Episode Details

#453 – Javier Milei: President of Argentina – Freedom, Economics, and Corruption
11/20/2024
Lex Fridman Podcast

Key Insights

Bullish:

  • 🟢 $ARGENTINA - President Milei plans to dramatically increase economic freedom in Argentina, potentially surpassing developed nations. This could lead to significant economic growth and investment opportunities.
    • Today, Argentina has institutions similar to those of Germany, France, Italy, and we obviously want this to continue. And let's say, we are going to surpass, no doubt, the levels of economic freedom that Ireland reached in its best moment. And not only that, we're going to exceed the levels of economic freedom of Australia, New Zealand, and Switzerland. We are undoubtedly going to be the freest country in the world.” - Javier (1:56:20)
    • We have reduced the fiscal pressure by 15 points to the Argentinians. We are restoring freedoms with a deep set of structural and regulatory reforms.” - Javier (1:00:03)
    • We have just carried out the largest structural reform in Argentine history. It is a structural reform that is 8 times larger than, which had been the largest structural reform in history.” - Javier (21:36)
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Bearish:

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