government Argentina drank this Monday under the rain of votes from the far right javier mile In Simultaneous and Mandatory Open Primary Elections (PASO), the drug that could make the political situation more bitter. La Libertad Avanza won 30 percent of the vote, in a process that usually predicts the outcome of the election, after the Avanza candidate’s no party structure but only the support of the media and social networks. presidential electionTwo months later, the Central Bank had to devalue the peso, the national currency, by 18.3%. marginal dollar inflation, It jumped from 600 pesos per unit to 690 pesos per unit on reflex action last Friday. There’s no ceiling in the increase and it just boosts Milei’s October 22 chances. For Carlos Pagni, a shrewd analyst for the diary People, Each increase in the price of the US currency lowers the opportunities a little more. Sergio Massagubernatorial candidate peronist partyto turn the success of overcoming the setback at the ballot box into reality.
Massa carries a heavy backpack: he’s not just the official flag bearer of an unpopular government. He also serves as the Minister of the Interior. economy. decline weight In the heat of STEP, which dusts STEP’s illusions, is the most obvious since August 2019. Mauricio Macri After being re-elected president, he was unable to contain the depreciation and angrily attributed this to the triumph of market fear over the return of the markets. Kirchneristas at the ballot box. Four years later, Massa cannot make the same argument. If he had been in his parallel capacity as a negotiator with the International Monetary Fund, no one would have believed him. (IMF) have to double the adjustment and interest rates Up to 118% despite its recessive effect.
During these hours, Milei seems to be the world’s greatest referee. policy this oppressed country. When you look at the results, the difference you make Right from the traditional Patricia Bullrich as internal winner, one and a half points. Massa, meanwhile, was two and a half points behind him. Distribution of about three-thirds.
global phenomenon
The fake hair of the anarcho-capitalist candidate is just local color data. Milei is its counterpart in Argentina. donald trump, Jair Bolsonaro and greening the hardest right in Chile, Jose Antonio Caste. A shade that can spread to other Latin American countries as well. “For the good of Argentina, may the power of freedom win and corruptioninsecurity and mediocrity were defeated,” Pinochetista asked.
not for nothing Santiago Abascal, leader VOX, The gospel was also received from Madrid. “Congratulations Milei on your new electoral victory against the most radical left in Argentina!” In this case, the “radical left” is Massa, who is very moderate, and this qualification, endorsed by the winner of PASO, shows that the language of politics has depreciated at least as much as the party, according to some analysts. local currency. “A year ago it was a dream, then a goal and today a reality. It’s the perfect start for the real change Argentina needs,” added Abascal enthusiastically. did the same Eduardo Bolsonaro, The president’s son is too disabled to hold public office until 2030.
Reasons to win
Milei’s victory has been particularly the daughter of accumulated anger. Pandemicbut also an unprecedented discontinuity that shows another side of the coin disappointment. In 2019, it was 23.6%. Last Sunday, 31%. “There is no denying that it was a deliberate escape,” Pagni guesses.
Vote storm for election extreme right It poses a dilemma for Bullrich, the standard-bearer of the traditional conservative field. The Together for Change coalition led by former President Macri lost 2.5 million supporters compared to 2021 MPs. crisis it is also dragging the political space that is believed to benefit from all the collective anger. Milei stole votes from Macri’s heirs and the ruling party. Massa believes that under these new conditions it is now possible to intervene in the conflicts between the far right and the far right and enter the second turning point at the end of November.
For Martín Rodríguez, one of Argentina’s keenest observers today, neither Massa nor Bullrich is out of the race. However, they run into a downside: they fall from the “enlightened” state that benefits Milei. According to him, he “won the PASO for arming the workers’ PT. poor“: any kind of precarious without government protection or holidays, and also those who have an official job, but money It is not enough for them to make a living. Under these conditions, Milei “experiences the symbolic building of disarmament. peronism“, the one who preaches brilliantly Eva Peron“Every need has a right”.
an impractical program
way elections At the same time, negotiations with the IMF, which postponed the shipment of 7,500 million dollars until post-PASO, are being watched. According to Julián Guarino of the daily newspaper financial area“Christ” Milei, your chance to win economic wear. talk to Finance TimesThe La Libertad Avanza candidate said his plan would “exceed all targets” agreed with the organization if he wins in the elections, both in regulating social spending and in cuts. subsidies and the devaluation of the Argentine peso.
Its master plan is to dollarize a country with insufficient Central Bank reserves. Milei is considering doing this by creating a trust in the United States that could be backed by some national oil holdings. And he plans to do so from the very first minute of his final government. There are those who tremble, there are those who dream of that scenario. Minister Alberto Fernandez It drew attention with its absence in these STEPS. He speaks little because few people take him seriously. Despite the lack of audience, he did not fail to realize that what Milei was proposing could only be done on a foundational basis. oppression wild.