There are similarities between Milei and Trump, but it seems to me that the differences are important and to a significant extent beneficial to Argentina in the long run, just as Mr Trump's policies are harmful to the USA in the long run. Milei is overturning a century of actual government overreach in the form of Peronism, which, famously among economists, turned Argentina from a first world country into a developing country over half a century; Mr Trump is disrupting a fundamentally sound system. I do not support Trump or most of his policies, but bailing out Milei is, IMHO, kind of an accidental win ;-). Here is an article that compares and contrasts them: https://www.palabranahj.org/archive/milei-and-trump-romance-or-self-interest#:~:text=%E2%80%9CLike%20it%20or%20not%2C%20he,emergence%20and%20election%20in%202023.%E2%80%9D
This one is definitely hard to reconcile while U.S. farmers are struggling. It doesn’t fit the protectionist ideology. One could see it as a long-term strategic play — China has won over most of the continent of Africa with investments maybe we need to do something similar in South America — but I don’t believe that is what is happening here.
This one is very strange, because it is a willingness to bail out a foreign government with money that could used at home. Even if the goal is to undercut chinese trade with them china still is the biggest partner for the rest of south america it will be interesting to watch this play out.
Hard to view this as a bailout of a fellow strongman
There are similarities between Milei and Trump, but it seems to me that the differences are important and to a significant extent beneficial to Argentina in the long run, just as Mr Trump's policies are harmful to the USA in the long run. Milei is overturning a century of actual government overreach in the form of Peronism, which, famously among economists, turned Argentina from a first world country into a developing country over half a century; Mr Trump is disrupting a fundamentally sound system. I do not support Trump or most of his policies, but bailing out Milei is, IMHO, kind of an accidental win ;-). Here is an article that compares and contrasts them: https://www.palabranahj.org/archive/milei-and-trump-romance-or-self-interest#:~:text=%E2%80%9CLike%20it%20or%20not%2C%20he,emergence%20and%20election%20in%202023.%E2%80%9D
This one is definitely hard to reconcile while U.S. farmers are struggling. It doesn’t fit the protectionist ideology. One could see it as a long-term strategic play — China has won over most of the continent of Africa with investments maybe we need to do something similar in South America — but I don’t believe that is what is happening here.
This one is very strange, because it is a willingness to bail out a foreign government with money that could used at home. Even if the goal is to undercut chinese trade with them china still is the biggest partner for the rest of south america it will be interesting to watch this play out.