President Javier Milei participates this Friday in the event for the 142nd anniversary of the Rosario Stock Exchange, one of the most important business entities in the country and a reference in the agro-industrial sector. The celebration brings together authorities of the institution, businessmen, leaders, and representatives from the productive sector at the headquarters of the Rosario entity.
Milei delivers his speech live to the attendees of the meeting, in a new presentation before the private sector. The activity is part of the institutional agenda for the anniversary of the Rosario Stock Exchange and marks the third participation of the president in this type of celebrations organized by the entity.
At the beginning of his presentation, Milei again questioned militant journalism and recalled the criticisms he received during his participation in the same event a year ago. At that time, part of the press described his speech as "disconnected" from reality, despite the fact that he was already anticipating the issues currently at the center of economic discussion. “The corrupt journalists, pocketed and microphone hitmen claimed it was a speech detached from what was happening with reality”, he stated.
One of the main focuses of his presentation was the debate over the increase in credit delinquency. Milei argued that the levels recorded in Argentina are not extraordinary compared to other economies and mentioned the cases of the United States, Chile, and Brazil. “Why all the noise?”, the President asked, before questioning why the discussion is presented as an exceptional crisis.
In this regard, Milei linked the emergence of the topic to the electoral scenario and accused the opposition of trying to generate economic uncertainty. “We are entering the election year and it is clearly part of the strategy of those who do not want us to enter and embrace the future”, he stated. He explained that the goal would be to create noise and distortions that pressure the country risk and, in this way, hinder economic expansion.
The president also compared the current debate with the so-called “fear campaign” of 2023, when opposing sectors questioned his proposals with warnings about organ sales or the commercialization of weapons. Milei stated that now a similar dynamic is being attempted around delinquency. “Now we are again entering like fools with delinquency. I refuse to believe that we are that stupid”, he declared.
Later, the President elaborated on the functioning of the credit market and interest rates. Milei argued that interest constitutes a fundamental incentive for saving and investment and suggested that those who access loans outside the formal system may face higher rates due to the greater risk of those operations. “A riskier transaction includes a higher interest rate”, he explained.
