Argentina’s Milei is taking a victory lap for ‘reducing’ inflation from 289.4% in April to 193% for the end of the year. The cost is rarely discussed: 53% poverty rate. Food insecurity. Increase in diseases from malnutrition. Closed soup kitchens and access to food. Labor participation rate is only 48% skewing unemployment. Inflation in Argentina was primarily a result of printing money and building debt. Now Milei is asking the IMF for an additional $44 billion loan, building more debt…
Argentina’s IMF debt is the largest of any country at over $31 billion prior to the request of an additional $44 billion. According to the IMF, Argentina has made zero payments on its debt. For reference, the second largest holder of debt is Egypt at $8 billion. When Argentina defaulted on its debt in 2023, Qatar and China came to the rescue. Other private debt holders include BlackRock, Pimco, Fidelity, The Paris Club and JP Morgan.
Total outstanding debt for Argentina is $442 billion and expected to continue to rise. The two top investors in Argentina’s newly privatized businesses is China and the US. Selling off its resources to a barrage of countries (Netherlands, Spain, Brazil, Switzerland, UK, France, Uruguay, etc…) has left the country with little foot room. But leaves one understanding why a failed economy being made worse might be the point – for investors to gobble up whatever is left.
Milei claims to be an economist – “Since 2012, Milei leads the division of Economic Studies, Fundación Acordar, a think tank of national scope. According to its LinkedIn and Facebook accounts, Fundacion had 1.5 employees and closed in 2014. Milei is an advisor at the WEF. His first meeting after winning the ‘true and fair’ election was with Bill Clinton, John Kirby and Chriss Dodd. In 2019, he identified as a Marxist which was wiped from his bio. Milei is like a Lindsey Graham – he floats wherever he is told.
Unemployment. Roughly 64% of Argentina’s population is employable 15-65 years of age. The total population is 46.65 million. Employable persons would thus be measured as 29.86 million. Yet the number hailed as a great success for employment is 13.3 million which is claimed to be leave an unemployment rate of 6.7%. This is the same tactic utilized in the Biden Regime Players. Thus the true unemployment rate is over 50%.
Anarcho-Capitalist Libertarian: An anarch-capitalist believes that there should be no government. Rights and offenses would be litigated via private institutions acting in the capacity of government. While Milei claims to have 2 Masters, the timeline provided is somewhat OFF center. He claimed to be ‘senior economist at HSBC – but HSBC does not use the term Senior, it uses the term Chief. No mention of Milei. Despite no evidence Milei attended college or worked in a role as an Economist, he has self-described himself as an Anarcho-capitalist Libertarian.
The economic philosophy of anarcho capitalism was created by Murray Rothbard whose parents were Jewish Bolshevik communists. While his philosophy has never been put in practice, Argentina would appear to be a test ground albeit from a deep state premise of the World Economic Forum’s ideology.
A member of the Mount Pelerin Society, Rothbard seemed to venture into a multitude of directions on unsure footing, ultimately settling as a self- described atheist paleolibertarian. Mount Pelerin is ‘open society’. I would venture that Milei is more Pelerin than Mises – he supports Ukraine and Israel.
Theories over Milei’s name being a shortened version of Mileikovsky have abounded. Milei claims his paternal grandfather was a rabbi which is why he converted to Judaism shortly after the election, went to Israel and called for the Third Temple to be built. The Third Temple is a temple of ‘abominations’. It is not mentioned in the Christian Bible. Mileikowsky was Bibi Netanyahu’s birth name. Rabbi Nathan Mileikowsky was Bibi’s grandfather. When searching Rabbi Nathans ancestry.com – I was blocked – “ACCESS DENIED”.
The fact that the internet has scrubbed Milei prior to his election debut, the fact that he disguises himself with wigs and ostensibly a nose job, does not bode favorably.
Thus the assertion declares that Israel installed Milei.
I did read Rothbard’s bio before I wrote my article – but it wasn’t about him – he was simply a point – not a topic.
It is an important detail. The sentence I quoted could bbe misinterpreted by the uninitiated easily to mean that his anarcho-capitalism is somehow related to his parent’s communism, when in fact they are polar opposites. That’s my own little point. Maybe it’s picky, but Murray and anarcho-capitalism are a tight pair.
Helena, you said “The economic philosophy of anarcho capitalism was created by Murray Rothbard whose parents were Jewish Bolshevik communists.”
You should have added that Murray Rothbard, whatever his parents were, specifically started out as a hardline communist (or socialist) as you say his parents were, and that his conversion to libertarianism began when he challenged Ayn Rand and her colleagues to a debate.
Their condition for accepting the debate was that he read a couple of books by Ayn Rand. She was not any kind of anarcho-capitalist like Murray Rothbard became, but his journey to sane economics began at that time, as he has explained.
I was a PK but an Ivy League University education led me to communism and that was in the 1960s. But by the time the four years was ending, my thinking had changed. My case was a little different. Science led me to seeking knowledge about areas they call “ESP” -in my case, based on known science–, and it got ever more strange the more I looked that “scientists” were not looking into this more. That is to say, there was scarce literature on the subject other than “science fiction” and “fantasy”.
The only thing I could find were scant mentions (and one book) about the studies at Stanford at the time. But I finally remembered my Dad’s sermons from childhood about prophecies that had come to pass. Contrary to Isaac Asimov’s caricature about them, they were very specific. I could list hundreds of examples of specificity, including over three hundred pointing to Jesus Christ, among them the year of his crucifixion. Not now, not here. Some of them are among my blog posts.
Back to Rothbard though. Ayn Rand was a professed atheist and I believe rejected the “libertarian” label, and can be described as “minarchist” (minimal government), but that was Rothbard’s springboard, so to speak, to his later volumes explaining anarcho-capitalist thought. He himself was a student of Ludwig von Mises, and was inspiration for the Mises Institute.
Jewish descended he was, but no Orthodox Jew. Hans Hermann Hoppe is no atheist but was a student of his.
“Man, Economy, and the State” is one of the topmost recommended books from the Mises Institute at mises.org. It explains economics, and exposes Keynesian economics as fallacious.
–Alan Cassidy
at http://www.trutherator.wordpress.com
A very poorly argued criticism and a misrepresentation of Rothbard
I wasn’t writing about Rothbard – except to say he is considered the first anarcho-Libertarian. But I can see you are angry at everyone and everything so you want to start a gripe session for your own appeasement. Next time you could ask me to write about Rothbard like a good little boy.
Argentinians are doomed.
…. again..
Yes just a few years ago Milei identified as marxist. Of late he has positioned himself as a champion of the WEF’s destructive capitalism. A demand from the various world economic orders will soon demad Milei’s next iteration to requalify for the next financial lifelines. This is the time I suspect he will revert to his marxist roots, nationalize every thing, and drawing on his distorted version of Judaism, declare a year of jubilee to jettison national & citizenry debt. Milei has no other pathway forward to retaining power. After the forced national bankruptcy, he’ll be clear to restart the economic game, retain power and prove himself a true champion of destructive capitalism. I’m just thinking out loud is all…
Thank you Helena for this very informative article. I will link to it on my site. Obviously Milei is enjoying the approval of the Zionist wing of the Illuminati. You have exposed the reality.
People like ypou are more than replacing the MSM, which has become a joke.
Henry Makow
…..very apt title..is there any mess without Jewish roots????