Inflation in Argentina just hit a record-high 138%. It has continued to skyrocket since the country defaulted on a record-setting $57-billion “relief package” issued by the International Monetary Fund (IMF) in 2018. A payment default in May of 2020 couldn’t have come at a worse time. As country’s were shutting down for the global “pandemic”, Argentina failed to make a $500-million loan payment and cut the country off from access to many finance options.
The people of Argentina, in a testament to sweeping change, have latched on to the populist candidate, Javier Milei. Milei has been compared to Donald Trump and former Brazilian President Jair Bolsonaro, often referred to as “the Trump of the Tropics.” And for this reason, the Mockingbird Media outlets immediately labeled him things like “far-right”, “ultra-right libertarian”, and “Trump fan” as reported by The Gateway Pundit.
And now add another notch to that comparison: he’s also under criminal investigation, just days before the country’s elections on October 22nd.
Prosecutors in Argentina have launched a criminal investigation into the presidential front-runner Javier Milei for encouraging Argentinians not to save money in the Argentinian peso. As the candidate to receive the most votes of any other during the presidential primary, and running on a platform that involves adopting the US Dollar as their currency, this would seem like a logical encouragement. After all, it seems he’s the likely replacement for President Alberto Fernandez, who, according to the AP, called for the investigation himself. Fernandez is not seeking re-election.