2023-12-14 08:30:00
Metamorphosis: process that Javier Milei has been involved in since he took charge of the government. In just 72 hours, new relationships, identity changes, deliberate omissions, adaptation to the obligatory Procrustean bed that the Presidency demands. A torture, apart from the pleasure of living with royalty. It happens that he must invest people who attacked him or preside over a cabinet without any member adhering to his liberal libertarian affiliation, more obedient than sect brothers.
In this presidential transformation he also goes through his own abandonment to emblems of professional life, such as dollarization, lower taxes, the end of statism or the eviction of the Central Bank. To name a few. It is not a betrayal of his principles since his new activity, politics, disbelieves in that term., and the exercise of power demands other conditions that he lacked as an amateur. Nothing new. It happens to everyone when governments are inaugurated, even those who believe they are different.
But that forced cross-dressing He still did not reach another basic point that he carried in his backpack: the reduction of public spending. After the latest economic and financial announcements, that priority seems to be preserved in Milei, the same one that always accompanied him and made him famous with slogans such as “outside” for gnocchi or “the end of the caste” for political sinecures.
Another story begins
The wind for now favors his ship: the markets, ephemeral, supported a core of disorderly measures launched by the minister Luis Caputo after recording his message twice: the failure of the first attempt was attributed to a technical failure, others are already charging him with corrections from the president’s sister, supported by the chief communicator Santiago Caputo.
True or not, Karina has already stopped more than one minister with superior claims —Milei himself had to intervene to put out the fire of an argument—and it transcended the blockade imposed on Vice President Villarruel for advancing on unassigned land. Although he does not bite, he becomes the fifth English mastiff to protect the president: he should be tattooed on the presidential cane.
Difficult to know if she proceeded to lower the height of the head of the Interior, Guillermo Francos, who passed on to his colleague Caputo the task of dealing economically with the governors. They left the reduced minister Migrations and some other trinkets and, from time to time, to speak to journalism. Recommendation from Santiago, the other Caputo, who considers him an excellent communicator, just like Diana Mondinoalthough sometimes she goes overboard and mixes the price of vegetables with the link with China or the United States.
Al transvestite government, the Chancellor generates more contradictions: promised that there would not be political ambassadors and the list today is endless, put money or fame. Mondino, however, is recognized for his restraint: He limited Milei to his oral extremisms with governments he does not tolerate, from Brazil to Russia.
The new unknown is the designation of Silvestre Sivoria young lawyer, at the top of the Intelligence (AFI). Friend of some influencer, it seems that knows less than a journalist about such a sensitive topic which involves conflict situations with other countries. Perhaps he is a prudent official although, to avoid complications, he will no longer inform the President as his predecessors did: his stories and reports will be received exclusively by the Chief of Staff, Nicolas Posseanother privileged person at the top.
Welcome to Paradise
For him financial optimisma new carry-trade begins with the pesos of imprecise duration: there will always be support when how to earn money is guaranteed. It could be a repeat of those times Federico Sturzenegger and good dividends, today key in the proximity of Milei, always prone to the inflationary “flash” that has now been provoked with high risk, who dreamed of the disappearance of the bill as currency and thought of a peso that was increasingly stronger and more powerful than any another external asset.
Now you can think about the same if the noble goal of dry the peso square to infinity. Quite the opposite, obviously, of the initial dollarization purpose. Issues of economic life. Like the promised elimination of all subsidies, or ignorance of the announcement that does not contemplate public hearings, some laws and even the Supreme Court. We already saw that clumsiness with Aranguren.
Hay happy with the new package announced by Minister Caputo, superior in its underdevaluation to that carried out by Eduardo Duhalde at the beginning of his government. Beneficiary: the campo. Despite what the Massista head of the Rural Society thought, who feared the terrifying ghost Milei before the elections. Neither visionary nor enlightened. In one year, the sector surpassed inflation, it went from a dollar of 180 to another of 840, four times. Not bad, although the country litanies abounded as always. In addition, the end of withholdings was announced in the near future.
Contrary to these advantages of agriculture, the biggest roar will come from the industrial: now they import at 950 and will export at 650, the automotive companies with nervous syncope. Of course, recession is favored, an objective of Milei himself who predicted as a terrorist inflation plus recession (stagflation). A conjunction that, in addition, taxes the continuity of various sectors that may possibly be devastated —rightly so— for freedom from foreign competition. Namely: difficult to be in the shoes of footwear, a fate as unpleasant as that of the textile sector. There will be more registered in that line at the slaughterhouse.
They find each other excitedOn the other hand, those importers whose debt has just been consolidated without reviewing the papers of origin: the Central Bank will pay 350 dollars to those who bought pleasure planes or high-end automobiles. Caviar for opponents that they will begin to appear on TV and will surely register for the long march on December 20, when some observe that call as the first test that Milei will have on the street. The repetitive Argentina.
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