Javier Milei

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.

I want an open economy.

And if you look at the weight of the Chinese economy in the world, you will understand that I need to trade with China.

Or look at the evolution of India.

I need to trade with India.

We are ready to sign.

We are working on the fine detail.

When you design policy, and that was the central pillar of my presentation yesterday in my address in Davos, you see, you design based on ethical and moral values.

justify a situation where Argentines, or most Argentines, need to pay more for goods they could get more cheaply.

Because it's false that that also destroys jobs.

That's one of the big lies of Keynesian economists, who are actually ruining the whole planet.

Whatever they touch, they break.

But when you open up the economy, there are products that will be cheaper, and you might lose jobs here, but that lets individuals spend less money.

For example, in Argentina, you used to pay $40 for a T-shirt when it's actually only $5.

And the money you save, you will spend elsewhere in another sector, and you will create jobs in another economic sector that people are interested in, and this will lead to higher productivity.

So when you open up the economy, you will see a reallocation of resources, but there will be productivity gains due to greater division of labor and higher specialization.

the protectionist argument were true, one day we would decide to close up Argentina.