All freedom defenders must welcome Maduro’s arrest as the beginning of a democratic transition process in Venezuela. The economic and political debate often ignores that the Maduro dictatorship weaponised the national oil company to use it as a cash machine to enrich the leaders of the socialist regime and finance the demolition of democratic institutions all over Latin America, creating an international group of allies with the main objective of demolishing US, European, and Latin American democracies from the inside.

Some commentators remove from the economic debate the deliberate collapse of PDVSA, Venezuela’s institutional destruction, and the use of oil as an international political weapon as well as a tool for the personal enrichment of Maduro and his allies. Maduro’s personal wealth is estimated at $3.8 billion. $700 million in assets has already been seized.

One year into Donald Trump’s new presidency, the verdict from the data is clear: the apocalyptic consensus forecasts have failed, and the United States stands as the only major developed economy combining strong growth, controlled inflation and fiscal consolidation.

The same analysts and institutions that applauded massive stimulus, monetary excess and regulatory excess under the previous The same analysts and institutions that applauded massive stimulus, monetary excess, and regulatory excess under the previous administration now struggle to explain why the U.S. economy, which they expected to sink into stagflation, is instead outperforming all of its G7 peers. Furthermore, the U.S. peers that followed net-zero, big government and big tax policies are in secular stagnation.

When we analyze the economic situation in Argentina, we must first understand the calamity to which the country was left by the socialist government of Alberto Fernandez and years of Peronism.

According to UNICEF, Javier Milei has lifted more than one and a half million children out of poverty in just two years. He has restored economic growth and relaunched Argentina, which was heading towards a disaster similar to Venezuela’s due to the policies of Kirchnerism, often referred to as the “socialism of the XXI century”.

When Milei assumed power, Argentina was hurtling toward hyperinflation and misery, on an accelerated path of economic devastation. Inflation was 25.5% per month.