58: Professor Evan Ellis discusses Argentina's economic stabilization under President Milei, who resisted dollarization by bringing the peso to a stable, free-market rate through aggressive spending cuts and US/IMF support. This success under the new US "econ
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 7 November 2025
⏱️ 13 minutes
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| 0:00.0 | This is CBSI on the World, the New World Report. That's the Western Hemisphere. Professor Evan Ellis is here. Look at your map. Two continents and Central America pushing us together. However, over these last years, there's reason to wonder what the U.S. policy is towards the Western |
| 0:22.5 | hemisphere. Over the last hundred years, there's been an intention to follow through on the |
| 0:27.8 | first hundred years of intention, which was called the Monroe Doctrine. That is, this is our |
| 0:34.1 | kitchen, stay out. That message was delivered to the Germans, to the British, certainly several times, in the 19th and 20th century. |
| 0:44.5 | Now that message is being delivered to Moscow, to Beijing, to Tehran, etc., bad actors, plus the smugglers who are called now |
| 0:55.2 | narco-terrorism. It's our kitchen, stay out. The Trump |
| 1:00.1 | administration has announced in very historical terms its ambition. New |
| 1:07.7 | economic Monroe doctrine. These are words of the Secretary of the Treasury, applying them to |
| 1:14.0 | Argentina, but influencing the whole of the continent. So the professor is here to help me go through |
| 1:21.8 | the nations that are suddenly showing interest in center right. Professor, we've gone through this list before, |
| 1:29.7 | but it's instructive to say that there's movement everywhere |
| 1:33.4 | that isn't necessarily related to next-door neighbor or to narco-terrorism. |
| 1:38.8 | It's just an intention of the voting. |
| 1:41.1 | I begin with a success already booked. That's Bolivia. Would you say that the most |
| 1:47.8 | recent vote for the president indicated a move towards the center or even the center right? Thank you. |
| 1:54.2 | Well, Joe, certainly in Bolivia is a compliment to a number of other states in the region, |
| 1:59.4 | including Argentina and Ecuador in recent |
| 2:02.0 | elections, possibly Chile coming up in the future and others. There's a strong move towards |
| 2:07.0 | governments who are more open to free market activities, more open to working with the United States, |
| 2:13.8 | although still more than happy to work with the Chinese in terms of selling them |
| 2:17.5 | products and welcoming a Chinese investment, albeit maybe staying away from some of the |
| 2:22.3 | U.S. areas of concern, you'll like military engagement. So clearly, Rodrigo Paz has been open |
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