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José Luis Espert: "If all the planets don't align, this could end in an eighth crisis, and I don't know if there is a return"

2023-12-08T18:18:03.473Z

Highlights: José Luis Espert: "If all the planets don't align, this could end in an eighth crisis, and I don't know if there is a return". The deputy told about the meeting he had with Javier Milei, and asked to wait for the new government's economic measures to be announced. "Kirchnerism has practically liquidated the country. At the bottom of the PISA education tests, half of the country is poor," he said. "It's all very well to put on as many cold cloths as you can because what's coming is a ticking time bomb"


The deputy told about the meeting he had with Javier Milei, and asked to wait for the new government's economic measures to be announced.


José Luis Espert said that the situation that Javier Milei will inherit is "absolutely disastrous", but that the president-elect is aware of the risks he faces and that the fundamental thing is to avoid a new crisis, which could have no return.

The Avanza Libertad deputy acknowledged that his agreement with Milei in terms of ideas "is great," but warned that "here the issue is the diagnosis. Here, Javier Milei, the president-elect who takes office in 48 hours, inherits an absolutely disastrous situation."

"Kirchnerism has practically liquidated the country. At the bottom of the PISA education tests, half of the country is poor, half of the workers working in the black and precarious, inflation in November is going to be 15%. You see postcards from Argentina and they are postcards from Venezuela, from Cuba. A devastated country leaves these people destroyed," Espert said during an interview on Radio 10.

The congressman - who met with the president-elect on Thursday afternoon, after the meeting of the two days ago in Congress - made a historical review of the historical crises that the country suffered and the mistakes made.

"In the last 70 years, Argentina has been in a situation similar to this seven times. And on all seven occasions he threw himself off the cliff. It happened with Gelbard's plan, previously with Frondizi, with the Austral Plan, with convertibility, with the Kirchners, with Macri. Argentina has a kind of addiction to being on the precipice and instead of turning around and retreating, throwing yourself down," he said lapidary.

Espert and Milei were talking in Congress at the session in which the libertarian was declared president-elect. Photo: Juan Mabromata/AFP.

Without giving too many details about what they discussed when they met yesterday, Espert said that the president-elect knows well what awaits him and what are the risks he faces.

"We talk about what's coming and he's very clear that he's inheriting a ticking time bomb. Very clear that if all the planets don't align, this may end up again in the eighth crisis in seventy years. And I would tell you that with a social fabric like the one we have, with such burnt skin, I don't know if there is a return," said the deputy.

The economist preferred not to risk a forecast about what could happen in economic matters in the first days of Milei's government, which this Sunday will assume the presidency with a ceremony in the National Congress.

"I'm an economist, not a lamp rubber. Let's see what Milei announces. I am an economist who says what can happen, but with data in hand. We're going to wait for the announcements on Sunday and based on that say 'this is right, this is wrong'. But today I have no idea how the markets are going to open on Monday," he said.

However, he did not spare crude when it came to making a diagnosis: "We are not far from hyperinflation. It's all very well to put on as many cold cloths as you can because what's coming is. Beyond the measures Milei takes, it's what's coming because the inheritance is a ticking time bomb."

Source: clarin

All business articles on 2023-12-08

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