Milei: 'There is no alternative to shock treatment' | DW News

Argentina's new president has been sworn in, bringing in what he says is a 'new era' for the country. Javier Milei is a right-wing economist who campaigned on a promise of drastic spending cuts and limited. In his first comments as President, he said no government had inherited the country in such a bad state - and warned shock measures were necessary.

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[joziewales]

I love how media always identifies “right wing” but never identifies most other governments as “left wing”.

[wiseass]

I mean. He doesn't have the reserves for dollarization and the unions are already at him. I'm eager to see what stories will come from this.

[ArabicReja]

Milei said Argentina 🇦🇷 would not join the BRICS grouping, which includes China 🇨🇳 and Russia 🇷🇺.
- That's a wise choice, considering those countries are struggling badly

[Libertas]

Let’s see what he can get done with a slim majority in the legislature.

[vlarion]

Why do I feel an unfriendly tone from DW.

[dennisweidner]

Why is it right-wing to want to balance the budget? Calling Milei 'right-wing' tells you all you need to know about DW's objectivity and journalistic standards. Libertarian does not mean right-wing as anyone would know with the most basic education.

[concernedcitizens]

Argentina is now firmly on the US camp. BRICS, OIC, G77, Belt and Road Initiative as well as other group initiatives involving Russia, China, Iran and all of dictatorships for global de dollarization is suffering a massive setback.

[SteffiReitsch]

Lots of big talk from this guy. Let's see what happens . I'm skeptical.

[nitdapribula]

Such a beautiful country let flight Argentina. Make your country great again!

[lastChang]

*Milei and Messi* are the best things Argentina 🇦🇷 has ever produced.
The best thing China 🇨🇳 has ever offered is Covid-19.

[rachelkristine]

This will end in disaster. And aint nobody gonna cry for u this time either, Argentina! 😂

[Svaha]

Ah yes. Austerity. An economic policy with a stellar track record in so many places, such as

[Ddsggcfg]

He can try a lot. Democracy is sometimes that simple.😂
If he doesn't do well, he can always blame his ex or foreign.

[mattbowdenuh]

It'll be another interesting experiment to watch. Will it work? Honestly, nobody knows. I've got an economics degree and I don't have the slightest clue. Everyone knows Argentina is just classified by itself when it comes to economics. The only way to explain anything about what Argentina does is just to say, "It's Argentina."

[martytube]

Something needs done the 20 years of basically socialist rule hasn't worked but thats where the problem is a third of the workforce is basically employed by the government and most things are subsidized so there's no wonder why they need to keep printing and borrowing money!

[GenghisVern]

How is it that so many can be convinced to hate federal government.

[BrandyHeng]

"You are what you do, not what you say you'll do"
Another comedian becomes President 🤡

[jkardez]

The prophet with his bitter medicine- how long will the people tolerate another round of austerity measures .

[VLC]

I think it’ll take more than a few years. Try a decade or maybe longer.

[osvaldodoron]

lol...a right wing economist ? Since when common sense like stop printing money, stop stealing our savings, and liberty is right wing?