Inflation in Argentina 🇦🇷 since 2001.
Imagine if Milei hadn’t won the elections and Massa would’ve continued his hyperinflationary model.
Any media outlet crying about inflation now (whereas there were hardly any tears during naughty nose Massa), cannot be taken seriously.
https://m.primal.net/LRoh.jpg
Currently reading River of Darkness, about the trip of conquistador Francisco Orellana across the Amazon river. At a certain point in the book they cross these San Rafael Falls by walking to the other side over some planks (one member of the crew doesn’t make it).
Turns out that today, those falls are gone. On 2 February 2020, the falls collapsed into a massive sinkhole behind the layer of hard volcanic rock that formed its lip, creating a large natural arch spanning the Coca River.
The natural arch also collapsed about a year later, leaving a gaping ravine at the former site of the falls. During its brief existence, the natural arch may have been the longest in the world, surpassing China's Xianren Bridge.
The waterfall itself receded upstream as a result of rapid upward erosion, and disappeared within months as the river carved a new, more gradually descending channel.
The collapse of the falls has significantly altered the Coca River, with a deep new canyon appearing upstream of the previous falls and large volumes of sediment being deposited downstream. Erosion upstream has destroyed several bridges and pipelines and, beginning in 2023, threatens to undermine the Coca Codo Sinclair Dam, which was built upstream of the falls in 2016.
This is the before and after:
https://m.primal.net/LOjV.jpg
“A born reader always reads two books at the same time: the one he has in his hands and the one he rewrites internally with his own truth as he reads. Both are one book, but different from each other.”
— Augusto Roa Bastos 🇵🇾
https://m.primal.net/LFrU.jpg
Since active UN members are aware that the 2030 goal post is unattainable (what a surprise, lol), they moved the goal post to 2045.
What does the UN Agenda 2045 propose?
💰It makes all international financing conditional on compliance with the 2030 Agenda
🕰️ It moves the horizon of compliance with the points of the 2030 Agenda to the year 2045
🕵️ It approves the Global Digital Pact, which forces social networks to reveal user data
♻️ It imposes on countries a "lifestyle" linked to recycling so that there is "zero waste" and a "circular economy". It asks that all investments have a ‘sustainable economy’ component
🌎 It strengthens all forms of global governance, weakening the sovereignty of countries and their scope of action
🤡 It modifies the structure of the UN Security Council to include one permanent member per continent. Brazil 🇧🇷 is included in LatAm
🔫 Purchase of weapons is limited to spending on social, gender and environmental policies
🏥 It is indicated that all forms of care are work, including family care, and that it should be subsidized by the State
🤡 Indigenous traditions must be respected even if they are contrary to the laws of each country
Argentina 🇦🇷 will not support clown policies that censor the freedom of its people.
More info about this nefarious Agenda here: https://vision2045.comhttps://m.primal.net/Kyik.jpg
“Socialists are people with conscientious objections to the money that other people make. As soon as they start to earn something themselves: not only do they fail to produce conscientious objections, but they also remain unsatisfied.”
— Willem Frederik Hermans
https://m.primal.net/KyeZ.jpg
This is what the sunset looks like over the Rio de La Plata, the river that separates Argentina 🇦🇷 from Uruguay 🇺🇾, from the International Space Station at an altitude of 400km
https://m.primal.net/KuMG.jpg
“The taste of the masses is characterized not by their antipathy to the excellent, but by the passivity with which they enjoy equally the good, the mediocre, and the bad. The masses do not have bad taste. They simply do not have taste.”
— Nicolás Gómez Dávila
https://m.primal.net/KtIw.jpg
Dome by architect Arturo Prins, in the time when Argentina was still on a gold standard.
📍Paraná 1596, corner with Montevideo, Buenos Aires, 1909.
https://m.primal.net/KrLT.jpg
At first glance I assumed the graph was accumulated, not separate. If it is separate which seems to be the case, then you are DEFINITELY NOT BULLISH ENOUGH.
In that case it’s 184+100 = 284B/1.1T = 24.8%
The censoring of 𝕏 in Brazil 🇧🇷 is the continuation of an ongoing process to erode freedom of speech online, and this is accelerating in emerging economies and the “developed world” alike. Is there a way to fight back, and how? My latest article:
https://www.bowtiedmara.io/p/modern-memory-holes
“It is incredible that at the very least 60-70 countries have tried the Marxist route, and some for 80 years, like the USSR (...). It is a religion. It is the religion of non-existence. The religion that there seems to be substance, there seems to be nature... A grave error. There is nothing. It is nothingness that reigns. And within this, well, if we manage to steal and kill enough, maybe something will appear.”
— Antonio Escohotado
https://m.primal.net/KlWh.jpg
Kind of annoying that every time I try to time the market (as in, just selling a very tiny position to stables to buy back more sats later) I get too emotional whenever Bitcoin starts to rip and want to buy back less sats.
DCA > Timing the market
Canadian mining company First First First Quantum will invest $3.5 billion to build the Taca Taca copper project in Salta, Argentina 🇦🇷
Direct result of the RIGI scheme started by the Milei government to give a 30+ year tax benefit framework for investments of $200M+.
¡VLLC!
https://m.primal.net/Kjyd.jpg
“I was against Peronism precisely because it was liberticidal and had fascist roots. Note that Perón persecuted me because I was democratic, as they said then. Never because I was anti-worker or anything like that. He put my mother and my sister in prison.”
— Jorge Luis Borges
https://m.primal.net/KeXg.jpg
I tagged Bull in a tweet last week telling them it was insane that no other community members are on here. Think I will write an article about the importance of a decentralized platform that can’t be censored.
Aerolíneas Argentinas will compete with low-cost airlines with a promotional night rate: these will be for flights to Bariloche, Iguazú, Salta, Comodoro Rivadavia and Trelew, and there will be tickets with a starting price of $17,560 (14 usd).
Milei’s open skies policy already working as intended ¡VLLC!
https://m.primal.net/KcsL.jpg
🇺🇸🇰🇵 FBI warns that North Korea is trying to hack and steal US crypto & Bitcoin ETF funds.
Hope they got that cold storage part figured out. Also interesting to think about scenarios if NK “succeeds”
https://m.primal.net/Kcow.jpg
Public spending as a % of GDP in Argentina 🇦🇷
Just that blip in 2002/3 was enough to start a 8% YoY growth (also thanks to high commodity prices), just imagine what Milei’s spending cuts mean for the next 3 years 🔥
https://m.primal.net/KbQj.jpg
Rental prices in Buenos Aires are already below the level BEFORE the Rental Law was even invented in real terms. Overall results so far:
Housing supply up 212%
Rental prices are down 26%
Mortgage costs are down 30%
Insane to see fast the market correction was after Milei repealed it (8 months ago).
Another change he implemented was that contracts of any kind can be signed and agreed upon in any currency or good, including Bitcoin.
https://m.primal.net/KbLB.jpg
Exactly, the Rental Law that was in place before fixed contracts to set time periods and owners weren’t allowed to increase more than once a year. The result was nobody wanted to rent their property out under those conditions. Milei took it all off and let owners and renters decide the terms and payment methods of their contract
Fatal injuries in the 20 most dangerous US occupations, almost exclusively male.
The lack of feminist demands for equality regarding these jobs makes it obviously clear what their agenda is: they never wanted equality, only privileges.
https://m.primal.net/KbHB.jpg
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Notes by bowtiedmara | export