All right, Alexander. Let's talk about the elections in Argentina and let's talk about the new president of Argentina because everyone is talking about Javier Nile.

He could be a force for change in Argentina, perhaps positive change positive change could also be a big bust he's very eccentric

he's very eccentric very colorful he says a lot of stuff he does a lot of stuff does a lot of bizarre

stuff but you know the argentinian people they voted for for him to be the president.

And he says he's going to enact some very, some very drastic, controversial, risky policies,

for example, moving Argentina away from the peso towards the.D and perhaps even moving Argentina away or out

of bricks, for which they just entered bricks. So we're going to need some time to see how

he governs. But what are your thoughts on the election in Argentina? I mean, in some ways,

I mean, in some ways, it is unsurprising.

I mean, Argentina has had a very troubled economic history for as long as I can remember.

And I'm not an expert on Argentina and its economic system.

I don't know why these problems exist in what logically should be a rich country with abundant raw materials, an educated

workforce and an industrial base, but they do. And no government up to now seems to have been

able to get on top of them. I mean, we've had brief moments when things did appear to be getting

better. For example, under Ferdinand Kirchner,

not Christina Kirchner, this is the husband, not the wife, but when he was president,

he did seem to be able to bring things sort of under control. But these dawns, these periods of

stability tend to be relatively short.

Things go wrong.

At the moment, Argentina has 120% inflation.

The Pezzo has been devaluing and losing its value, and both internally and externally,

things have not been well in Argentina.

...