I seem to be in the minority here, and I would definitely be framed as a supporter for saying this, but I'm a nuanced person.
He is more of an idiot than a scammer, legally I think the term is negligence instead of fraud. Having recognized that he caused damage by negligence, additionally I think he was a victim too, he was scammed out of political capital and reputation. I don't think he was in on it, although definitely someone near him definitely was, not necessarily a dev, but definitely someone with a "bag", holding it and speculating that it would go up, essentially utilizing their position for personal gain, which I think is a very classic form of corruption.
It's not the minister of economy, it's not his modus operandi (Funds and offshore accounts), this has the markings of someone young. Whatever he got out of it, either by buying early and holding, or by founding it himself, he for sure lost of all of his political capital.
I'll take a look at the specific contract, and addresses, I'm assuming it's a basic pump.fun thing, but there may be more to it.
I dont know which scenario is worse for a president, an experienced economist like him not understanding what he was endorsing or being part of the scam.
He is not an experienced economist. He holds a Master's from a third-rate private university and a doctorate from a degree mill. This myth needs to die.
> He worked for various years as senior economist in a bank
Ah, it looks like you were in a coma between about 2006 and 2012. I have bad news. Sometimes (whisper it!) banks _employ incompetent people_. I would be reluctant to take "oh, well, he once worked for _HSBC_" as that much of an endorsement.
Not to say that everyone who worked for HSBC was incompetent. But, er, clearly they were not all hypercompetent either, given what happened.
He is experienced. I didn't say he did or didn't do a good job there. My answer is a response to "he has no experience as an economist". It's not a response to what you are argumenting.
This would imply he got nothing out of it or even lost money and I highly doubt it because if he lost money he have have instantly sent out the police and justice department until he was made whole. The truth is this is plain corruption but instead of making millions he probably made a few $ 100ks over the span of a few hours.
That level of idiocy for sure begs impeachment. But he's not an idiot if he arose to the presidency, he's got a lot of savvy about how things work and who does what. Definitely worth inspecting inside and out.
You don't need to be a genius to become president as a populist - you just need to get rid of any kind of morals (if you still had some at the outset).
Yes, but you do need some kind of intelligence to last a year as a non peronist in Argentina and getting the economy to turn around and prevent a hyperinflation.
Either way, this event is bad, he is either negligent or criminal, and the opposition has been looking for a motive to impeach him since he took power, I can't believe he gave it to them.
He is more of an idiot than a scammer, legally I think the term is negligence instead of fraud. Having recognized that he caused damage by negligence, additionally I think he was a victim too, he was scammed out of political capital and reputation. I don't think he was in on it, although definitely someone near him definitely was, not necessarily a dev, but definitely someone with a "bag", holding it and speculating that it would go up, essentially utilizing their position for personal gain, which I think is a very classic form of corruption.
It's not the minister of economy, it's not his modus operandi (Funds and offshore accounts), this has the markings of someone young. Whatever he got out of it, either by buying early and holding, or by founding it himself, he for sure lost of all of his political capital.
I'll take a look at the specific contract, and addresses, I'm assuming it's a basic pump.fun thing, but there may be more to it.