The eccentric far-right populist Javier Milei has failed to win the first round of Argentina’s presidential election, with the centrist finance minister Sergio Massa unexpectedly beating his radical challenger.
Supporters of Milei, a potty-mouthed political outsider described as an Argentinian mashup of Donald Trump, Jair Bolsonaro and Boris Johnson, had hoped he was heading for a sensational outright victory similar to Bolsonaro’s shock triumph in Brazil in 2018.
Excelent example as it implies the damage to sovereignty it takes.
You know. Pros and cons…
Not really. Puerto Rico’s use of USD is much closer tied to the fact that it’s citizens are full US citizens. It’s not like we bought them or they collapsed and eventually fell under our control. No we went to war with Spain, mostly to get Cuba, and they were one of the islands we got when we won. They became a territory that’s capable of statehood while other winnings like Cuba and the Philippines were released and as they became sovereign states adopted their own currency. The only states we purchased were in the middle of the mainland, under the gold standard, and because Napoleon was broke.
Well we also bought Alaska from Russia for dirt cheap and Putin made some butthurt comment about it recently.