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Argentina’s Peso Collapses: Is Milei in Trouble?
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While Milei's economic reforms have yielded some positive impacts, the value of the Peso is collapsing, undermining his plans to unify Argentina’s currency. So in this video, we'll explain what's happened and what this means for Milei politically.
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
While Milei's economic reforms have yielded some positive impacts, the value of the Peso is collapsing, undermining his plans to unify Argentina’s currency. So in this video, we'll explain what's happened and what this means for Milei politically.
🎞 TikTok: www.tiktok.com/@tldrnews
🗣 Discord: tldrnews.co.uk/discord
💡 Got a Topic Suggestion? - forms.gle/mahEFmsW1yGTNEYXA
Support TLDR on Patreon: www.patreon.com/tldrnews
Donate by PayPal: tldrnews.co.uk/funding
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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From my first hand experience, it happens once they get into university. Theyre probably getting politically groomed, i wouldnt be surprised if its happening earlier in school at this point too. And then men being reactionairy toward that as this ideology seems to hate men with how it presents itself, plus social media is also making sure men and women are more divided
I have no problem if Indonesia become a superpower.. Because Indonesia is not like other superpowers like USA, China or Russia, Indonesia is not a world threat, also they have no nuclear weapon, thats why i support Indonesia become superpower
Pretty sure most of the GDP growth in the 90s was just from the removal of sanctions and accompanying increases in international investment, rather than having much to do with the ANC's policies specifically, although they probably did improve the basic standard of living for the black population in particular.
Milei is just another clown who chose to lick balls
he's doing more than the previous Argentina's goverments ever did
I am starting to be allergic to your cluckbait titles and thumbs. You started as unbiased neutral news summary of what is happening. But lately you are more and more turning into classical dead media. Using the same playbooks. And you are not as neutral as you think you are. The bias is perhaps more subtle but visible what your preferences are.
I think it will be better if they dollarize.
This video unfortunately has a central unstated assumption, which is: Democracy is always optimal and inherently a good thing. I'm sorry but you failed to show why that it is the case for even one nation let alone every single nation observed (but of course you assume democracy is always good everywhere and always because it is just a universal good). Give me a break. The political analysis here is obviously limited by your own biases.
Why are American armies everywhere?
I am korean and can confirm korean culture is hell. want to go to korea for travel? great, it's a nice country to travel to. want to live in korea? don't even think about it. unless you're rich of course
Give Miley a few years! Miley will fix it and inflantion will not longer appear
Even USA which arguably the most advance military doesn't have their military as political force.
India cringe
Why are we not talking about the potential of the DA party to bring possible change?
They should not. We don’t want another isreal Palestine problem
Nah
your data is accurate, your title is biaised. No new money being printed means no fuel for a higher unofficial USD exchange rate, as opposed to what happened in the past
It's worth mentioning that the song Milei was singing is Panic Show by La Renga, a song about a lion who devours politiicans.
Galway. My goodness. I don’t think there was a single Irish person in any of the City Centre pubs/restaurants.
"And why he's still surprisingly popular" mmmmmmmmmmmmmmm la única manera de medir eso va a ser en las elecciones de medio término.
Sejmiki w Rzeczypospolitej be like
China is worst people products fake culture duplicate calture
i will choose milei the honest dictator than the comedian Ukrainian president 😂
But Milei loves Zelensky (and Israel for that matter)...you've got your reactionary ideas messed up buddy.
lol as soon as I saw him looking like an idiot with that chainsaw i knew this would happen
what the hell is goin' on in taiwan? do they just hate eachothers guts over there?
the chilean chicago boys from whom milei is just a ripoff had also a certain success in paper especially controlling the inflation. but their experiment ended so badly that even a cold bastard like pinochet decided it was enough. the problem with economists in politics is that people generally don't appreciate being treated as red numbers.
It's Erdogan.🤣
Why do gays support Palestine? I'm gay and I'll answer, btw I don't support Palestine but the reason many of the others do is because they see a "Big guy" and a "little guy" the "Big Guy" is of course Israel, and "Little guy" is Palestine, but they can't seem to see the problem with "The little guy" and how said little guy gets along with people who are different from him, and that should be addressed as well. Cause the little guy is quite toxic and not to mention dangerous
Oh! Well! Looks like the Argentina president knows all the theories about how to drill a water well. However Argentina, doesn’t have a chance to drill one, and has to buy water forever.
Remember Argentinian peso was parity to the US dollar in the early 2000s and now is close to 900 pesos/dollar! And they say Japanese yen is collapsing (which went from around 100 yen/dollar to 155 in the same period. BTW it used to be 360 in the 1970s.)
this is what happens when you rely on the U.S. dollar good job dictator.Seriously he destroyed Argentina with him being a pro u.s. politician as an American I do not like this guy as someone who studies the imperial western powers I can tell you this country is really b'ad fas'cist country
It kind of makes sense, if it makes it less attractive to hold pesos, then Argentinas will eventually use them and start to switch to the dollar as there is no alternative. But if there is another substitution possible, say bottle caps, then people will prefer to use those instead of the increasingly highly valuable Dollars that will become treasured. Milei is a psychopathic madman, but saner people have tried to fix Argentina's economy and failed.
Milei is the best thing that has happened to Argentina in the last 40 years. Dont take the opinion or make your own living more than 6000km away. Its organizing and filling holes. He has more than 53% of the people by his side. Greetings from Argentina and Viva la libertad carajo
Alberto Fernández reached 80% of approval rating during his first year as a president, and his whole goverment was a massive disaster for the country...at the end of the day, ratings mean nothing.
53124
Chaotic elections? Really?
Milei probable should raise some taxes. Start with the high income workers in congress.
have any of you checked all foreign currencies against the dollar? narrative driven fools. all (or most) currencies are down against the dollar
genuinely can't believe this country had any relevant role in world politics in the 20th century
It's the result of Chinese/Russian/Iranian cyber soldiers hard work !
Lol that happens if you let crazies govern your country... Seriously would you buy even a used car from that guy? And he thinks he will sell us Argentina. Cute. You will realize that the Trumps and the Johnsons are the luxuries of very rich nations, who can endure even their idiocy. In a country like Argentina you should pick the most boring banker off the shelf, who has a ton of reference with the IMF and foreign banker groups, so if your currency does not hold up, at least his reputation do.
Firstly stop using wrong map of India I m going to report your channel
This guy reminds me of an 80s version of deigo marradona on coke
"Should we give our people reasonable working hours and a more loose profesional atmosphere at their work so they don't spend the entire day at work and then the entire night drinking with their boss?" .............Naaaaaah.
No dont worry Milei is not in trouble, we Argentinians know whats going on, wthe so called peso is moving free after many years of being played with and printing money and Milei is trying to fix it so please dont be too leftist it really isnt cool anymore
isis didnt have sharia also its not ionterpreted khawarij never get sharia right
by 2020 there inflation was running away to complete disaster a radical change was needed. Unavoidable hard times ahead for them but his plan is solid in the long run.
7:15 hol up. who brought a gadsden flag to an argentine rally?
I think it's awesome that millennials and gen Z just don't give a fck. We're out here living our best lives.
"Defecit"? Sloppy editing. D- 2:00
The only problem with this video is that Argentina's Peso hasn't collapsed has it. Otherwise, good effort.
The birth rate in North Korea is 1.8, which means South Korea could find ways of taking in more refugees from North Korea. This would increase its population and undermine the North Korean regime, which is a real threat to South Korea. Paying poor people in North Korea enough to come to South Korea might help solve their population problems in the short term while boosting their national security in the long term.
It is only a temporary stopgap measure. There is a problem in Korean society, so even if we increase immigration, the birth rate itself will not change.