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00:00 Meet The New President of Argentina Javier Milei.
03:52 Moving to the Dollar NOT BRICs.
06:40 Make Argentina Great Again.
08:30 Argentina vs America.
11:05 Benefits to Argentina & America.
A Warning to America | Argentina's Newly Elected President.
✅Argentina's new President is a WARNING to America.
✅It's a warning to the economic policies that helped push America to the rough eocnomy it's in now.
✅It's a warning to "woke"
✅It's a warning to "socialism"
✅BUT, it's also a BOON for the Dollar.
✅Milei, a 53-year old former TV commentator, promises to move Argentina from the Argentinian Peso to the US Dollar.
✅This would give Argentina immediate more price stability, but will hurt their ability to pay their debts.
✅Inflation 143% in Argentina today.
✅40% under poverty line vs ~11% in America
✅46m popular vs 340m America
✅Real household income ~4.7k vs 73k
✅Trump calls on Milei to "Make Argentina Great Again."
This will be a great experiment for the strength of the USD. Don't be fooled though, eventually, all paper money FAILS.
#milei
#argentina
📝Disclaimer:
This video is not personalized financial advice for the viewer. Read the Offering Circular before investing in HouseHack.

This is a society infected by socialism. We will get rid of the Department of Labor, the department of Science and Technology the Ministry of Education also known as the Ministry of Indoctrination. The thievery of politics is over. What would you say if you were paid $1,000 and then 3 months later, it was only worth $800 3 months later, again, it was only worth $640 3 months after that, it was only worth $512 In other words, in just 9 months, you lost half of the value of your money, You'd probably be pretty pissed.

You might even elect someone like Javier Mle who's ready to change Argentina or As Trump says make Argentina great Again by joining the dollar. In this video, we're going to break down what just happened who just got elected in Argentina and what it means for the US dollar and Argentina Oh, and keep in in mind this is not just a warning to the United States regarding what this means for the United States dollar versus bricks a currency of Brazil Russia India China and South Africa but it's also a warning to those who promote the ideology that Mr Javier Malay is super anti. So in other words might be a bit a little bit of a warning shock to those on the left. Buckle up.

I Think the big problem in Argentina is a cultural problem. This is a society infected by socialism and what we need to achieve is to remove socialism from the people's minds. and the main promoters of these ideas are the politicians. I Suggest you take a look at what Garcilla statements were.

She is supposed to be one of the best. Do you know what they are against those politicians? They're against the Libertarians Because we Libertarians are the ones who dare to confront the politicians and tell them they are not the solution that they are the problem. These politicians are the sort of sociopaths who want to make us believe that we are mentally invaded and invalid in every sense because we cannot live without them. But in reality those who cannot live without us are them.

In other words, if the country were divided between those who produce on one side and the other side, those ethic, politicians, syndicates, and a whole bunch of parasites would sink and die. Wow! Who just won the presidency in Argentina has implications for the United States Here is Javier Mle he is 53 years old. He just won by a vote of 55.8% to 44% Javier Malay has won today is November 19th He will be taking office December 10th for his inauguration. It is no surprise he won though, given that he ran against the Minister of the Economy.

And let me tell you a thing or two about the Minister of the economy. 40% of Argentina is below the poverty rate. There are 46 million people in Argentina that's about 15% larger than California, but the country is facing an inflation rate that makes their money worth less than it actually costs to print it less than 2/10 of one penny compared to the US dollar. So $1 less than 2/10 of one penny per Argentinian peso.

The economy has been nose diving and the country has over $40 billion in IMF debts that are going to have to be paid back soon. Although I have a feeling how Javier is going to take this. but first, before we get into some of the policies or some of the video clips of Jaier Mle, we need to ask ourselves, what does this mean for America Well, this is why we're making this video on this channel. Keep in mind I Also started a side channel.
It's called Meet Kevin Politics where we just do politics. but this is Broad because it has to do with the dollar. Why? Because Javier was the com the the candidate who suggested he is going to move Argentina's currency away from the Argentinian peso, kill the peso and move to the dollar. That's right, not to crypto, not to Brazil's currency Venezuela Uguay Paraguay Ecuador Mexico The European unions Chineses Yuan or the Chinese Yuan the Japanese Yen No, they chose the dollar.

Which makes sense because the dollar, after all, is the most powerful currency in the world. It is used as a peg. well, has been used as a peg. Uh, by China.

It is used as a reference for oil prices. It's traded the doll. Oil is traded in the dollar. That's why we call it the Petr dollar.

Uh. and even though that's useful, even if quite frankly oil wasn't traded in the Petro dollar, the dollar would still reign supreme. There is a lot of fear though, that the US dollar is going to get replaced by a currency created by bricks, which would be Brazil Russia India China and South Africa. Now it's really interesting to know about.

this is when you look at the globe global economy, you look at trade with the United States Brazil India and China trade significantly more with America than Russia does. but Russia is a big proponent of bricks. Russia and South Africa are the smallest Traders with America and I'm talking pre- Ukrainian Invasion since obviously we sanctioned them, so you might be thinking oh, but Kevin Come on, of course, we trade with them less Well, even before The Invasion, we traded with Russia to the tune of less than $30 billion. We traded last year with China to the tune of 756 billion India over $150 billion.

These are magnitudes greater than the trade that we have with Russia. So I find it very interesting that of the enemies between Russia and China, let's just call them enemies for the sake of currency enemies. For a moment here, uh, of these two, I find it very interesting that the United States is 100% fighting a proxy war against China weakening potentially one of the most vocal members of Bricks, while at the same time now a very trumpian candidate Javier Mele in Argentina wins promising to bring the dollar to Argentina to stabilize a 143% inflation rate. He promised us to slash government spending by over 15% of GDP and Donald Trump as soon as he was elected.

Posted on Truth Social, he said quote, you will turn your country around and truly make Argentina great again heavier mle has promised to Sledge or bring a chainsaw to government fending and one of the famous viral Clips that's circulating of him is actually right here. Take a look at this and I want you to tell me or just think about it because I'll give you my opinion. Which candidate in America does this remind you of Ministry of sports and tourism out Ministry of culture out Ministry of environment and sustainable development out Ministry of women, gender and diversity out Ministry of public works out even if you resist Ministry of Science and Technology out Ministry of Labor out Ministry of Education out indoctrination he says transport out Health out Social Development out the thievery of politics is over Long Live Damn. Liberty Wow.
I Honestly, hell yeah. like frankly, hell yeah really, this is like very vesque right? Look, I Viv has the idea of let's get rid of the Department of Education Let's get rid of uh, you know the FBI Let's slash the government size in half and there are a lot of Americans who are pro doing exactly that. There's no doubt the government can be run more efficiently, but the difference between a America and Argentina is very clear. We sit at well with the official numbers.

Okay, we don't need to go down the jaded tinf foil hat route. Okay, we could say their numbers are jaded too. Okay, so we'll remove that for a moment. Our numbers are around 4% For inflation, theirs are around 143% How many people live below the poverty level? How many below poverty level? Well, it's 40% of people people in Argentina are below the poverty level.

The United States 11.5% point is, you have vastly different economic outcomes and realities in Argentina versus America real median household income in the United States $73,000 per year in Argentina $43,000 That means we have 17 times the income now. Yes, are more expensive in America. But let's be clear, the standard of living is substantially worse in Argentina. But while it is interesting to see a aake style candidate take over in Argentina and we'll get a chance to see what they're able to do in Argentina starting December 10th.

it's worth remembering that the pain in America while it's bad, it's not as bad as what Argentina is experiencing. and that's probably why you're seeing more of an extreme leaning camp candidate. But again, many people are going to say you know what. That's exactly what America needs as well.

Now, a lot of folks look at this candidacy more so as a very Trumpian candidate and candidacy. They look at this and say what Mle ends up being able to accomplish will be a sample of what we might get under a Trump 2.0 Because both countries are dealing with an inflation problem, both countries are dealing with an economic problem. Of course, the extremes are very different. Now again, I Personally think that this is very fascinating and will be a great experiment for the strength of the US dollar.
Now I'm not here to shill the dollar over crypto or other. Alternatives I Think it's all broken anyway and all Fiat that has ever existed ends up going to zero. It always happens. America's just the most powerful country in the world, and it is the least bad out of all of these paper currencies.

Eventually, it'll probably die. Let's be clear about that now. Argentina Will get a few things by joining the Dollar By joining the dollar, they'll immediately get the American Paper Money level of trust whatever that level is, and they'll immediately get price stability to some extent. 2 to 4% beats 143% Now that means when you go, show up and you get paid paid 1,000 bucks for doing a certain job, it's not worth $900 30 days later because that's roughly what it feels like in Argentina right now, which is horrible.

Now remember 100 and 43% inflation means $1,000 is worth just $800 3 months later. $640 3 months after that, $512 3 months after that, and after another 3 months. In other words, after a year, you're only left with about $410 That's pathetic. You're better off buying iPads Or if you can afford them, better off buying used iPhones or bread, then you are buying or keeping the currency of your own country.

So moving to the dollar will we not only a great tool for Argentina Hopefully, in terms of creating stability, it will also come with a risk. And that's the risk that the country won't be able to print money anymore. That actually means the country is going to have to balance their budget, which is exactly what people would like America to do. but America has the power of the money printer.

Argentina no longer will. If they move currencies, they will lose the power of the money printer, but they will gain the trust of the American currency again to the extent that that's available. What that means is maybe you could have more stability in Argentina slowly rebuild and maybe at some point in the future as you fight to root out corruption, you could finally Bring Back Your own currency. So then you could print money again to incentivize growth.

Of course, the risk there is reintroducing inflation. now. It's also worth looking at some other Clips since obviously this figure is a Libertarian. He is very anti-left He is very anti-woke idealisms.

Here are just some clips of them just so you could see what: Madness are we living in The Madness of stupid political correctness. We're basically like saying oh, if you don't recite cool Socialism or if you're not woke then you're violent then you're a danger to democracy. Come on guys. We are going to go from being 40th ranked in GDP to the largest shanty town in the world.

We're going to be the largest shanty town in the world because of this stupid political correctness. Listen to this. Here's just a brief sample of him on another talk show. This individual, by the way used to be a talk show host himself.
He frequently would rant about the economy and honestly, he wasn't wrong. I'll speak it. I Think the big problem in Argentina is a cultural problem. This is a society infected by socialism and what we need to achieve is to remove socialism from people's minds.

And the main promoters of these ideas are the politicians. Do you know who the existing politicians are against? They're against Libertarians Like him because we are the Libertarians the ones who confront the politicians and say they're not the solution. They're the problem. The politicians are the sort of sociopaths who want to make us believe that we are mentally invaded and invalid in every sense because we cannot live without them.

But in reality those who cannot live without us are them. In other words, if the country were divided between those who produce on one side and on the other side the effing politicians, syndicates and a whole bunch of parasites, they would sink and die. Let's separate Argentina then into a north and south like a Civil War the politician rats are useless He goes on to say honestly, this is obviously very populist, but he's probably 100% right on. So I'm really enthusiastic to see what happens with this candidacy and now presidency in Argentina.

Obviously implementation matters, but this is actually a Big Boon for the US dollar if it works out because if Argentina can go from 143% inflation to stability by moving to the US dollar and Argentina can finally root out corruption and at least better the government and stabilize the economy, then the case will have been proven for supporting the US dollar. Now don't get me wrong, I Still think in the long run, the US dollar will have problems I Still think in the long run, you're better off having exposure to assets like ownership in companies, businesses, and real estate because I Personally am afraid of paper currency. But if you're worried about the dollar going away anytime soon, the actual opposite is happening right before our eyes. Why not advertise these things that you told us here? I Feel like nobody else knows about this? We'll We'll try a little advertising and see how it goes.

Congratulations man, you have done so much People love you people look up to you Kevin P there financial analyst and YouTuber meet Kevin Always great to get your take.

By Stock Chat

where the coffee is hot and so is the chat

31 thoughts on “A warning to america argentina’s newly elected president.”
  1. Avataaar/Circle Created with python_avatars Samuel Clark says:

    Kevin reading out the subtitles for the American gang. 😂

  2. Avataaar/Circle Created with python_avatars True Freedom - World Travel says:

    This new guy is awesome.

  3. Avataaar/Circle Created with python_avatars randal says:

    we really need to get socialism out of the minds of our country too. it is a mind virus that absolutely destroys the prosperity of any country it infects. i would say it it is weird to me that so many people havent learned the lessons of history, but the fact is we have millions of people that dont know practically anything at all about history

  4. Avataaar/Circle Created with python_avatars CHARLYACROPOL says:

    The debt with the IMF that you mentioned is external debt but the internal debt + the loans requested from China, etc. from Argentina is more than 400 billion dollars and was contracted by the socialist government that will govern us until December 10, all its officials are millionaires today and leave an inflation of 140% and more than 40% of the people below the poverty line.

  5. Avataaar/Circle Created with python_avatars Verbal On Life says:

    Trump | Vivek 2024

  6. Avataaar/Circle Created with python_avatars Thomas Downes says:

    But, is he really "Trumpian"? Please re-think.
    Trump talks like a reformer, but he is way too much of a lying narcissist to make much a (positive!) difference.

  7. Avataaar/Circle Created with python_avatars mike derasmo says:

    VIVA ARGENTINA !!

  8. Avataaar/Circle Created with python_avatars KORALYNE KORALYNE says:

    I love my president MILEI YESSSS ❤❤❤

  9. Avataaar/Circle Created with python_avatars Gabriel Andrada says:

    Milei plans is not to go from pesos to dollars specifically, people would freely choose what currency they decide to use but… Argentinians already buy dollars as a common task every month (if they can due to inflation and "cepo" a state restriction), because is more stable and we already have many, Argentina is the second country with the most dollars per person in the world. Also, we have 740% inflation in the last 4 years.
    We don't love America, or your politics, nether the dollars, we just want a stable economy to progress.

  10. Avataaar/Circle Created with python_avatars Andrew Alves says:

    Argentinian Ed Sheeran 😂

  11. Avataaar/Circle Created with python_avatars Lobo Thc says:

    Es mi primera vez que veo como reaccionan a mi Presidente en otros paises, TY ! La infllacion nos esta matando y los politicos no dejan de subirse los sueldos :/

  12. Avataaar/Circle Created with python_avatars Frédérick Pétrin says:

    i think argentina represent something like 75% of the IMF debt.

  13. Avataaar/Circle Created with python_avatars Frédérick Pétrin says:

    well peronism and kutchenerism was a slow snowballing inneficiency economy building. BUt that guy is a horrible solution

  14. Avataaar/Circle Created with python_avatars Frogger says:

    Americans time to wake up. If you continue to be extreme left and stupid, Chinese Communist Xi and Putin will rule you guys. You’re weakening your own country and your men to make your enemies strong.

  15. Avataaar/Circle Created with python_avatars Hola! Corpos Christy says:

    what would I say if money worth less and less ? bideneconomics !

  16. Avataaar/Circle Created with python_avatars Daniel J.S. says:

    I´m Argentine and we save in dollars if we can, because it´s annually less devalued than the peso. As far as I know Javier Milei talks about "a basket of currencies" to choose for the Argentine ppl and since the American dollar is very popular it will probably be the one to be chosen. Even though Javier didn´t convince me very much, I voted for him as I didn´t want Mr. Massa to win. I think Javier is more trustworthy. I will totally believe in the candidate who can succeed in lowering the inflation rate.

  17. Avataaar/Circle Created with python_avatars Daniel Arroyo says:

    Right on ! .I am from Argentina myself sir !

  18. Avataaar/Circle Created with python_avatars Winston Smiths says:

    Uh…he wants The Falkland Islands "back". Argentina NEVER had any physical claim or settling of the islands. He is quoting Ayn Rand, Atlas Shrugged.

  19. Avataaar/Circle Created with python_avatars Jeff says:

    I wonder how Bitcoin fares in Argentina…
    … or any country with rapid inflation.
    Its gotta be the halo asset right?

  20. Avataaar/Circle Created with python_avatars Jeff says:

    The man is not wrong.
    There is a revolution brewing worldwide… whether I like it or not.

  21. Avataaar/Circle Created with python_avatars dave8k9hohnjm davez says:

    Free Argentina Free the people. Sound money and liberty..oust the globalists

  22. Avataaar/Circle Created with python_avatars Esteban Quiroga says:

    Hi i'm from Argentina. I am over the moon because of the coherent, reasonable president that has won, but he is already being sabotaged by the ruling party and media. Its awful the way they systematically go against democracy

  23. Avataaar/Circle Created with python_avatars LA T says:

    Argentina has a very respectful quantity of oil and gas, which is now State Owned. Milei is gonna privatize those State Owned Companies, that’s why you see Wall Street went crazy after Milei won. As an example, Repsol was the owner of YPF (State Owned). Now Argentina found Vaca Muerta which is the 2nd largest shale of natural gas in the world, and also has the 4th biggest oil reserve in the world. So turning the official currency to a Dollar US is gonna be great for them.

  24. Avataaar/Circle Created with python_avatars Sandra Balseca says:

    In Ecuador we have dollars

  25. Avataaar/Circle Created with python_avatars ABC-bangkok says:

    good luck to Argentina ppl. Brace for incoming storms ahead

  26. Avataaar/Circle Created with python_avatars Supermoto_87 says:

    Milei îs there to clean house. Uncle Bobby is coming to do the same.

  27. Avataaar/Circle Created with python_avatars jorge velasquez says:

    Milei is the best thing happen to South America since Uribe Vélez

  28. Avataaar/Circle Created with python_avatars Alex Jones says:

    A warning shit we need a guy like this

  29. Avataaar/Circle Created with python_avatars Crime Unlimited says:

    You can tell Milei will be an amazing president, Right up there with Bukele and Trump.

  30. Avataaar/Circle Created with python_avatars Hola! ernesto huerta says:

    Rooting out corruption in my country is the most difficult factor. Milei will require a lot of support to fight the wave after wave of social movements that are already preparing to flood the streets as they did with Macri. We ll see but as one of his voters I m confident this man has the will to step to the challenge and the cleaverness to understand what alliances he needs to keep and what to purge from his government to help the people instead of the intermediaries that right now are stealing from the same mouths they say they are feeding.

  31. Avataaar/Circle Created with python_avatars KINGTAURO says:

    Lol ecuador currency is dollar since 2000

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