Milei’s Libra Fiasco: Argentinians Shake Heads, Crypto Shakes Itself to Death

Ah, the survey—conducted by the ever-so-reliable Zuban Córdoba—questioned 1,600 souls in March, probing their trust in Milei a month after the scandal erupted. One can only imagine the sighs, the eye rolls, and the occasional throwing of hands into the air. 🫠

Trust? What Trust?

The results, as predictable as a soap opera plot twist, revealed that 57.6% of respondents disapproved of Milei, while a mere 36% clung to their faith in him like a drowning man to a lifebuoy. The remaining 6.4% were, as always, blissfully uncertain—perhaps too busy enjoying empanadas to care. Milei’s approval ratings, once as robust as a well-aged Malbec, have now soured like cheap wine left in the sun. His national management approval plummeted from 47.3% in November to 41.6% in March. Ouch. 🍷

Zuban Córdoba, ever the bearer of bad news, noted that negativity surrounding Milei continues to rise, like bread dough in a warm kitchen. More issues emerge, and the public’s patience wears thinner than a politician’s promise.

Poll Wars: The Mixed Results Awaken

While Zuban Córdoba’s poll painted a picture bleaker than a winter in Patagonia, other surveys offered a more nuanced view. The University of San Andrés, in a study conducted between March 11 and 20, found Milei’s approval rating at 45%. Meanwhile, Morning Consult, in data gathered from February 27 to March 5, claimed Milei still held a 62.4% approval rating. One wonders if these pollsters are even looking at the same country. 🤔

Libra Scandal: Milei’s “Oops, Not My Fault” Defense

Milei, ever the master of deflection, has distanced himself from the Libra scandal, insisting he did not promote the token but merely “spread the word” about it in a February 14 post on X. Ah, yes, the classic “I’m not responsible for the chaos I caused” defense. Following his post, the Libra token soared to a $4.6 billion market cap before crashing nearly 94% in a few hours. Fraud lawsuits have since been filed, because of course they have. 🚀💥

Election Drama: Milei’s Party Still Leads (For Now)

Despite the scandal, Milei’s party, La Libertad Avanza, remains in the lead for the October 2025 Argentine election. Recent data shows 36.7% of voters support the libertarian party, compared to 32.5% for the Unión por la Patria opposition. However, Milei’s handling of inflation remains a hot topic, with only 43% of respondents believing he’s effectively controlled it. And 63% oppose his efforts to secure a new loan from the IMF. Because, really, what could go wrong with more debt? 💸

Source

Read More

2025-03-27 19:43