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The John Batchelor Show

1100-1115#NewWorldReport: Buenos Aires vs Madrid. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 23 May 2024

⏱️ 16 minutes

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Summary



1100-1115#NewWorldReport: Buenos Aires vs Madrid. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis
https://www.reuters.com/world/spain-escalates-diplomatic-rebuke-argentinas-milei-2024-05-21/


1936 Buenos Aires

Transcript

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0:00.0

This is CBS I on the World with John Bachelor.

0:07.0

Here's John Bachelor.

0:12.0

The New World Report with Professor Evan Alice, the Latin American Research Professor at the US Army

0:18.2

War College Strategic Studies.

0:20.0

We go to the unknown of the continent.

0:24.0

Argentina, a new direction under Javier Malay, the Libertarian elected some months ago,

0:32.0

now practicing libertarian economy on a culture and a government that has

0:38.7

been well to say that it's Keynesianism is to understate the matter.

0:44.0

It's been all government for decades and underneath that is the power of the unions,

0:50.0

power of the government that was attached to the old ways, the Peronistas, and also the poverty in Argentina that was depending upon handouts from the central government.

1:02.0

All of that has hit a wall. The headline from

1:05.8

Reuters Hardly Unique Argentina's economy seen hitting steepest falls since

1:11.3

2020. In March that would mean that not since the pandemic

1:17.5

wiped out global trade and pretty much everything else about growth as Has the Argentine economy seen a limit like this?

1:25.9

Professor, a very good evening to you, thank you for joining. To read the statistics

1:31.2

is not to educate because this is purposeful.

1:35.1

Malay and his government is going forward in a what should have to say severe diet.

1:42.1

They've decided to try it without any food whatsoever for the economy that

1:47.1

depended upon the central government. Is it understood as a positive? How is it reviewed

1:52.1

by the World Bank or the IMF or neighboring countries.

1:56.3

Good evening to you.

1:57.3

Good evening to John.

...

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