Milei Triumph Ultra Conservative Economist: Buenos Aires, Argentina – In a resounding electoral victory, Javier Milei, an ultra-conservative economist, secured the presidency of Argentina. As a first-time congressman and far-right populist, Milei defeated Sergio Massa, the economy minister from the ruling Peronist party, with a more than 10-point margin in the second round of the presidential election.
Acknowledging defeat, Massa pledged to assist in the transition to power for the president-elect, who addressed jubilant supporters at the Libertador Hotel in Buenos Aires. Milei characterized Argentina’s situation as critical, emphasizing the need for decisive actions and rejecting “half measures.” He declared an end to the model of decadence, acknowledging monumental challenges ahead, including inflation, unemployment, and poverty.
A political newcomer, Milei entered Congress two years ago with his ultra-conservative libertarian party, Freedom Advances. Identifying as an anarcho-capitalist, he outlined plans to combat Argentina’s rampant inflation, exceeding 140%, by adopting the dollar and abolishing the Central Bank. Additionally, Milei vowed to reduce the country’s extensive state spending and subsidies, causing concern among loyal voters of the Peronist party.
Known for his outspoken style and unconventional behavior, Milei’s image drew comparisons to leaders like former U.S. President Donald Trump and Brazil’s Jair Bolsonaro. Trump congratulated Milei on his victory, expressing confidence in his ability to “Make Argentina Great Again.”
Reactions in the region were varied, with Colombia’s left-wing president, Gustavo Petro, congratulating Milei while lamenting the outcome’s implications for Latin America. Brazil’s Luiz Inácio Lula da Silva extended goodwill to the new government, expressing respect for Argentina and a willingness to collaborate.
At 53, Milei, with his eccentricities and provocative statements, is set to take office on December 10. His unique persona includes climate denial, controversial remarks about Pope Francis, and unconventional personal details, such as being a self-proclaimed tantric sex expert and considering his five cloned Bullmastiff dogs as “four-legged children.”