{"id":14600,"date":"2025-10-27T03:13:26","date_gmt":"2025-10-27T03:13:26","guid":{"rendered":"https:\/\/tomfarandasfolly.com\/?p=14600"},"modified":"2025-10-27T03:13:26","modified_gmt":"2025-10-27T03:13:26","slug":"milei-wins-mandate-for-free-market-revolution-in-argentinas-election","status":"publish","type":"post","link":"https:\/\/tomfarandasfolly.com\/?p=14600","title":{"rendered":"“Milei Wins Mandate for Free-Market Revolution in Argentina\u2019s Election”"},"content":{"rendered":"\n

“The result shores up momentum for self-described \u2018anarcho-capitalist\u2019 economic programs”.<\/p>\n\n\n\n

<\/p>\n\n\n\n

I thought he was supposed to be in trouble politically. Guess not. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

https:\/\/www.wsj.com\/world\/americas\/milei-wins-mandate-for-free-market-revolution-in-argentinas-election-3be65f38?mod=djemalertNEWS<\/a><\/p>\n\n\n\n

BUENOS AIRES\u2014President Javier Milei<\/a> scored a decisive political win Sunday, strengthening his position in Argentina\u2019s Congress and securing a lifeline for his audacious free-market revolution<\/a> backed by President Trump<\/a>.<\/p>\n\n\n\n

With nearly 92% of votes counted, Milei\u2019s Freedom Advances party won almost 41% of the national vote, putting it on track to more than double its representation in Congress. That means his party and allies should secure at least one-third of the seats in both chambers\u2014the critical threshold that allows Milei to preserve his veto power and defend his sweeping decrees.<\/p>\n\n\n\n

The result, stronger than most polls had predicted, gives Milei fresh political momentum after months of unrest over deep spending cuts and a grinding recession last year. It also shores up his standing with Washington and the International Monetary Fund, which have tied future financial support to the survival of his austerity experiment<\/a>. Market analysts expect Argentine bonds and the peso to rally<\/a> when trading opens Monday, reflecting relief that Milei still has political traction.<\/p>\n\n\n\n

The U.S. announced a $20 billion currency swap<\/a> this month to prop up Argentina\u2019s currency and promised to raise another $20 billion<\/a> from private banks and sovereign-wealth funds.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

“The result shores up momentum for self-described \u2018anarcho-capitalist\u2019 economic programs”. I thought he was supposed to be in trouble politically. Guess not. https:\/\/www.wsj.com\/world\/americas\/milei-wins-mandate-for-free-market-revolution-in-argentinas-election-3be65f38?mod=djemalertNEWS BUENOS AIRES\u2014President Javier Milei scored a decisive political win Sunday, strengthening his position in Argentina\u2019s Congress and securing a lifeline for his audacious free-market revolution backed by President Trump. With nearly 92% […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14600","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/14600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14600"}],"version-history":[{"count":1,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/14600\/revisions"}],"predecessor-version":[{"id":14602,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/14600\/revisions\/14602"}],"wp:attachment":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}