Argentina Is Still in Crisis: Why Lower Inflation—and Milei—Might Not Last

[Larry]

Fears of inflation have morphed into fears of job loss and poverty. As these two things get worse things will get worse for Milei.

Argentina Is Still in Crisis

Why lower inflation––and Milei––might not last.

www.foreignaffairs.com

 

[Finance Prof]

Fears of inflation have morphed into fears of job loss and poverty. As these two things get worse things will get worse for Milei.

Argentina Is Still in Crisis

Why lower inflation––and Milei––might not last.

www.foreignaffairs.com

This was a good article. I read it earlier today. We will know by this time next year if things worked out or not.

 

[Digital Nomad]

This was a pretty good article. Crazy when half the country thinks things are getting better and half the country says things are getting worse. At least in the US, everyone agrees the economy has gotten worse.

 

[oil rush]

Only so much patience people will have. Too many problems to turn things around quickly and eventually the frustration might just doom Milei. Job loss is a big worry for many people. My friend just got laid off from her job. Bad news because that means I have to step up to the plate more.

Approval ratings look like they are starting to go down. If the recession continues, that number will keep getting worse.

Milei Lays Out Clearer Currency Path as His Popularity Begins to Dip

(Bloomberg) -- Argentine President Javier Milei outlined the government’s path out of currency controls in greater detail Monday, a policy decision that could have a big impact on his wavering approval ratings. Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadThe...

finance.yahoo.com

 

[Scottishgaucho]

It's hardly surprising given how long he's been in the job. Considering the disaster the last bunch of chancers left it'll take years not months for things to get better.

 

[import export]

It's hardly surprising given how long he's been in the job. Considering the disaster the last bunch of chancers left it'll take years not months for things to get better.

Agree this will take several years to sort out. And he has such as much. I get that people are desperate and angry. Unfortunately when this happens people tend to blame the current President. I don't think this time is any different.

 

[Johnny]

Agree this will take several years to sort out. And he has such as much. I get that people are desperate and angry. Unfortunately when this happens people tend to blame the current President. I don't think this time is any different.

Considering all the harsh austerity measures it boggles my mind how he can still have half the population support him. That is difficult for my mind to comprehend that. People must really be willing to suffer and turn the country around for his popularity to still be so high.

 

[Betsy Ross]

Considering all the harsh austerity measures it boggles my mind how he can still have half the population support him. That is difficult for my mind to comprehend that. People must really be willing to suffer and turn the country around for his popularity to still be so high.

People are very tired of the past administrations that ruined the country. It's definitely painful but people are willing to sacrifice to turn things around. But this could quickly turn around if this recession doesn't end soon.