MAGA!

November 21, 2023

by James Rickards Daily Reckoning

Make Argentina Great Again — MAGA!

Political outsider Javier Milei won Argentina’s presidential election last night, in a development that’s shocked the world.

Though his policy prescriptions are different than Trump’s in many respects, Milei is basically the Argentinian version of Donald Trump because of his anti-establishment, “drain the swamp” rhetoric.

You can liken Milei’s election to Trump’s 2016 election and Brexit. It’s a popular rejection of globalism and the neoliberal global order.

Perhaps not coincidentally, Argentina joined the BRICS nations in August, which will formally take effect in January.