Javier Milei
๐ค SpeakerAppearances Over Time
Podcast Appearances
Therefore, our need to resort to funds in foreign markets will be less and less.
In the worst of cases,
Perhaps we would only be going out to international markets to secure the rollover.
And besides, given Argentina's fundamentals, we think that paying a surplus rate or with country risk at 550 basis points, we think that is clearly not in line with our fundamentals.
We have a very low debt to GDP ratio because most of the debt is within the public sector and we have achieved fiscal equilibrium.
We will need less and less access to capital markets aside from the rollover.
And with the development of the local market, we'll be able to pay and bring down the exposure.
It's not something that, given our fiscal performance, should be a great concern.
I would be worried not to have large enough Argentina.
In my view, what Scott Besant said is well in line with the thinking of the United States administration, and this is a matter related to geopolitics.
The United States does trade with China, and the way we see it, China is a great trading partner.
It means a lot of opportunities for us to expand markets.
So that is not any source of conflict.
When the geopolitical time comes, do you have any doubt as to where Argentina stands?
Well, that's not proven.
I'm president for 47 and a half million Argentines, and I make the decisions that best favor the interests of the Argentine people.
So part of that is the fact that Argentina, which is a very close country, the most close country in the world,
Given its GDP per capita, Argentina should have a trade to GDP ratio of a little over 90%, and it only has 30, strictly speaking, 28, if you want to be accurate.
Consequently, my plan is to open up to the EU
to the United States and to China.