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Why Milei’s Economic Shock Therapy Is Dividing Argentina

Bloomberg•Friday, September 19, 2025 at 8:59:36 PM
NegativeFinancial Markets
Why Milei’s Economic Shock Therapy Is Dividing Argentina
President Javier Milei's aggressive economic reforms, aimed at reducing Argentina's soaring inflation, have led to significant short-term pain for citizens. While he successfully cut inflation from 300% to just over 30% in two years, recent electoral setbacks for his party in Buenos Aires have raised concerns about the sustainability of his policies. This situation poses a critical question for Argentinians: will they endure further hardships for a better future, or will they lean back towards the familiar Peronist policies? The outcome could shape the nation's economic landscape for years to come.
— Curated by the World Pulse Now AI Editorial System
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