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[Pegasus Actual]

I mean these Steam prices are the same to me either way, who's ready to set sail with me and the boys on the Memeflower in search of some good ol' fashioned freedom?

 

[StreetsofBeige]

Quick recap about Argentina. I dont know anything about Argentina except Buenos Ares, Messi and soccer, I thought it was one of the countries in SA that was best well off. Hey, I just go by what I see. I know that years back Argentina had gone in default or something so stock markets around the world got shaky for a bit, but I didn't know it was this bad till you guys and this article recapped stuff.

MSN

 

[FloatingIslands]

I mean, they take away that human right that is health, like education... But does this pseudo president have his insurance paid for by the people of Argentina?

.

That country is in disaster.

Please,


Start at 16:40.

About the 2nd tweet: You don't know how elections work in Argentina. He won the election. His government starts on December 10th...Just a simple question: what date is today?

 

[YeulEmeralda]

Juan Peron wrecked it in the 40’s. He nationalized the central bank, railways, telecommunications, gas, electricity, fishing, air transport steel and insurance industries. He massively expanded the welfare state.

Argentina has never recovered from this, and is still under under his spell. That famous Afuera video of Milei looks to be him finally ending this tragic nonsense.

Ah yes the evil welfare state. Doesn't explain Northern Europe does it?

No Argentinans are just corrupt and incompetent. It's a cultural problem.

 

[Gudji]

For context, Argentina will be adopting the USD as its currency the new president announced. They're disbanding the central bank.

Wtf never heard of something like this happening.

 

[FearlessBelgian]

For context, Argentina will be adopting the USD as its currency the new president announced. They're disbanding the central bank.

It's the best way to lose sovereignty, and what's more, the Americans can attack and win against anyone who uses the dollar as a currency if those who do use it go against their interests... The Argentinians are screwed if they switch to the USD...

 

[Fabieter]

I wish the Argentinian people the best of luck solving the issues surrounding economics and the financial sector. It's a true rarity to see a libertarian having the chance to tackle this problem the libertarian way. In the short term, harsh times might be what Argentinians have to prepare for. Long term, this might be the way out of the misery Socialism has created over years.

There is so much that can fuck the economy in every way including outside influence but socialism isn't one of them. The best way to do things is so fuse socialism and capitalism.

 

[Guilty_AI]

It's the best way to lose sovereignty, and what's more, the Americans can attack and win against anyone who uses the dollar as a currency if those who do use it go against their interests... The Argentinians are screwed if they switch to the USD...

Argentines were already saving money in dollar and other foreign currencies, because peso is worth shit.

 

[FearlessBelgian]

Argentines were already saving money in dollar and other foreign currencies, because peso is worth shit.

So RIP to them.

 

[Guilty_AI]

So RIP to them.

Considering the alternative was using a currency that could lose 20% of its value overnight, i think it was the correct choice.

 

[deriks]

I have high hopes for Argentina

They use dollar as a secondary option since ever, still, paying taxes for it, and 100%? That's bullshit

As a brazilian, I want the new president to do good and put the overall market on the fair place. Latin America struggles too much with this, and we go to piracy basically because we can't afford a lot of stuff

 

[Scotty W]

Ah yes the evil welfare state. Doesn't explain Northern Europe does it?

No Argentinans are just corrupt and incompetent. It's a cultural problem.

A cultural problem that mysteriously came into being in the 40’s, and never went away? Please.

 

[Holammer]

Ah yes the evil welfare state. Doesn't explain Northern Europe does it?

No Argentinans are just corrupt and incompetent. It's a cultural problem.

Sweden gets touted as the glorious example of the welfare state and we privatized basically everything since the 80's. Railways, energy and telecommunications. The state used to be involved in everything, like steel, forestry, shipbuilding and alcohol production.
With the exception of Railways, most of it has been very successful. The Argentinian Peronists have to let go of the power & control and let private profit motivated go-getters do the work instead.

 

[Randall365]

Milei will just be like Bolsonaro, who didn't do shit except punch down on the vulnerable and make the country look like a joke.

Exactly this - expect him to start ranting about the Falklands within a week of taking over as well.

 

[Heimdall_Xtreme]

Please,


Start at 16:40.

About the 2nd tweet: You don't know how elections work in Argentina. He won the election. His government starts on December 10th...Just a simple question: what date is today?

When private companies wanted to do business in a big way, selling the idea that state companies were of no use, only a pretext to privatize profits and democratize losses. Privatization is that, a lie that criminals like this crazy man repeat

 

[STARSBarry]

Exactly this - expect him to start ranting about the Falklands within a week of taking over as well.

Too late...

Falkland Islands sovereignty not up for debate, UK warns after Argentina's new president vows to 'get them back'

Javier Milei, who was elected in Argentina's presidential election on Sunday, has said Buenos Aires had "non-negotiable" sovereignty over the Falklands, known as Islas Malvinas by Argentines.

news.sky.com

Standard British response of "your welcome to try, but we wouldn't advise it" still applys.

But yeah this move to USD is just going to completely screw over the weaker economy, this is just a more obvious and instant example of the many issues ahead of tying your currency to anouther market that you have limited control over. Sucks for the gamers over there, assuming piracy is about to take off over there big time.

 

[kazuyamishima]

My country El Salvador adopted USD back in 2001 as an “alternative” but the dollar just took over just 3 months after introducing it, I would say that things are bit better but nothing to brag about it.

Lets see how it goes for the Argentinians.

 

[Zathalus]

Anyone hoping that libertarianism will save your country are going to be in for a rude awakening.

 

[Guilty_AI]

Anyone hoping that libertarianism will save your country are going to be in for a rude awakening.

Perhaps, but still a better alternative to socialism

 

[Zathalus]

Perhaps, but still a better alternative to socialism

There are currently plenty of well functioning countries that utilize some form of socialism (not pure socialism of course, usually a form of democratic socialism) but none that rely heavily on libertarianism. Not even the USA is insane enough to do away with the department of education or health.

 

[Guilty_AI]

There are currently plenty of well functioning countries that utilize some form of socialism

Well, Argentina isn't one of them. And you're using "well functioning" very liberally here.

 

[Zathalus]

Well, Argentina isn't one of them. And you're using "well functioning" very liberally here.

I never said they were, they obviously have issues with corruption and other deep rooted systemic issues. As for well functioning I would say so most of western and northern Europe work quite well.

 

[winjer]

Perhaps, but still a better alternative to socialism

You are probably mistaking socialism with communism.
There are many countries, especially in Europe that have plenty of socialist measures for it's citizens. And that work very well.
Argentina overspends in it's social programs, but that's mostly because of nepotism and corruption.
They really need a reform of their social plans and economy. But throwing it all away for hyper liberalism, is not going to have good results. it's only going to make the rich even richer, and the poor much poorer.

A lot of people refer to how Argentina was a major economic power house in the beginning of the XX century, but they ignore that it was also a very unequal country. It had a society that was pretty much master and serfs.

 

[Guilty_AI]

You are probably mistaking socialism with communism.
There are many countries, especially in Europe that have plenty of socialist measures for it's citizens. And that work very well.
Argentina overspends in it's social programs, but that's mostly because of nepotism and corruption.
They really need a reform of their social plans and economy. But throwing it all away for hyper liberalism, is not going to have good results. it's only going to make the rich even richer, and the poor much poorer.

A lot of people refer to how Argentina was a major economic power house in the beginning of the XX century, but they ignore that it was also a very unequal country. It had a society that was pretty much master and serfs.

But keep in mind that no matter how much Milei wants the country to be ultra-liberal, he won't be able to do it with the opposition. He'll only be able to put into practice a few of his liberal ideas, perhaps after some scrutiny from multiple parties. And thats a good thing.

In fact, worst case scenario for Argentina right now isn't ultra-liberal dystopia. It'd be for the opposition to never relent on absolutely anything, heavily campaign against him, cause lots of conflict and divide in the process, and as a result never getting done in the next 4 years plus leave an even more turbulent political scenario by the end of his term.

 

[yankee666]

OP should be updated , because starting today taxes rise to 155% in Argentina

 

[Unknown?]

I mean, they take away that human right that is health, like education... But does this pseudo president have his insurance paid for by the people of Argentina?

.

That country is in disaster.

I don't see how he is taking away either of those, just replacing it. Sounds like fear mongering by tyrants that don't want to lose the power to oppress the population for their own gain.

 

[SlimeGooGoo]

.

 

[FloatingIslands]

Sweden gets touted as the glorious example of the welfare state and we privatized basically everything since the 80's. Railways, energy and telecommunications. The state used to be involved in everything, like steel, forestry, shipbuilding and alcohol production.
With the exception of Railways, most of it has been very successful. The Argentinian Peronists have to let go of the power & control and let private profit motivated go-getters do the work instead.

This.

 

[Heimdall_Xtreme]

Please,


Start at 16:40.

About the 2nd tweet: You don't know how elections work in Argentina. He won the election. His government starts on December 10th...Just a simple question: what date is today?

 

[FloatingIslands]

You know that inflation effects are visible after months of making the money printing, right?

If Milei wouldn't apply those measures. In a year inflation would be 15,000%

 

[Heimdall_Xtreme]

You know that inflation effects are visible after months of making the money printing, right?

If Milei wouldn't apply those measures. In a year inflation would be 15,000%

 

[simpatico]

Looks not far off from US prices. What's the problem?

 

[StreetsofBeige]

Can anyone translate some of these tweets? I see %'s so I assume those are inflation rates???

Heimdall, in one of your tweets linked there's a page with a guy who is circled. What does that front page say and what does that guy have to do with it?

 

[FloatingIslands]

Can anyone translate some of these tweets? I see %'s so I assume those are inflation rates???

Heimdall, in one of your tweets linked there's a page with a guy who is circled. What does that front page say and what does that guy have to do with it?

Heimdall tweet says:
"Javier Milei Zedillo is this close of removing 3 zeroes to argentinian peso.

The worst argentinian crisis is coming.

Milei government devalues argentinian coin by 50%.

..."

 

[FloatingIslands]

Please explain what would be a better measure.

 

[Heimdall_Xtreme]

Please explain what would be a better measure.

Let people inform themselves first, do not vote to punish someone... Do not fall into provocations... Learn more about the history and politics of the country.

There are many corrupt people and their accomplices are the media...

Especially journalism. Allowing the dollar to the country is another disaster.

 

[Guilty_AI]

Allowing the dollar to the country is another disaster.

Thats not an uncommon measure for south american countries though. Equador did it and mostly worked to stabilize the economy.

There are alternative measures too like using the dollar as a ballast, which i think might be his intention here. In Brazil we had the "Plano Real" which involved creating a "reference currency" which would match the dollar value for a time, before turning into its own "real" (or BRL) currency.

Also managed to break hyperinflation and still remains a pretty strong currency to this day.

 

[Heimdall_Xtreme]

He is so smart.

He is very right.

 

[Generic]

"800 pesos per dolar"

To be fair, it was 1000 pesos per dolar two months ago.

 

[Heimdall_Xtreme]

"800 pesos per dolar"

To be fair, it was 1000 pesos per dolar two months ago.

There are many Argentines who are arriving in Mexico.

 

[FloatingIslands]

Let people inform themselves first, do not vote to punish someone... Do not fall into provocations... Learn more about the history and politics of the country.

There are many corrupt people and their accomplices are the media...

Especially journalism. Allowing the dollar to the country is another disaster.

You should take your own advice then

 

[Heimdall_Xtreme]

You should take your own advice then

In fact, the president of Mexico lifted the country up a lot and opened people's eyes.

 

[Perrott]

These new measures he's applied ever since assuming the presidency on December 10th have been or will be greatly benefitial to Argentinian gamers overall.

The 50% devaluation to our currency is false, since the so-called Official Dollar never existed, you couldn't buy it or do anything with it. What gamers kinda looked at when making transactions in foreign currencies was the Tourist Dollar, which consisted of the Official Dollar price + 155% in taxes (fucking thieves).

But alongside Milei's measure of increasing the price of the Official Dollar in hopes that in the mid-term we'd get rid of all these different dollar types (Official, Blue, Tourist, Crypto, Stock...) and just have to use the Official one when talking USD, he also axed the previous 155% in taxes to purchases in foreign currencies down to a 60%, promised to go down again in the future as soon as the situation allows for it.

And what does this mean? That in digital storefronts with regional prices in ARS$ such as the Xbox Store or the eShop, it is nearly 50% cheaper to buy games due to the decrease in taxes.

 

[Guilty_AI]

He is so smart.

He is very right.

 

[Heimdall_Xtreme]

Let's let the country be free of choice.

Let's not get into conflict friends Gaf.

 

[Guilty_AI]

Let's let the country be free of choice.

Let's not get into conflict friends Gaf.

i refuse

 

[Heimdall_Xtreme]

i refuse

That was violent