Make Argentina Crash Again: On Milei’s Neoliberal Experiment

[Pink Panther]

Make Argentina Crash Again: On Milei’s Neoliberal Experiment - The American Prospect

The short-term political boost to Argentine president Javier Milei's fortunes is unlikely to continue, as the familiar cycle of crisis and default looms.

prospect.org

 

[Piranha]

Path to become a wealthy nation is for the country to create services and goods the rest of the world wants to purchase. Look at Taiwan and Japan and other countries. Argentina has failed to do that since the 1930s.

They can't make a country wealthy by constantly borrowing money. It's a money pit that won't end up well.

 

[Blockchain]

Just reading about all the debt coming due in 2026 is hard to believe that they will ever be able to pay all this debt off.

Argentina must pay more than $10 billion in debt in first half of 2026 - UPI.com

Argentina must pay more than $10 billion in external debt during the first half of 2026. The country's total debt exceeds $300 billion.

www.upi.com

 

[VINO]

Just reading about all the debt coming due in 2026 is hard to believe that they will ever be able to pay all this debt off.

Argentina must pay more than $10 billion in debt in first half of 2026 - UPI.com

Argentina must pay more than $10 billion in external debt during the first half of 2026. The country's total debt exceeds $300 billion.

www.upi.com

Restaurants are also closing down and sales are way down.

Javier Milei’s economic wins come with a side of pain for Argentina’s restaurants - Financial Times

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