina, who this Monday will reactivate the process of joining the Organization for Economic Cooperation and Development (OECD) in which Macri developed and Fernández put in the freezer.

We do not seek or seek difficult decisions that should be taken in the coming weeks, but Unfortunately they leave us no choice.“Milei insisted, who said he had one more ally, in addition to his voters: he quoted a phrase from the Book of Maccabees, “victory in war does not depend on the number of soldiers , but of the forces that come from heaven. “.

World Nation News Desk
World Nation News Desk
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