Argentina's President Javier Milei, a self-declared libertarian and "anarcho-capitalist", is promoting crypto scams and overseeing rapid deindustrialization. Manufacturing and construction are collapsing, while the financial sector, mining, and agriculture grow. Donald Trump and Elon Musk praise Milei, as the majority of Argentines live in poverty. The real economy is in crisis, but rich foreign investors rejoice as the stock market booms. Ben Norton explains how Argentina is being turned into a resource colony.
VIDEO with charts here: https://www.youtube.com/watch?v=i3qgYZMYkj0
Topics
0:00 Who is Javier Milei?
0:40 Elon Musk & Donald Trump
1:08 Crypto pump & dump scheme
2:34 Trump & Melania meme coins
3:18 Economic destruction
5:06 BRICS
5:47 Israel
6:27 CIA
6:48 Spanish colonialism
7:11 Ukraine
7:48 Stock market
10:06 Poverty
11:27 12-hour work day
12:46 72% are worse off
13:39 Income distribution
14:38 Extreme austerity
15:28 Government spending
16:47 Colonialism
17:11 Brain drain
18:39 No toilet paper
19:22 Social spending cuts
20:43 Bicicleta financiera scheme
23:04 Cost of living
23:55 Job loss
24:50 Construction collapses
25:17 Housing costs
26:05 Taunting the poor & hungry
28:45 Luis Caputo
31:36 Billionaire sponsors
32:04 Bondholders
32:30 Inflation & debt
39:48 Manufacturing collapses
47:07 Deindustrialization
49:18 Neoliberalism
50:39 Stock index composition
52:09 Privatization
54:13 Plantation economy
56:39 Gold in London
57:56 Financial colonialism
58:19 Outro
