Javier Milei despises politics. In his opinion, it is an activity for parasitic subjects that, with the purpose of achieving more power and money by the media, specialize in deceiving people promising benefits that others would have to pay. Less than a week ago, it seemed that the characters so denosted, sediers of revenge after supporting walking after walking of hyperbolic verbal abuse, had him against the ropes, but then politics, this time the international, broke into rescue him and, perhaps, to save the country a socioeconomic convulsion that threatened to have catastrophic consequences.
When the US Secretary of the American Treasury Scott Besent affirms that the United States is willing to do as much as it is necessary to support Argentina -that is, the libertarian government -for being a matter of an “systemically important” ally and for deserving its approval the milesty strategy, the financial markets, which minutes before continued, rose from the floor to jump with joy. The Argentine actions on Wall Street rose explosively, the country risk index fell and the peso regained ground against the dollar. The head of the Kristalina Georgieva International Monetary Fund also felt relief, which immediately celebrated the messages sent by Besent in support of what he described as “solid stabilization and growth policies for the benefit of the Argentine people” of the libertarian government.
The relief, rather, joy, which seized Milei and other government members when he received the news could be understood. For more political reasons than techniques, the sanitation program that until recently produced hopeful results ran the risk of being one more than a long series that, after a promising start, fell into pieces by achieving the populist opposition to mobilize those harmed by the measures that were taken without giving them the job of offering them a better viable alternative.
It happens that, not only in Argentina but also in the rest of the world, economic logic is one thing and that of politics is another very different. In Europe, how difficult it is to reconcile them has put in check the French government of Emmanuel Macron, is crushing the British of the Premier Keir Starmer and puts the danger to that of the German chancellor Friedrich Merz. However, here the gap between the two ways of facing reality has been remarkably greater than in the other countries of similar culture, hence the prolonged national decline that can be attributed to how easy it has always been to justify with moral arguments strong measures that, in the long run, would have very negative social consequences. Even so, for more than a year Javier Milei could believe that he had been given combining the two logics; In accordance with the opinion surveys, despite the severity of the adjustment he applied, he still had the support of approximately half of the electorate.
In his own way, the majority of the members of “La Casta” that, with resignation, were willing to refrain from raging against the adjustment, but three weeks ago the results of the Buenos Aires elections gave them reasons to suspect that the period of grace that had benefited the president had already finished and that, from now on, they could privilege their own political and personal priorities over such mood and personal that of the fiscal balance and the budget cuts that would be precise to maintain it.
Needless to say, the tumultuous return of traditional politics raises many dangers. Since it is the interest of the most fierce opponents to the current government than the project patented by Milei fails in a really spectacular way, they will do everything they can to sabotage it without worrying at all about the consequences that a new terminal crisis would have for the bulk of the population. One way to deprive Milei of the power he would consist of forcing him to allow public spending increasingly exceeding the capacity of the economy to finance it before Vaca Muerta and mining contribute currencies in sufficient amounts.
While it is understandable that the majority of the country’s inhabitants would like retirements not to be so petty and understand that it is necessary to invest much more in education, health and thus, unless there are available genuine resources, there will be no way to do it without unleashing a new inflationary tsunami. It is an annoying detail that too many politicians have become accustomed to overlooking.
Thus, the many who do not want Milei, their sister Karina and certain legislators barely presentable from the party that have improvised, are in front of an anguishing dilemma. How do you oppose the viable of the economic project that the Government has launched? In the weeks that followed the painful defeat of Freedom, advance in the province of Buenos Aires, such ideological allies would show their teeth in the Senate and the Chamber of Deputies, thus aggravating the political isolation of the government and sowing panic in the markets. Both here and abroad, many began to be discussed that Mileismo will have only been a fantasy bubble that would soon explode, leaving Argentina even worse stop than had been before. After all, something very similar had happened when Fernando de la Rúa persisted with the “convertibility plan” and when it became clear that Mauricio Macri would not be re -elected.
Needless to say, Milei’s willingness to behave as another affiliate of worldwide movement led by Donald Trump had a lot to do with the attitude assumed by the US administration, but also affected the fear that an eventual Argentine collapse would impact extremely negatively on the wobbly international economy. What for the superpower would be at most a small additional expense – for someone like Elon Musk, it would be a matter of coins – it could be more than enough to ensure that Argentina ceased to be a kind of financial black hole by becoming a growth pole that, walking time, would provide international investors, especially to Americans, opportunities to do penguins business that would also benefit the local population. On the other hand, for all except the less scrupulous members of “La Casta”, a relapse on pop populism, it would only mean more misery.
That so many feel constrained to opt among the often sperm -squeeze eccentricity of a president as evil as Milei on the one hand and the Kirchnerist cleptocracy, or a variant headed by someone of perimated ideas such as Axel Kiciloff, on the other, is in itself an aberration. While Milei himself and his sister are contributing to the discredit of politics, which the alternatives against the electorate remain so depressing serves to justify the disdain that says he feels for the professionals of the trade so supposed.
However, if the many who have concluded that the country will have to get used to respecting certain basic rules that claim not only western ones of liberal attitudes but also the nominally communist Chineses, a broad party that would form a broad party that would be able to handle the difficult transition from the political order that broke two years ago two years ago to one, clearly more in accordance with the times that run, but mercy to the times, The Milei brothers, who wanted to monopolize the power that the electorate gave them, the sporadic efforts in this regard have been frustrated.
Will the acute crisis of the last weeks serve to subordinate their own personal aspirations to the common interest? Although from time to time arise indications that the president could be thinking about forgetting the dream of a monochromatic country painted violet, they are soon followed by others that suggest that they continue to resist changing the formula that allowed him to succeed at a time when the country seemed to be resolved to self -destruct. Thus, in its particular case, political logic is undermining the economic program on which it depends.
As expected, the hard opposition did not hesitate to try to take advantage of the sudden improvement of the panorama that was caused by Trump’s will to do what was necessary to prevent Milei’s economic program – which, incidentally, has very little in common with that of the American mandamás – he would be victim of the offensive mounted by the Kirchnerists and their allies. Without losing a minute, they accused Milei of attempting against national sovereignty by tied the country to a superpower that will surely want to move him away from China. Since nothing is free is this world, there is no doubt that American help will have conditions that could be onerous, but when the rivalry between the west as a whole and the reborn empire of the environment is intensified, maintaining neutral is ceasing to be a realistic option and, given the circumstances, it would be better to be a “systemic ally” of Washington than to try to assume a non -aligned posture.
