PrairiePundit

  National Review: ‘Instead of talking about growth at Chinese rates, the world will soon be talking about growth at Argentine rates,” President Javier Milei of Argentina said in April. And here we are in July doing just that. Argentina’s economy is growing at 7.7 percent, according to the latest year-over-year data. It grew by 1.9 percent in April, the most recent month for which data are available. The Chinese economy is growing at a rate of about 5 percent per year (if you believe the official statistics, which there are good reasons to doubt). Argentina is achieving this growth not through a strategic industrial policy or a mercantilist trade policy. It’s achieving it by rolling back the overextended public sector, slashing the government budget, controlling the money supply, and removing price controls. Milei eliminated rent controls in Buenos Aires, and the apartment market was flooded with new properties and the average real price went down. He turned a budget deficit into a...

 Red State: Donald Trump might be receiving a lot of attention for being an anti-globalist force, and rightly so. He is the biggest whale in that ocean, but where Trump is an America-first powerhouse, Argentina's Javier Milei is an anti-globalist great white shark, chomping down on anything that resembles globalist control. Milei traveled to Davos in Switzerland as many global leaders did in order to deliver his address on the world stage, and as expected, when he got there, he didn't just let the globalists have it, he called them out for their evils. He even went so far as to challenge them to expose themselves for standing by as LGBT activists harmed our children. He started by effectively spiking the Western football, stating that just last year, he stood alone and represented a country that had effectively forced itself into irrelevance thanks to a socialist agenda. Today, he stands with other anti-globalist world leaders, including Hungary's Victor Orban, Italy's ...

Mario Nawfal @MarioNawfal  ECONOMISTS WHO PREDICTED MILEI'S 'DEVASTATION' NOW AWKWARDLY QUIET AS ARGENTINA REBOUNDS Turns out the "crazy" guy with a chainsaw knew what he was doing. After experts warned Milei would destroy Argentina, his 30% spending cuts and mass bureaucrat firings led to the first budget surplus since 2008. Even more shocking? His 50% approval rating suggests Argentinians prefer smaller government and 2.4% inflation over socialism's 118% interest rates. Who knew? Source: NY Post  Hopefully, the US will give this a try and stop the reckless spending spree that Biden was on.  Milei has done a good job for a guy who needs a haircut.

  Mario Nawfal @MarioNawfal Subscribe MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS  "The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past." Source: @JMilei @agarra_pala Quote Mario Nawfal @MarioNawfal · 11h This is a way to stop inflation.  The US should try it.

  Ben Averbook @benaverbook This is Javier Milei. He became president of Argentina and achieved what economists said was impossible. In a 2-hour interview with @lexfridman , he explains how he slashed 3,000+ regulations in 6 months. And why Elon & Vivek are taking notes: Javier Milei