by Peter St. Onge, Mises Institute:
Argentina’s Javier Milei is racking up some solid wins, with the fiscal basket case seeing its first monthly budget surplus in 12 years.
Apparently, it took Milei just nine and a half weeks to balance a budget that was projected at 5% of GDP under the previous government. In US terms, he turned a 1.2 trillion-dollar annual deficit into a 400 billion surplus. In 9 and a half weeks.
How did he do it? Easy: he cut a host of central government agency budgets by 50% while slashing crony contracts and activist handouts.
For perspective, if you cut the entirety of Washington’s budget by 50%, you’d save a fast 3 trillion dollars and start paying off the national debt.
Exactly two years ago this Saturday, on February 24, 2022, Vladimir Putin announced the launching – and described the objectives – of a Special Military Operation (SMO) in Ukraine. That was the inevitable follow-up to what happened three days before, on February 21 – exactly 8 years after Maidan 2014 in Kiev – when Putin officially recognized the self-proclaimed republics of Donetsk and Lugansk.
– Mass murderers get a free pass to continue exterminating us
Have you read the fine print on high yield savings accounts? Do you have any idea how banks are screwing you by renaming products?/bnn/media/media_files/a4e55ad0e810bc83a992f528a39532960fbd7dfc0ab4c087a951a6cb6107ea0b.jpg)
In this interview with The New American, Dr. Pierre Kory discusses two pressing concerns related to Covid vaccinations: spike protein shedding and an unprecedented scale of excess deaths among young, predominantly white-collar Americans.