Argentina's High-Stakes Gamble: Milei's "Chainsaw" Budget Passes, Igniting Hope and Fear in Financial Markets
Milei will govern with a spending plan of his own making, a critical step in his audacious "shock therapy" experiment to overhaul the nation's perpetually troubled economy.
No doubt Trump's $20 billion in Argentina Aid will help. Tyrants love small government.
They love keeping everything for themselves, and Trump has a mini-me.
Since taking office, President Javier Milei has devalued the Argentine peso, this led to inflation over 300% in 2024. Gas prices doubled, and food costs rose by 50%.