Elon & DOGE Update! Elon Musk & Trump *NOW* Working w/ Javier Milei [Argentina]
FULL TRANSCRIPT
hey I had to re-upload this video I
apologize about that let's get into it
this is wild apparently Elon Musk is
taking lessons from Javier Malay of
Argentina for the Department of
governmental efficiency and I have to
say I could not be happier I actually
think it's a really good thing and what
we're going to do in this video is we're
going to analyze what has Javier Malay
done for Argentina here's a picture of
Elon Musk by the way in a tuxedo with
Donnie Tate uh then you've got how
mlay right here again taking another
photo but most importantly you got to
see Javier start dancing uh okay I I
don't know it really matters but I I
think the point of it is people really
like cavier Malay and I think it's
because his chainsaw strategy has
actually started working so people stand
up and cheer for this guy because his
cut everything attitude is working I'm
going to show you some numbers here and
just a moment and I want you to see
what's going on with voter confidence
because if Elon Musk and team Trump are
taking inspiration from Javier Malay you
might want to know what are voters going
to think about that in the future how
are they going to respond and are these
strategies actually going to work well
we're going to review these and I'm
going to give you some research but
first uh I think it's funny that you get
uh these memes on a uh the memes the
meme game has been pretty on point uh so
they put um Anthony Fouch not
fouchy the reason I bring that up is
people have been memeing Anthony fouchy
so much about cutting Anthony fouchy out
uh but they put
RFK uh and they meme his face over
Javier Malay uh back when he goes aora
aora and this time it's seed oils aora
fluide aora processed foods a it's kind
of great I love it so but let's actually
get past the memes and actually get into
some substance here so have Javier
malle's policies worked uh he's often
considered a right-winger somebody who's
going to bring shock therapy to
government to reduce government debt and
the massive levels of over, 1400%
inflation in Argentina that has
basically LED them to a brink of
collapse uh at least before the election
uh the Argentinian country probably
would have collapsed much like a
Zimbabwe did uh because of the rampid
inflation they've had had it not been
for jav Merle and I'm going to show you
the actual results in just a moment uh
but know that inflation is a country
Buster it destroys countries think about
Germany World War I you know uh post WW1
the wmer
Republic you can't function people
Revolt that gave rise to the Nazi party
and a revolution essentially you know
the people get fed up with inflation and
so what Javier Malay did is he took
office and immediately on day one he
Deval valued the Argentinian peso by 50%
now you might think to yourself wait a
minute doesn't that cause more
inflation uh and the answer to that is
it depends so the first thing that he
did you could kind of see this on a
chart just type into Google USD to
Argentine peso and then just go to the
one-ear chart and what you're going to
find is when Javier Malay took office he
immediately cut the value of the
currency uh in and and put it on on sort
of a a path of devaluing the benefit to
this is you actually make it cheaper for
other businesses from countries outside
of Argentina to work with Argentina so
you help domestic production domestic
manufacturing because it's cheaper to
buy Argentine Goods so the idea is
you're actually going to strengthen your
export economy by having a weak currency
it's one of the reasons Donald Trump
actually likes a weaker dollar it's
because he's a protectionist he wants to
grow the US and US manufacturing and if
you have a weaker dollar you strengthen
your export market now if argentinians
leave Argentina and go to you know
Florida well now it becomes more
expensive to like vacation in Florida or
whatever but the whole point is they
want to fix Argentina not Florida right
now so that's one of the reasons you see
a devalued currency now that's different
from inflation so here are some things
that have also did he slashed subsidies
for uh fuels he cut government
Ministries in half kind much like Doge
50% of government Ministries gone he
literally swung the country from a
$120 billion I'm using dollars here uh
uh debt uh annual sort of budget deficit
right so uh let me write that budget uh
deficit of $120 billion to a surplus
of
$264.5 billion Javier mle then went on
to have a surplus in January February
March and April of this year and the
trend is continuing so they are actually
making money again because they've cut
so much a government spending in the
first 8 months in total of 2024 they had
a surplus a budget surplus of 1.5% of
GDP uh remember this all to be negative
they have reduced public spending by
30% and while they still have work to do
on inflation inflation is actually
starting to plummet now look on screen
here inflation has been plummeting since
December of 2023 which is when Javier
Malay took office now obviously you're
comparing in 2024 to higher levels in
2023 so you do get a little bit of an
easier win on inflation because you're
comparing to high comps year-over year
but the month-over-month rate is
plummeting in fact in October it came in
at
2.7% below expectations now that's still
pretty high you know
2.9% annualized is still
34.8% it's still you know a pretty high
level of inflation but it's well down
from the over th% annualized rate of
inflation that you had in Argentina and
what's remarkable is what's going on
with presidential approval look at this
usually when somebody takes office like
over here you see their approval plummet
right after they take office from 60%
down to the 30s over here you went from
about 70% down to about 40 over here you
went from about 75% down to pretty much
immediately under 60% over here you went
from as high as 80% after taking office
you know 65 to 80% little over 80% uh to
a pretty rapid plummet within a year and
a half to two years down to about 45%
and then straight decline Javier Mala is
starting to decline but look how stable
it's held around that 57 56% 60% level
pretty stable so far so people seem to
be supporting Javier mle and their
public debt is expected to fall by 2026
to just
77.9% of GDP the lowest level scen in
years in Argentina so it's working lower
inflation lower debt the people still
support Javier Malay and you just
recently had Javier mle's delegation
walk out of cop 29 you probably didn't
pay attention to that is okay it's
basically the United Nations climate
change conference that took place in
Baka in aaban uh this is uh you know
country right on the um the right edge
of the Caspian Sea and they had a
climate uh conference there and Malay is
pretty much just trying to align more
with Donald Trump and so after the first
week Argentina actually sat out the
second week of the delegation they said
they decided to withdraw and re-evaluate
our position nothing more keep in mind
that a lot of this has to do with
countries supporting the Paris climate
Accords and lowering emissions and
supporting green energy and otherwise
and Javier Malay has previously told the
UN that they are just a body trying to
impose an ideological agenda and he
calls it a woke body without realistic
expectations and so as a result uh I I
think they're trying to send signal that
we are leaving uh you know this cop 29
conference we might leave the Paris
climate Accord in alignment with Donald
Trump oh and by the way now we're going
to go hang out with Donald Trump at
marago which basically happened right
afterwards uh over at marago mle
mentioned that today we have the Winds
of Freedom blowing much stronger and
suggested that proof uh uh is positive
that the forces of Heaven are on our
side and that Donald Trump has made the
greatest political comeback in history
defying the political establishment even
at the risk of his own life they've also
been talking to Elon Musk and Elon Musk
has been talking to the Finance Minister
about how to potentially deregulate the
US economy so you've actually got
support for Javier Malay in
Argentina people cheer Javier Malay on
the internet which I know is a microcosm
of obviously the world but it can be
reflective of how of sentiment uh and
but I think it's because the proof is in
the pudding the numbers are actually
good he's actually doing what he said he
was going to do and it's working so I
hope and pray for Argentina that it
keeps working but it does give you a
potential look into you know what the
musk camp and Doge might do for America
now that also then is balanced by okay
well is you know uh if if you cut
inflation even more in the United States
are you potentially going to lead us
into a recession you know that that is a
fear that people have that but you know
Donald Trump is basically going to take
office and he's going to preside over a
recession right away because of you know
it's going to take time for tax cuts to
take effect that'll take until you know
2026 uh even if they pass something in
2025 you know the actual economic effect
might not be noticed until later uh and
then of course you know you're going to
be in this regulatory environment where
you look and go okay well cut regulation
cut jobs is that going to have an
immediate negative impact when we're
already in a position of uh potential
pain for the economy with weakening
employment and otherwise so you'll see
that uh you know some people post this
like uh Michael over here says Trump
will preside over recession few
understand this like and repost if you
agree uh well we'll see we'll see uh
we'll actually be interviewing uh
Michael next week so we'll get to see
what his opinions are leave a comment in
the uh you know comments down below and
let me know what you think about this
and also go to meetkevin.com Alpha to
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link below thanks so much folks we'll
see you in the next one goodbye good
luck do not advertise these things that
you told us here I feel like nobody else
knows about this we'll we'll try a
little advertising and see how it goes
congratulations man you have done so
much people love you people look up to
you Kevin P there financial analyst and
YouTuber meet Kevin always great to get
your take
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