World News@lemmy.worldEnglish · 8 months ago

Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com

Argentina elects 'shock therapy' libertarian Javier Milei as president

www.reuters.com

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 8 months ago

Argentine libertarian Milei pledges new political era after election win

www.reuters.com

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.

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CALIGVLA@lemmy.dbzer0.com
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8 months ago
It’ll be a miracle if in the next year alone he doesn’t completely obliterate what’s left of Argentina’s economy.

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