Milei is pledging economic shock therapy, including shutting the central bank, ditching the peso and slashing spending. His challenges will be enormous: Empty coffers, a $44 billion debt program with the IMF, 150% inflation and more.
2015 elections. Actually, 2015 elections are a better example than this. Argentina wasn’t half as bad as now. And people in the most important place (Conurban region) view for the change, because there was a solution that was not peronism. Unfortunately, Macri let everyone down with his gradualism strategy, instead of a shock strategy. That’s why the peronism came back.
I’m simplifying a lot of stuff, there are other reasons for everything. Like Cristina’s legal issues, the kirchnerist party corruption, and the sort. In the same vein, Macri’s lack of boldness in some cases created a crisis of its own.
2015 elections. Actually, 2015 elections are a better example than this. Argentina wasn’t half as bad as now. And people in the most important place (Conurban region) view for the change, because there was a solution that was not peronism. Unfortunately, Macri let everyone down with his gradualism strategy, instead of a shock strategy. That’s why the peronism came back.
I’m simplifying a lot of stuff, there are other reasons for everything. Like Cristina’s legal issues, the kirchnerist party corruption, and the sort. In the same vein, Macri’s lack of boldness in some cases created a crisis of its own.