> But if it improves, is that on Milei? Or is it just waiting out the worst of a bad economic boom-bust cycle? This might be a valid observation in most other

> But if it improves, is that on Milei? Or is it just waiting out the worst of a bad economic boom-bust cycle? This might be a valid observation in most other countries, but Argentina has been a basket case for ages. It’s defaulted nine times in a little over 200 years, and two of those defaults were in 2014 and 2020. I think this is one of those cases where you might could attribute a dramatic one or two year turnaround to the person actually doing something new (spending less).