Postcards: The Line in the Sand

Argentina's president just delivered the most important speech in the history of the World Economic Forum. The fickle elite have to hate him for it.

Dear Fellow Expat.

This is a transcript of the speech by Javier Milei, President of Argentina. It happened at the World Economic Forum's Annual Meeting in Davos. I am delivering the full speech, as it is a fantastic reminder that we can succeed without mindless bureaucrats and state parasites.

Good afternoon. Thank you very much.

Today I'm here to tell you that the Western world is in danger. And it is in danger because those who are supposed to have to defend the values of the West are co-opted by a vision of the world that inexorably leads to socialism and thereby to poverty.

Unfortunately, in recent decades, the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism. Some have been motivated by well-meaning individuals who are willing to help others, and others have been motivated by the wish to belong to a privileged caste.

We're here to tell you that collectivist experiments are never the solution to the problems tha…