The former president of Argentina Cristina Kirchner (2007-2015) published this Wednesday (14) a 33-page document in which she harshly criticizes the government of Javier Milei, whom she called the “economist showman of the Casa Rosada”.
The former Argentine vice-president (2019-2023) also warns in the text of the risk of dollarization as the true north of Milei's policies and that the country “is going through its third debt crisis”, after the one that originated in the last dictatorship (1976-1983) and was triggered under the mandate of Raúl Alfonsín (1983-1989), and the following “incubated in convertibility and imploded in 2001”.
According to the text, this third crisis is “germinated in the process of heavy debt by the government of Mauricio Macri, which resulted in the return of the IMF [Fundo Monetário Internacional] and whose outcome we are moving towards.”
The former president criticizes in the document that Milei has dollarization as the “only stabilization plan”, since, in her opinion, the government “implemented a fierce adjustment program that works as a true destabilization plan”, which “ re-feeds the inflationary spiral, placing society on the brink of shock” and which “will inevitably cause an increase in unemployment and social despair in a kind of planned chaos”.
Cristina Kirchner focuses her criticism on two former officials from Mauricio Macri's government (2015-2019): the current Minister of Economy, Luis Caputo, whom she calls the “architect of serial debt” and the return of the IMF to Argentina; and Milei's advisor, Federico Sturzenegger, who was president of the Central Bank and “protagonist in the 'mega swap' of external debt together with Domingo Cavallo in the government of [Fernando] From La Rua.”
The former president also warns of the “risk” of “irreversible foreignization” of Argentine territory if Milei develops some postulates included in the Necessity and Urgency Decree (DNU) and the so-called “Ómnibus Law”, “in a 21st century that will be characterized due to the dispute over ownership of land, water and natural resources”.
Although she does not question the legitimacy of Milei's victory at the polls, Cristina stated that the president cannot “lose sight” of his “legitimacy in office”, which can only be achieved by “improving the quality of life of Argentines”.
In the text, the former vice president attributed the victory of the ultra-libertarian economist to his performance on social media and the role of the press.
On the other hand, he recognized that “it would be intellectually dishonest not to mention the breach of the electoral contract by the Frente de Todos government”, led by Alberto Fernández (2019-2023), which “could not or did not know how to untie the Gordian knot of debt to halt the development of this third debt crisis.”
Fernández's government, of which Cristina was vice-president, handed over the presidency of Argentina to Milei with the highest inflation in the world, at 211.4% in 2023.
Furthermore, she faces problems in court. At the beginning of the month, the Federal Chamber of Criminal Cassation rejected her appeal against a decision that had revoked the filing of a case in which she is being investigated for her alleged collaboration in the crime of money laundering, a case known as “Money Route K ”.
Next week, the same court begins the trial of appeals presented by her and other defendants convicted in December 2022 for alleged irregularities in the concession of 51 public works in the province of Santa Cruz, political cradle of Kirchnerism, during the presidencies of the late Néstor Kirchner (2003-2007) and Cristina.
Cristina Kirchner was sentenced last year to six years in prison and perpetual disqualification from holding public office for the crime of fraudulent administration of public resources for this case. (With EFE Agency)
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