93. Newly elected President Javier Milei wants to end socialism and save Argentina from hyperinflation

  Welcome back to Milkshakes, Markets, Madness. Additional content, including a Monday “Peek at the Week”, Flash Market Updates, and fringe topic discussions on the “Madness Edition” series, are all available exclusively on the YouTube Channel. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page THE END OF SOCIALISM In a shocking vote for change the people of Argentina have elected the political outsider, Javier Milei, as their next President. Milei, with his coup sauvage hair, sideburn chops, and chainsaw wielding antics, has promised to slash government spending, dismantle the central bank, and end socialism in a country mired by decades of economic folly. Mainstream media, loyal to their institutional masters, have done their best to paint Milei as a buffoon, even in the face of his convincing victory. To get the real story, and a “boots-on-the-ground” perspective of life in Argentina, Brent Johnson and Jon Kutsmeda are joined by a special guest, the Bow Tied Mara. President Milei won the hearts of the voters, but can he now win the cooperation of his political adversaries still in government? Even if his foes become friends, the country will still need to feel more pain before meaningful change can happen. Unfortunately, with inflation in the triple-digits, Milei will be in a race against the clock as patience is in short supply along with U.S. Dollars. Can he restore the once great Argentina to its previous glory? Find out from Brent, Jon, and the Bow Tied Mara, in a special “Black Friday” release of the Milkshakes Markets Madness Show. https://youtu.be/BJKBHq6sGPs ————————————– FULL-LENGTH EPISODE 55 (November 24, 2023) ————————————– The full-length episode is a weekend release that dives deeper into the biggest themes from the prior week. Expect longer discussions and video playback times of over 30 minutes. *** More information about Milkshakes, Markets, Madness, and the hosts, can be found after the chapter timestamps below. *** ———————- THE END OF SOCIALISM Season 01, Episode 88 ———————- 00:00 – “Milei Afuera” intro 00:10 – Big News in Argentina 01:28 – Social Media benefits 03:36 – “Who is” the Bow Tied Mara 05:40 – “What is” a Bow Tied Mara 07:07 – The current mood in Argentina 11:35 – History of Peronism 15:05 – Navigating runaway inflation 22:15 – Dollars trusted more than Gold 25:44 – The Battleground Milei Starter Pack: https://www.bowtiedmara.io/p/the-milei-starter-pack? 37:07 – The hard road ahead for Milei Divided We Fall: https://youtu.be/yWBzD3Y_3nU 43:17 – Unifying exchange rates