The problem with Milei is that his measures amplified the problems, and that's the most visible thing for people, maybe it'll work out in a couple of years but right now people are much more poorer than before he came to power.
I am Argentinian. The previous government left with 211% inflation on the rise, negative reserves in the central bank, 42% poverty, and a fiscal deficit of 11% of GDP. Since Milei took office, we have achieved a fiscal surplus, inflation has changed its trend, and it is now slowing down every month, with the latest result being 2.7% in October. Private investment and credit have returned, and the central bank buys dollars every day. The documentary makes it seem like all the problems began with the new government. Decades of mismanagement cannot be fixed in just one year. There is still a long way to go, but we are on the right path.
@ The data can be obtained from official sources such as INDEC (National Institute of Statistics), BCRA (Central Bank of the Argentine Republic), or the Ministry of Economy. There are also private consulting firms and universities that validate the official data.
I totally agree, Milei had the guts and talent to do the job the former Governments had not Praise the Freedom Argentina people will soon go back to prosperity and with the help of our American government will make ARGENTINA GREAT AGAIN 👏
Good luck brother. Must be tough over there and good to have balanced comments without the hyperbole. Think the thing that scares most about your govt is this idea that privatisation is king. I would point anyone and everyone to the best example of what to do with your natural resources, the Norwegian Sovereign fund. Public/private partnerships give you the best of both worlds and you can make it work without selling the 'farm' so to speak. I'm Australian and we privatised our natural resources. Sure, we rake in tax revenue but next to the multi national profits, its potato money. I believe your guy is planning 30 year tax breaks for foreign investment in currently owned national assets. So when exactly do Argentinians get the benefit of that? I've no idea why politicians always believe they have all the answers. The Norwegians showed the world how to do it properly. Yet very few have copied that model.
The vision presented in the video is a little misleading, the state of decline in Argentina is not the product of a year of Milei's mandate, it is the product of decades and decades of corruption and state clientelism. On the contrary, his arrival in power has brought credibility in the executive branch and a clear economic vision to follow: a clear contrast to the classic political rhetoric that talks a lot without proposing and even worse without doing anything.
@@TheEsseboy Inflation takes about 2 years to unwind in a country the size of Argentina. It takes about the same to reduce it, it's incredible what he has achieved in 11 months, inflation is at 2.7% monthly from expected 15% or more. I think this is the right track, it's only a matter of time.
@@TheEsseboy You don't understand how economies of scale work. I recommend you play a video game like Factorio or Shapez to learn how any economy works on a very small scale. You might begin producing things you need but it takes several days for things to get moving along to start producing results and at scale. You'll see jams/backups/stalls in the production lines and have to focus an incredible amount of effort to smooth things out only for something to jam up elsewhere. A real world economy is about 100 to 1000 times slower than a video game, taking _many years to decades_ to see any impact from any given policy change.
@@mickstana Exactly. Because Poland wouldn't dare to expect ANY KIND OF help from the Soviet Union and the rest of the Warsaw Pact. Poland and the rest of the Socialist bloc were dirt poor. So maybe being part of the EU did make a great difference for Poland and other countries who joined. Isn't great when other countries are able to help another country? I don't think that isn't good.
Thank you for your comment, as it turns out, Poland got way better getting away from the left-leaning central planning model into an open economy free market kind. As usual all those supporting a model that is supposedly for the small guy, in fact they create an economic disaster with tons of inflation an poverty all around. That is exactly what happened in Argentina, a libertarian got elected for office because of the disaster the leftist left behind after ruling Argentina for 12 years!!!
"I can't believe the biased perspective of this documentary. While we understand that reality can be portrayed from different viewpoints, it is unacceptable to use fake news to convey a message. Here’s one hard fact for DW to consider regarding honest reporting: support for Milei has increased, particularly among the poor. Social benefits have risen but no longer go through intermediaries. The level of misinformation in this posting is unbelievable.
This opinion piece presents no empirical data or statistical evidence for any of the points of view shared. It also fails to compare and contrast Aregentina’s current economic and societal health with the previous 20 years. It was purely based on “he said, she said” rhetorics. The people’s opinion on the street should always be given ample space to be heard, but, in order for this video to be a truly objective piece of news, the producers should have presented even the most basic of economic indicators to paint an accurate picture of Argentina’s current trends (inflation, cost of living, average income, GDP, governement debt, etc)
Alberto Fernández, former president, is being investigated for irregularities in the contracting of insurance by public organizations during his government. Cristina Kirshner, former vice president and former president, has recently been charged as criminally responsible for fraudulent administration to the detriment of the public administration. Grabois, who you mentioned, is being investigated for misappropriation of resources from the Urban Social Integration Fund, which was supposed to build housing for the poor he claims to represent. And if you want to talk about social assistance being pulled, why dont you check how many of the people receiving checks and subsidies were actually real? How many lied about being pregnant, lied about being disabled, lied about being alive? Even jailed criminals were somehow getting government wellfare. As a country we Argentinians KNEW our politicians were corrupt, we KNEW the were stealing billions from us using the system the have been rigging up for the past decades. That's why the majority voted for Milei. I don't think he is entirely sane, but at least he is crazy enough to come to us with a plan and the honesty to go through with it. We'll take our chances with something different because what we've had in the past 12 to 20 years is WHAT GOT US HERE IN THE FIRST PLACE. Not Milei
Forgot to mention, what was the purpose of the ministry for women? I mean, even our former first lady, Fernandez's wife, was beaten by the former president while in office, and no one from the ministry helped her or followed up on it
You make this old man chuckle... So, you actually believe that the current set of thieves in power are going to be any less corrupt than the last ones? Youth has such hope. The truth is capitalism has only one real enemy, and that is an incorrupt democracy. I don't see that in the US now that the less than supreme court opened the gates to the mega rich to donate billions of dollars of dark money to "corporations" after making corporations have all the same rights as a person if you can believe that! For those that may be a bit confused, here is just a bit of information: "Then finally came "Citizens United", the Supreme Court's 5-4 First Amendment decision in 2010 that extended to corporations for the first time full rights, same as people to spend money as they wish in candidate elections - federal, state and local. The decision reversed a century of legal understanding, unleashed a flood of campaign cash and created a crescendo of controversy that continues to build today." Cancel Reply
11:15 that guy is being prosecuted for corruption and fraud! He grew up in the richest suburb of Buenos Aires into a wealthy family, but he puts up this act of being humble and representing the marginalized workers. He was put in charge of a Social Housing Program by the former government of Argentina, he was supposed to build hundreds of houses for low income families, yet after 4 years and millions of tax payer dollars being put into the program, he barely finished any homes. There’s also new videos every every week of him insulting and fighting with regular people in the streets, airport, restaurants, etc. He is a very violent man, just like former president Alberto Fernandez, who is being prosecuted for beating his wife (former First Lady of Argentina) while being pregnant! (He also forced her to get pregnant via IVF to improve the government's public image. And the irony is that he literally forced her to have an abortion some years before that (when abortion wasn’t even legal in Argentina).
@@igorfilipovic6531 Wikipedia is not trustworthy with this kind of info unless it's historical, since he is a living person that won't apply, heck the other day he was crying wolf by saying that Milei's government doesn't care that there was corruption (since some of the former politicians from the previous administration are being judged) and at the same moment he said that he knew there was corruption!
not an objective video. everyone knows that inflation in argentina was about 2% per day! so it is difficult to talk about a rapid improvement in life. for the video to become objective, at least real economic indicators and their change over the past 10 years are needed, so that it would be possible to judge the changes more realistically.
I think the big question here: Is it worth getting greater economic growth and lots of more investments and innovation into the country by foreign companies that are more incentivized by low taxes ? Is it worth it, when the price is large short term increase in poverty. Is it worth it, if the positive results are not sure and take a long time to get into fruition - I mean, more investment could drastically increase the living standards of people if it can provide more and better jobs for them.
@@istvanvarro458pero es que tú crees que las las cosas son de un día para otro investiga otros países con inflaciones similares y verás que no es de un día para otro
@@istvanvarro458 y si capo las empresas vienen por lo bajos impuestos, está bien ellos vienen a generar trabajo y mientras más empresas vengan será más competencia por lo tanto más empresas queriendo quedarse con los mejores trabajadores, lo que se traduce en una mejora de los salarios, y yo no sé de qué pobreza hablas si ya pobreza había tipo, si el consumo baja es por la alta inflación que había, por qué la gente apenas tenía un peso en la mano corría a gastarlo para que no pierda valor, es simplemente lógica 🙄🙄
Estos dw están hablando todo el dia de milei, mi hna vive en Alemania es un desastre de zurdos progres q veneran al Islam q dicho sea de paso es recontra retrogrado y machista, estan cavando su propia tumba con tal de permanecer en el poder. Cualquier comentario en contra te tildan de bigotes...
argentina's problems started w/ the Perons and the State grew bloated trying to do everything and anything for the people as the leaders rode on the wave of populism. When the largess was large the people reaped the benefits but they kept asking for more and more until the reserve was gone. Then the country spiraled downward in a never-ending series of runaway inflation and currency devaluations. Very sad for a country which seems to be blessed with plenty of natural resources and human capital. The leadership failed them.
that's what crazy socialists do. unfortunately, in Europe too. we are condemned to have bloating public systems which get ever more expensive and less efficient.
Study the socialist economic policies of the USSR and the damaged it caused. It took divisions and a lot of help to even give a solution to the problem, it took years and even a help from US to actually appease the damage to its own economy.
no es cierto, dicho por funcionarios de LLA y por el BID el programa que coordinaba Grabois funcionaba demasiado bien. Todo el año estuvieron haciendole una cama coordinado desde el gobierno y los medios oficialistas.
@@dgaydos Found no credible claim either. Apparently there is a tactic employed in Argentina where lawsuits are initiated to make someone suspicious. Something which exists in Spain as well. Milei grifters are just exploding all over this video.
@@dgaydosand you wont, cause still this days, most argentinian news are left winged, but it's common knowledge here that Grabois is part of a group designated by the late govs to be an "intermediate" between the gob and the poor people to buy food, water and all kind of resources that they might need. But somehow, part of the money given to him get "lost" in the proccess and he demanded more and more money everytime but it was never enough. In another case, he was given millions of pesos to build houses, in 5 yeas he's done less than 50 houses from the thousans he promised. He's accused of robbing from that money, invading private property and some lesser terrorism charges.
@@MrRealitybite yeah because all of the old policies that made them just barely middle class poor was taken away . When you start over it will get worse before it gets better . Something drastic had to happen .
@@asdk3090 Dropping the value of the peso 50% overnight have thrown a lot of people into poverty. It could have been done along some time, so people could have time to adapt and not be subject to famine.
@@LonglivetheSovietUnionyou know that Peron liked Mussolini, and Hitler and one quote from Mussolini was "Everything within the state, nothing outside the state, nothing against the state". ❤
@@josesolorzano1349 That is why the real opposition is not left vs right, but rather freedom vs central planning top-down big state. Both Germany and Italy in those years have way too many things in common with socialist politics, so much so that it is even within the name of the ruling party of the 3rd Reich...
@@josesolorzano1349 And as you rightly remind us, to me Peron bears an unmistakable sign of fascism, despite all those who try to make him look like some progressive politician.
Interviewing the owner of a luxury ice cream shop with dozens of franchises who's probably in the top 0.1%of argentines in terms of wealth... very representative
@@santilie There are more people eating at soup kitchens that people like the owner of Rapanui so I wouldn't say "the other extreme". Also, literally half the population now is below the poverty line
The worst about it is that some people still get their "knowledge" through this propaganda machine they are being fed with. Disgusting, and also a living proof on how Milei is absolutely right, to think Germans are coerced to pay taxes to fund this DW that then goes on to produce films against an ideology that would get rid of them.
and censorship, what leftists like the most is censorship, because they know they get trashed in a real debate, so they go for not letting the others be heard. It is no coincidence that they are all focused on going against "misinformation", providing they are the ones who decide which is the truth... You see the same strategy in every leftist authoritarian government around the world, be it Spain, Argentina, Cuba, you name it, they want to hijack the news so that only their skewed version of the truth, with all their editing, gets out there. That is why Elon Musk did us all a great favor by buying X, and I wished he could clean up google and youtube as well.
@@goloveuzbekistan I had it every day I was there. I have tried for years to find it, but I think it’s only sold there. Also you have a beautiful country!
This feels like propaganda. Not one piece of hard economic data presented and they spent the entire time talking about a man whom they didn't even interview. Strikes me as though they are pushing their message which seems an uneducated one. Fixing a wrecked economy isn't something that's done quickly or devoid of hardships. They didn't speak to the totality of his plan or where he is in the implementation of said plan either. This video is so biased and poorly presented that I don't think I can trust this channel anymore, unsubbed..
Yes, I am. While I support combating graft, corruption, overinflated government and regulation - I can't help but being worried about what politicians like Milei, Orban, Erdogan, Trump and the like say between the lines. They appear to rage against anything Socialism, yet they support the dumbing down of society, fanning fears against educated professionals, and then suddenly people think vaccines are a government conspiracy. Like the government is some alien force, not just your fellow citizens. Demagogues are not better than what they replace. The weirdest thing is that I only benefit from their policies, I am fairly wealthy, have really nothing to worry about. Yet the vast majority who votes for those politicians have absolutely nothing to gain from them. Because there will ever be only so many business owners and entrepreneurs. The rest is employed by them, at lowest cost, that is certainly not freedom. It must be some psychological string that resonates with them, rendering them blind to the real cost of those policies. Anyway, I for certain have not understood this phenomenon yet. What a weird world.
15:22 The problem is not to have an education , the problem is, to find a job in the field one has studied, if the person has not connection to land a great before going to the school, that person will end up with a diploma and work in a different field, or in most cases , all the money the government invested in that " free education" is to have a high educated unemployed person
I have a divided opinion on this matter. On one side I do believe that in a developed society the state ensures a number of public services so that an acceptable standard of living and a way into the social ladder is available to all. Specially with public education, which as the interviewee said, is the only way for many people that grew up poor to actually benefit from a liberal economic system, as otherwise they wouldn't be able to "compete", by no fault of their own. But on the other side, Argentina had to enact cuts. Increasing taxes to big businesses (which were already very high) wouldn't be the solution as it would only further strain the growth of what little productive companies remained in Argentina, further solidifying the country's economic stagnation. Argentina wanted to have the welfare system of a country like Spain, when it's not a rich or developed country at all, and it wasn't in any way on the path of getting there. All those services were financed with debt, and at some point either someone like Milei came in or there was going to be another default which would have forced the state to make cuts anyways because the country would have literally ran out of money. Sometimes there's simply not enough money, and Argentina was offering services that it simply does not have the money for. It would be amazing if Argentina could afford world class public services for all its citizens, but the grim reality is that it can't because it's poor, and now the only way out is through,.
The funny thing about public universities is that the great mayority of the students are middle class, the lower classes can't even dream to go to a universitie because the economy has been so broken for a long time now, that they don't even finish the basic education (13 years old to 18 years old) and need to go to work.
i BELIEVE THAT IN A HOUSE THAT HAD BEEN SERIOUSLY SHAKEN BY PERIODIC / REPETITIVE EARTHQUAKES, THE FIRST THING TO DO IS STRENGTHEN / REINFORCE FIRST ITS PILLARS AND FOUNDATIONS and THEN TAKE CARE OF THE INTERIOR OF THE HOUSE.⚒📐🪚🔩🛠 ♥🎁🎗
Cutting education money is probably the worst thing for a countries future. Goodbye social climb, goodbye tech development within country, doctors and nurses will only become more scarce.
Here in the States, education funding has never stopped growing at a rate much greater than inflation, while results are shameful. More money is not the solution.
@@mikelezcurra810 the US software is eating the entire world, the US has some of the best military tech(skunkworks, spaceX, raytheon, DARPA). The US has some of the best medical development, tech sector, education sector. If you think results are shameful it's because you're either a low skilled individual or you don't work with smart individuals who are truly pushing in their respective fields.
@@mikelezcurra810 Can you provide a source for that claim? All I can find is multiple articles and studies showing that the public spending in healthcare has decreased in relation to inflation, and that spending has only increased in the private sector. So basically: people are spending more on private healthcare exactly because the government has cut the idea of public spending. The ACA was a breather and has helped many people but if you don't have a job, you're fucked.
Thank you for providing absolutely no stats nor relevant numbers and just a handful of subjective opinions. Now we know how Argentina is after one year of President Milei.
4:10 "If there is no competition prices nor quality improve, (...) and Milei has this figured out. Also the good thing about Milei is that he is honest, I imagine him like a child, if you lie to him, he gets angry and like a child he screams. Milei gets angry and screams, he is very transparent, what he says he does." I think the translators are not truly honest with what the man says, nuances are lost and give a worse image of what is being said.
The old libertarian guy who says “I hope that companies will pay their employees higher wages when revenues increase”. When has that EVER happened. Look at the United States, they have companies that have made fantastic revenues over the last few years yet wages have gone where??? Not up. Those CEOs get bigger wages but not anybody else
Any American can invest in themselves and thrive. If you are so replaceable as to not write your own ticket, that's on YOU. Minimum wage jobs are entry level, for kids and those just entering workforce with nothing to offer other than showing up and making an honest effort. No society can consume more than they produce and government fake jobs, as most gov jobs are everywhere, only makes everyone less well off.
Eso pasaba antes en Argentina. Había trabajo y si te pagaban mal, buscabas alguien que te pagara mejor. Eso es el mercado de trabajo. Por algo hoy se vive mucho mejor que antes. Antes trabajabas de sol a sol y ahora de las 8 horas, la gente trabaja la mitad, la otra mira el teléfono.
Wage increases were huge until a couple of decades ago... why not since, there are probably many reasons, bigger and bigger spending by government probably being one, too much immigrants second, green energy, over regulation, deindustrialisation and cheap foreign labour, etc etc.. market in itself clearly provides better wages if companies are doing good, no doubt about that.. at the end of the day only ~1% of American workers work for min wage.. why is that??
If Milei's painful reforms don't get traction among the poor, I don't think they will give him another term which is a shame since from the looks of it, it will take at least a decade before things get better for Argentina. Essentially, he is racing against time.
Or not! The middle class and the poor people may be too malnourished to fight back, while Milei may use the system and support from an oligarchy to perpetuate themselves into power. Milei is already taking some authoritarian measures to take down protests. If he continue this route it may get uglier, and Argentinians may end up losing their democracy.
It feels like we are in the 20s again (1920s!) - economic downfall and inflation brings populists into power everywhere around the world. Have we not learned anything in 100 years?
The previous administration had a fiscal deficit of 15 points of GDP, which was financed with monetary issuance. Fiscal responsibility is the opposite of populism.
Short term pain for long term gain. It was never going to be easy but if people just hold on a little longer they can turn things into a model for less government for others to aspire to. God bless Argentina.
@meynardocustodio2477 It's messed up people loosing jobs.. LandTax, Co2 Tax has increased, No unity in government, High inflation, Salary have been slightly adjusted to inflation, but Companies cutting jobs.. So.. Germany needs person like Milei, Elon or Vivek.. There are but Germany is a socialist Nanny state..
Don't forget the part about how he smuggled his nation's gold reserves out of the country, and his latest AI precrime department .. REAL "Libertarian" there
So, I see rich guys camplaining that they're not rich enough, while 60% of the country is poor and growing in desperation. Education and media are being marginalized...and basic services are being eliminated. Well, good luck, you asked for this. BTW what other countries have used policies like Millei's approach & been successful?
Mexico tried neoliberal policies like his and guess what, they failed and miserably. The only one that gains from these policies are the rich and the US.
Europe is doing so well on so many fronts, like integration, growth, social mobility, taxation, energy policies, etc. that they keep on giving lessons to the rest of the world. I wonder how much more decline there needs to be for Europeans to acknowledge that their well-fare state social democracies are not heading in the right direction. But honestly once I am removed from here, I could not care less if they end up going down the drain.
I wonder if the chocolate candy guy pays his workers a living wage? He talks about how he wants to see Argentina get more businesses and investment but if people can't afford an education then who is going to invest in Argentina if the people are unskilled? It's not like the world needs more basket weavers lol.
Probably not. Here minimum wage is ridiculous and you can't afford a living with that money. Also, these people are against salary regulation so they can do whatever they want
I don’t really have much of an opinion on Milei, but I found it funny that they mentioned that inflation was finally down from its peak of 200%, but then seemed to blame him for the doubling of food prices last year
@@angelestorres6334 uhhh, let's go with blaming the people who brought inflation up to 211% before Milei was elected? That seems pretty f'ing easy, my dude. It's now lower than when he became president. If it keeps going lower, cool. If it goes back up, sure, blame him then
My worry is "hope" for a company to take care of it's employees and the people to make good choices to protect themselves. I live in Florida where we've seen unprecedented storms and the insurance companies don't want to cover the state anymore and our insurance rates have skyrocketed to astronomical amounts but there's nobody here to protect us from that when you can only get insurance from one company. I do believe in some regulations because this is what we run into and one day we may have nothing and I'll be poor and going to a church to eat. Insurance is just one instance and there's several like the electric companies and telecommunication companies that monopolize and hurt communities because of their greed.
I AGREE WITH YOU. I BELIEVE INSURANCE SYSTEM WAS FROM THE BRITISH. IN THE WORLD OF TODAY WHERE THERE ARE SO MANY COMPLICATED LAWS and REGULATIONS plus THE ADVENT OF THE DIGITAL SYSTEM. BEING SIMPLE, PRACTICAL, HARDWORKING and THRIFTY WILL GIVE YOU MORE PAYBACK IN YOUR RETIREMENT.
It's so crazy to showcase Argentina's problems like they have not been present for the past TWO DECADES or perhaps even more. You can't expect such a radical change to bring fruits in literally one year and the most impressive thing is... POSITIVE CHANGES ARE ALREADY HAPPENING. I believe no one was expecting such an improvement so quickly.
Before Milei came to power, inflation rate was 211.4%. Economy was in terrible shape for years. Abolishing Ministry for Women and reducing other goverment waste is a small price to pay. Does Germany have a Ministry for Women?
AGREE ! AT ONE POINT IN HISTORY IN THE 1980's THE INFLATION PEAKED TO A POINT THAT MONEY WAS ALMOST 1000 TO A DOLLAR THAT A NEW DENOMINATION HAS TO REPLACE THE PESO?
@@nilkonom Germany does not have a dedicated ministry for women. They have Ministry of Family Affairs, Senior Citizens, Women and Youth, according to wikipedia. In any case, I don't think Argentina needs it. None of the counries where I lived (Poland, USA) have it and somehow they are managing.
Lmao DW said multiple times "Yes this worker/citizen says they have been experiencing economic problems for YEARS" emphasis on the 'S' yet the DW still tries to spin it as Milei being the problem. Milei has been in office for a year and explicitly said during his campaign that things will get worse before they get better and that is just natural when your predecessors have spent an insane unworkable amount of money on useless sectors of government. Dont try to spin it as "he is making it worse" when this is literally the only way to fix it.
As a Turkish social democrat I gotta say. If the Country had been having inflation at 50% as a base and 200% was the situation at the time of election. I would have voted for Milei and probably would still be supporting him. Plus, if in time of goverment spending cuts your commodity prices are increasing to the point you can not longer continue production, doesnt that litteraly mean that you have been producing a prduct that actually shouldn't have been on the market, that you should have been giving your energy, time and resources to something else.
What an easy way to try to show that the current "state of decay" of Argentina belongs exclusively to Milei. As an emigrated argentinian, I can say, without any doubt, thats these problems come from many, many years ago. This is not something new. In fact, this situation (which is turning and moving forward for the better) was stoppped just in time, just before total decay. Please, if you are going to upload a video about "poverty in Argentina", do it starting in 1983. It will be more honest and not partial, just like this video.
This is such a European way to look at things. Social democracy in Europe works because there's enough pie to cut a piece for all citizens. But when the country is poor and there's no pie, how you gonna cut it? It's like what some people think Marie Antoinette said (she didn't). When she found out that poor people didn't have enough bread, she suggested they should eat cake instead. It's the same when it comes to Europeans preaching to everyone what they should do with their economies. Europe and its economy is not the result of its policies. It's quite the contrary. The policies are the result of the economy. If any country on earth wants to become just as powerful economically as Europe is right now it should not follow their current policies. They should follow the their policies when Europe was poor. Europe didn't rise as a dominant power as a social democracy. Welfare stated only started after 200 years of growth. Do I believe that every person should life a nice life without major struggles? I do. But you need to have something first to hand it out to poor.
@@dasstigma are we talking about the US or Argentina that is crippled by corruption and socialism? No institution can be trusted to do what is correct. You give food to the south kitchens, it turns out the food is sold and the south kitchen didnt exist. You give money to the communist leader to build hundreds of houses? He builds a dozen and pockets 200 million dollars. You give money to universities, they use it for leftist political activism and radicalization. You give money to the scientists, they use it for shit projects and progressive bullshit, not real science but idiotic projects like studying batmans anus. Wtf even is that? Then the world scientists and human rights watch starts crying and attacking you when you stop funding this waste of money.
Thank you for this documentary. I was born in the USA, but lived in Argentina from 1965, when I was a child, until 1976. I am in contact with many of my Argentine friends who were middle class and are now eating pasta to survive. They cannot afford meat and are just trying to survive. It breaks my heart, since I also consider Argentina my home country, also! I just hope that Milei will be able to turn around the economic situation in Argentina so that all Argentines can go back to living a normal life!
14:50 Wow, did she just unintentionally prove Mileis point? I mean, I’m no expert but “The basis for a fair class distribution etc etc”. sure sounds a lot like Marxism to me…
As someone who never been to Argentina or Brazil, I thought Argentina is beautiful country with great nature like Patagonia and less crime compare to Brasilia but somehow Brasil is doing better even with crime , favela , trash extra . It amazes me that Argentina can go so wrong for so long since Evita Peron times
Poverty didn't rise, it was measured correctly and the numbers showed higher. the previous values were hid and presumed higher so the 'increase' is not that significatn. By today numbers poverty is tarting to go down, slightly, moth by month. The prices of services went up (reduction of subsides, so the price was not realistic) but at the same time inflation went down drastically. The actual problem of our economy was the State, subsides and emission. He reduced the State, stopped emission and sacked thousands of political charges and with no power in the parlament he dropped an inflation from +200% to 25% in ONE YEAR
Trusting a large-scale business to invest profit gains not into one's pockets, off-shores, yachts or new means of production, but all-in to workers' salaries is a childish bs nonsense I've never come across yet
No. Keynesian economics and government money printing only favours the rich. Funny how you guys can always come up with millions of reasons for the cause of inequality but never mention money printing. Lack of economics education is the greatest threat to mankind.
People are judging this man already after only a year meanwhile hes the one picking up the can that been kicked down the street the last 75 years of neglect this man will turn Argentina into a powerhouse watch
The Argentinian coments in this video are what's missleading. A big chunk of our people are wanting to believe what it isn't and are holding on to the government narrative because they have big hopes that this won't be the same. What I really hope, is that I end up being EXTREMELY wrong and they are not. But my Historian background makes it difficult to clung to hopes and dreams. So far, everything seems to be going in the same old direction. I encourage the interested reader/viewer to re-analyse Argentina's situation by the end of Milei's mandate to ponder again wether this experience was what it was said to be, or it was an empty carcass. And also to not stop at what is said in public speeches but rather on what's actually done by the government in different areas, you'll find several contradictions.
Va a salir bien el "experimento" de Milei, sin inflación, con creditos hipotecarios, expansión económica, crecimiento del PBI y por ende reducción de la pobreza a niveles que Argentina no ve hace 30 años o más. Y encima de yapa el Peronismo y el Kirchnerismo van a estar totalmente sepultados.
"I think there's a lot of confidence that if there is a path towards normality, this is probably the only administration that could do it," said Thomas Haugaard, portfolio manager of EM debt at Janus Henderson.
This is all sad. Everyone thinks they have the answer. When you realize you are in the working poor and see no way out. This life’s reality will set in then you realize you brought children into this….
I never understood how privatizing health care and education will help any society... it will only help a specific set of individuals. The rest, indeed, i agree that the government role should only be as regulator to assure fairness through the society. The monarchies were a failed system as is our current world politics. We need to move and evolve.
If only he could tax everyone equally so that the rich and middle and poor especially the rich to tri the fat so true fiscal and financial austarity so that depth they created by excessive spending and splurging of money on stuffthat make budget of goverment in worse of.
Please show us more economical numbers to approve or disapprove Milei's policy. Otherwise, the video can distort to whichever way DW wants. Simple as that.
Yes, DW was looking hard for people who would defend Milei's government, and could only find those among the very rich Argentines. Therefore, about 60 percent of Argentina must be very very rich.
@@pablojlascano8322 the support rate is below 50% rate now and it is only so high because people have a very simplistic understanding of the economics and they don't know he is pushing them deeper into poverty
The "cuts" didn't happen. The budget hasn't been updated to today's inflation, but the thing is that we can't just update when you don't have money to do so. The educational unions rejected the increase offered by the government, on the argument that it wasn't enough
@@nilkonom That is true. They say its an argument to divert the conversation, but it is in the heart of the matter. Many uneversities have been using their budget for political campaigns, to buy favors, wash money, in the end, corruption. And none of them allow themselves to be audited
The tricky thing about Argentina is that most of these problems are a consequence of decades of economically irresponsible administrations. Normally I'd call this kind of harsh austerity stupid, but I don't see how Argentina had any other choice. Foreign investors weren't interested in Argentina. The currency was inflating rapidly and the national debt was getting way out of hand. At this point there were only bad solutions left, so Milei went the with disgustingly business friendly approach to attract foreign investors at any cost. And the is steep! Solid social programs are very nice, but only if you have the tax base to reliably fund them. Funding them with debt only delays the inevitable pain.
wait what is that about? everybody knows already Milei has saved Argentina, cut inflation to record low, turned trade deficit to record high proficit, got Argentinas credit rating hugely improved, and economic growth projections at really high numbers. You cannot wish for any better after what Argentina has faced last years and where it has been going. Fully support Milei.
Unlike what most commenters suggest this documentary provides a quite balanced review of 1 year of Milei. The only thing it underlights a little is how bad the state of affairs was before the took office
There´s no more stupid form of journalism than asking whether something is this or is that, as is everything is so simple and can be described with one word. Most of the times it can be both, or it can be neither of those. I know that thumbnails have to be brief, but simplifiying things become clickbait is something I don´t expect form DW. He is not a destroyer nor a savior, he is just another politician discovering it´s easier to be opposition and criticize than to effectively make good decisions.
This movie seems to want to present Argentina's problems as something that started with Milei, but they have been present for decades before him.
DW is somewhat of a leftie soo yeah I think you know where I am going with it
DW leftist😅😅😅😅😅 you must be Joking
Well media is media. Like here people act like the illegal problem just started 4 yrs ago. Its insane thats why we are in the problem we are in
The problem with Milei is that his measures amplified the problems, and that's the most visible thing for people, maybe it'll work out in a couple of years but right now people are much more poorer than before he came to power.
@@siriusman6169 ??? I see their videos, they are consistently left-wing
How did DW produce a 28 minute documentary without providing one single piece of hard economic data?
Exactly.. some reporter had a free vacation.
Just by playing the violin, as in the beginning of the documentary 😂
They are commies, and hard data is their worst enemy.
Beacuse these reporters are leftists and they twist the narrative when the government is not leftist... These people are left-wing clowns...
Food prices have doubled in the last year. 6/10 Argentines are living in poverty, that’s hard economic data.
I am Argentinian. The previous government left with 211% inflation on the rise, negative reserves in the central bank, 42% poverty, and a fiscal deficit of 11% of GDP. Since Milei took office, we have achieved a fiscal surplus, inflation has changed its trend, and it is now slowing down every month, with the latest result being 2.7% in October. Private investment and credit have returned, and the central bank buys dollars every day. The documentary makes it seem like all the problems began with the new government. Decades of mismanagement cannot be fixed in just one year. There is still a long way to go, but we are on the right path.
Thx for your comments. Do you know reliable source of information about Argentinian progress? I wold like to follow whats happening in your contry
@ The data can be obtained from official sources such as INDEC (National Institute of Statistics), BCRA (Central Bank of the Argentine Republic), or the Ministry of Economy. There are also private consulting firms and universities that validate the official data.
I totally agree, Milei had the guts and talent to do the job the former Governments had not
Praise the Freedom
Argentina people will soon go back to prosperity and with the help of our American government will make ARGENTINA GREAT AGAIN 👏
you conveniently forgot to mention the poverty rate has exploded to 53% under Milei...
Good luck brother. Must be tough over there and good to have balanced comments without the hyperbole.
Think the thing that scares most about your govt is this idea that privatisation is king. I would point anyone and everyone to the best example of what to do with your natural resources, the Norwegian Sovereign fund. Public/private partnerships give you the best of both worlds and you can make it work without selling the 'farm' so to speak. I'm Australian and we privatised our natural resources. Sure, we rake in tax revenue but next to the multi national profits, its potato money. I believe your guy is planning 30 year tax breaks for foreign investment in currently owned national assets. So when exactly do Argentinians get the benefit of that?
I've no idea why politicians always believe they have all the answers. The Norwegians showed the world how to do it properly. Yet very few have copied that model.
The vision presented in the video is a little misleading, the state of decline in Argentina is not the product of a year of Milei's mandate, it is the product of decades and decades of corruption and state clientelism. On the contrary, his arrival in power has brought credibility in the executive branch and a clear economic vision to follow: a clear contrast to the classic political rhetoric that talks a lot without proposing and even worse without doing anything.
Dw, the guardian, bbc.... all with the same line of thought
DW is part of the deep state, so there’s your answer.
@@emanuellascano7270 liberals left are always unrealistic, promising absolutely equality which is impossible. Consequently, all citizens suffer.
Can’t wait to see how the economic situation of the least fortunate gets better under his plan in years to come 🧐
DW is no different than cnn and bbc. Fake news.
Going to take more than a year to unwind the mess in a country that defaulted on debt twice in one century.
not if you just sell your country off to foreign investors.
Sure, but there should be some improvement already, not just more poverty.
@@TheEsseboy Inflation takes about 2 years to unwind in a country the size of Argentina. It takes about the same to reduce it, it's incredible what he has achieved in 11 months, inflation is at 2.7% monthly from expected 15% or more. I think this is the right track, it's only a matter of time.
@@TheEsseboy You don't understand how economies of scale work. I recommend you play a video game like Factorio or Shapez to learn how any economy works on a very small scale. You might begin producing things you need but it takes several days for things to get moving along to start producing results and at scale. You'll see jams/backups/stalls in the production lines and have to focus an incredible amount of effort to smooth things out only for something to jam up elsewhere. A real world economy is about 100 to 1000 times slower than a video game, taking _many years to decades_ to see any impact from any given policy change.
Only twice?
I grew up in Poland, my tenage years were during the inflation of 300%. Things can get better, they did for my contry and my family as well
thanks, friend.
Thanks to money flooded in by the EU
@@mickstana Exactly. Because Poland wouldn't dare to expect ANY KIND OF help from the Soviet Union and the rest of the Warsaw Pact. Poland and the rest of the Socialist bloc were dirt poor. So maybe being part of the EU did make a great difference for Poland and other countries who joined. Isn't great when other countries are able to help another country? I don't think that isn't good.
Thank you for your comment, as it turns out, Poland got way better getting away from the left-leaning central planning model into an open economy free market kind. As usual all those supporting a model that is supposedly for the small guy, in fact they create an economic disaster with tons of inflation an poverty all around. That is exactly what happened in Argentina, a libertarian got elected for office because of the disaster the leftist left behind after ruling Argentina for 12 years!!!
@@pablojlascano8322The EU aren’t libertarian though
"I can't believe the biased perspective of this documentary. While we understand that reality can be portrayed from different viewpoints, it is unacceptable to use fake news to convey a message. Here’s one hard fact for DW to consider regarding honest reporting: support for Milei has increased, particularly among the poor. Social benefits have risen but no longer go through intermediaries. The level of misinformation in this posting is unbelievable.
they also do not talk about the deterioration left by Peronism before milei.... this video misinforms
They mention the high support for him and also talk to supporters who seem very convinced. Which claim does the film make that is in your view untrue?
Of course the poor continue to support him. They have nothing to lose. Compare with who voted for Trump.
I agree, like most quango funded 'news' outlets, it's been totally captured by leftist elite ideology.
Once Milei succeeds (and that will happen sooner rather than later) he will be, hopefully, an example to the whole world.
This opinion piece presents no empirical data or statistical evidence for any of the points of view shared. It also fails to compare and contrast Aregentina’s current economic and societal health with the previous 20 years. It was purely based on “he said, she said” rhetorics. The people’s opinion on the street should always be given ample space to be heard, but, in order for this video to be a truly objective piece of news, the producers should have presented even the most basic of economic indicators to paint an accurate picture of Argentina’s current trends (inflation, cost of living, average income, GDP, governement debt, etc)
Alberto Fernández, former president, is being investigated for irregularities in the contracting of insurance by public organizations during his government.
Cristina Kirshner, former vice president and former president, has recently been charged as criminally responsible for fraudulent administration to the detriment of the public administration.
Grabois, who you mentioned, is being investigated for misappropriation of resources from the Urban Social Integration Fund, which was supposed to build housing for the poor he claims to represent.
And if you want to talk about social assistance being pulled, why dont you check how many of the people receiving checks and subsidies were actually real? How many lied about being pregnant, lied about being disabled, lied about being alive? Even jailed criminals were somehow getting government wellfare.
As a country we Argentinians KNEW our politicians were corrupt, we KNEW the were stealing billions from us using the system the have been rigging up for the past decades. That's why the majority voted for Milei.
I don't think he is entirely sane, but at least he is crazy enough to come to us with a plan and the honesty to go through with it. We'll take our chances with something different because what we've had in the past 12 to 20 years is WHAT GOT US HERE IN THE FIRST PLACE. Not Milei
Forgot to mention, what was the purpose of the ministry for women? I mean, even our former first lady, Fernandez's wife, was beaten by the former president while in office, and no one from the ministry helped her or followed up on it
@@mmaannggaa best comment
So Argentina is better but u ignorin this fair balance documentary listen Argentina people taking
You make this old man chuckle... So, you actually believe that the current set of thieves in power are going to be any less corrupt than the last ones? Youth has such hope. The truth is capitalism has only one real enemy, and that is an incorrupt democracy. I don't see that in the US now that the less than supreme court opened the gates to the mega rich to donate billions of dollars of dark money to "corporations" after making corporations have all the same rights as a person if you can believe that! For those that may be a bit confused, here is just a bit of information:
"Then finally came "Citizens United", the Supreme Court's 5-4 First Amendment decision in 2010 that extended to corporations for the first time full rights, same as people to spend money as they wish in candidate elections - federal, state and local. The decision reversed a century of legal understanding, unleashed a flood of campaign cash and created a crescendo of controversy that continues to build today."
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@@calioumarx4289😂😂😂😂😂
11:15 that guy is being prosecuted for corruption and fraud! He grew up in the richest suburb of Buenos Aires into a wealthy family, but he puts up this act of being humble and representing the marginalized workers. He was put in charge of a Social Housing Program by the former government of Argentina, he was supposed to build hundreds of houses for low income families, yet after 4 years and millions of tax payer dollars being put into the program, he barely finished any homes.
There’s also new videos every every week of him insulting and fighting with regular people in the streets, airport, restaurants, etc. He is a very violent man, just like former president Alberto Fernandez, who is being prosecuted for beating his wife (former First Lady of Argentina) while being pregnant! (He also forced her to get pregnant via IVF to improve the government's public image. And the irony is that he literally forced her to have an abortion some years before that (when abortion wasn’t even legal in Argentina).
Nicely said bro
Nothing about that on Wikipedia
@@igorfilipovic6531 Wikipedia is not trustworthy with this kind of info unless it's historical, since he is a living person that won't apply, heck the other day he was crying wolf by saying that Milei's government doesn't care that there was corruption (since some of the former politicians from the previous administration are being judged) and at the same moment he said that he knew there was corruption!
@@igorfilipovic6531 look for it in the news
@14:25 …. Argentina had never had a large middle class. It has had a large amount of unemployed university educated people.
not an objective video. everyone knows that inflation in argentina was about 2% per day! so it is difficult to talk about a rapid improvement in life. for the video to become objective, at least real economic indicators and their change over the past 10 years are needed, so that it would be possible to judge the changes more realistically.
I think the big question here: Is it worth getting greater economic growth and lots of more investments and innovation into the country by foreign companies that are more incentivized by low taxes ? Is it worth it, when the price is large short term increase in poverty. Is it worth it, if the positive results are not sure and take a long time to get into fruition - I mean, more investment could drastically increase the living standards of people if it can provide more and better jobs for them.
La inflación es del 2% MENSUAL. Antes de Milei, la infalción era del 25% Mnesual.
@@istvanvarro458pero es que tú crees que las las cosas son de un día para otro investiga otros países con inflaciones similares y verás que no es de un día para otro
@@istvanvarro458 y si capo las empresas vienen por lo bajos impuestos, está bien ellos vienen a generar trabajo y mientras más empresas vengan será más competencia por lo tanto más empresas queriendo quedarse con los mejores trabajadores, lo que se traduce en una mejora de los salarios, y yo no sé de qué pobreza hablas si ya pobreza había tipo, si el consumo baja es por la alta inflación que había, por qué la gente apenas tenía un peso en la mano corría a gastarlo para que no pierda valor, es simplemente lógica 🙄🙄
Estos dw están hablando todo el dia de milei, mi hna vive en Alemania es un desastre de zurdos progres q veneran al Islam q dicho sea de paso es recontra retrogrado y machista, estan cavando su propia tumba con tal de permanecer en el poder. Cualquier comentario en contra te tildan de bigotes...
argentina's problems started w/ the Perons and the State grew bloated trying to do everything and anything for the people as the leaders rode on the wave of populism. When the largess was large the people reaped the benefits but they kept asking for more and more until the reserve was gone. Then the country spiraled downward in a never-ending series of runaway inflation and currency devaluations. Very sad for a country which seems to be blessed with plenty of natural resources and human capital. The leadership failed them.
that's what crazy socialists do. unfortunately, in Europe too. we are condemned to have bloating public systems which get ever more expensive and less efficient.
Study the socialist economic policies of the USSR and the damaged it caused. It took divisions and a lot of help to even give a solution to the problem, it took years and even a help from US to actually appease the damage to its own economy.
Totally agree!
Great comment...
Just replace word populists with commie marxists lunatics which have only one goal-to seize the power and never let it go...
false
Me: show me statistics and data
DW: trust me bro 😎
Lol they put Grabois who is charged of corruption for stealing money of the poor by social welfare...
This whole video is hilarious.
It's like " tell me you're a heavily left leaning " news" channel ,without telling me you're a heavily left leaning " news" channel" 😂
I found nothing negative on him. Give me a source.
no es cierto, dicho por funcionarios de LLA y por el BID el programa que coordinaba Grabois funcionaba demasiado bien. Todo el año estuvieron haciendole una cama coordinado desde el gobierno y los medios oficialistas.
@@dgaydos Found no credible claim either. Apparently there is a tactic employed in Argentina where lawsuits are initiated to make someone suspicious. Something which exists in Spain as well.
Milei grifters are just exploding all over this video.
@@dgaydosand you wont, cause still this days, most argentinian news are left winged, but it's common knowledge here that Grabois is part of a group designated by the late govs to be an "intermediate" between the gob and the poor people to buy food, water and all kind of resources that they might need. But somehow, part of the money given to him get "lost" in the proccess and he demanded more and more money everytime but it was never enough. In another case, he was given millions of pesos to build houses, in 5 yeas he's done less than 50 houses from the thousans he promised. He's accused of robbing from that money, invading private property and some lesser terrorism charges.
Yeah, Milei according to you is the problem. The guy running the country for one year. And what about the other 30 years.
5,4 million new poors in 6 months
@@MrRealitybite yeah because all of the old policies that made them just barely middle class poor was taken away . When you start over it will get worse before it gets better . Something drastic had to happen .
@@asdk3090 Dropping the value of the peso 50% overnight have thrown a lot of people into poverty. It could have been done along some time, so people could have time to adapt and not be subject to famine.
@@Pixelarterbecause the country was on the edge of hyperinflation and bankruptcy. It costs money to have the peso artificially that high in value
Lloran los zurdos !!!!
I notice at the end, the woman "accuses" corruption from Milei - with no supporting details; does that indicate the producers bias?
Do you still have doubts this documentary is biased? What do you expect from left media ?
Incredibly smart man. Hearing his speech on economics showed he isn't a typical politician.
Yeah he’s a fascist
@@LonglivetheSovietUnion everyone that you don't like is a fascist, we get it
@@LonglivetheSovietUnionyou know that Peron liked Mussolini, and Hitler and one quote from Mussolini was "Everything within the state, nothing outside the state, nothing against the state". ❤
@@josesolorzano1349 That is why the real opposition is not left vs right, but rather freedom vs central planning top-down big state. Both Germany and Italy in those years have way too many things in common with socialist politics, so much so that it is even within the name of the ruling party of the 3rd Reich...
@@josesolorzano1349 And as you rightly remind us, to me Peron bears an unmistakable sign of fascism, despite all those who try to make him look like some progressive politician.
Interviewing the owner of a luxury ice cream shop with dozens of franchises who's probably in the top 0.1%of argentines in terms of wealth... very representative
And showing the poor in the indigent kitchen? that's the other extreme. The vast majority of people don't eat at indigent kitchens in Argentina.
@santilie 50% of the country is poor
@@santilie EXACTLY
@@santilie There are more people eating at soup kitchens that people like the owner of Rapanui so I wouldn't say "the other extreme". Also, literally half the population now is below the poverty line
When journalist talk about poverty it is usually relative poverty, which just measures inequality.
This is just low quality journalism and biased reporting
The worst about it is that some people still get their "knowledge" through this propaganda machine they are being fed with. Disgusting, and also a living proof on how Milei is absolutely right, to think Germans are coerced to pay taxes to fund this DW that then goes on to produce films against an ideology that would get rid of them.
and censorship, what leftists like the most is censorship, because they know they get trashed in a real debate, so they go for not letting the others be heard. It is no coincidence that they are all focused on going against "misinformation", providing they are the ones who decide which is the truth... You see the same strategy in every leftist authoritarian government around the world, be it Spain, Argentina, Cuba, you name it, they want to hijack the news so that only their skewed version of the truth, with all their editing, gets out there. That is why Elon Musk did us all a great favor by buying X, and I wished he could clean up google and youtube as well.
this is just a biased bot comment.
Greetings from Uzbekistan 🇺🇿. Argentina is indeed a very interesting country and i hope they'll overcome these challenges soon.
Love Uzbekistan. It’s a shame I can’t find Sarbast anywhere else!
@JohnnyGlock-r7e haha, didn't know it was that famous!
@@goloveuzbekistan I had it every day I was there. I have tried for years to find it, but I think it’s only sold there.
Also you have a beautiful country!
@@JohnnyGlock-r7e thank you so much! I hope you'll visit again!
Why do you find Argentina interesting?
4 year ago they uploaded a documentary about "Bolivia's economic miracle", so seeing how that's turning out, I'm hopeful for argentina.
"Food prices has doubled since 2023". And what was the difference between 2022 and 2023? Dishonest from DW.
2022 inflation: 72.43%. 2023 inflation: 133.49%. 2024 inflation to date: 193%
@@jimjimgl3 In June it was 293. Doing exactly what was predicted and voted for.
@@jimjimgl3The monthly inflation is the lowest in years. Less than 3% a month when 10% was normal. The mínimo salary increased 100% in dollars!
A different government. 🤡
@@rainmind
"the minimum salary increased 100% in dollars" 😂😂😂
Jamaican dollars ??? 🤣🤣🤣🤣🤣🤣
This feels like propaganda. Not one piece of hard economic data presented and they spent the entire time talking about a man whom they didn't even interview. Strikes me as though they are pushing their message which seems an uneducated one. Fixing a wrecked economy isn't something that's done quickly or devoid of hardships. They didn't speak to the totality of his plan or where he is in the implementation of said plan either.
This video is so biased and poorly presented that I don't think I can trust this channel anymore, unsubbed..
Anyone else here after the Lex Friedman podcast?
Yes, I am.
While I support combating graft, corruption, overinflated government and regulation - I can't help but being worried about what politicians like Milei, Orban, Erdogan, Trump and the like say between the lines.
They appear to rage against anything Socialism, yet they support the dumbing down of society, fanning fears against educated professionals, and then suddenly people think vaccines are a government conspiracy. Like the government is some alien force, not just your fellow citizens.
Demagogues are not better than what they replace.
The weirdest thing is that I only benefit from their policies, I am fairly wealthy, have really nothing to worry about.
Yet the vast majority who votes for those politicians have absolutely nothing to gain from them. Because there will ever be only so many business owners and entrepreneurs. The rest is employed by them, at lowest cost, that is certainly not freedom.
It must be some psychological string that resonates with them, rendering them blind to the real cost of those policies.
Anyway, I for certain have not understood this phenomenon yet.
What a weird world.
Yes but this video is misleading. Check another source, there is no actual economic analysis in this one.
Just skimming the comments made me realize it's not worth it to finish the video!
15:22 The problem is not to have an education , the problem is, to find a job in the field one has studied, if the person has not connection to land a great before going to the school, that person will end up with a diploma and work in a different field, or in most cases , all the money the government invested in that " free education" is to have a high educated unemployed person
Exactly. Plus DW failed to mention how education in Argentina is FREE to foreigners, too. Cuts are being made to address that.
I have a divided opinion on this matter. On one side I do believe that in a developed society the state ensures a number of public services so that an acceptable standard of living and a way into the social ladder is available to all. Specially with public education, which as the interviewee said, is the only way for many people that grew up poor to actually benefit from a liberal economic system, as otherwise they wouldn't be able to "compete", by no fault of their own. But on the other side, Argentina had to enact cuts. Increasing taxes to big businesses (which were already very high) wouldn't be the solution as it would only further strain the growth of what little productive companies remained in Argentina, further solidifying the country's economic stagnation. Argentina wanted to have the welfare system of a country like Spain, when it's not a rich or developed country at all, and it wasn't in any way on the path of getting there. All those services were financed with debt, and at some point either someone like Milei came in or there was going to be another default which would have forced the state to make cuts anyways because the country would have literally ran out of money. Sometimes there's simply not enough money, and Argentina was offering services that it simply does not have the money for. It would be amazing if Argentina could afford world class public services for all its citizens, but the grim reality is that it can't because it's poor, and now the only way out is through,.
The funny thing about public universities is that the great mayority of the students are middle class, the lower classes can't even dream to go to a universitie because the economy has been so broken for a long time now, that they don't even finish the basic education (13 years old to 18 years old) and need to go to work.
i BELIEVE THAT IN A HOUSE THAT HAD BEEN SERIOUSLY SHAKEN BY PERIODIC / REPETITIVE EARTHQUAKES, THE FIRST THING TO DO IS STRENGTHEN / REINFORCE FIRST ITS PILLARS AND FOUNDATIONS and THEN TAKE CARE OF THE INTERIOR OF THE HOUSE.⚒📐🪚🔩🛠 ♥🎁🎗
@@meynardocustodio2477 yeah, he is doing that with the economy.
"State should be smaller" -
Singapore left the chat
Cutting education money is probably the worst thing for a countries future. Goodbye social climb, goodbye tech development within country, doctors and nurses will only become more scarce.
Here in the States, education funding has never stopped growing at a rate much greater than inflation, while results are shameful. More money is not the solution.
@@mikelezcurra810 the US software is eating the entire world, the US has some of the best military tech(skunkworks, spaceX, raytheon, DARPA). The US has some of the best medical development, tech sector, education sector. If you think results are shameful it's because you're either a low skilled individual or you don't work with smart individuals who are truly pushing in their respective fields.
Impossible for those to become more scarce after leaving communism. Everyone knows commie countries always lack skilled jobs.
@@mikelezcurra810 Can you provide a source for that claim? All I can find is multiple articles and studies showing that the public spending in healthcare has decreased in relation to inflation, and that spending has only increased in the private sector. So basically: people are spending more on private healthcare exactly because the government has cut the idea of public spending. The ACA was a breather and has helped many people but if you don't have a job, you're fucked.
False, the money is being stolen
Thank you for providing absolutely no stats nor relevant numbers and just a handful of subjective opinions. Now we know how Argentina is after one year of President Milei.
We saw it, and it's bad
4:10 "If there is no competition prices nor quality improve, (...) and Milei has this figured out. Also the good thing about Milei is that he is honest, I imagine him like a child, if you lie to him, he gets angry and like a child he screams. Milei gets angry and screams, he is very transparent, what he says he does."
I think the translators are not truly honest with what the man says, nuances are lost and give a worse image of what is being said.
The old libertarian guy who says “I hope that companies will pay their employees higher wages when revenues increase”. When has that EVER happened. Look at the United States, they have companies that have made fantastic revenues over the last few years yet wages have gone where??? Not up. Those CEOs get bigger wages but not anybody else
Any American can invest in themselves and thrive. If you are so replaceable as to not write your own ticket, that's on YOU. Minimum wage jobs are entry level, for kids and those just entering workforce with nothing to offer other than showing up and making an honest effort. No society can consume more than they produce and government fake jobs, as most gov jobs are everywhere, only makes everyone less well off.
Eso pasaba antes en Argentina. Había trabajo y si te pagaban mal, buscabas alguien que te pagara mejor. Eso es el mercado de trabajo. Por algo hoy se vive mucho mejor que antes. Antes trabajabas de sol a sol y ahora de las 8 horas, la gente trabaja la mitad, la otra mira el teléfono.
Wage increases were huge until a couple of decades ago... why not since, there are probably many reasons, bigger and bigger spending by government probably being one, too much immigrants second, green energy, over regulation, deindustrialisation and cheap foreign labour, etc etc.. market in itself clearly provides better wages if companies are doing good, no doubt about that.. at the end of the day only ~1% of American workers work for min wage.. why is that??
If Milei's painful reforms don't get traction among the poor, I don't think they will give him another term which is a shame since from the looks of it, it will take at least a decade before things get better for Argentina. Essentially, he is racing against time.
Thats basically what the video was about but somehow people see it as an attack / hit piece against Millei 😂
Quite Interested in this topic, so I appreciate the documentary. However I must say, I would really like to see more data & sources.
Should give credit to Milei for his radical transformation. At least, if it will not be working they can choose another president next time
By then middle class has spent their reserves and joins the larger group of poor households. Auch experiments are not to be done.
Or not!
The middle class and the poor people may be too malnourished to fight back, while Milei may use the system and support from an oligarchy to perpetuate themselves into power. Milei is already taking some authoritarian measures to take down protests. If he continue this route it may get uglier, and Argentinians may end up losing their democracy.
It feels like we are in the 20s again (1920s!) - economic downfall and inflation brings populists into power everywhere around the world. Have we not learned anything in 100 years?
How is Milei more populist than socialists?
The previous administration had a fiscal deficit of 15 points of GDP, which was financed with monetary issuance. Fiscal responsibility is the opposite of populism.
Short term pain for long term gain. It was never going to be easy but if people just hold on a little longer they can turn things into a model for less government for others to aspire to. God bless Argentina.
DW is biased website.
AGREE , THAT'S WHY THEIR SUBSCRIPTION IS LOW !!! HOW S GERMANY'S ECONOMY?
@meynardocustodio2477 It's messed up people loosing jobs.. LandTax, Co2 Tax has increased, No unity in government, High inflation, Salary have been slightly adjusted to inflation, but Companies cutting jobs.. So.. Germany needs person like Milei, Elon or Vivek.. There are but Germany is a socialist Nanny state..
Seems like every poster here was sent by Milei to criticize this
YES BUT WE HAVE MORE WORLD CUPS !!!
@@meynardocustodio2477 subscriptions ? LOL
A Million times better than argentina's
Don't forget the part about how he smuggled his nation's gold reserves out of the country, and his latest AI precrime department .. REAL "Libertarian" there
Background music 01:45. ??
So, I see rich guys camplaining that they're not rich enough, while 60% of the country is poor and growing in desperation. Education and media are being marginalized...and basic services are being eliminated. Well, good luck, you asked for this. BTW what other countries have used policies like Millei's approach & been successful?
Mexico tried neoliberal policies like his and guess what, they failed and miserably. The only one that gains from these policies are the rich and the US.
Well said, unfortunately not too many are able to see this truth
I saw the samething. The elites complaining.
That is exactly DW's message here. Do you know how many poor people support Milei?
Europe is doing so well on so many fronts, like integration, growth, social mobility, taxation, energy policies, etc. that they keep on giving lessons to the rest of the world. I wonder how much more decline there needs to be for Europeans to acknowledge that their well-fare state social democracies are not heading in the right direction. But honestly once I am removed from here, I could not care less if they end up going down the drain.
I wonder if the chocolate candy guy pays his workers a living wage? He talks about how he wants to see Argentina get more businesses and investment but if people can't afford an education then who is going to invest in Argentina if the people are unskilled? It's not like the world needs more basket weavers lol.
Probably not. Here minimum wage is ridiculous and you can't afford a living with that money. Also, these people are against salary regulation so they can do whatever they want
You fell into dw's trap. Go and see how many poor people support Milei, you'd have a big surprise
Milei doesn't want to and didn't cut education budget. The last finance minister on the other hand...
Thats why 90% of our workers in the company here in germany from Argantina😢 they are so nice people and so kind❤
I don’t really have much of an opinion on Milei, but I found it funny that they mentioned that inflation was finally down from its peak of 200%, but then seemed to blame him for the doubling of food prices last year
So then who is to blame ?
And it's only down marginally, it's still a joke
@@angelestorres6334 uhhh, let's go with blaming the people who brought inflation up to 211% before Milei was elected? That seems pretty f'ing easy, my dude. It's now lower than when he became president. If it keeps going lower, cool. If it goes back up, sure, blame him then
My worry is "hope" for a company to take care of it's employees and the people to make good choices to protect themselves. I live in Florida where we've seen unprecedented storms and the insurance companies don't want to cover the state anymore and our insurance rates have skyrocketed to astronomical amounts but there's nobody here to protect us from that when you can only get insurance from one company. I do believe in some regulations because this is what we run into and one day we may have nothing and I'll be poor and going to a church to eat. Insurance is just one instance and there's several like the electric companies and telecommunication companies that monopolize and hurt communities because of their greed.
I AGREE WITH YOU. I BELIEVE INSURANCE SYSTEM WAS FROM THE BRITISH. IN THE WORLD OF TODAY WHERE THERE ARE SO MANY COMPLICATED LAWS and REGULATIONS plus THE ADVENT OF THE DIGITAL SYSTEM. BEING SIMPLE, PRACTICAL, HARDWORKING and THRIFTY WILL GIVE YOU MORE PAYBACK IN YOUR RETIREMENT.
It's so crazy to showcase Argentina's problems like they have not been present for the past TWO DECADES or perhaps even more. You can't expect such a radical change to bring fruits in literally one year and the most impressive thing is... POSITIVE CHANGES ARE ALREADY HAPPENING. I believe no one was expecting such an improvement so quickly.
Before Milei came to power, inflation rate was 211.4%. Economy was in terrible shape for years. Abolishing Ministry for Women and reducing other goverment waste is a small price to pay. Does Germany have a Ministry for Women?
AGREE ! AT ONE POINT IN HISTORY IN THE 1980's THE INFLATION PEAKED TO A POINT THAT MONEY WAS ALMOST 1000 TO A DOLLAR THAT A NEW DENOMINATION HAS TO REPLACE THE PESO?
>Does Germany have a Ministry for Women?
Yes
@@nilkonom Germany does not have a dedicated ministry for women. They have Ministry of Family Affairs, Senior Citizens, Women and Youth, according to wikipedia. In any case, I don't think Argentina needs it. None of the counries where I lived (Poland, USA) have it and somehow they are managing.
No and they don't have inflation currently at ~190% either
what's the excuse to gut the education ministry though?
None of Argentina's problems are caused by Milei, and thanks to Milei, Argentina has a chance to improve in the next few years.
Always using the future to explain your sorry present...
Lmao DW said multiple times "Yes this worker/citizen says they have been experiencing economic problems for YEARS" emphasis on the 'S' yet the DW still tries to spin it as Milei being the problem. Milei has been in office for a year and explicitly said during his campaign that things will get worse before they get better and that is just natural when your predecessors have spent an insane unworkable amount of money on useless sectors of government. Dont try to spin it as "he is making it worse" when this is literally the only way to fix it.
Ah Elon - King of the Government Subsidy. His whole business model is sucking up government subsidies.
I don't think that he is going to change much at all
As a Turkish social democrat I gotta say. If the Country had been having inflation at 50% as a base and 200% was the situation at the time of election. I would have voted for Milei and probably would still be supporting him. Plus, if in time of goverment spending cuts your commodity prices are increasing to the point you can not longer continue production, doesnt that litteraly mean that you have been producing a prduct that actually shouldn't have been on the market, that you should have been giving your energy, time and resources to something else.
Milei is preparing Argentina to be looted😂
Bingo! A third world country with foreign ownership, and a government that's so weak that the people will have no one to appeal to.
False...And also why the laughing emoji? What kind of sociopath are you?
What an easy way to try to show that the current "state of decay" of Argentina belongs exclusively to Milei. As an emigrated argentinian, I can say, without any doubt, thats these problems come from many, many years ago. This is not something new. In fact, this situation (which is turning and moving forward for the better) was stoppped just in time, just before total decay.
Please, if you are going to upload a video about "poverty in Argentina", do it starting in 1983. It will be more honest and not partial, just like this video.
If a country wants to punish a foreign industry, they impose import taxes. Why would a country punish it's own industries with export taxes?
Because he's and idiot
ATTENTION Mainstream Media:
Argentina has been struggling for some time now, this didn’t start a year ago….
This Media is biased 😂😂 what do you expect from them ?
But after 1 year it looks the same or worse !!!
Where is your Super Milei ???
"Let the poor people starve, then our world will be better! Also: Don't teach anything to anyone, then they will be happy!"
- These People
what are you even talking about?
If you have a deficit of 14 percent of the gdp if you include the central bank. How can you not make poor people poorer you must cut spending?
This is such a European way to look at things. Social democracy in Europe works because there's enough pie to cut a piece for all citizens. But when the country is poor and there's no pie, how you gonna cut it? It's like what some people think Marie Antoinette said (she didn't). When she found out that poor people didn't have enough bread, she suggested they should eat cake instead.
It's the same when it comes to Europeans preaching to everyone what they should do with their economies. Europe and its economy is not the result of its policies. It's quite the contrary. The policies are the result of the economy. If any country on earth wants to become just as powerful economically as Europe is right now it should not follow their current policies. They should follow the their policies when Europe was poor. Europe didn't rise as a dominant power as a social democracy. Welfare stated only started after 200 years of growth.
Do I believe that every person should life a nice life without major struggles? I do. But you need to have something first to hand it out to poor.
@@dasstigma are we talking about the US or Argentina that is crippled by corruption and socialism? No institution can be trusted to do what is correct. You give food to the south kitchens, it turns out the food is sold and the south kitchen didnt exist. You give money to the communist leader to build hundreds of houses? He builds a dozen and pockets 200 million dollars.
You give money to universities, they use it for leftist political activism and radicalization.
You give money to the scientists, they use it for shit projects and progressive bullshit, not real science but idiotic projects like studying batmans anus. Wtf even is that?
Then the world scientists and human rights watch starts crying and attacking you when you stop funding this waste of money.
Sounds more like what the Kirchners think
Thank you for this documentary. I was born in the USA, but lived in Argentina from 1965, when I was a child, until 1976. I am in contact with many of my Argentine friends who were middle class and are now eating pasta to survive. They cannot afford meat and are just trying to survive. It breaks my heart, since I also consider Argentina my home country, also! I just hope that Milei will be able to turn around the economic situation in Argentina so that all Argentines can go back to living a normal life!
14:50 Wow, did she just unintentionally prove Mileis point? I mean, I’m no expert but “The basis for a fair class distribution etc etc”. sure sounds a lot like Marxism to me…
😂
This was the best part of the ‘documentary’. Utterly oblivious to her own ignorance. Perfection. Surprised it wasn’t cut at ‘sounds a bit paranoid’ 😅
wow, it's so wrong for people to want the opportunity to gain class mobility through education, how evil 🙄
Music you put is extraordinary
This title should read “the left crying “😂
And manipulating the narrative
24:09 How is vetoing a law authoritarian? It's one of presidents basic functions.
Dont reasonaye with ignorant ppl. They believe in free money...
i saw this thinking in bolsonaro's governement and just increased the misery. Nothing about justice or strugle to corruption, just poverty.
Milei is a total success, the numbers, the mathematics speak alone of her great success
"Her"?? Are you talking about president Milei's sister, Karina?
As someone who never been to Argentina or Brazil, I thought Argentina is beautiful country with great nature like Patagonia and less crime compare to Brasilia but somehow Brasil is doing better even with crime , favela , trash extra . It amazes me that Argentina can go so wrong for so long since Evita Peron times
It is because the amount of left leaning people there is staggering
Milei is great
The entire world 🌎 economy is in big trouble
Poverty didn't rise, it was measured correctly and the numbers showed higher. the previous values were hid and presumed higher so the 'increase' is not that significatn. By today numbers poverty is tarting to go down, slightly, moth by month. The prices of services went up (reduction of subsides, so the price was not realistic) but at the same time inflation went down drastically. The actual problem of our economy was the State, subsides and emission. He reduced the State, stopped emission and sacked thousands of political charges and with no power in the parlament he dropped an inflation from +200% to 25% in ONE YEAR
Trusting a large-scale business to invest profit gains not into one's pockets, off-shores, yachts or new means of production, but all-in to workers' salaries is a childish bs nonsense I've never come across yet
Even if they don't, it's a net positive for people who work for them and have freedom to switch jobs
Perhaps you haven't heard of Reagan and trickle down economics. spoiler: it didn't work here either.
The gap between rich and poor has widened austerity cuts only favors the rich
No. Keynesian economics and government money printing only favours the rich. Funny how you guys can always come up with millions of reasons for the cause of inequality but never mention money printing. Lack of economics education is the greatest threat to mankind.
how about the gap between the poor and the poverty line during the last 50 years? That gap grew non stop. What happened there?
People are judging this man already after only a year meanwhile hes the one picking up the can that been kicked down the street the last 75 years of neglect this man will turn Argentina into a powerhouse watch
The Argentinian coments in this video are what's missleading. A big chunk of our people are wanting to believe what it isn't and are holding on to the government narrative because they have big hopes that this won't be the same. What I really hope, is that I end up being EXTREMELY wrong and they are not. But my Historian background makes it difficult to clung to hopes and dreams.
So far, everything seems to be going in the same old direction. I encourage the interested reader/viewer to re-analyse Argentina's situation by the end of Milei's mandate to ponder again wether this experience was what it was said to be, or it was an empty carcass. And also to not stop at what is said in public speeches but rather on what's actually done by the government in different areas, you'll find several contradictions.
Va a salir bien el "experimento" de Milei, sin inflación, con creditos hipotecarios, expansión económica, crecimiento del PBI y por ende reducción de la pobreza a niveles que Argentina no ve hace 30 años o más. Y encima de yapa el Peronismo y el Kirchnerismo van a estar totalmente sepultados.
Too bad there are few overview of Argentina's situation which weren't extremely biased like this DW piece.
Working and going to school!?? AT THE SAME TIME??!! Oh the horror…
"I think there's a lot of confidence that if there is a path towards normality, this is probably the only administration that could do it," said Thomas Haugaard, portfolio manager of EM debt at Janus Henderson.
This is all sad. Everyone thinks they have the answer. When you realize you are in the working poor and see no way out. This life’s reality will set in then you realize you brought children into this….
They fight for a free lunch. Who could blame them?
I never understood how privatizing health care and education will help any society... it will only help a specific set of individuals. The rest, indeed, i agree that the government role should only be as regulator to assure fairness through the society. The monarchies were a failed system as is our current world politics. We need to move and evolve.
Argentinian, showing the world things could always be worse.
7:24 bros walk is immaculate😎
Partial chronicle... Bad step DW...
The rich's solution is for the poor and middle class to pay
If only he could tax everyone equally so that the rich and middle and poor especially the rich to tri the fat so true fiscal and financial austarity so that depth they created by excessive spending and splurging of money on stuffthat make budget of goverment in worse of.
Please show us more economical numbers to approve or disapprove Milei's policy. Otherwise, the video can distort to whichever way DW wants. Simple as that.
All I can see in this documentary is rich people praising Milei xD
Yes, DW was looking hard for people who would defend Milei's government, and could only find those among the very rich Argentines. Therefore, about 60 percent of Argentina must be very very rich.
@@pablojlascano8322 the support rate is below 50% rate now and it is only so high because people have a very simplistic understanding of the economics and they don't know he is pushing them deeper into poverty
Would like to find out who sponsored and produced this documentary… hmmm, I wonder.
Why cut education, especially STEM? seems short sighted
The "cuts" didn't happen. The budget hasn't been updated to today's inflation, but the thing is that we can't just update when you don't have money to do so. The educational unions rejected the increase offered by the government, on the argument that it wasn't enough
@@estebanquiroga7629 I heard the universities had to provide receipts for their expenses as a requirement for a higher budget but they chose not to.
@@nilkonom That is true. They say its an argument to divert the conversation, but it is in the heart of the matter. Many uneversities have been using their budget for political campaigns, to buy favors, wash money, in the end, corruption. And none of them allow themselves to be audited
DW lost their objectivity. Restart by showing Germany‘s energy challenges and immigration issues to gain some credibility.
Facts make argentinians cry
The tricky thing about Argentina is that most of these problems are a consequence of decades of economically irresponsible administrations. Normally I'd call this kind of harsh austerity stupid, but I don't see how Argentina had any other choice. Foreign investors weren't interested in Argentina. The currency was inflating rapidly and the national debt was getting way out of hand. At this point there were only bad solutions left, so Milei went the with disgustingly business friendly approach to attract foreign investors at any cost. And the is steep!
Solid social programs are very nice, but only if you have the tax base to reliably fund them. Funding them with debt only delays the inevitable pain.
Sheeps need leaders.
Spoken like a true fascist
If by sheep you mean peronists and learders you mean a certain corrupt politician called Cristina Kirchner that might be true😂😂😂
Milei is the exacerbation of proud stupidity. Poor Argentina.
Argentina was already poor before Milei.
Next time, upload both audio tracks, original and in English.
Milei, Trump and Bukele are the BEST in the world.
Super biased video.
in the US food (Meats, eggs mostly) prices also doubled in last year alone, no one is talking about!
These libertarians are ridiculous !
wait what is that about? everybody knows already Milei has saved Argentina, cut inflation to record low, turned trade deficit to record high proficit, got Argentinas credit rating hugely improved, and economic growth projections at really high numbers. You cannot wish for any better after what Argentina has faced last years and where it has been going.
Fully support Milei.
We need a follow-up video in three-year
Unlike what most commenters suggest this documentary provides a quite balanced review of 1 year of Milei. The only thing it underlights a little is how bad the state of affairs was before the took office
There´s no more stupid form of journalism than asking whether something is this or is that, as is everything is so simple and can be described with one word. Most of the times it can be both, or it can be neither of those. I know that thumbnails have to be brief, but simplifiying things become clickbait is something I don´t expect form DW. He is not a destroyer nor a savior, he is just another politician discovering it´s easier to be opposition and criticize than to effectively make good decisions.
removing export taxes on produce is only going to increase food prices for the locals