October 14, 2023 | Argentine Follows US Charging Political Oppoent To Influence Election

A prosecutor launched a criminal case Friday against Argentina’s frontrunner in this month’s presidential elections, accusing Javier Milei of deliberately causing a drop in the Argentine currency when he encouraged citizens not to save in pesos. What the United States has done to Donald Trump has set the standard for the world. We will see more and more weaponizing of criminal law against political opponents. Everything is simply collapsing as we head into 2032.

The prosecutor has launched this criminal case against Argentina’s frontrunner in the presidential elections, accusing Javier Milei of deliberately causing a drop in the Argentine currency when he encouraged citizens not to save in pesos. Our computer clearly shows that this is a global trend to the dollar, and there is by no means a unique issue in Argentina.

President Alberto Fernández had called for the investigation in a complaint claiming that the right-wing populist candidate was trying to scare the public and that his actions were “a severe affront to the democratic system.”  Prosecutor Franco Picardi sent the case to a corrupt federal judge María Servini, who accepted Fernández’s accusation that claimed Milei and other candidates in his party were inciting public fear. Never have I ever heard such a crazy theory of manipulating a currency by a political comment.  This came on target for a Panic Cycle here in October.

During the 1960 US election, they attributed a current panic to Kennedy, but they did not criminally prosecute him. He said: “Now on the question of gold. The difficulty, of course, is that we do have heavy obligations abroad, that we therefore have to maintain not only a favorable balance of trade but also send a good deal of our dollars overseas to pay our troops, maintain our bases, and sustain other economies.”

Martin Armstrong October 14th, 2023

Posted In: Armstrong Economics

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