HomeWorldEl Loco takes office and warns: economic shock is 'inevitable'

El Loco takes office and warns: economic shock is ‘inevitable’

Javier Milei has been the new Argentine president since this Sunday. The opening ceremony took place at the conference headquarters in Buenos Aires. And in his speech, the new head of state said he holds in his hands “the worst legacy” any Argentine government has ever received, guaranteeing that, with him in charge of the country’s destiny, the war. Argentina’s “history of decadence and decline”. ‘Like the fall of the Berlin Wall, these elections mark a turning point in our history’he claimed.

As the crowd sang songs of support, the ultra-liberal Javier Milei, together with the new vice president, Victoria Villarruel, proclaimed loyalty to the state and criticized his predecessors (Alberto Fernández and Cristina Kirchner, who handed him the portfolio): “The Kirchnerism that boasted its surpluses in the beginning, today it leaves us with a deficit of 17% of GDP. Argentina has inflation growing at 300%, the economy is paralyzed and a poverty rate of about 45%. Before the scenario improves, “the economic shock” will be “inevitable.” “There is no alternative,” he admitted.

In a speech to foreign heads of state, including the King of Spain, Felipe VI, and the Ukrainian President, Volodymyr Zelensky, El Loco he reviewed the country’s history and accused those responsible for leaving Argentina in the state it is in for the past 100 years, saying that they “insisted on defending a model that only produces poverty, stagnation and misery causes”. Something he wants to put an end to now. In the absence of Lula da Silva, former Brazilian President Jair Bolsonaro also attended the inauguration.

Javier Milei also criticized the country’s lack of security. “Argentina has become a bloodbath”, a city (Rosário) has been “hijacked” by drug traffickers and violence, and only 3% of crimes are convicted. “The tracking of the criminals is over,” he said, as he heard cries of support from the population (“Police, police, police!”).

For, at the signing of the book of honor of the Chamber of Deputies, the libertarian was like himself and left the message: “Long live freedom, man.Words he later repeated in his speech.

This was followed by the speech to the legislative chamber, led by Vice President Javier Milei.

Author: Rui Miguel Godinho

Source: DN

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