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Is Javier Milei's economic gamble working?
- kragen 2y agohttps://archive.fo/TUDss https://archive.fo/TUDss The brief summary is that inflation is down, but "most Argentines are not yet better off than they were a year ago". This is in perfect accordance with my on-the-ground observations. Things aren't better, but at least they're not worse, or if they're worse, it's by very little. This may not sound very important (after all, only 0.5% of people live in Argentina, and we don't export much) but Elon Musk and Vivek Ramaswamy have expressed admiration for Milei's efforts, and they're being put in charge of reforming the US Federal Government, so it may be very important information about what's about to happen in the world's second-biggest economy.
- ivanbelenky 2y agoI know nothing about nothing, I am an argentinian though. We are more expensive in food than most european countries. The scientific complex is getting asphyxiated, violence is rising. This appears to not end well. Overestimaed currency value backed up by debt and their hopes of getting a bridge loan by the IMF until money from mining arrives.