The summit in New York between Javier Milei and his protector Donald Trump left several memorable scenes. For example, that of the graduate tweet that the host offered his visitor, printed as if it were a diploma. There he supported him for “his re -election” (so uninformed is about the Argentine situation?) And called him “very respected president” and “truly fantastic and powerful leader”, a message than Milei, ecstatic and more pale than ever by excessive makeup, showed how a trophy in the bilateral photo. He also surprised the nice farewell that Trump dedicated to the libertarian delegation, when he said: “This was not bad, already getting here.” Or when he explained that “you do not need any rescue”, a phrase that for a moment altered visitors until the US Treasury financial assistance for 20 billion dollars was sealed. It was what Milei and “Toto” Caputo had gone to seek to calm the markets in our country.
They were almost surreal scenes that sought to clear the uncertainty and give air to the government in its rugged march towards the October elections. Now, with the north silver, everything seems to have been on track: the dollar – who until hours before leaping – calmed down, lowered the country risk and the Argentine titles rose in the stock market. Is there a happy ending?
Well, let’s not go so fast. Because the new mangazo of Milei and Caputo – which comes after the millionaire loan of the formation that the model needs more dollars than it produces, that is, say, does not close. If the loan that months ago disbursed the fund was bleeding due to the successive emergency interventions that the Central Bank makes to contain the rise of the green ticket -on Friday they sold 678 million, cabalistic number -it is because silver seems not to reach the libertarian government. Which motivated the new and desperate request for help that now put them face to face with Trump.
Assuming that the brand new salvage helps to clear the fears of the market and calm the dollar to the elections, what will happen the day later? How will the Government avoid an exchange correction that even the IMF itself is claiming Sotto Voce? And if they finally devalue, as everyone gives, how will they do that not affect prices and end up burning the only flag they keep today, the brake on inflation? Worse: in case of a new defeat, how several surveys forecast, how to know if the help of the American treasure will finally be consummated? Why would they bet on a loser horse?
Well -informed media from the United States say that in Trump’s surroundings there were doubts about his idea of hugging Milei at the worst moment of the libertarian. Also Mauricio Macri, with his distance, demonstrates what Piantavotos is to stick to someone who comes from suffering an electoral massacre in the province. “I haven’t seen him for more than a year,” he said at this time, consulted about his relationship with Milei.
And speaking of Mauricio, near the former president they say that he does not believe that the film ends well. It worries him, as the establishment, the lack of dollars and how fast the government burns them. Can the Caputo plan be sustained? Macri believes no, and he speaks for his own experience. It is that he had to live the same story, and on top with the same minister, “Toto.” Déjà vu.
