Trump has bought Milei some time
Spectator (UK)5 days
Trump again is prioritizing personal relationships over U.S. taxpayers, now to prop up the failed libertarian experiment that has devastated Argentina and pushed over half the country's population into poverty. It's unacceptable that American families struggling with their own economic challenges will be forced to subsidize Trump's ideological ally who has proven incapable of managing his own country's finances.
Argentina represents a crucial strategic ally in countering Chinese influence across Latin America, particularly in lithium mining and Antarctic access through southern ports. Milei has achieved impressive fiscal consolidation and broad liberalization that lays the foundation for Argentina's historic return to prosperity. The extraordinary level of US political and financial backing demonstrates smart geopolitical positioning, as Argentina offers moral support for Washington's global initiatives while other regional partners have deepened ties with Beijing. This support package provides essential stability during a critical electoral period.
There's a 68% chance that Javier Milei will be reelected as president of Argentina before Jan. 1, 2028, according to the Metaculus prediction community.
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