Thiel moves family to Milei's libertarian Argentina

(ft.com)

90 points | by mmarian 17 hours ago ago

55 comments

  • mmarian 17 hours ago ago
  • laweijfmvo 15 hours ago ago

      “This idea of wealth taxes on the super-rich has a clear connotation of envy,” Milei told Neura. “We consider taxes to be theft.”
    
    I guess that makes things like roads, schools, and hospitals a ‘handout’
    • frm88 5 hours ago ago

      I guess that makes things like roads, schools, and hospitals a ‘handout’

      In an interview with Joe Rogan on YouTube, Peter Thiel said that if people want roads, they should come together and build them or pay for them to be built.

      https://youtu.be/klRb0_BAX9g?si=6GPB2Edq12Xzl3AY

      It's 3.5 hours and I can't give a timestamp where exactly he said that and I really, really don't want to watch that again, so here's the transcript if you want to search: https://podcasts.happyscribe.com/the-joe-rogan-experience/21....

      • 113 2 hours ago ago

        > come together and build them or pay for them to be built

        That's just taxes!

    • insane_dreamer 5 hours ago ago

      The irony that Palantir's primary source of income is ... taxes. So clearly Thiel likes taxes, he just doesn't want rich people paying them.

    • culi 10 hours ago ago

      Yup corporations that don't think they should pay taxes are entitled. You didn't school the populace, build the roads, provide natural disaster relief, etc to make your company possible in the first place.

    • brador 5 hours ago ago

      Taxes also pay for pol and mil that keep people, including them, safe. Capitalist libertarians like to not think about that part.

  • freitasm 15 hours ago ago

    Well, rather him and family go to Argentina, than come to New Zealand, where he's got his citizenship for doing... nothing.

    • PlunderBunny 12 hours ago ago

      As a New Zealander, I'd like to hope he 'did nothing' to get that citizenship, but I'm afraid it probably wasn't nothing.

  • SlightlyLeftPad 15 hours ago ago

    The least he could do is keep his family in the country he’s helping destroy.

    • onlyrealcuzzo 15 hours ago ago

      The whole point of destroying a country is to raid it of its wealth and to get out before it burns to the ground...

      No one has the honor to ride a ship into the ground.

      These days the captains would jump ship at the site of an iceberg and leave everyone to a certain death if there was a chance they'd lose 1 dollar.

      • culi 10 hours ago ago

        The longer we go without a wealth tax the more we're allowing ourselves to be raided

  • aanet 10 hours ago ago

    > Thiel has purchased a six-bedroom mansion in Palermo Chico, a leafy central neighbourhood full of embassies. He has also bought land to build a home near Punta del Este, a Uruguayan beach town popular with Argentina’s wealthy, said one person familiar with his plans.

    Great. So he is doing to Argentina, and now Uruguay, what he did to America

  • ceejayoz 15 hours ago ago

    History sure rhymes.

    • FabHK 14 hours ago ago

      Top comment on FT:

      > And he’s not the first German to have found sanctuary in Argentina!

  • arjie 15 hours ago ago

    Interesting. I could speculate as to why, but has he said anything besides the anti-christ thing? That thing wasn't illuminative in any way. So is it:

    * fear of new wealth taxes in the US styled in the California way

    * fear of being shot like UHC CEO

    * legal retaliation from a new adminstration

    Perhaps a little of each but what weighting? And what else? Personally, I'm definitely working to ensure my wife and children have OCI status and their Taiwanese citizenship locked in so that we have escape hatches.

    • pan69 15 hours ago ago

      > so that we have escape hatches

      From what? Those 3 things you point out above?

      • arjie 15 hours ago ago

        My wife is Taiwanese and I'm Indian. I'm certainly not stupid enough to read the average HN/Reddit thread on Indians and believe that things cannot rapidly change around me.

    • cr125rider 15 hours ago ago

      Yeah Taiwan isn’t under any sort of threat these days, good thinking /s

      • the_gastropod 14 hours ago ago

        You'll find that Americans tend to vastly overestimate how much people in Taiwan actually think about the threat of China. Is there a threat? Yea. But its likelihood is very much still unknown.

        In the meantime, Taiwan offers a pretty excellent quality of life, and it's a great option to have in your back pocket, if you're fortunate enough to have a legal pathway to live there.

  • stephbook 15 hours ago ago
    • Markoff 14 hours ago ago

      yeah, but Argentina has extradition treaty with US, he would stand better chance in Bolivia or Ecuador if it has to be America

  • WheelsAtLarge 15 hours ago ago

    I wonder why he thinks Milei is going to bring continued change over time? Argentina's economy has been a mess as long as I can remember, decades and decades. Why is Milei so different that's he's willing to move there? He must really see a change he can exploit.

    • zulux 14 hours ago ago

      "four types of countries: developed, underdeveloped, Japan, and Argentina." -Simon Kuznet.

    • rbanffy 15 hours ago ago

      Argentina is, indeed, quite puzzling. They shouldn’t be a mess, and they should vote better, but, yet, they never get to have a stable period of progress.

      • culi 10 hours ago ago

        Maybe this will help

        https://en.wikipedia.org/wiki/Military_coups_in_Argentina

        There are only two countries in the entire South America that DO NOT have the experience of having a democratically elected leader overthrown in a US-backed coup.

        • rich_sasha 7 hours ago ago

          Ironically, to complete the pattern, the US has just established a (hereditary?) dictatorship in it's own green land. Via elections.

  • comrade1234 15 hours ago ago

    He still has to pay USA taxes no matter where he moves.

    • ceejayoz 15 hours ago ago

      Sure, but he'll have optimized those away already.

  • idle_zealot 15 hours ago ago

    It's pretty funny that he's fleeing the US for fear of instability and rising anti-oligarch sentiment to Argentina. As though their collapsing society will treat him much better when the shit hits the fan.

    • rbanffy 15 hours ago ago

      He can fly out when it bounces off the fan but well before it splashes on him.

  • PedroBatista 15 hours ago ago

    [flagged]

  • qsxfthnkp2322 15 hours ago ago

    Is Argentina the new Florida because Palantir is destroying America?

    • rbanffy 15 hours ago ago

      It has been a prime destination for nazis for a long time. I guess they have a friendly government now.

      • qsxfthnkp2322 14 hours ago ago

        But I heard Thiel say Elon said USA is the only place left.

  • copx 15 hours ago ago

    Moving to Argentina to avoid political instability is like moving to Nigeria to avoid black people.

    Argentina is way more politically unstable than the US and has a long socialist history.

    If I were an arch-capitalist techno overlord, I would move to Singapore.

    • ceejayoz 13 hours ago ago

      He’s not really evading instability.

      He’s evading consequences for causing it.

  • undefined 15 hours ago ago
    [deleted]
  • Ancalagon 14 hours ago ago

    wussy

  • paulpauper 15 hours ago ago

    so anyone have anything positive to say about him?

  • jprd 15 hours ago ago

    Good.

  • rbanffy 15 hours ago ago

    Why is this being flagged? It’s the FT, it’s factual, and we can deal with misconduct by flagging the individual comments.

    • QuantumNomad_ 14 hours ago ago

      > Hacker News Guidelines

      > What to Submit

      > […]

      > Off-Topic: Most stories about politics, or crime, or sports, or celebrities, unless they're evidence of some interesting new phenomenon. If they'd cover it on TV news, it's probably off-topic.

      https://news.ycombinator.com/newsguidelines.html

      • ceejayoz 14 hours ago ago

        You think a major tech titan noping out to Argentina after burning down the system isn’t an interesting phenomenon?

      • moscoe 14 hours ago ago

        I wish this were enforced broadly. Tired of seeing politics on the front page. I come here to avoid that crap.

        • arvid-lind 12 hours ago ago

          > Tired of seeing politics on the front page. I come here to avoid that crap.

          Well, I quite enjoy getting this community's perspective on current events and political topics. I wish more people would care about the ways these things intersect with their areas of interest and expertise. One man's crap, I guess!

        • cherry_tree 14 hours ago ago

          Can you describe what your idea of a “hacker” and their associated interests might be?

        • baal80spam 14 hours ago ago

          Yes, 100%.

      • OutOfHere 13 hours ago ago

        You don't get to use that selectively for things you disagree with.

    • canyp 14 hours ago ago

      Maybe dang can respond. I am curious if this was flagged by users or just censored by mods.

      • andrewflnr 11 hours ago ago

        Flagging is generally a user action, that mods sometimes override. I think there's a karma floor but otherwise anyone can do it.

    • undefined 13 hours ago ago
      [deleted]
  • Aboutplants 15 hours ago ago

    [flagged]