We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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Samizdata quote of the day – Milei’s man-made miracle The result of [Argentina’s] shock therapy has been a stunning recovery. Milei has brought monthly inflation down from 13 percent to 2 percent. The economy is now growing at an annual rate of 7 percent. Investors no longer shun Argentine bonds and stocks—indeed, they were among the best investments you could have made over the past two years. After a brief upward jump, the poverty rate has fallen from 42 percent, when Milei was elected, to 31 percent. There is much work still to be done, but a new program from the IMF will provide $12 billion of new lending upfront and potentially another $2 billion, which should enable Milei to remove the remaining capital and exchange controls without reigniting inflation.
Most governments that cut their fiscal deficit by five percentage points of GDP pay a heavy political price for the resulting pain. Margaret Thatcher took nearly all her years in office to get the British public sector borrowing requirement down from 4.5 percent of GDP when she was elected in 1979 to −1.1 percent 10 years later.
– Niall Ferguson
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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I hope in a few years time he does not find himself like Bolsonaro complete with ankle monitor, curfew and social media ban (overwhelmingly important nowadays) having been ousted in an extremely close and somewhat contentious election.
Maybe it’s time to start learning to speak Spanish?
Yes indeed – President Milei has reduced government spending, something that (contrary to the LIES of the BBC and the rest of the media from 1979 onwards) neither Margaret Thatcher or Ronald Reagan did.
John – yes the computerized voting system in Brazil was rigged.
As for President Bolsonaro (a man endlessly lied about by the media, including much of the “conservative” media in Britain – which is much the same as the hard left media when it comes to reporting foreign affairs) – he was not even in Brazil when there were protests against the obviously rigged election.
The judges and general regime in Brazil (including the “Lula” person – held up as a hero by the international media) has carried on campaign of vicious censorship and persecution.
They are also close allies of Mr Putin and the People’s Republic of China Communist Party Dictatorship.