Javier Milei, the Argentinian president, former eccentric TV pundit, is in trouble with his chainsaw economics faltering, his sister embroiled in a corruption scandal and his political rivals circling with a recent landslide defeat in local elections with midterms approaching in late October.
On the global right, he is an icon, a rock star president. Elon Musk called him a “beacon of hope”. President Trump hailed him as a “hero”. Kemi Badenoch sees him as the “template” for all conservative leaders. He has closed nine of 18 ministries, laid off 48,000 public sector workers and the state news agency has been shut.
He has brought inflation down but according to economists that is a “mirage” as a result of keeping the peso’s value artificially strong, hurting economic growth, sucking in imports and preventing Argentina from building the stock of dollars it needs to repay a mountain of foreign debt. He is refusing to ditch libertarian reforms since evidently his core belief is that compromise is failure.
Scott Bessent, the US treasury secretary, said that the US “stands ready to do what is needed within its mandate to support Argentina” as Milei seeks an emergency credit line of up to $30 billion from the US.
Milei’s Term started 10 December 2023 at 11.56 am Buenos Aires, with an ambitious and outspoken 10th house Mars in Sagittarius conjunct the Sun which is in an unfortunate square to delusional Neptune in Pisces. There is a superficially amiable Jupiter in Taurus opposition Venus square a control-freak Pluto. With Uranus opposition the Scorpio Moon, hinting at an electorate not in tune with extremist ideas. The Jupiter also trines Mercury for confidence but sextiles onto an impractical 12th house Saturn in Pisces.
The Moon has moved by Solar Arc to oppose the Uranus exactly this year.
His personal chart, 22 October 1970 11.59 pm Buenos Aires, has a 4th house family-oriented Libra Sun and a flamboyant though not realistic Leo Moon in his 2nd house of finances. Where he gets his do-or-die determination with failure not-an-option approach is his intense Pluto in Virgo in his 3rd conjunct Mars in early Libra. Plus he has a super-confident Jupiter as well as Venus Neptune all in Scorpio in his entertaining 5th house.
The Virgo Solar Eclipse is conjunct his Pluto this year as his power-base crumbles. With tr Saturn Neptune opposition his Pluto and Mars for major setbacks now, across the winter into 2026; followed by a catastrophic 2027 as his SA Pluto is conjunct his Venus and his SA Mars in conjunct his Neptune.
The Bank of Argentina, 28 May 1935 looks disrupted and unnerved ahead with tr Pluto continuing to square the Uranus through 2026; tr Uranus in a jolting conjunction to the Sun after mid 2026 into 2027; and an outright panic about failure in 2027/28 as tr Neptune opposes the Mars.
Trump/Milei economics do not appear to be paying off.
Previous post: November 20 2023
Javier Milei, the right-wing libertarian oddball, Trump and Bolsonaro admirer, has won a clear victory in the Argentina elections which some political analysts say is a reflection of the electorate’s desperation for change rather than support of his far-right ideology. He has promised to cut back the Argentinian state to its bare minimum and introduce radical economic reforms. Elon Musk said on hearing of the victory “prosperity is ahead for Argentina,” which just goes to show how warped his judgement is.
Failed economic policies have left Argentina, one of the world’s most perpetually unstable economies, in one of its worst crises yet. Annual inflation is above 140 percent — the third highest rate in the world. More than two in five Argentines live in poverty and the value of the currency has plummeted downwards.
There is nothing in any of the charts to suggest the redeemer has arrived, quite the opposite – details from earlier post 17 August below. He will be sworn in as president on December 10 which has a lacklustre, impractical Sun square Neptune, never a good sign for an administration. With a superficially showy Jupiter opposition Venus and a reforming Uranus trine Pluto.
His own chart, 22 October 1970 12.59pm Buenos Aires (birth certificate) will flounder with tr Neptune opposition his Pluto Mars conjunction in 2024/2025 and even before then tr Pluto square his Sun for the next 14 months and tr Uranus squaring his hope-for-a-better-society Saturn opposition Venus Neptune this year right through till 2025.
The Argentina 25 May 1810 chart and the Bank of Argentina chart 28 May 1935 are both highly Mutable chart with Gemini Suns and a raft of other Sagittarius, Pisces and Virgo planets – all of which will be deflated by tr Saturn in Pisces through into 2025.
Oddly enough Milei’s relationship chart with Argentina is relatively upbeat in essence with a composite Sun Jupiter trine Pluto so he obviously brings enthusiasm and hope to the table. Though 2026 will bring a more hostile mood when tr Pluto opposes the composite Mars.
Post August 17 2023
In desperate financial straits – again – Argentina threw up an ultra-conservative oddball in the dress rehearsal for the late October general election. Javier Milei, who won over 30 per cent of the vote, is ‘a rightwing libertarian who campaigns like a rock star, lives alone with five mastiffs named after famous liberal economists and claims not to have brushed his hair since he was 13 (he is 52).’
Whoever wins they will inherit a catastrophic economic situation with central bank almost out of reserves and heavy restrictions on foreign exchange. Inflation is running at around 115% and nearly 40 per cent of the population live below the poverty line. A severe drought has exacerbated problems, which the government has used as an excuse for missing all of IMF’s targets for its lifeline programme. Another default looms.
Milei, born 22 October 1970 in Buenos Aires, has a late Libra Sun with a ferociously determined Pluto conjunct Mars; and a head-in-the-clouds, moody, insecure and ambivalent Venus Neptune in Scorpio opposition Saturn in Taurus. His Sun sits on his Neptune/Pluto midpoint which is associated with the supernatural or fantastical beliefs.
His Jupiter in Scorpio caught the recent Lunar Eclipse which would give him a lift. The general election falls on his birthday with tr Jupiter opposition his Jupiter. A win is not inevitable and he looks to be in a degree of turmoil immediately following and in 2024 – though that would be true even if he did win.
The Argentina 25 May 1810 country chart with its Gemini Sun Mars opposition Neptune Saturn in Sagittarius square Pisces Moon Pluto – will be dragged down to earth by tr Saturn in Pisces through 2023/24. The recent Lunar Eclipse rattled the Uranus in Scorpio hinting that a change of course was badly needed.
It is not quite as dire as the 2001 default which happened on the Saturn in Sagittarius opposition Pluto square Mars; and the Solar Arc Pluto squaring the financial Venus in the run up. But it will require considerable sacrifices.
The Bank of Argentina, 28 May 1935, another Gemini Sun square Saturn opposition Neptune, will face a surfeit of Saturn reality checks as well in 2023/24; and a pressured Solar Arc Pluto square the financial Venus. Again not quite as catastrophic as the 2001 default when the Solar Arc Mars squared Neptune and rattled up the T Square with Sun and Saturn; and the tr Saturn opposition tr Pluto added its later of woe.
The Argentine President sounds quite the character.
Re: Neptune in ‘delusional Pisces’ (which I don’t disagree with) got me thinking about signs positioned in their rulership planet – as you’d expect them to operate at their highest vibration. So just maybe, giving the benefit of the doubt (Pisces compassion/gullibility) is something to aspire to. Dunno.