Javier Milei unravelled

[CecilM]

Latest from Milei: he tried to lure investors with a 69% bond interest rate… and only managed to sell just over half. Apparently, not even blockbuster numbers can get people to lend money to the “economic miracle.” Inflation keeps rising, bonds keep falling… and the TV show goes on.

 

[Betsy Ross]

Yikes! This was interesting to read. But to be fair the writer probably doesn't know what a mess Milei inherited. Few people understand Argentina and what a basket case it is.

 

[Katyx]

The attempt to refinance bonds with a 69% rate highlights investors’ lack of confidence in Argentina’s economy. Even though there’s talk of an “economic miracle,” the numbers show it’s very difficult to avoid default or high inflation in this context.

 

[Ron]

Another episode of the Milei soap opera: bonds at 69% and people saying “pass.” Meanwhile, he keeps acting like the star of an economic reality show.

 

[Melibaires]

Yes, he offered a 69% bond interest rate and only sold a bit over half, but that reflects Argentina’s high-risk economic environment, not necessarily a failure of his policies. Tackling decades of fiscal mismanagement and inflation isn’t easy, and bold moves like this are part of trying to attract investment and stabilize the economy in the long term. Short-term setbacks don’t mean the “economic miracle” idea is unrealistic.