The newly elected president of Argentina, Javier Milei, spoke to his supporters this Sunday. “The poor model of caste is over, today we are adopting the model of freedom to become a world power again,” he said.

The newly elected Argentine president, ultra-liberal economist Javier Milei, said in his victory speech on Sunday evening that “today begins the end of decadence” and the “reconstruction of Argentina”.

“It’s a historic night for Argentina,” Milei told several thousand supporters at his campaign headquarters in Buenos Aires after his landslide victory with more than 55% of the vote.

“We are facing huge problems”

“The poor model of caste is over, today we are adopting the model of freedom to become a world power again,” he continued. “Today, one way of politics ends and another begins.”

“We are facing enormous problems: inflation, stagnation, lack of real jobs, insecurity, poverty and misery,” the president-elect said. “Problems that will only be solved if we embrace the ideas of freedom again.”

“There is no room for gradualism, there is no room for lukewarmness or half-measures,” warned the man who has been advocating shock therapy for two years for an economy exhausted by chronic inflation, now at 143% in one year.

He addressed “all Argentinians and political leaders, all who want to join the new Argentina,” but also warned of possible social resistance to his reforms.

“We know that there are people who will resist, who will want to preserve for some this system of privilege, but which impoverishes the majority. I say to them this: everything that is in the law is permitted, but nothing (of what is) outside the law.

Javier Milei will assume the presidency on December 10, replacing Peronist (center-left) President Alberto Fernandez.